KORGEN AUTOSENTER AS

8646 KORGEN

Finances

Share Ownership

Return on Equity

−315,38 %

Current Ratio

0,99

Debt-to-Equity Ratio

3,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 460 000	15 515 000	15 410 000	15 926 000
Net Income	−205 000	−220 000	232 000	−25 000
Total Assets	1 665 000	2 025 000	2 334 000	2 679 000
Total Equity	65 000	270 000	490 000	359 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 460 000	15 515 000	15 410 000	15 926 000
Expenditure	14 639 000	15 691 000	15 018 000	15 853 000
Operating Profit	−179 000	−176 000	393 000	72 000
Financial Income	1 000	3 000	1 000	0
Financial Costs	27 000	47 000	49 000	72 000
Financial Balance	−26 000	−44 000	−48 000	−72 000
Earnings Before Tax	−205 000	−220 000	344 000	1 000
Tax	0	0	112 000	26 000
Net Income	−205 000	−220 000	232 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	289 000	440 000	802 000	1 298 000
Total Current Assets	1 376 000	1 585 000	1 532 000	1 381 000
Total Assets	1 665 000	2 025 000	2 334 000	2 679 000
Total Retained Equity	−335 000	−130 000	90 000	−142 000
Total Equity	65 000	270 000	490 000	359 000
Total Long-Term Debt	213 000	426 000	469 000	768 000
Total Current Debt	1 387 000	1 329 000	1 375 000	1 552 000
Total Equity and Debt	1 665 000	2 025 000	2 334 000	2 679 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 606 000	14 513 000	14 426 000	14 965 000
Other Income	854 000	1 002 000	983 000	961 000
Revenue	14 460 000	15 515 000	15 410 000	15 926 000
Cost of Goods Sold	6 722 000	7 507 000	7 595 000	7 829 000
Salary Costs	4 346 000	4 358 000	3 824 000	4 097 000
Depreciation	346 000	516 000	531 000	547 000
Impairment	0	0	0	0
Expenditure	14 639 000	15 691 000	15 018 000	15 853 000
Operating Profit	−179 000	−176 000	393 000	72 000
Financial Income	1 000	3 000	1 000	0
Financial Costs	27 000	47 000	49 000	72 000
Financial Balance	−26 000	−44 000	−48 000	−72 000
Dividends	0	0	0	0
Net Income	−205 000	−220 000	232 000	−25 000

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	289 000	440 000	802 000	1 298 000
Total Tangible Assets	289 000	440 000	802 000	1 298 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	289 000	440 000	802 000	1 298 000
Stock	711 000	766 000	701 000	753 000
Total Investments	0	0	0	0
Cash, Bank	460 000	687 000	667 000	407 000
Total Current Assets	1 376 000	1 585 000	1 532 000	1 381 000
Total Assets	1 665 000	2 025 000	2 334 000	2 679 000
Total Equity	65 000	270 000	490 000	359 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	213 000	426 000	469 000	768 000
Creditors	651 000	608 000	629 000	706 000
Unpaid Taxes	369 000	301 000	273 000	366 000
Dividends	0	0	0	0
Other Current Debt	367 000	420 000	362 000	453 000
Total Current Debt	1 387 000	1 329 000	1 375 000	1 552 000
Total Equity and Debt	1 665 000	2 025 000	2 334 000	2 679 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−315,38 %	−81,48 %	47,35 %	−6,96 %
Debt-to-Equity Ratio	3,28	1,58	0,96	2,14
Operating Profit Margin	−1,24 %	−1,13 %	2,55 %	0,45 %
Current Ratio	0,99	1,19	1,11	0,89
Quick Ratio	2,04	2,82	2,27	1,73
Equity Ratio	0,04	0,13	0,21	0,13
Gross Profit Margin	53,51 %	51,61 %	50,71 %	50,84 %