BALANSEPARTNER AS

8646 KORGEN

Finances

Share Ownership

Return on Equity

144,44 %

Current Ratio

0,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	140 000	60 000	93 000	125 000
Net Income	13 000	−44 000	−14 000	−14 000
Total Assets	111 000	82 000	125 000	22 000
Total Equity	9 000	−4 000	40 000	−66 000

Income (NOK)	2022	2021	2020	2019
Revenue	140 000	60 000	93 000	125 000
Expenditure	126 000	103 000	107 000	138 000
Operating Profit	13 000	−44 000	−14 000	−14 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	13 000	−44 000	−14 000	−14 000
Tax	0	0	0	0
Net Income	13 000	−44 000	−14 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	61 000	78 000	0
Total Current Assets	68 000	21 000	47 000	22 000
Total Assets	111 000	82 000	125 000	22 000
Total Retained Equity	−135 000	−148 000	−104 000	−90 000
Total Equity	9 000	−4 000	40 000	−66 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	102 000	86 000	85 000	88 000
Total Equity and Debt	111 000	82 000	125 000	22 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	104 000	23 000	55 000	90 000
Other Income	36 000	37 000	38 000	34 000
Revenue	140 000	60 000	93 000	125 000
Cost of Goods Sold	15 000	4 000	12 000	37 000
Salary Costs	1 000	2 000	0	0
Depreciation	17 000	17 000	9 000	0
Impairment	0	0	0	0
Expenditure	126 000	103 000	107 000	138 000
Operating Profit	13 000	−44 000	−14 000	−14 000
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	13 000	−44 000	−14 000	−14 000

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	43 000	61 000	78 000	0
Fixtures	0	0	0	0
Total Tangible Assets	43 000	61 000	78 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 000	61 000	78 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	65 000	18 000	41 000	22 000
Total Current Assets	68 000	21 000	47 000	22 000
Total Assets	111 000	82 000	125 000	22 000
Total Equity	9 000	−4 000	40 000	−66 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	0	0	0
Unpaid Taxes	17 000	2 000	2 000	5 000
Dividends	0	0	0	0
Other Current Debt	83 000	83 000	83 000	83 000
Total Current Debt	102 000	86 000	85 000	88 000
Total Equity and Debt	111 000	82 000	125 000	22 000

Financial indicators	2022	2021	2020	2019
Return on Equity	144,44 %	1 100 %	−35 %	21,21 %
Debt-to-Equity Ratio	0	−0	0	−0
Operating Profit Margin	9,29 %	−73,33 %	−15,05 %	−11,2 %
Current Ratio	0,67	0,24	0,55	0,25
Quick Ratio	0,67	0,24	0,55	0,25
Equity Ratio	0,08	−0,05	0,32	−3
Gross Profit Margin	89,29 %	93,33 %	87,1 %	70,4 %