KORSNES HOLDING AS

7250 MELANDSJØ

Finances

Return on Equity

136,06 %

Current Ratio

0,17

Debt-to-Equity Ratio

2,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 000	0	0	0
Net Income	1 015 000	−30 000	−104 000	−253 000
Total Assets	2 646 000	1 917 000	−28 000	60 000
Total Equity	746 000	−269 000	−239 000	−135 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 000	0	0	0
Expenditure	27 000	13 000	47 000	11 000
Operating Profit	12 000	−13 000	−47 000	−11 000
Financial Income	1 013 000	0	0	0
Financial Costs	10 000	16 000	72 000	242 000
Financial Balance	1 003 000	−16 000	−72 000	−242 000
Earnings Before Tax	1 015 000	−30 000	−119 000	−253 000
Tax	0	0	−15 000	0
Net Income	1 015 000	−30 000	−104 000	−253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 612 000	1 899 000	−71 000	59 000
Total Current Assets	34 000	18 000	43 000	1 000
Total Assets	2 646 000	1 917 000	−28 000	60 000
Total Retained Equity	726 000	−289 000	−259 000	−155 000
Total Equity	746 000	−269 000	−239 000	−135 000
Total Long-Term Debt	1 695 000	1 985 000	0	0
Total Current Debt	206 000	201 000	211 000	195 000
Total Equity and Debt	2 646 000	1 917 000	−28 000	60 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	38 000	0	0	0
Revenue	38 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	27 000	13 000	47 000	11 000
Operating Profit	12 000	−13 000	−47 000	−11 000
Financial Income	1 013 000	0	0	0
Financial Costs	10 000	16 000	72 000	242 000
Financial Balance	1 003 000	−16 000	−72 000	−242 000
Dividends	0	0	0	0
Net Income	1 015 000	−30 000	−104 000	−253 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	695 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	695 000	0	0	0
Total Fiancial Fixed Assets	1 917 000	1 899 000	−71 000	59 000
Total Fixed Assets	2 612 000	1 899 000	−71 000	59 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 000	3 000	28 000	1 000
Total Current Assets	34 000	18 000	43 000	1 000
Total Assets	2 646 000	1 917 000	−28 000	60 000
Total Equity	746 000	−269 000	−239 000	−135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 695 000	1 985 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	206 000	201 000	211 000	195 000
Total Current Debt	206 000	201 000	211 000	195 000
Total Equity and Debt	2 646 000	1 917 000	−28 000	60 000

Financial indicators	2022	2021	2020	2019
Return on Equity	136,06 %	11,15 %	43,51 %	187,41 %
Debt-to-Equity Ratio	2,27	−7,38	−0	−0
Operating Profit Margin	31,58 %	-	-	-
Current Ratio	0,17	0,09	0,2	0,01
Quick Ratio	0,17	0,09	0,2	0,01
Equity Ratio	0,28	−0,14	8,54	−2,25
Gross Profit Margin	100 %	-	-	-