KORN BAKERI AS

0653 OSLO

Finances

Share Ownership

Return on Equity

−809,6 %

Current Ratio

0,33

Debt-to-Equity Ratio

25,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 766 000	30 022 000	22 451 000	14 290 000
Net Income	−5 311 000	3 526 000	2 362 000	−57 000
Total Assets	38 878 000	13 996 000	11 745 000	12 167 000
Total Equity	656 000	3 968 000	2 673 000	311 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 766 000	30 022 000	22 451 000	14 290 000
Expenditure	37 086 000	25 143 000	18 911 000	13 840 000
Operating Profit	−5 319 000	4 879 000	3 540 000	451 000
Financial Income	11 000	0	0	0
Financial Costs	1 502 000	359 000	512 000	524 000
Financial Balance	−1 491 000	−359 000	−512 000	−524 000
Earnings Before Tax	−6 809 000	4 520 000	3 028 000	−73 000
Tax	−1 498 000	994 000	666 000	−16 000
Net Income	−5 311 000	3 526 000	2 362 000	−57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 816 000	7 508 000	8 436 000	9 860 000
Total Current Assets	7 062 000	6 488 000	3 309 000	2 307 000
Total Assets	38 878 000	13 996 000	11 745 000	12 167 000
Total Retained Equity	−2 258 000	1 053 000	−241 000	−2 603 000
Total Equity	656 000	3 968 000	2 673 000	311 000
Total Long-Term Debt	17 009 000	853 000	3 109 000	5 303 000
Total Current Debt	21 213 000	9 176 000	5 963 000	6 552 000
Total Equity and Debt	38 878 000	13 996 000	11 745 000	12 167 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 181 000	29 352 000	21 865 000	13 510 000
Other Income	585 000	669 000	586 000	780 000
Revenue	31 766 000	30 022 000	22 451 000	14 290 000
Cost of Goods Sold	12 677 000	9 331 000	6 491 000	3 611 000
Salary Costs	13 970 000	10 411 000	7 368 000	5 189 000
Depreciation	4 020 000	1 452 000	1 364 000	1 290 000
Impairment	0	0	0	0
Expenditure	37 086 000	25 143 000	18 911 000	13 840 000
Operating Profit	−5 319 000	4 879 000	3 540 000	451 000
Financial Income	11 000	0	0	0
Financial Costs	1 502 000	359 000	512 000	524 000
Financial Balance	−1 491 000	−359 000	−512 000	−524 000
Dividends	0	0	0	0
Net Income	−5 311 000	3 526 000	2 362 000	−57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 202 000	0	69 000	736 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	29 212 000	6 625 000	7 817 000	8 767 000
Fixtures	1 402 000	883 000	550 000	357 000
Total Tangible Assets	30 614 000	7 508 000	8 367 000	9 124 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 816 000	7 508 000	8 436 000	9 860 000
Stock	486 000	448 000	271 000	168 000
Total Investments	0	0	0	0
Cash, Bank	2 504 000	4 588 000	2 034 000	1 534 000
Total Current Assets	7 062 000	6 488 000	3 309 000	2 307 000
Total Assets	38 878 000	13 996 000	11 745 000	12 167 000
Total Equity	656 000	3 968 000	2 673 000	311 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 009 000	853 000	3 109 000	5 303 000
Creditors	2 670 000	1 456 000	1 730 000	1 566 000
Unpaid Taxes	1 000 000	910 000	686 000	353 000
Dividends	0	0	0	0
Other Current Debt	17 543 000	6 810 000	3 546 000	4 634 000
Total Current Debt	21 213 000	9 176 000	5 963 000	6 552 000
Total Equity and Debt	38 878 000	13 996 000	11 745 000	12 167 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−809,6 %	88,86 %	88,37 %	−18,33 %
Debt-to-Equity Ratio	25,93	0,21	1,16	17,05
Operating Profit Margin	−16,74 %	16,25 %	15,77 %	3,16 %
Current Ratio	0,33	0,71	0,55	0,35
Quick Ratio	0,34	0,74	0,58	0,36
Equity Ratio	0,02	0,28	0,23	0,03
Gross Profit Margin	60,09 %	68,92 %	71,09 %	74,73 %