CORRON AS

6415 MOLDE

Finances

Return on Equity

122,61 %

Current Ratio

3,8

Debt-to-Equity Ratio

4,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 031 000	1 142 000	719 000	399 000
Net Income	141 000	−48 000	−151 000	−113 000
Total Assets	595 000	665 000	382 000	309 000
Total Equity	115 000	−26 000	23 000	−326 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 031 000	1 142 000	719 000	399 000
Expenditure	849 000	1 204 000	983 000	544 000
Operating Profit	182 000	−62 000	−194 000	−145 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	181 000	−62 000	−194 000	−145 000
Tax	40 000	−14 000	−43 000	−32 000
Net Income	141 000	−48 000	−151 000	−113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	557 000	635 000	263 000	100 000
Total Current Assets	38 000	30 000	119 000	209 000
Total Assets	595 000	665 000	382 000	309 000
Total Retained Equity	−409 000	−550 000	−502 000	−350 000
Total Equity	115 000	−26 000	23 000	−326 000
Total Long-Term Debt	469 000	380 000	200 000	500 000
Total Current Debt	10 000	311 000	160 000	135 000
Total Equity and Debt	595 000	665 000	382 000	309 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 031 000	697 000	514 000	225 000
Other Income	0	445 000	205 000	175 000
Revenue	1 031 000	1 142 000	719 000	399 000
Cost of Goods Sold	121 000	57 000	32 000	50 000
Salary Costs	433 000	876 000	713 000	244 000
Depreciation	89 000	14 000	0	0
Impairment	0	0	0	0
Expenditure	849 000	1 204 000	983 000	544 000
Operating Profit	182 000	−62 000	−194 000	−145 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	141 000	−48 000	−151 000	−113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	457 000	585 000	213 000	100 000
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	100 000	50 000	50 000	0
Total Fixed Assets	557 000	635 000	263 000	100 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	14 000	89 000	72 000
Total Current Assets	38 000	30 000	119 000	209 000
Total Assets	595 000	665 000	382 000	309 000
Total Equity	115 000	−26 000	23 000	−326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	469 000	380 000	200 000	500 000
Creditors	9 000	92 000	4 000	20 000
Unpaid Taxes	1 000	75 000	47 000	91 000
Dividends	0	0	0	0
Other Current Debt	0	144 000	108 000	23 000
Total Current Debt	10 000	311 000	160 000	135 000
Total Equity and Debt	595 000	665 000	382 000	309 000

Financial indicators	2022	2021	2020	2019
Return on Equity	122,61 %	184,62 %	−656,52 %	34,66 %
Debt-to-Equity Ratio	4,08	−14,62	8,7	−1,53
Operating Profit Margin	17,65 %	−5,43 %	−26,98 %	−36,34 %
Current Ratio	3,8	0,1	0,74	1,55
Quick Ratio	3,8	0,1	0,74	1,55
Equity Ratio	0,19	−0,04	0,06	−1,06
Gross Profit Margin	88,26 %	95,01 %	95,55 %	87,47 %