KOREN AS

7030 TRONDHEIM

Finances

Return on Equity

17,79 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	505 000	640 000	−1 000
Total Assets	3 127 000	3 127 000	2 739 000
Total Equity	2 838 000	2 849 000	2 479 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	15 000	8 000	1 000
Operating Profit	−15 000	−8 000	−1 000
Financial Income	520 000	650 000	0
Financial Costs	0	0	0
Financial Balance	520 000	650 000	0
Earnings Before Tax	505 000	642 000	−1 000
Tax	0	2 000	0
Net Income	505 000	640 000	−1 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 716 000	2 716 000	2 716 000
Total Current Assets	411 000	411 000	23 000
Total Assets	3 127 000	3 127 000	2 739 000
Total Retained Equity	346 000	357 000	−13 000
Total Equity	2 838 000	2 849 000	2 479 000
Total Long-Term Debt	2 000	0	0
Total Current Debt	287 000	278 000	260 000
Total Equity and Debt	3 127 000	3 127 000	2 739 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	15 000	8 000	1 000
Operating Profit	−15 000	−8 000	−1 000
Financial Income	520 000	650 000	0
Financial Costs	0	0	0
Financial Balance	520 000	650 000	0
Dividends	275 000	270 000	0
Net Income	505 000	640 000	−1 000

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	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	2 716 000	2 716 000	2 716 000
Total Fixed Assets	2 716 000	2 716 000	2 716 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	10 000	15 000	23 000
Total Current Assets	411 000	411 000	23 000
Total Assets	3 127 000	3 127 000	2 739 000
Total Equity	2 838 000	2 849 000	2 479 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 000	0	0
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	275 000	270 000	0
Other Current Debt	12 000	6 000	260 000
Total Current Debt	287 000	278 000	260 000
Total Equity and Debt	3 127 000	3 127 000	2 739 000

Financial indicators	2022	2021	2020
Return on Equity	17,79 %	22,46 %	−0,04 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	-	-	-
Current Ratio	1,43	1,48	0,09
Quick Ratio	1,43	1,48	0,09
Equity Ratio	0,91	0,91	0,91
Gross Profit Margin	-	-	-