COURANTE AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

26,05 %

Current Ratio

0,7

Debt-to-Equity Ratio

5,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 488 000	1 279 000	1 332 000	1 303 000
Net Income	441 000	287 000	349 000	361 000
Total Assets	11 974 000	12 258 000	12 786 000	13 102 000
Total Equity	1 693 000	1 260 000	1 115 000	1 060 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 488 000	1 279 000	1 332 000	1 303 000
Expenditure	521 000	539 000	481 000	426 000
Operating Profit	966 000	740 000	850 000	878 000
Financial Income	0	0	0	0
Financial Costs	401 000	372 000	403 000	415 000
Financial Balance	−401 000	−372 000	−403 000	−415 000
Earnings Before Tax	566 000	368 000	447 000	463 000
Tax	124 000	81 000	98 000	102 000
Net Income	441 000	287 000	349 000	361 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 810 000	11 934 000	12 058 000	12 147 000
Total Current Assets	164 000	324 000	728 000	955 000
Total Assets	11 974 000	12 258 000	12 786 000	13 102 000
Total Retained Equity	1 593 000	1 160 000	1 015 000	960 000
Total Equity	1 693 000	1 260 000	1 115 000	1 060 000
Total Long-Term Debt	10 047 000	10 748 000	11 253 000	11 515 000
Total Current Debt	233 000	251 000	418 000	527 000
Total Equity and Debt	11 974 000	12 258 000	12 786 000	13 102 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 488 000	1 279 000	1 332 000	1 303 000
Other Income	0	0	0	0
Revenue	1 488 000	1 279 000	1 332 000	1 303 000
Cost of Goods Sold	11 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	124 000	124 000	84 000	114 000
Impairment	0	0	0	0
Expenditure	521 000	539 000	481 000	426 000
Operating Profit	966 000	740 000	850 000	878 000
Financial Income	0	0	0	0
Financial Costs	401 000	372 000	403 000	415 000
Financial Balance	−401 000	−372 000	−403 000	−415 000
Dividends	0	0	0	0
Net Income	441 000	287 000	349 000	361 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
Real Eastate	11 810 000	11 934 000	12 058 000	12 142 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 810 000	11 934 000	12 058 000	12 142 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 810 000	11 934 000	12 058 000	12 147 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	32 000	4 000	30 000	13 000
Total Current Assets	164 000	324 000	728 000	955 000
Total Assets	11 974 000	12 258 000	12 786 000	13 102 000
Total Equity	1 693 000	1 260 000	1 115 000	1 060 000
Short-Term Group Debt	10 000	182 000	0	0
Total Long-Term Debt	10 047 000	10 748 000	11 253 000	11 515 000
Creditors	87 000	16 000	2 000	91 000
Unpaid Taxes	11 000	6 000	11 000	10 000
Dividends	0	0	0	0
Other Current Debt	6 000	10 000	406 000	425 000
Total Current Debt	233 000	251 000	418 000	527 000
Total Equity and Debt	11 974 000	12 258 000	12 786 000	13 102 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,05 %	22,78 %	31,3 %	34,06 %
Debt-to-Equity Ratio	5,93	8,53	10,09	10,86
Operating Profit Margin	64,92 %	57,86 %	63,81 %	67,38 %
Current Ratio	0,7	1,29	1,74	1,81
Quick Ratio	0,7	1,29	1,74	1,81
Equity Ratio	0,14	0,1	0,09	0,08
Gross Profit Margin	99,26 %	100 %	100 %	100 %