KORNRUD HOLDING AS

3790 HELLE

Finances

Return on Equity

313,62 %

Current Ratio

0,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	11 000
Net Income	806 000	−1 000	880 000	−30 000
Total Assets	1 379 000	51 000	1 037 000	1 624 000
Total Equity	257 000	51 000	39 000	129 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	11 000
Expenditure	19 000	0	90 000	42 000
Operating Profit	−19 000	0	−90 000	−30 000
Financial Income	1 000 000	0	970 000	0
Financial Costs	0	1 000	0	0
Financial Balance	1 000 000	−1 000	970 000	0
Earnings Before Tax	981 000	−1 000	880 000	−30 000
Tax	176 000	0	0	0
Net Income	806 000	−1 000	880 000	−30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	379 000	30 000	30 000	45 000
Total Current Assets	1 000 000	21 000	1 007 000	1 579 000
Total Assets	1 379 000	51 000	1 037 000	1 624 000
Total Retained Equity	227 000	21 000	9 000	99 000
Total Equity	257 000	51 000	39 000	129 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 123 000	0	997 000	1 495 000
Total Equity and Debt	1 379 000	51 000	1 037 000	1 624 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	11 000
Revenue	0	0	0	11 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	19 000	0	90 000	42 000
Operating Profit	−19 000	0	−90 000	−30 000
Financial Income	1 000 000	0	970 000	0
Financial Costs	0	1 000	0	0
Financial Balance	1 000 000	−1 000	970 000	0
Dividends	600 000	0	970 000	0
Net Income	806 000	−1 000	880 000	−30 000

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	379 000	30 000	30 000	45 000
Total Fixed Assets	379 000	30 000	30 000	45 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	1 000 000	21 000	1 007 000	1 579 000
Total Assets	1 379 000	51 000	1 037 000	1 624 000
Total Equity	257 000	51 000	39 000	129 000
Short-Term Group Debt	0	0	0	1 495 000
Total Long-Term Debt	0	0	0	0
Creditors	10 000	0	13 000	0
Unpaid Taxes	0	0	0	0
Dividends	600 000	0	970 000	0
Other Current Debt	337 000	0	985 000	0
Total Current Debt	1 123 000	0	997 000	1 495 000
Total Equity and Debt	1 379 000	51 000	1 037 000	1 624 000

Financial indicators	2022	2021	2020	2019
Return on Equity	313,62 %	−1,96 %	2 256,41 %	−23,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	−272,73 %
Current Ratio	0,89	-	1,01	1,06
Quick Ratio	0,89	-	1,01	1,06
Equity Ratio	0,19	1	0,04	0,08
Gross Profit Margin	-	-	-	100 %