KORNDRIFT SA

1894 RAKKESTAD

Finances

Share Ownership

Return on Equity

52,16 %

Current Ratio

0,15

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 592 000	1 161 000	923 000	1 179 000
Net Income	567 000	139 000	−160 000	138 000
Total Assets	1 985 000	737 000	568 000	653 000
Total Equity	1 087 000	519 000	381 000	541 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 592 000	1 161 000	923 000	1 179 000
Expenditure	864 000	978 000	1 117 000	1 007 000
Operating Profit	728 000	184 000	−193 000	172 000
Financial Income	3 000	3 000	4 000	4 000
Financial Costs	7 000	9 000	8 000	7 000
Financial Balance	−4 000	−6 000	−4 000	−3 000
Earnings Before Tax	724 000	179 000	−197 000	168 000
Tax	157 000	40 000	−36 000	31 000
Net Income	567 000	139 000	−160 000	138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 859 000	357 000	476 000	572 000
Total Current Assets	127 000	380 000	92 000	81 000
Total Assets	1 985 000	737 000	568 000	653 000
Total Retained Equity	1 087 000	519 000	381 000	541 000
Total Equity	1 087 000	519 000	381 000	541 000
Total Long-Term Debt	69 000	0	0	0
Total Current Debt	829 000	217 000	187 000	112 000
Total Equity and Debt	1 985 000	737 000	568 000	653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	281 000	406 000	163 000	229 000
Other Income	1 311 000	756 000	760 000	950 000
Revenue	1 592 000	1 161 000	923 000	1 179 000
Cost of Goods Sold	281 000	343 000	159 000	211 000
Salary Costs	0	0	0	0
Depreciation	78 000	62 000	111 000	109 000
Impairment	0	0	0	0
Expenditure	864 000	978 000	1 117 000	1 007 000
Operating Profit	728 000	184 000	−193 000	172 000
Financial Income	3 000	3 000	4 000	4 000
Financial Costs	7 000	9 000	8 000	7 000
Financial Balance	−4 000	−6 000	−4 000	−3 000
Dividends	0	0	0	0
Net Income	567 000	139 000	−160 000	138 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	28 000	68 000	31 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 837 000	307 000	369 000	480 000
Fixtures	0	0	0	0
Total Tangible Assets	1 837 000	307 000	369 000	480 000
Total Fiancial Fixed Assets	22 000	22 000	39 000	61 000
Total Fixed Assets	1 859 000	357 000	476 000	572 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	0	0	0
Total Current Assets	127 000	380 000	92 000	81 000
Total Assets	1 985 000	737 000	568 000	653 000
Total Equity	1 087 000	519 000	381 000	541 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	69 000	0	0	0
Creditors	768 000	8 000	17 000	63 000
Unpaid Taxes	0	22 000	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	2 000	2 000
Total Current Debt	829 000	217 000	187 000	112 000
Total Equity and Debt	1 985 000	737 000	568 000	653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,16 %	26,78 %	−41,99 %	25,51 %
Debt-to-Equity Ratio	0,06	0	0	0
Operating Profit Margin	45,73 %	15,85 %	−20,91 %	14,59 %
Current Ratio	0,15	1,75	0,49	0,72
Quick Ratio	0,15	1,75	0,49	0,72
Equity Ratio	0,55	0,7	0,67	0,83
Gross Profit Margin	82,35 %	70,46 %	82,77 %	82,1 %