KORUND AS

7020 TRONDHEIM

Finances

Return on Equity

1 725 %

Current Ratio

0,49

Debt-to-Equity Ratio

−93,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	63 000	0	0
Net Income	−69 000	50 000	−14 000	−1 000
Total Assets	521 000	512 000	335 000	334 000
Total Equity	−4 000	65 000	15 000	29 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	63 000	0	0
Expenditure	63 000	12 000	14 000	1 000
Operating Profit	−63 000	50 000	−14 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−63 000	50 000	−14 000	−1 000
Tax	7 000	0	0	0
Net Income	−69 000	50 000	−14 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	448 000	448 000	1 000	1 000
Total Current Assets	73 000	64 000	333 000	333 000
Total Assets	521 000	512 000	335 000	334 000
Total Retained Equity	−39 000	30 000	−21 000	−7 000
Total Equity	−4 000	65 000	15 000	29 000
Total Long-Term Debt	375 000	328 000	0	0
Total Current Debt	150 000	119 000	320 000	305 000
Total Equity and Debt	521 000	512 000	335 000	334 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	63 000	0	0
Other Income	0	0	0	0
Revenue	0	63 000	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	63 000	12 000	14 000	1 000
Operating Profit	−63 000	50 000	−14 000	−1 000
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	−69 000	50 000	−14 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	1 000	1 000	1 000
Real Eastate	117 000	117 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	117 000	117 000	0	0
Total Fiancial Fixed Assets	330 000	330 000	0	0
Total Fixed Assets	448 000	448 000	1 000	1 000
Stock	0	0	0	0
Total Investments	0	0	330 000	330 000
Cash, Bank	2 000	2 000	3 000	3 000
Total Current Assets	73 000	64 000	333 000	333 000
Total Assets	521 000	512 000	335 000	334 000
Total Equity	−4 000	65 000	15 000	29 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	375 000	328 000	0	0
Creditors	10 000	4 000	0	0
Unpaid Taxes	0	−2 000	0	0
Dividends	0	0	0	0
Other Current Debt	140 000	117 000	320 000	305 000
Total Current Debt	150 000	119 000	320 000	305 000
Total Equity and Debt	521 000	512 000	335 000	334 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 725 %	76,92 %	−93,33 %	−3,45 %
Debt-to-Equity Ratio	−93,75	5,05	0	0
Operating Profit Margin	-	79,37 %	-	-
Current Ratio	0,49	0,54	1,04	1,09
Quick Ratio	0,49	0,54	1,04	1,09
Equity Ratio	−0,01	0,13	0,04	0,09
Gross Profit Margin	-	100 %	-	-