KORN KOLLEKTIVET AS

7350 BUVIKA

Finances

Share Ownership

Return on Equity

1 533,33 %

Current Ratio

1,53

Debt-to-Equity Ratio

−52,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 593 000	2 521 000	2 281 000	1 333 000
Net Income	−230 000	17 000	190 000	71 000
Total Assets	1 589 000	1 215 000	1 074 000	694 000
Total Equity	−15 000	214 000	198 000	8 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 593 000	2 521 000	2 281 000	1 333 000
Expenditure	2 819 000	2 505 000	2 089 000	1 257 000
Operating Profit	−227 000	17 000	192 000	77 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	3 000	6 000
Financial Balance	−3 000	0	−3 000	−6 000
Earnings Before Tax	−230 000	17 000	190 000	71 000
Tax	0	0	0	0
Net Income	−230 000	17 000	190 000	71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	329 000	89 000	0	0
Total Current Assets	1 260 000	1 126 000	1 074 000	694 000
Total Assets	1 589 000	1 215 000	1 074 000	694 000
Total Retained Equity	−115 000	114 000	98 000	−92 000
Total Equity	−15 000	214 000	198 000	8 000
Total Long-Term Debt	783 000	473 000	475 000	488 000
Total Current Debt	821 000	527 000	401 000	198 000
Total Equity and Debt	1 589 000	1 215 000	1 074 000	694 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 493 000	2 488 000	2 281 000	1 333 000
Other Income	100 000	34 000	0	0
Revenue	2 593 000	2 521 000	2 281 000	1 333 000
Cost of Goods Sold	1 453 000	1 422 000	1 308 000	790 000
Salary Costs	748 000	656 000	374 000	114 000
Depreciation	12 000	18 000	0	0
Impairment	0	0	0	0
Expenditure	2 819 000	2 505 000	2 089 000	1 257 000
Operating Profit	−227 000	17 000	192 000	77 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	3 000	6 000
Financial Balance	−3 000	0	−3 000	−6 000
Dividends	0	0	0	0
Net Income	−230 000	17 000	190 000	71 000

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	329 000	41 000	0	0
Total Tangible Assets	329 000	41 000	0	0
Total Fiancial Fixed Assets	0	48 000	0	0
Total Fixed Assets	329 000	89 000	0	0
Stock	731 000	883 000	746 000	609 000
Total Investments	0	0	0	0
Cash, Bank	457 000	171 000	194 000	60 000
Total Current Assets	1 260 000	1 126 000	1 074 000	694 000
Total Assets	1 589 000	1 215 000	1 074 000	694 000
Total Equity	−15 000	214 000	198 000	8 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	783 000	473 000	475 000	488 000
Creditors	0	50 000	73 000	0
Unpaid Taxes	111 000	322 000	236 000	82 000
Dividends	0	0	0	0
Other Current Debt	710 000	155 000	92 000	116 000
Total Current Debt	821 000	527 000	401 000	198 000
Total Equity and Debt	1 589 000	1 215 000	1 074 000	694 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 533,33 %	7,94 %	95,96 %	887,5 %
Debt-to-Equity Ratio	−52,2	2,21	2,4	61
Operating Profit Margin	−8,75 %	0,67 %	8,42 %	5,78 %
Current Ratio	1,53	2,14	2,68	3,51
Quick Ratio	14	−3,16	−3,11	−1,69
Equity Ratio	−0,01	0,18	0,18	0,01
Gross Profit Margin	43,96 %	43,59 %	42,66 %	40,74 %