CORNELIUSSEN AS

4051 SOLA

Finances

Share Ownership

Return on Equity

187,91 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 088 000	30 685 000	17 742 000	22 021 000
Net Income	1 445 000	164 000	−560 000	397 000
Total Assets	8 555 000	4 473 000	4 099 000	5 460 000
Total Equity	769 000	824 000	660 000	720 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 088 000	30 685 000	17 742 000	22 021 000
Expenditure	35 234 000	30 461 000	18 458 000	21 511 000
Operating Profit	1 854 000	223 000	−717 000	511 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	3 000	13 000	1 000	3 000
Financial Balance	−2 000	−13 000	0	−2 000
Earnings Before Tax	1 852 000	210 000	−717 000	509 000
Tax	408 000	46 000	−157 000	112 000
Net Income	1 445 000	164 000	−560 000	397 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	132 000	320 000	278 000	176 000
Total Current Assets	8 423 000	4 153 000	3 821 000	5 284 000
Total Assets	8 555 000	4 473 000	4 099 000	5 460 000
Total Retained Equity	69 000	124 000	−40 000	20 000
Total Equity	769 000	824 000	660 000	720 000
Total Long-Term Debt	246 000	0	100 000	0
Total Current Debt	7 541 000	3 649 000	3 339 000	4 740 000
Total Equity and Debt	8 555 000	4 473 000	4 099 000	5 460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 075 000	30 634 000	17 641 000	22 021 000
Other Income	14 000	51 000	101 000	0
Revenue	37 088 000	30 685 000	17 742 000	22 021 000
Cost of Goods Sold	28 100 000	23 180 000	10 130 000	14 105 000
Salary Costs	5 487 000	5 473 000	6 295 000	5 693 000
Depreciation	26 000	39 000	55 000	95 000
Impairment	0	0	0	0
Expenditure	35 234 000	30 461 000	18 458 000	21 511 000
Operating Profit	1 854 000	223 000	−717 000	511 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	3 000	13 000	1 000	3 000
Financial Balance	−2 000	−13 000	0	−2 000
Dividends	1 500 000	0	0	600 000
Net Income	1 445 000	164 000	−560 000	397 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	162 000	208 000	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 000	48 000	70 000	125 000
Total Tangible Assets	22 000	48 000	70 000	125 000
Total Fiancial Fixed Assets	110 000	110 000	0	0
Total Fixed Assets	132 000	320 000	278 000	176 000
Stock	45 000	45 000	45 000	245 000
Total Investments	0	0	0	0
Cash, Bank	4 505 000	712 000	1 834 000	3 102 000
Total Current Assets	8 423 000	4 153 000	3 821 000	5 284 000
Total Assets	8 555 000	4 473 000	4 099 000	5 460 000
Total Equity	769 000	824 000	660 000	720 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	246 000	0	100 000	0
Creditors	2 467 000	2 041 000	932 000	2 419 000
Unpaid Taxes	1 212 000	650 000	1 194 000	677 000
Dividends	1 500 000	0	0	600 000
Other Current Debt	2 363 000	959 000	1 214 000	1 044 000
Total Current Debt	7 541 000	3 649 000	3 339 000	4 740 000
Total Equity and Debt	8 555 000	4 473 000	4 099 000	5 460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	187,91 %	19,9 %	−84,85 %	55,14 %
Debt-to-Equity Ratio	0,32	0	0,15	0
Operating Profit Margin	5 %	0,73 %	−4,04 %	2,32 %
Current Ratio	1,12	1,14	1,14	1,11
Quick Ratio	1,12	1,15	1,16	1,18
Equity Ratio	0,09	0,18	0,16	0,13
Gross Profit Margin	24,23 %	24,46 %	42,9 %	35,95 %