CORRENTE HOLDING AS

9016 TROMSØ

Finances

Return on Equity

29,37 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 192 053 000	852 935 000	773 470 000	710 751 000
Net Income	12 578 000	11 084 000	2 049 000	6 556 000
Total Assets	137 835 000	100 525 000	74 843 000	88 603 000
Total Equity	42 823 000	34 793 000	29 111 000	28 484 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 192 053 000	852 935 000	773 470 000	710 751 000
Expenditure	1 171 253 000	840 332 000	755 560 000	700 804 000
Operating Profit	21 231 000	19 908 000	11 232 000	11 433 000
Financial Income	14 151 000	9 060 000	17 795 000	9 571 000
Financial Costs	19 110 000	14 099 000	25 408 000	12 499 000
Financial Balance	−4 959 000	−5 039 000	−7 613 000	−2 928 000
Earnings Before Tax	16 273 000	14 869 000	3 619 000	8 506 000
Tax	3 695 000	3 785 000	1 570 000	1 950 000
Net Income	12 578 000	11 084 000	2 049 000	6 556 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 639 000	21 119 000	18 697 000	18 750 000
Total Current Assets	102 195 000	79 407 000	56 146 000	69 853 000
Total Assets	137 835 000	100 525 000	74 843 000	88 603 000
Total Retained Equity	29 718 000	26 105 000	6 854 000	0
Total Equity	42 823 000	34 793 000	29 111 000	28 484 000
Total Long-Term Debt	17 479 000	5 243 000	5 905 000	6 491 000
Total Current Debt	77 532 000	60 489 000	39 826 000	53 628 000
Total Equity and Debt	137 835 000	100 525 000	74 843 000	88 603 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 191 915 000	852 915 000	773 322 000	710 688 000
Other Income	138 000	20 000	148 000	63 000
Revenue	1 192 053 000	852 935 000	773 470 000	710 751 000
Cost of Goods Sold	1 140 862 000	816 853 000	735 048 000	678 740 000
Salary Costs	18 242 000	16 472 000	15 038 000	13 758 000
Depreciation	1 415 000	998 000	843 000	1 385 000
Impairment	0	0	0	0
Expenditure	1 171 253 000	840 332 000	755 560 000	700 804 000
Operating Profit	21 231 000	19 908 000	11 232 000	11 433 000
Financial Income	14 151 000	9 060 000	17 795 000	9 571 000
Financial Costs	19 110 000	14 099 000	25 408 000	12 499 000
Financial Balance	−4 959 000	−5 039 000	−7 613 000	−2 928 000
Dividends	0	0	0	0
Net Income	12 578 000	11 084 000	2 049 000	6 556 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	199 000	283 000	366 000	449 000
Total Intangible Assets	669 000	468 000	856 000	1 015 000
Real Eastate	25 381 000	13 177 000	13 485 000	10 203 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 546 000	2 919 000	2 112 000	1 897 000
Total Tangible Assets	28 926 000	16 096 000	15 597 000	12 101 000
Total Fiancial Fixed Assets	6 044 000	4 555 000	2 244 000	5 634 000
Total Fixed Assets	35 639 000	21 119 000	18 697 000	18 750 000
Stock	19 041 000	6 325 000	13 630 000	6 952 000
Total Investments	7 529 000	5 793 000	2 986 000	2 321 000
Cash, Bank	16 234 000	4 466 000	4 980 000	4 086 000
Total Current Assets	102 195 000	79 407 000	56 146 000	69 853 000
Total Assets	137 835 000	100 525 000	74 843 000	88 603 000
Total Equity	42 823 000	34 793 000	29 111 000	28 484 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 479 000	5 243 000	5 905 000	6 491 000
Creditors	67 136 000	44 653 000	28 113 000	31 164 000
Unpaid Taxes	407 000	372 000	807 000	688 000
Dividends	0	0	0	0
Other Current Debt	6 019 000	8 505 000	7 991 000	8 332 000
Total Current Debt	77 532 000	60 489 000	39 826 000	53 628 000
Total Equity and Debt	137 835 000	100 525 000	74 843 000	88 603 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,37 %	31,86 %	7,04 %	23,02 %
Debt-to-Equity Ratio	0,41	0,15	0,2	0,23
Operating Profit Margin	1,78 %	2,33 %	1,45 %	1,61 %
Current Ratio	1,32	1,31	1,41	1,3
Quick Ratio	1,75	1,47	2,14	1,5
Equity Ratio	0,31	0,35	0,39	0,32
Gross Profit Margin	4,29 %	4,23 %	4,97 %	4,5 %