KORGEN CAMPING AS

8646 KORGEN

Finances

Share Ownership

Return on Equity

32,77 %

Current Ratio

4,85

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020
Revenue	1 583 000	1 703 000	1 811 000
Net Income	526 000	306 000	402 000
Total Assets	2 687 000	2 306 000	2 680 000
Total Equity	1 605 000	1 078 000	33 000

Income (NOK)	2022	2021	2020
Revenue	1 583 000	1 703 000	1 811 000
Expenditure	877 000	1 260 000	1 242 000
Operating Profit	706 000	444 000	569 000
Financial Income	2 000	1 000	1 000
Financial Costs	32 000	43 000	50 000
Financial Balance	−30 000	−42 000	−49 000
Earnings Before Tax	676 000	401 000	519 000
Tax	149 000	95 000	117 000
Net Income	526 000	306 000	402 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 751 000	1 646 000	1 479 000
Total Current Assets	936 000	660 000	1 201 000
Total Assets	2 687 000	2 306 000	2 680 000
Total Retained Equity	835 000	309 000	3 000
Total Equity	1 605 000	1 078 000	33 000
Total Long-Term Debt	889 000	1 018 000	1 059 000
Total Current Debt	193 000	209 000	1 588 000
Total Equity and Debt	2 687 000	2 306 000	2 680 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 582 000	1 703 000	1 796 000
Other Income	1 000	0	15 000
Revenue	1 583 000	1 703 000	1 811 000
Cost of Goods Sold	5 000	6 000	2 000
Salary Costs	333 000	516 000	313 000
Depreciation	100 000	92 000	99 000
Impairment	0	0	0
Expenditure	877 000	1 260 000	1 242 000
Operating Profit	706 000	444 000	569 000
Financial Income	2 000	1 000	1 000
Financial Costs	32 000	43 000	50 000
Financial Balance	−30 000	−42 000	−49 000
Dividends	0	0	0
Net Income	526 000	306 000	402 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	27 000	0	0
Real Eastate	1 346 000	1 371 000	1 453 000
Machinery and Plant Facilities	0	0	0
Fixtures	36 000	15 000	26 000
Total Tangible Assets	1 382 000	1 387 000	1 479 000
Total Fiancial Fixed Assets	341 000	259 000	0
Total Fixed Assets	1 751 000	1 646 000	1 479 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	922 000	623 000	1 021 000
Total Current Assets	936 000	660 000	1 201 000
Total Assets	2 687 000	2 306 000	2 680 000
Total Equity	1 605 000	1 078 000	33 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	889 000	1 018 000	1 059 000
Creditors	6 000	25 000	22 000
Unpaid Taxes	13 000	7 000	15 000
Dividends	0	0	0
Other Current Debt	23 000	76 000	1 425 000
Total Current Debt	193 000	209 000	1 588 000
Total Equity and Debt	2 687 000	2 306 000	2 680 000

Financial indicators	2022	2021	2020
Return on Equity	32,77 %	28,39 %	1 218,18 %
Debt-to-Equity Ratio	0,55	0,94	32,09
Operating Profit Margin	44,6 %	26,07 %	31,42 %
Current Ratio	4,85	3,16	0,76
Quick Ratio	4,85	3,16	0,76
Equity Ratio	0,6	0,47	0,01
Gross Profit Margin	99,68 %	99,65 %	99,89 %