KORDE AS

0350 OSLO

Finances

Return on Equity

1,75 %

Current Ratio

2,06

Debt-to-Equity Ratio

−1,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−7 000	−15 000	−19 000	−45 000
Total Assets	42 000	42 000	42 000	51 000
Total Equity	−399 000	−393 000	−378 000	−359 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	7 000	15 000	19 000	39 000
Operating Profit	−7 000	−15 000	−19 000	−39 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	6 000
Financial Balance	0	0	0	−6 000
Earnings Before Tax	−7 000	−15 000	−19 000	−45 000
Tax	0	0	0	0
Net Income	−7 000	−15 000	−19 000	−45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	9 000	9 000	9 000
Total Current Assets	33 000	33 000	33 000	42 000
Total Assets	42 000	42 000	42 000	51 000
Total Retained Equity	−424 000	−417 000	−402 000	−384 000
Total Equity	−399 000	−393 000	−378 000	−359 000
Total Long-Term Debt	425 000	418 000	407 000	407 000
Total Current Debt	16 000	16 000	13 000	4 000
Total Equity and Debt	42 000	42 000	42 000	51 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 000	15 000	19 000	39 000
Operating Profit	−7 000	−15 000	−19 000	−39 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	6 000
Financial Balance	0	0	0	−6 000
Dividends	0	0	0	0
Net Income	−7 000	−15 000	−19 000	−45 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	9 000	9 000	9 000	9 000
Total Fixed Assets	9 000	9 000	9 000	9 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	0	0	14 000
Total Current Assets	33 000	33 000	33 000	42 000
Total Assets	42 000	42 000	42 000	51 000
Total Equity	−399 000	−393 000	−378 000	−359 000
Short-Term Group Debt	12 000	12 000	9 000	0
Total Long-Term Debt	425 000	418 000	407 000	407 000
Creditors	4 000	4 000	4 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	16 000	16 000	13 000	4 000
Total Equity and Debt	42 000	42 000	42 000	51 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,75 %	3,82 %	5,03 %	12,53 %
Debt-to-Equity Ratio	−1,07	−1,06	−1,08	−1,13
Operating Profit Margin	-	-	-	-
Current Ratio	2,06	2,06	2,54	10,5
Quick Ratio	2,06	2,06	2,54	10,5
Equity Ratio	−9,5	−9,36	−9	−7,04
Gross Profit Margin	-	-	-	-