THE CORING COMPANY AS

8624 MO I RANA

Finances

Share Ownership

Return on Equity

−421,29 %

Current Ratio

0,15

Debt-to-Equity Ratio

1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	79 000	245 000	0
Net Income	−16 207 000	−6 536 000	−117 000	−7 000
Total Assets	19 226 000	13 308 000	1 153 000	18 000
Total Equity	3 847 000	5 316 000	−99 000	18 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	79 000	245 000	0
Expenditure	15 741 000	6 431 000	341 000	7 000
Operating Profit	−15 692 000	−6 352 000	−96 000	−7 000
Financial Income	5 000	6 000	0	0
Financial Costs	520 000	190 000	20 000	0
Financial Balance	−515 000	−184 000	−20 000	0
Earnings Before Tax	−16 207 000	−6 536 000	−117 000	−7 000
Tax	0	0	0	0
Net Income	−16 207 000	−6 536 000	−117 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 757 000	11 008 000	699 000	0
Total Current Assets	1 469 000	2 300 000	454 000	18 000
Total Assets	19 226 000	13 308 000	1 153 000	18 000
Total Retained Equity	−16 207 000	0	−123 000	−7 000
Total Equity	3 847 000	5 316 000	−99 000	18 000
Total Long-Term Debt	5 500 000	5 500 000	0	0
Total Current Debt	9 880 000	2 493 000	1 252 000	0
Total Equity and Debt	19 226 000	13 308 000	1 153 000	18 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	0	0	0
Other Income	0	79 000	245 000	0
Revenue	50 000	79 000	245 000	0
Cost of Goods Sold	1 000	0	0	0
Salary Costs	9 908 000	2 910 000	152 000	0
Depreciation	821 000	137 000	0	0
Impairment	0	0	0	0
Expenditure	15 741 000	6 431 000	341 000	7 000
Operating Profit	−15 692 000	−6 352 000	−96 000	−7 000
Financial Income	5 000	6 000	0	0
Financial Costs	520 000	190 000	20 000	0
Financial Balance	−515 000	−184 000	−20 000	0
Dividends	0	0	0	0
Net Income	−16 207 000	−6 536 000	−117 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 022 000	8 800 000	699 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	746 000	858 000	0	0
Total Tangible Assets	746 000	858 000	0	0
Total Fiancial Fixed Assets	989 000	1 350 000	0	0
Total Fixed Assets	17 757 000	11 008 000	699 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	536 000	1 788 000	0	6 000
Total Current Assets	1 469 000	2 300 000	454 000	18 000
Total Assets	19 226 000	13 308 000	1 153 000	18 000
Total Equity	3 847 000	5 316 000	−99 000	18 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 500 000	5 500 000	0	0
Creditors	1 966 000	1 535 000	1 018 000	0
Unpaid Taxes	640 000	506 000	4 000	0
Dividends	0	0	0	0
Other Current Debt	2 767 000	865 000	30 000	0
Total Current Debt	9 880 000	2 493 000	1 252 000	0
Total Equity and Debt	19 226 000	13 308 000	1 153 000	18 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−421,29 %	−122,95 %	118,18 %	−38,89 %
Debt-to-Equity Ratio	1,43	1,03	−0	0
Operating Profit Margin	−31 384 %	−8 040,51 %	−39,18 %	-
Current Ratio	0,15	0,92	0,36	-
Quick Ratio	0,15	0,92	0,36	-
Equity Ratio	0,2	0,4	−0,09	1
Gross Profit Margin	98 %	100 %	100 %	-