CORVITA KOMPETANSE AS

3404 LIER

Finances

Share Ownership

Return on Equity

340,56 %

Current Ratio

0,93

Debt-to-Equity Ratio

5,57

Key figures (NOK)	2022	2021	2020
Revenue	51 204 000	13 411 000	458 000
Net Income	848 000	−475 000	33 000
Total Assets	15 053 000	6 495 000	625 000
Total Equity	249 000	−413 000	63 000

Income (NOK)	2022	2021	2020
Revenue	51 204 000	13 411 000	458 000
Expenditure	49 995 000	13 928 000	416 000
Operating Profit	1 209 000	−516 000	43 000
Financial Income	0	0	0
Financial Costs	106 000	94 000	1 000
Financial Balance	−106 000	−94 000	−1 000
Earnings Before Tax	1 103 000	−610 000	42 000
Tax	255 000	−134 000	9 000
Net Income	848 000	−475 000	33 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 643 000	3 454 000	110 000
Total Current Assets	12 411 000	3 041 000	515 000
Total Assets	15 053 000	6 495 000	625 000
Total Retained Equity	219 000	−443 000	33 000
Total Equity	249 000	−413 000	63 000
Total Long-Term Debt	1 388 000	3 075 000	1 000
Total Current Debt	13 416 000	3 833 000	562 000
Total Equity and Debt	15 053 000	6 495 000	625 000

Cash flow (NOK)	2022	2021	2020
Sales Income	51 204 000	13 411 000	458 000
Other Income	0	0	0
Revenue	51 204 000	13 411 000	458 000
Cost of Goods Sold	10 644 000	2 612 000	0
Salary Costs	26 609 000	7 978 000	232 000
Depreciation	475 000	255 000	3 000
Impairment	0	176 000	0
Expenditure	49 995 000	13 928 000	416 000
Operating Profit	1 209 000	−516 000	43 000
Financial Income	0	0	0
Financial Costs	106 000	94 000	1 000
Financial Balance	−106 000	−94 000	−1 000
Dividends	0	0	0
Net Income	848 000	−475 000	33 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	35 000	206 000	110 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	2 553 000	3 248 000	0
Total Tangible Assets	2 553 000	3 248 000	0
Total Fiancial Fixed Assets	55 000	0	0
Total Fixed Assets	2 643 000	3 454 000	110 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	4 604 000	657 000	46 000
Total Current Assets	12 411 000	3 041 000	515 000
Total Assets	15 053 000	6 495 000	625 000
Total Equity	249 000	−413 000	63 000
Short-Term Group Debt	0	400 000	0
Total Long-Term Debt	1 388 000	3 075 000	1 000
Creditors	2 749 000	695 000	102 000
Unpaid Taxes	2 450 000	1 095 000	74 000
Dividends	0	0	0
Other Current Debt	8 208 000	1 327 000	42 000
Total Current Debt	13 416 000	3 833 000	562 000
Total Equity and Debt	15 053 000	6 495 000	625 000

Financial indicators	2022	2021	2020
Return on Equity	340,56 %	115,01 %	52,38 %
Debt-to-Equity Ratio	5,57	−7,45	0,02
Operating Profit Margin	2,36 %	−3,85 %	9,39 %
Current Ratio	0,93	0,79	0,92
Quick Ratio	0,93	0,79	0,92
Equity Ratio	0,02	−0,06	0,1
Gross Profit Margin	79,21 %	80,52 %	100 %