KURSON AS

1470 LØRENSKOG

Finances

Share Ownership

Return on Equity

83,25 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	314 000	83 000	60 000	96 000
Net Income	164 000	15 000	−13 000	−10 000
Total Assets	270 000	67 000	27 000	41 000
Total Equity	197 000	33 000	18 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	314 000	83 000	60 000	96 000
Expenditure	107 000	68 000	74 000	106 000
Operating Profit	207 000	16 000	−13 000	−10 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	207 000	16 000	−13 000	−10 000
Tax	43 000	1 000	0	0
Net Income	164 000	15 000	−13 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	157 000	0	0	0
Total Current Assets	113 000	67 000	27 000	41 000
Total Assets	270 000	67 000	27 000	41 000
Total Retained Equity	167 000	3 000	−12 000	−10 000
Total Equity	197 000	33 000	18 000	31 000
Total Long-Term Debt	8 000	0	0	0
Total Current Debt	65 000	35 000	9 000	10 000
Total Equity and Debt	270 000	67 000	27 000	41 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	314 000	83 000	60 000	96 000
Other Income	0	0	0	0
Revenue	314 000	83 000	60 000	96 000
Cost of Goods Sold	4 000	1 000	2 000	10 000
Salary Costs	7 000	48 000	38 000	88 000
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	107 000	68 000	74 000	106 000
Operating Profit	207 000	16 000	−13 000	−10 000
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	164 000	15 000	−13 000	−10 000

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	157 000	0	0	0
Total Tangible Assets	157 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	157 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	113 000	63 000	27 000	41 000
Total Current Assets	113 000	67 000	27 000	41 000
Total Assets	270 000	67 000	27 000	41 000
Total Equity	197 000	33 000	18 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	28 000	28 000	7 000	1 000
Dividends	0	0	0	0
Other Current Debt	0	3 000	1 000	9 000
Total Current Debt	65 000	35 000	9 000	10 000
Total Equity and Debt	270 000	67 000	27 000	41 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,25 %	45,45 %	−72,22 %	−32,26 %
Debt-to-Equity Ratio	0,04	0	0	0
Operating Profit Margin	65,92 %	19,28 %	−21,67 %	−10,42 %
Current Ratio	1,74	1,91	3	4,1
Quick Ratio	1,74	1,91	3	4,1
Equity Ratio	0,73	0,49	0,67	0,76
Gross Profit Margin	98,73 %	98,8 %	96,67 %	89,58 %