ROAR KORSNES AS

6264 TENNFJORD

Finances

Share Ownership

Return on Equity

−4,79 %

Current Ratio

0,71

Debt-to-Equity Ratio

2,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 223 000	3 425 000	4 622 000	2 977 000
Net Income	−172 000	22 000	1 255 000	16 000
Total Assets	14 671 000	16 387 000	11 000 000	10 060 000
Total Equity	3 589 000	3 761 000	3 739 000	2 484 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 223 000	3 425 000	4 622 000	2 977 000
Expenditure	2 925 000	3 087 000	2 760 000	2 619 000
Operating Profit	299 000	338 000	1 861 000	358 000
Financial Income	31 000	25 000	2 000	0
Financial Costs	550 000	335 000	254 000	334 000
Financial Balance	−519 000	−310 000	−252 000	−334 000
Earnings Before Tax	−220 000	29 000	1 609 000	23 000
Tax	−48 000	7 000	355 000	7 000
Net Income	−172 000	22 000	1 255 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 426 000	15 504 000	9 063 000	8 961 000
Total Current Assets	245 000	883 000	1 937 000	1 099 000
Total Assets	14 671 000	16 387 000	11 000 000	10 060 000
Total Retained Equity	1 589 000	1 761 000	1 739 000	484 000
Total Equity	3 589 000	3 761 000	3 739 000	2 484 000
Total Long-Term Debt	10 738 000	11 715 000	6 732 000	6 312 000
Total Current Debt	344 000	911 000	528 000	1 264 000
Total Equity and Debt	14 671 000	16 387 000	11 000 000	10 060 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 436 000	1 105 000	669 000	521 000
Other Income	1 787 000	2 320 000	3 953 000	2 455 000
Revenue	3 223 000	3 425 000	4 622 000	2 977 000
Cost of Goods Sold	446 000	155 000	396 000	566 000
Salary Costs	652 000	667 000	557 000	619 000
Depreciation	413 000	378 000	223 000	142 000
Impairment	0	0	0	0
Expenditure	2 925 000	3 087 000	2 760 000	2 619 000
Operating Profit	299 000	338 000	1 861 000	358 000
Financial Income	31 000	25 000	2 000	0
Financial Costs	550 000	335 000	254 000	334 000
Financial Balance	−519 000	−310 000	−252 000	−334 000
Dividends	0	0	0	0
Net Income	−172 000	22 000	1 255 000	16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 709 000	8 463 000	7 607 000	7 607 000
Machinery and Plant Facilities	31 000	39 000	2 000	21 000
Fixtures	5 687 000	7 002 000	1 423 000	1 279 000
Total Tangible Assets	14 426 000	15 504 000	9 032 000	8 907 000
Total Fiancial Fixed Assets	0	0	31 000	55 000
Total Fixed Assets	14 426 000	15 504 000	9 063 000	8 961 000
Stock	0	0	0	969 000
Total Investments	0	0	0	0
Cash, Bank	3 000	607 000	1 865 000	19 000
Total Current Assets	245 000	883 000	1 937 000	1 099 000
Total Assets	14 671 000	16 387 000	11 000 000	10 060 000
Total Equity	3 589 000	3 761 000	3 739 000	2 484 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 738 000	11 715 000	6 732 000	6 312 000
Creditors	189 000	710 000	65 000	103 000
Unpaid Taxes	40 000	100 000	113 000	195 000
Dividends	0	0	0	0
Other Current Debt	115 000	101 000	248 000	299 000
Total Current Debt	344 000	911 000	528 000	1 264 000
Total Equity and Debt	14 671 000	16 387 000	11 000 000	10 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,79 %	0,58 %	33,57 %	0,64 %
Debt-to-Equity Ratio	2,99	3,11	1,8	2,54
Operating Profit Margin	9,28 %	9,87 %	40,26 %	12,03 %
Current Ratio	0,71	0,97	3,67	0,87
Quick Ratio	0,71	0,97	3,67	3,73
Equity Ratio	0,24	0,23	0,34	0,25
Gross Profit Margin	86,16 %	95,47 %	91,43 %	80,99 %