CORNERSTONE AS

1813 ASKIM

Finances

Return on Equity

1,99 %

Current Ratio

16,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	321 000	89 000	35 000
Net Income	11 000	59 000	−69 000	10 000
Total Assets	588 000	885 000	927 000	966 000
Total Equity	554 000	743 000	883 000	953 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	321 000	89 000	35 000
Expenditure	152 000	296 000	171 000	63 000
Operating Profit	−32 000	25 000	−82 000	−29 000
Financial Income	44 000	36 000	18 000	44 000
Financial Costs	0	4 000	5 000	3 000
Financial Balance	44 000	32 000	13 000	41 000
Earnings Before Tax	11 000	57 000	−69 000	13 000
Tax	0	−3 000	0	3 000
Net Income	11 000	59 000	−69 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	35 000	35 000	25 000
Total Current Assets	563 000	850 000	892 000	941 000
Total Assets	588 000	885 000	927 000	966 000
Total Retained Equity	500 000	689 000	829 000	899 000
Total Equity	554 000	743 000	883 000	953 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	34 000	142 000	43 000	13 000
Total Equity and Debt	588 000	885 000	927 000	966 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	120 000	321 000	89 000	35 000
Other Income	0	0	0	0
Revenue	120 000	321 000	89 000	35 000
Cost of Goods Sold	0	0	0	0
Salary Costs	78 000	232 000	106 000	15 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	152 000	296 000	171 000	63 000
Operating Profit	−32 000	25 000	−82 000	−29 000
Financial Income	44 000	36 000	18 000	44 000
Financial Costs	0	4 000	5 000	3 000
Financial Balance	44 000	32 000	13 000	41 000
Dividends	0	0	0	0
Net Income	11 000	59 000	−69 000	10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	25 000	35 000	35 000	25 000
Total Fixed Assets	25 000	35 000	35 000	25 000
Stock	0	0	0	0
Total Investments	421 000	718 000	686 000	874 000
Cash, Bank	87 000	104 000	180 000	65 000
Total Current Assets	563 000	850 000	892 000	941 000
Total Assets	588 000	885 000	927 000	966 000
Total Equity	554 000	743 000	883 000	953 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	26 000	94 000	26 000	9 000
Dividends	0	0	0	0
Other Current Debt	8 000	49 000	17 000	1 000
Total Current Debt	34 000	142 000	43 000	13 000
Total Equity and Debt	588 000	885 000	927 000	966 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,99 %	7,94 %	−7,81 %	1,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−26,67 %	7,79 %	−92,13 %	−82,86 %
Current Ratio	16,56	5,99	20,74	72,38
Quick Ratio	16,56	5,99	20,74	72,38
Equity Ratio	0,94	0,84	0,95	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %