KORNMAGASINGATA 2 AS

3084 HOLMESTRAND

Finances

Share Ownership

Return on Equity

377,42 %

Current Ratio

0,02

Debt-to-Equity Ratio

61,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	540 000	568 000	540 000	540 000
Net Income	117 000	170 000	137 000	119 000
Total Assets	3 166 000	3 544 000	3 924 000	3 913 000
Total Equity	31 000	31 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	540 000	568 000	540 000	540 000
Expenditure	263 000	241 000	241 000	253 000
Operating Profit	276 000	327 000	298 000	287 000
Financial Income	0	0	0	0
Financial Costs	103 000	87 000	104 000	118 000
Financial Balance	−103 000	−87 000	−104 000	−118 000
Earnings Before Tax	174 000	240 000	194 000	168 000
Tax	57 000	69 000	57 000	49 000
Net Income	117 000	170 000	137 000	119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 146 000	3 345 000	3 543 000	3 741 000
Total Current Assets	19 000	199 000	381 000	172 000
Total Assets	3 166 000	3 544 000	3 924 000	3 913 000
Total Retained Equity	1 000	1 000	0	0
Total Equity	31 000	31 000	30 000	30 000
Total Long-Term Debt	1 912 000	2 214 000	2 559 000	2 731 000
Total Current Debt	1 222 000	1 299 000	1 335 000	1 152 000
Total Equity and Debt	3 166 000	3 544 000	3 924 000	3 913 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	540 000	568 000	540 000	0
Other Income	0	0	0	540 000
Revenue	540 000	568 000	540 000	540 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	198 000	198 000	198 000	198 000
Impairment	0	0	0	0
Expenditure	263 000	241 000	241 000	253 000
Operating Profit	276 000	327 000	298 000	287 000
Financial Income	0	0	0	0
Financial Costs	103 000	87 000	104 000	118 000
Financial Balance	−103 000	−87 000	−104 000	−118 000
Dividends	0	0	0	0
Net Income	117 000	170 000	137 000	119 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 146 000	3 345 000	3 543 000	3 741 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 146 000	3 345 000	3 543 000	3 741 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 146 000	3 345 000	3 543 000	3 741 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	199 000	336 000	172 000
Total Current Assets	19 000	199 000	381 000	172 000
Total Assets	3 166 000	3 544 000	3 924 000	3 913 000
Total Equity	31 000	31 000	30 000	30 000
Short-Term Group Debt	1 193 000	1 273 000	1 306 000	1 131 000
Total Long-Term Debt	1 912 000	2 214 000	2 559 000	2 731 000
Creditors	0	0	5 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	4 000	5 000	5 000
Total Current Debt	1 222 000	1 299 000	1 335 000	1 152 000
Total Equity and Debt	3 166 000	3 544 000	3 924 000	3 913 000

Financial indicators	2022	2021	2020	2019
Return on Equity	377,42 %	548,39 %	456,67 %	396,67 %
Debt-to-Equity Ratio	61,68	71,42	85,3	91,03
Operating Profit Margin	51,11 %	57,57 %	55,19 %	53,15 %
Current Ratio	0,02	0,15	0,29	0,15
Quick Ratio	0,02	0,15	0,29	0,15
Equity Ratio	0,01	0,01	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %