CORRON PRODUCTION AS

6430 BUD

Finances

Share Ownership

Return on Equity

−42,31 %

Current Ratio

1,32

Debt-to-Equity Ratio

3,85

Key figures (NOK)	2022	2021	2020
Revenue	3 328 000	1 732 000	1 925 000
Net Income	−44 000	30 000	24 000
Total Assets	1 291 000	522 000	230 000
Total Equity	104 000	148 000	118 000

Income (NOK)	2022	2021	2020
Revenue	3 328 000	1 732 000	1 925 000
Expenditure	3 342 000	1 676 000	1 954 000
Operating Profit	−14 000	56 000	44 000
Financial Income	5 000	0	0
Financial Costs	44 000	18 000	13 000
Financial Balance	−39 000	−18 000	−13 000
Earnings Before Tax	−53 000	38 000	31 000
Tax	−9 000	8 000	7 000
Net Income	−44 000	30 000	24 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	255 000	239 000	0
Total Current Assets	1 036 000	283 000	230 000
Total Assets	1 291 000	522 000	230 000
Total Retained Equity	4 000	48 000	18 000
Total Equity	104 000	148 000	118 000
Total Long-Term Debt	400 000	9 000	0
Total Current Debt	787 000	366 000	112 000
Total Equity and Debt	1 291 000	522 000	230 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 328 000	1 732 000	1 925 000
Other Income	0	0	0
Revenue	3 328 000	1 732 000	1 925 000
Cost of Goods Sold	2 993 000	1 407 000	1 651 000
Salary Costs	1 000	2 000	2 000
Depreciation	49 000	4 000	0
Impairment	0	0	0
Expenditure	3 342 000	1 676 000	1 954 000
Operating Profit	−14 000	56 000	44 000
Financial Income	5 000	0	0
Financial Costs	44 000	18 000	13 000
Financial Balance	−39 000	−18 000	−13 000
Dividends	0	0	0
Net Income	−44 000	30 000	24 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	255 000	239 000	0
Fixtures	0	0	0
Total Tangible Assets	255 000	239 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	255 000	239 000	0
Stock	924 000	239 000	197 000
Total Investments	0	0	0
Cash, Bank	0	0	6 000
Total Current Assets	1 036 000	283 000	230 000
Total Assets	1 291 000	522 000	230 000
Total Equity	104 000	148 000	118 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	400 000	9 000	0
Creditors	419 000	6 000	75 000
Unpaid Taxes	0	4 000	11 000
Dividends	0	0	0
Other Current Debt	38 000	25 000	19 000
Total Current Debt	787 000	366 000	112 000
Total Equity and Debt	1 291 000	522 000	230 000

Financial indicators	2022	2021	2020
Return on Equity	−42,31 %	20,27 %	20,34 %
Debt-to-Equity Ratio	3,85	0,06	0
Operating Profit Margin	−0,42 %	3,23 %	2,29 %
Current Ratio	1,32	0,77	2,05
Quick Ratio	−7,56	2,23	−2,71
Equity Ratio	0,08	0,28	0,51
Gross Profit Margin	10,07 %	18,76 %	14,23 %