KORK EIENDOM AS

2640 VINSTRA

Finances

Share Ownership

Return on Equity

14,71 %

Current Ratio

0,18

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	438 000	426 000	387 000	377 000
Net Income	205 000	219 000	187 000	189 000
Total Assets	2 417 000	2 551 000	2 672 000	2 798 000
Total Equity	1 394 000	1 189 000	970 000	783 000

Income (NOK)	2022	2021	2020	2019
Revenue	438 000	426 000	387 000	377 000
Expenditure	165 000	142 000	147 000	135 000
Operating Profit	273 000	284 000	240 000	242 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	272 000	284 000	240 000	242 000
Tax	67 000	65 000	53 000	53 000
Net Income	205 000	219 000	187 000	189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 360 000	2 475 000	2 590 000	2 558 000
Total Current Assets	57 000	76 000	81 000	241 000
Total Assets	2 417 000	2 551 000	2 672 000	2 798 000
Total Retained Equity	1 373 000	1 167 000	948 000	761 000
Total Equity	1 394 000	1 189 000	970 000	783 000
Total Long-Term Debt	698 000	1 042 000	1 391 000	1 707 000
Total Current Debt	325 000	320 000	311 000	308 000
Total Equity and Debt	2 417 000	2 551 000	2 672 000	2 798 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	438 000	426 000	387 000	377 000
Revenue	438 000	426 000	387 000	377 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	115 000	115 000	115 000	112 000
Impairment	0	0	0	0
Expenditure	165 000	142 000	147 000	135 000
Operating Profit	273 000	284 000	240 000	242 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	205 000	219 000	187 000	189 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 360 000	2 475 000	2 590 000	2 557 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 360 000	2 475 000	2 590 000	2 557 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 360 000	2 475 000	2 590 000	2 558 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	49 000	44 000	81 000	241 000
Total Current Assets	57 000	76 000	81 000	241 000
Total Assets	2 417 000	2 551 000	2 672 000	2 798 000
Total Equity	1 394 000	1 189 000	970 000	783 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	698 000	1 042 000	1 391 000	1 707 000
Creditors	2 000	0	2 000	1 000
Unpaid Taxes	15 000	16 000	16 000	15 000
Dividends	0	0	0	0
Other Current Debt	241 000	235 000	235 000	235 000
Total Current Debt	325 000	320 000	311 000	308 000
Total Equity and Debt	2 417 000	2 551 000	2 672 000	2 798 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,71 %	18,42 %	19,28 %	24,14 %
Debt-to-Equity Ratio	0,5	0,88	1,43	2,18
Operating Profit Margin	62,33 %	66,67 %	62,02 %	64,19 %
Current Ratio	0,18	0,24	0,26	0,78
Quick Ratio	0,18	0,24	0,26	0,78
Equity Ratio	0,58	0,47	0,36	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %