KORSVIKVEIEN AS

3264 LARVIK

Finances

Share Ownership

Return on Equity

350 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	16 978 000	27 314 000	9 000
Net Income	105 000	1 455 000	3 012 000	−39 000
Total Assets	452 000	5 830 000	18 277 000	17 810 000
Total Equity	30 000	30 000	386 000	−127 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	16 978 000	27 314 000	9 000
Expenditure	83 000	15 114 000	23 452 000	59 000
Operating Profit	−83 000	1 864 000	3 863 000	−50 000
Financial Income	217 000	1 000	0	0
Financial Costs	0	0	1 000	0
Financial Balance	217 000	1 000	−1 000	0
Earnings Before Tax	134 000	1 865 000	3 862 000	−50 000
Tax	30 000	410 000	850 000	−11 000
Net Income	105 000	1 455 000	3 012 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	50 000	7 503 000
Total Current Assets	452 000	5 830 000	18 227 000	10 307 000
Total Assets	452 000	5 830 000	18 277 000	17 810 000
Total Retained Equity	−2 500 000	−2 500 000	356 000	−157 000
Total Equity	30 000	30 000	386 000	−127 000
Total Long-Term Debt	0	0	12 363 000	17 854 000
Total Current Debt	422 000	5 800 000	5 528 000	83 000
Total Equity and Debt	452 000	5 830 000	18 277 000	17 810 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	16 978 000	27 314 000	0
Other Income	0	0	0	9 000
Revenue	0	16 978 000	27 314 000	9 000
Cost of Goods Sold	23 000	15 056 000	23 023 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	83 000	15 114 000	23 452 000	59 000
Operating Profit	−83 000	1 864 000	3 863 000	−50 000
Financial Income	217 000	1 000	0	0
Financial Costs	0	0	1 000	0
Financial Balance	217 000	1 000	−1 000	0
Dividends	0	0	2 500 000	0
Net Income	105 000	1 455 000	3 012 000	−39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	44 000
Real Eastate	0	0	0	7 459 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	7 459 000
Total Fiancial Fixed Assets	0	0	50 000	0
Total Fixed Assets	0	0	50 000	7 503 000
Stock	0	0	7 428 000	10 160 000
Total Investments	0	0	0	0
Cash, Bank	5 000	74 000	245 000	146 000
Total Current Assets	452 000	5 830 000	18 227 000	10 307 000
Total Assets	452 000	5 830 000	18 277 000	17 810 000
Total Equity	30 000	30 000	386 000	−127 000
Short-Term Group Debt	134 000	5 526 000	0	0
Total Long-Term Debt	0	0	12 363 000	17 854 000
Creditors	259 000	267 000	526 000	83 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	2 500 000	0
Other Current Debt	29 000	8 000	2 502 000	0
Total Current Debt	422 000	5 800 000	5 528 000	83 000
Total Equity and Debt	452 000	5 830 000	18 277 000	17 810 000

Financial indicators	2022	2021	2020	2019
Return on Equity	350 %	4 850 %	780,31 %	30,71 %
Debt-to-Equity Ratio	0	0	32,03	−140,58
Operating Profit Margin	-	10,98 %	14,14 %	−555,56 %
Current Ratio	1,07	1,01	3,3	124,18
Quick Ratio	1,07	1,01	−9,59	−1,02
Equity Ratio	0,07	0,01	0,02	−0,01
Gross Profit Margin	-	11,32 %	15,71 %	100 %