KØRVEN AS

7014 TRONDHEIM

Finances

Return on Equity

−19,17 %

Current Ratio

25,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	980 000
Net Income	−18 190 000	42 528 000	6 705 000	5 981 000
Total Assets	98 103 000	127 302 000	84 513 000	77 709 000
Total Equity	94 872 000	121 627 000	81 942 000	77 242 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	980 000
Expenditure	269 000	441 000	152 000	309 000
Operating Profit	−269 000	−441 000	−152 000	670 000
Financial Income	34 214 000	49 643 000	10 861 000	8 439 000
Financial Costs	51 494 000	6 524 000	4 004 000	3 129 000
Financial Balance	−17 280 000	43 119 000	6 857 000	5 310 000
Earnings Before Tax	−17 549 000	42 677 000	6 705 000	5 981 000
Tax	641 000	149 000	0	0
Net Income	−18 190 000	42 528 000	6 705 000	5 981 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 488 000	45 093 000	45 179 000	39 663 000
Total Current Assets	81 614 000	82 209 000	39 334 000	38 045 000
Total Assets	98 103 000	127 302 000	84 513 000	77 709 000
Total Retained Equity	93 571 000	120 326 000	80 641 000	75 941 000
Total Equity	94 872 000	121 627 000	81 942 000	77 242 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 231 000	5 675 000	2 571 000	466 000
Total Equity and Debt	98 103 000	127 302 000	84 513 000	77 709 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	980 000
Revenue	0	0	0	980 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	78 000
Impairment	0	0	0	0
Expenditure	269 000	441 000	152 000	309 000
Operating Profit	−269 000	−441 000	−152 000	670 000
Financial Income	34 214 000	49 643 000	10 861 000	8 439 000
Financial Costs	51 494 000	6 524 000	4 004 000	3 129 000
Financial Balance	−17 280 000	43 119 000	6 857 000	5 310 000
Dividends	2 551 000	2 842 000	2 005 000	0
Net Income	−18 190 000	42 528 000	6 705 000	5 981 000

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	16 488 000	45 093 000	45 179 000	39 663 000
Total Fixed Assets	16 488 000	45 093 000	45 179 000	39 663 000
Stock	0	0	0	0
Total Investments	72 422 000	79 008 000	30 646 000	37 707 000
Cash, Bank	4 976 000	3 180 000	8 635 000	328 000
Total Current Assets	81 614 000	82 209 000	39 334 000	38 045 000
Total Assets	98 103 000	127 302 000	84 513 000	77 709 000
Total Equity	94 872 000	121 627 000	81 942 000	77 242 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	2 551 000	2 842 000	2 005 000	0
Other Current Debt	0	2 721 000	566 000	466 000
Total Current Debt	3 231 000	5 675 000	2 571 000	466 000
Total Equity and Debt	98 103 000	127 302 000	84 513 000	77 709 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,17 %	34,97 %	8,18 %	7,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	68,37 %
Current Ratio	25,26	14,49	15,3	81,64
Quick Ratio	25,26	14,49	15,3	81,64
Equity Ratio	0,97	0,96	0,97	0,99
Gross Profit Margin	-	-	-	100 %