KORETO AS

4360 VARHAUG

Finances

Return on Equity

3,48 %

Current Ratio

0,56

Debt-to-Equity Ratio

1,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	445 000	433 000	0	0
Net Income	72 000	592 000	366 000	15 000
Total Assets	5 551 000	6 400 000	4 908 000	5 068 000
Total Equity	2 066 000	2 057 000	1 116 000	1 050 000

Income (NOK)	2022	2021	2020	2019
Revenue	445 000	433 000	0	0
Expenditure	205 000	222 000	14 000	12 000
Operating Profit	240 000	211 000	−14 000	−12 000
Financial Income	5 000	672 000	521 000	190 000
Financial Costs	153 000	124 000	142 000	163 000
Financial Balance	−148 000	548 000	379 000	27 000
Earnings Before Tax	93 000	759 000	366 000	15 000
Tax	20 000	167 000	0	0
Net Income	72 000	592 000	366 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 376 000	6 143 000	4 850 000	4 850 000
Total Current Assets	175 000	257 000	58 000	219 000
Total Assets	5 551 000	6 400 000	4 908 000	5 068 000
Total Retained Equity	1 016 000	1 007 000	66 000	0
Total Equity	2 066 000	2 057 000	1 116 000	1 050 000
Total Long-Term Debt	3 172 000	3 327 000	3 483 000	4 006 000
Total Current Debt	313 000	1 015 000	310 000	12 000
Total Equity and Debt	5 551 000	6 400 000	4 908 000	5 068 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 000	1 000	0	0
Other Income	442 000	432 000	0	0
Revenue	445 000	433 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	123 000	123 000	0	0
Impairment	0	0	0	0
Expenditure	205 000	222 000	14 000	12 000
Operating Profit	240 000	211 000	−14 000	−12 000
Financial Income	5 000	672 000	521 000	190 000
Financial Costs	153 000	124 000	142 000	163 000
Financial Balance	−148 000	548 000	379 000	27 000
Dividends	210 000	450 000	300 000	0
Net Income	72 000	592 000	366 000	15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	117 000	93 000	0	0
Real Eastate	4 771 000	4 894 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 771 000	4 894 000	0	0
Total Fiancial Fixed Assets	489 000	1 157 000	4 850 000	4 850 000
Total Fixed Assets	5 376 000	6 143 000	4 850 000	4 850 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	156 000	181 000	58 000	29 000
Total Current Assets	175 000	257 000	58 000	219 000
Total Assets	5 551 000	6 400 000	4 908 000	5 068 000
Total Equity	2 066 000	2 057 000	1 116 000	1 050 000
Short-Term Group Debt	0	318 000	0	0
Total Long-Term Debt	3 172 000	3 327 000	3 483 000	4 006 000
Creditors	33 000	13 000	0	0
Unpaid Taxes	5 000	24 000	0	0
Dividends	210 000	450 000	300 000	0
Other Current Debt	19 000	20 000	10 000	12 000
Total Current Debt	313 000	1 015 000	310 000	12 000
Total Equity and Debt	5 551 000	6 400 000	4 908 000	5 068 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,48 %	28,78 %	32,8 %	1,43 %
Debt-to-Equity Ratio	1,54	1,62	3,12	3,82
Operating Profit Margin	53,93 %	48,73 %	-	-
Current Ratio	0,56	0,25	0,19	18,25
Quick Ratio	0,56	0,25	0,19	18,25
Equity Ratio	0,37	0,32	0,23	0,21
Gross Profit Margin	100 %	100 %	-	-