KORSGAARD HOLDING AS

1344 HASLUM

Finances

Share Ownership

Return on Equity

−43 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	40 000	45 000
Net Income	−43 000	320 000	1 129 000	−361 000
Total Assets	1 026 000	1 573 000	1 387 000	1 483 000
Total Equity	100 000	1 040 000	1 373 000	951 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	40 000	45 000
Expenditure	28 000	43 000	114 000	139 000
Operating Profit	−28 000	−43 000	−74 000	−94 000
Financial Income	236 000	552 000	1 203 000	0
Financial Costs	225 000	189 000	0	266 000
Financial Balance	11 000	363 000	1 203 000	−266 000
Earnings Before Tax	−18 000	320 000	1 129 000	−361 000
Tax	25 000	0	0	0
Net Income	−43 000	320 000	1 129 000	−361 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	99 000	99 000	99 000	1 332 000
Total Current Assets	927 000	1 474 000	1 287 000	152 000
Total Assets	1 026 000	1 573 000	1 387 000	1 483 000
Total Retained Equity	0	940 000	1 273 000	851 000
Total Equity	100 000	1 040 000	1 373 000	951 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	926 000	533 000	14 000	532 000
Total Equity and Debt	1 026 000	1 573 000	1 387 000	1 483 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	40 000	45 000
Other Income	0	0	0	0
Revenue	0	0	40 000	45 000
Cost of Goods Sold	0	0	0	37 000
Salary Costs	0	0	0	0
Depreciation	0	0	10 000	20 000
Impairment	0	0	0	0
Expenditure	28 000	43 000	114 000	139 000
Operating Profit	−28 000	−43 000	−74 000	−94 000
Financial Income	236 000	552 000	1 203 000	0
Financial Costs	225 000	189 000	0	266 000
Financial Balance	11 000	363 000	1 203 000	−266 000
Dividends	897 000	652 000	708 000	0
Net Income	−43 000	320 000	1 129 000	−361 000

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	99 000	99 000	99 000	109 000
Total Tangible Assets	99 000	99 000	99 000	109 000
Total Fiancial Fixed Assets	0	0	0	1 222 000
Total Fixed Assets	99 000	99 000	99 000	1 332 000
Stock	0	0	0	0
Total Investments	0	847 000	997 000	0
Cash, Bank	4 000	98 000	291 000	0
Total Current Assets	927 000	1 474 000	1 287 000	152 000
Total Assets	1 026 000	1 573 000	1 387 000	1 483 000
Total Equity	100 000	1 040 000	1 373 000	951 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	3 000	0	6 000
Unpaid Taxes	0	0	0	0
Dividends	897 000	652 000	708 000	0
Other Current Debt	0	0	0	526 000
Total Current Debt	926 000	533 000	14 000	532 000
Total Equity and Debt	1 026 000	1 573 000	1 387 000	1 483 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43 %	30,77 %	82,23 %	−37,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	−185 %	−208,89 %
Current Ratio	1	2,77	91,93	0,29
Quick Ratio	1	2,77	91,93	0,29
Equity Ratio	0,1	0,66	0,99	0,64
Gross Profit Margin	-	-	100 %	17,78 %