CORT ADELERSGATE 6 AS

3717 SKIEN

Finances

Share Ownership

Return on Equity

14,01 %

Current Ratio

1,79

Debt-to-Equity Ratio

8,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	432 000	449 000	404 000	421 000
Net Income	44 000	76 000	58 000	−1 000
Total Assets	3 142 000	3 116 000	3 206 000	3 228 000
Total Equity	314 000	270 000	194 000	136 000

Income (NOK)	2022	2021	2020	2019
Revenue	432 000	449 000	404 000	421 000
Expenditure	259 000	257 000	216 000	304 000
Operating Profit	172 000	191 000	188 000	117 000
Financial Income	0	0	0	0
Financial Costs	116 000	94 000	114 000	118 000
Financial Balance	−116 000	−94 000	−114 000	−118 000
Earnings Before Tax	56 000	97 000	74 000	−2 000
Tax	12 000	21 000	16 000	0
Net Income	44 000	76 000	58 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 020 000	3 079 000	3 139 000	3 198 000
Total Current Assets	122 000	36 000	68 000	30 000
Total Assets	3 142 000	3 116 000	3 206 000	3 228 000
Total Retained Equity	284 000	240 000	164 000	106 000
Total Equity	314 000	270 000	194 000	136 000
Total Long-Term Debt	2 760 000	2 810 000	2 913 000	3 025 000
Total Current Debt	68 000	35 000	100 000	66 000
Total Equity and Debt	3 142 000	3 116 000	3 206 000	3 228 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	432 000	449 000	404 000	421 000
Revenue	432 000	449 000	404 000	421 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 000	0	0	0
Depreciation	59 000	59 000	59 000	59 000
Impairment	0	0	0	0
Expenditure	259 000	257 000	216 000	304 000
Operating Profit	172 000	191 000	188 000	117 000
Financial Income	0	0	0	0
Financial Costs	116 000	94 000	114 000	118 000
Financial Balance	−116 000	−94 000	−114 000	−118 000
Dividends	0	0	0	0
Net Income	44 000	76 000	58 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 020 000	3 079 000	3 139 000	3 198 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 020 000	3 079 000	3 139 000	3 198 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 020 000	3 079 000	3 139 000	3 198 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	122 000	36 000	49 000	10 000
Total Current Assets	122 000	36 000	68 000	30 000
Total Assets	3 142 000	3 116 000	3 206 000	3 228 000
Total Equity	314 000	270 000	194 000	136 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 760 000	2 810 000	2 913 000	3 025 000
Creditors	1 000	0	34 000	12 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	62 000	35 000	66 000	55 000
Total Current Debt	68 000	35 000	100 000	66 000
Total Equity and Debt	3 142 000	3 116 000	3 206 000	3 228 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,01 %	28,15 %	29,9 %	−0,74 %
Debt-to-Equity Ratio	8,79	10,41	15,02	22,24
Operating Profit Margin	39,81 %	42,54 %	46,53 %	27,79 %
Current Ratio	1,79	1,03	0,68	0,45
Quick Ratio	1,79	1,03	0,68	0,45
Equity Ratio	0,1	0,09	0,06	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %