KORSEGATA 8 AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

35,12 %

Current Ratio

0,77

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 450 000	3 124 000	2 740 000	2 772 000
Net Income	1 217 000	940 000	1 063 000	1 175 000
Total Assets	7 455 000	5 878 000	5 792 000	5 006 000
Total Equity	3 465 000	3 472 000	3 478 000	3 398 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 450 000	3 124 000	2 740 000	2 772 000
Expenditure	1 835 000	1 896 000	1 381 000	1 297 000
Operating Profit	1 615 000	1 228 000	1 358 000	1 474 000
Financial Income	10 000	0	5 000	33 000
Financial Costs	65 000	24 000	0	0
Financial Balance	−55 000	−24 000	5 000	33 000
Earnings Before Tax	1 560 000	1 205 000	1 363 000	1 507 000
Tax	343 000	265 000	300 000	331 000
Net Income	1 217 000	940 000	1 063 000	1 175 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 060 000	5 030 000	5 047 000	3 293 000
Total Current Assets	1 396 000	848 000	745 000	1 714 000
Total Assets	7 455 000	5 878 000	5 792 000	5 006 000
Total Retained Equity	317 000	324 000	330 000	250 000
Total Equity	3 465 000	3 472 000	3 478 000	3 398 000
Total Long-Term Debt	2 184 000	0	0	0
Total Current Debt	1 806 000	2 407 000	2 315 000	1 609 000
Total Equity and Debt	7 455 000	5 878 000	5 792 000	5 006 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 450 000	3 124 000	2 740 000	2 772 000
Other Income	0	0	0	0
Revenue	3 450 000	3 124 000	2 740 000	2 772 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	432 000	379 000	268 000	85 000
Impairment	0	0	0	0
Expenditure	1 835 000	1 896 000	1 381 000	1 297 000
Operating Profit	1 615 000	1 228 000	1 358 000	1 474 000
Financial Income	10 000	0	5 000	33 000
Financial Costs	65 000	24 000	0	0
Financial Balance	−55 000	−24 000	5 000	33 000
Dividends	0	0	0	0
Net Income	1 217 000	940 000	1 063 000	1 175 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	550 000	548 000	547 000	569 000
Real Eastate	5 442 000	4 453 000	4 462 000	2 723 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	68 000	29 000	39 000	0
Total Tangible Assets	5 509 000	4 482 000	4 501 000	2 723 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 060 000	5 030 000	5 047 000	3 293 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	1 449 000
Total Current Assets	1 396 000	848 000	745 000	1 714 000
Total Assets	7 455 000	5 878 000	5 792 000	5 006 000
Total Equity	3 465 000	3 472 000	3 478 000	3 398 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 184 000	0	0	0
Creditors	110 000	200 000	145 000	185 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 696 000	2 207 000	2 169 000	1 424 000
Total Current Debt	1 806 000	2 407 000	2 315 000	1 609 000
Total Equity and Debt	7 455 000	5 878 000	5 792 000	5 006 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,12 %	27,07 %	30,56 %	34,58 %
Debt-to-Equity Ratio	0,63	0	0	0
Operating Profit Margin	46,81 %	39,31 %	49,56 %	53,17 %
Current Ratio	0,77	0,35	0,32	1,07
Quick Ratio	0,77	0,35	0,32	1,07
Equity Ratio	0,46	0,59	0,6	0,68
Gross Profit Margin	100 %	100 %	100 %	100 %