KORALFJORD AS

6270 BRATTVÅG

Finances

Share Ownership

Return on Equity

6,44 %

Current Ratio

1,31

Debt-to-Equity Ratio

−4,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 201 000	37 532 000	31 941 000	8 767 000
Net Income	−1 987 000	11 578 000	−12 060 000	−2 765 000
Total Assets	110 335 000	112 707 000	159 076 000	56 271 000
Total Equity	−30 852 000	−28 865 000	−40 443 000	−28 383 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 201 000	37 532 000	31 941 000	8 767 000
Expenditure	57 495 000	22 155 000	38 618 000	10 142 000
Operating Profit	1 707 000	15 377 000	−6 677 000	−1 375 000
Financial Income	7 000	41 000	1 554 000	265 000
Financial Costs	4 176 000	3 937 000	6 936 000	2 429 000
Financial Balance	−4 169 000	−3 896 000	−5 382 000	−2 164 000
Earnings Before Tax	−2 462 000	11 480 000	−12 060 000	−3 539 000
Tax	−475 000	−98 000	0	−775 000
Net Income	−1 987 000	11 578 000	−12 060 000	−2 765 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	93 520 000	98 127 000	129 281 000	26 104 000
Total Current Assets	16 815 000	14 579 000	29 796 000	30 167 000
Total Assets	110 335 000	112 707 000	159 076 000	56 271 000
Total Retained Equity	−30 952 000	−28 965 000	−40 543 000	−28 483 000
Total Equity	−30 852 000	−28 865 000	−40 443 000	−28 383 000
Total Long-Term Debt	128 325 000	128 325 000	185 750 000	75 750 000
Total Current Debt	12 862 000	13 246 000	13 769 000	8 905 000
Total Equity and Debt	110 335 000	112 707 000	159 076 000	56 271 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 201 000	21 743 000	31 941 000	8 254 000
Other Income	0	15 788 000	0	513 000
Revenue	59 201 000	37 532 000	31 941 000	8 767 000
Cost of Goods Sold	17 209 000	5 726 000	10 391 000	2 223 000
Salary Costs	25 693 000	9 132 000	11 297 000	2 744 000
Depreciation	5 821 000	6 000 000	6 823 000	1 830 000
Impairment	0	0	0	0
Expenditure	57 495 000	22 155 000	38 618 000	10 142 000
Operating Profit	1 707 000	15 377 000	−6 677 000	−1 375 000
Financial Income	7 000	41 000	1 554 000	265 000
Financial Costs	4 176 000	3 937 000	6 936 000	2 429 000
Financial Balance	−4 169 000	−3 896 000	−5 382 000	−2 164 000
Dividends	0	0	0	0
Net Income	−1 987 000	11 578 000	−12 060 000	−2 765 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 098 000	80 407 000	94 345 000	24 129 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	702 000	0	936 000	1 975 000
Total Tangible Assets	17 422 000	17 721 000	34 936 000	1 975 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	93 520 000	98 127 000	129 281 000	26 104 000
Stock	7 014 000	9 307 000	6 292 000	2 386 000
Total Investments	0	0	0	0
Cash, Bank	3 017 000	2 586 000	21 600 000	24 739 000
Total Current Assets	16 815 000	14 579 000	29 796 000	30 167 000
Total Assets	110 335 000	112 707 000	159 076 000	56 271 000
Total Equity	−30 852 000	−28 865 000	−40 443 000	−28 383 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	128 325 000	128 325 000	185 750 000	75 750 000
Creditors	3 304 000	4 023 000	2 723 000	2 316 000
Unpaid Taxes	4 185 000	2 333 000	612 000	723 000
Dividends	0	0	0	0
Other Current Debt	5 373 000	6 890 000	10 434 000	5 866 000
Total Current Debt	12 862 000	13 246 000	13 769 000	8 905 000
Total Equity and Debt	110 335 000	112 707 000	159 076 000	56 271 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,44 %	−40,11 %	29,82 %	9,74 %
Debt-to-Equity Ratio	−4,16	−4,45	−4,59	−2,67
Operating Profit Margin	2,88 %	40,97 %	−20,9 %	−15,68 %
Current Ratio	1,31	1,1	2,16	3,39
Quick Ratio	2,88	3,7	3,99	4,63
Equity Ratio	−0,28	−0,26	−0,25	−0,5
Gross Profit Margin	70,93 %	84,74 %	67,47 %	74,64 %