KORSMO EIENDOM AS

2050 JESSHEIM

Finances

Share Ownership

Return on Equity

10,44 %

Current Ratio

1,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 114 000	2 077 000	2 107 000	2 093 000
Net Income	493 000	587 000	741 000	619 000
Total Assets	6 163 000	7 624 000	7 323 000	6 292 000
Total Equity	4 723 000	5 230 000	6 643 000	5 903 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 114 000	2 077 000	2 107 000	2 093 000
Expenditure	1 487 000	1 330 000	1 225 000	1 346 000
Operating Profit	627 000	748 000	883 000	747 000
Financial Income	7 000	7 000	69 000	50 000
Financial Costs	2 000	2 000	3 000	3 000
Financial Balance	5 000	5 000	66 000	47 000
Earnings Before Tax	632 000	753 000	950 000	794 000
Tax	139 000	166 000	209 000	175 000
Net Income	493 000	587 000	741 000	619 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 548 000	3 643 000	3 741 000	3 842 000
Total Current Assets	2 615 000	3 981 000	3 582 000	2 450 000
Total Assets	6 163 000	7 624 000	7 323 000	6 292 000
Total Retained Equity	2 568 000	3 075 000	4 487 000	3 747 000
Total Equity	4 723 000	5 230 000	6 643 000	5 903 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 439 000	2 394 000	680 000	390 000
Total Equity and Debt	6 163 000	7 624 000	7 323 000	6 292 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 114 000	2 077 000	2 107 000	2 093 000
Revenue	2 114 000	2 077 000	2 107 000	2 093 000
Cost of Goods Sold	0	0	0	0
Salary Costs	862 000	667 000	702 000	692 000
Depreciation	81 000	81 000	81 000	139 000
Impairment	0	0	0	0
Expenditure	1 487 000	1 330 000	1 225 000	1 346 000
Operating Profit	627 000	748 000	883 000	747 000
Financial Income	7 000	7 000	69 000	50 000
Financial Costs	2 000	2 000	3 000	3 000
Financial Balance	5 000	5 000	66 000	47 000
Dividends	1 000 000	2 000 000	0	0
Net Income	493 000	587 000	741 000	619 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	72 000	89 000	109 000
Real Eastate	3 490 000	3 571 000	3 652 000	3 733 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 490 000	3 571 000	3 652 000	3 733 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 548 000	3 643 000	3 741 000	3 842 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	678 000	670 000	405 000	31 000
Total Current Assets	2 615 000	3 981 000	3 582 000	2 450 000
Total Assets	6 163 000	7 624 000	7 323 000	6 292 000
Total Equity	4 723 000	5 230 000	6 643 000	5 903 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	9 000	−3 000	33 000
Unpaid Taxes	93 000	65 000	70 000	20 000
Dividends	1 000 000	2 000 000	0	0
Other Current Debt	222 000	171 000	423 000	173 000
Total Current Debt	1 439 000	2 394 000	680 000	390 000
Total Equity and Debt	6 163 000	7 624 000	7 323 000	6 292 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,44 %	11,22 %	11,15 %	10,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,66 %	36,01 %	41,91 %	35,69 %
Current Ratio	1,82	1,66	5,27	6,28
Quick Ratio	1,82	1,66	5,27	6,28
Equity Ratio	0,77	0,69	0,91	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %