KORSBAKKEN BAD AS

0571 OSLO

Finances

Share Ownership

Return on Equity

51,24 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	111 178 000	103 754 000	93 477 000	88 689 000
Net Income	4 222 000	4 473 000	3 773 000	1 969 000
Total Assets	44 098 000	44 350 000	37 840 000	32 850 000
Total Equity	8 239 000	4 017 000	12 045 000	10 272 000

Income (NOK)	2022	2021	2020	2019
Revenue	111 178 000	103 754 000	93 477 000	88 689 000
Expenditure	106 109 000	97 367 000	86 429 000	84 741 000
Operating Profit	5 069 000	6 387 000	7 047 000	3 948 000
Financial Income	654 000	0	0	10 000
Financial Costs	299 000	653 000	2 208 000	1 425 000
Financial Balance	355 000	−653 000	−2 208 000	−1 415 000
Earnings Before Tax	5 424 000	5 734 000	4 840 000	2 533 000
Tax	1 202 000	1 262 000	1 067 000	563 000
Net Income	4 222 000	4 473 000	3 773 000	1 969 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	715 000	408 000	166 000	86 000
Total Current Assets	43 382 000	43 942 000	37 674 000	32 764 000
Total Assets	44 098 000	44 350 000	37 840 000	32 850 000
Total Retained Equity	7 239 000	3 017 000	11 045 000	9 272 000
Total Equity	8 239 000	4 017 000	12 045 000	10 272 000
Total Long-Term Debt	0	0	151 000	4 438 000
Total Current Debt	35 858 000	40 333 000	25 645 000	18 141 000
Total Equity and Debt	44 098 000	44 350 000	37 840 000	32 850 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	109 736 000	102 547 000	92 349 000	88 689 000
Other Income	1 443 000	1 206 000	1 128 000	0
Revenue	111 178 000	103 754 000	93 477 000	88 689 000
Cost of Goods Sold	56 719 000	54 690 000	49 917 000	49 320 000
Salary Costs	14 509 000	12 416 000	9 696 000	9 900 000
Depreciation	92 000	51 000	9 000	0
Impairment	0	0	0	0
Expenditure	106 109 000	97 367 000	86 429 000	84 741 000
Operating Profit	5 069 000	6 387 000	7 047 000	3 948 000
Financial Income	654 000	0	0	10 000
Financial Costs	299 000	653 000	2 208 000	1 425 000
Financial Balance	355 000	−653 000	−2 208 000	−1 415 000
Dividends	0	12 500 000	2 000 000	0
Net Income	4 222 000	4 473 000	3 773 000	1 969 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	241 000	192 000	146 000	86 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	373 000	216 000	20 000	0
Total Tangible Assets	373 000	216 000	20 000	0
Total Fiancial Fixed Assets	101 000	0	0	0
Total Fixed Assets	715 000	408 000	166 000	86 000
Stock	12 343 000	14 822 000	12 346 000	12 249 000
Total Investments	0	0	0	0
Cash, Bank	12 961 000	12 229 000	11 725 000	7 837 000
Total Current Assets	43 382 000	43 942 000	37 674 000	32 764 000
Total Assets	44 098 000	44 350 000	37 840 000	32 850 000
Total Equity	8 239 000	4 017 000	12 045 000	10 272 000
Short-Term Group Debt	9 728 000	0	0	0
Total Long-Term Debt	0	0	151 000	4 438 000
Creditors	16 339 000	19 243 000	15 099 000	12 876 000
Unpaid Taxes	4 936 000	4 504 000	4 094 000	3 087 000
Dividends	0	12 500 000	2 000 000	0
Other Current Debt	3 604 000	2 779 000	2 035 000	1 603 000
Total Current Debt	35 858 000	40 333 000	25 645 000	18 141 000
Total Equity and Debt	44 098 000	44 350 000	37 840 000	32 850 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,24 %	111,35 %	31,32 %	19,17 %
Debt-to-Equity Ratio	0	0	0,01	0,43
Operating Profit Margin	4,56 %	6,16 %	7,54 %	4,45 %
Current Ratio	1,21	1,09	1,47	1,81
Quick Ratio	1,84	1,72	2,83	5,56
Equity Ratio	0,19	0,09	0,32	0,31
Gross Profit Margin	48,98 %	47,29 %	46,6 %	44,39 %