CORVUS AS

1592 VÅLER I ØSTFOLD

Finances

Share Ownership

Return on Equity

25,1 %

Current Ratio

1,92

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 297 000	8 982 000	6 990 000	5 708 000
Net Income	264 000	152 000	103 000	200 000
Total Assets	2 221 000	2 474 000	1 765 000	1 500 000
Total Equity	1 052 000	788 000	636 000	533 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 297 000	8 982 000	6 990 000	5 708 000
Expenditure	7 953 000	8 778 000	6 849 000	5 438 000
Operating Profit	345 000	203 000	141 000	270 000
Financial Income	0	0	0	0
Financial Costs	5 000	8 000	9 000	14 000
Financial Balance	−5 000	−8 000	−9 000	−14 000
Earnings Before Tax	340 000	195 000	132 000	256 000
Tax	75 000	43 000	29 000	56 000
Net Income	264 000	152 000	103 000	200 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	31 000	57 000	71 000
Total Current Assets	2 204 000	2 443 000	1 708 000	1 429 000
Total Assets	2 221 000	2 474 000	1 765 000	1 500 000
Total Retained Equity	1 022 000	758 000	606 000	503 000
Total Equity	1 052 000	788 000	636 000	533 000
Total Long-Term Debt	23 000	88 000	150 000	213 000
Total Current Debt	1 147 000	1 598 000	978 000	754 000
Total Equity and Debt	2 221 000	2 474 000	1 765 000	1 500 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 289 000	8 975 000	6 974 000	5 708 000
Other Income	8 000	7 000	16 000	0
Revenue	8 297 000	8 982 000	6 990 000	5 708 000
Cost of Goods Sold	5 908 000	6 656 000	5 292 000	4 155 000
Salary Costs	1 415 000	1 634 000	1 017 000	762 000
Depreciation	15 000	30 000	34 000	29 000
Impairment	0	0	0	0
Expenditure	7 953 000	8 778 000	6 849 000	5 438 000
Operating Profit	345 000	203 000	141 000	270 000
Financial Income	0	0	0	0
Financial Costs	5 000	8 000	9 000	14 000
Financial Balance	−5 000	−8 000	−9 000	−14 000
Dividends	0	0	0	0
Net Income	264 000	152 000	103 000	200 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	5 000	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	23 000	54 000	71 000
Total Tangible Assets	9 000	23 000	54 000	71 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	0
Total Fixed Assets	17 000	31 000	57 000	71 000
Stock	711 000	690 000	568 000	586 000
Total Investments	23 000	0	0	0
Cash, Bank	1 053 000	1 304 000	899 000	670 000
Total Current Assets	2 204 000	2 443 000	1 708 000	1 429 000
Total Assets	2 221 000	2 474 000	1 765 000	1 500 000
Total Equity	1 052 000	788 000	636 000	533 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 000	88 000	150 000	213 000
Creditors	767 000	1 003 000	701 000	516 000
Unpaid Taxes	153 000	280 000	134 000	104 000
Dividends	0	0	0	0
Other Current Debt	151 000	268 000	112 000	77 000
Total Current Debt	1 147 000	1 598 000	978 000	754 000
Total Equity and Debt	2 221 000	2 474 000	1 765 000	1 500 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,1 %	19,29 %	16,19 %	37,52 %
Debt-to-Equity Ratio	0,02	0,11	0,24	0,4
Operating Profit Margin	4,16 %	2,26 %	2,02 %	4,73 %
Current Ratio	1,92	1,53	1,75	1,9
Quick Ratio	5,06	2,69	4,17	8,51
Equity Ratio	0,47	0,32	0,36	0,36
Gross Profit Margin	28,79 %	25,9 %	24,29 %	27,21 %