KOREN SPRENGNINGSSERVICE AS

7357 SKAUN

Finances

Return on Equity

4,05 %

Current Ratio

2,6

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	92 358 000	107 767 000	111 588 000	116 929 000
Net Income	746 000	3 095 000	5 941 000	9 209 000
Total Assets	48 912 000	62 216 000	55 457 000	61 471 000
Total Equity	18 429 000	17 933 000	30 338 000	30 337 000

Income (NOK)	2022	2021	2020	2019
Revenue	92 358 000	107 767 000	111 588 000	116 929 000
Expenditure	90 864 000	103 835 000	103 987 000	105 212 000
Operating Profit	1 494 000	3 933 000	7 601 000	11 718 000
Financial Income	33 000	115 000	106 000	190 000
Financial Costs	563 000	80 000	89 000	101 000
Financial Balance	−530 000	35 000	17 000	89 000
Earnings Before Tax	964 000	3 968 000	7 619 000	11 807 000
Tax	218 000	873 000	1 679 000	2 597 000
Net Income	746 000	3 095 000	5 941 000	9 209 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 307 000	6 150 000	5 776 000	7 647 000
Total Current Assets	43 605 000	56 066 000	49 682 000	53 825 000
Total Assets	48 912 000	62 216 000	55 457 000	61 471 000
Total Retained Equity	15 529 000	15 033 000	27 438 000	27 437 000
Total Equity	18 429 000	17 933 000	30 338 000	30 337 000
Total Long-Term Debt	13 715 000	2 000	182 000	0
Total Current Debt	16 768 000	44 282 000	24 937 000	31 134 000
Total Equity and Debt	48 912 000	62 216 000	55 457 000	61 471 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	88 424 000	107 583 000	108 171 000	116 060 000
Other Income	3 934 000	185 000	3 417 000	869 000
Revenue	92 358 000	107 767 000	111 588 000	116 929 000
Cost of Goods Sold	36 493 000	49 095 000	47 387 000	51 657 000
Salary Costs	24 145 000	24 489 000	26 142 000	26 147 000
Depreciation	1 248 000	1 694 000	1 908 000	2 159 000
Impairment	0	0	0	0
Expenditure	90 864 000	103 835 000	103 987 000	105 212 000
Operating Profit	1 494 000	3 933 000	7 601 000	11 718 000
Financial Income	33 000	115 000	106 000	190 000
Financial Costs	563 000	80 000	89 000	101 000
Financial Balance	−530 000	35 000	17 000	89 000
Dividends	250 000	0	5 940 000	9 200 000
Net Income	746 000	3 095 000	5 941 000	9 209 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	200 000	324 000	300 000	545 000
Real Eastate	1 908 000	2 059 000	2 211 000	2 363 000
Machinery and Plant Facilities	6 000	9 000	11 000	14 000
Fixtures	1 586 000	2 150 000	3 045 000	4 482 000
Total Tangible Assets	3 499 000	4 218 000	5 267 000	6 859 000
Total Fiancial Fixed Assets	1 608 000	1 608 000	208 000	242 000
Total Fixed Assets	5 307 000	6 150 000	5 776 000	7 647 000
Stock	6 846 000	6 719 000	6 786 000	3 935 000
Total Investments	0	0	0	0
Cash, Bank	2 039 000	3 350 000	11 040 000	9 496 000
Total Current Assets	43 605 000	56 066 000	49 682 000	53 825 000
Total Assets	48 912 000	62 216 000	55 457 000	61 471 000
Total Equity	18 429 000	17 933 000	30 338 000	30 337 000
Short-Term Group Debt	0	0	2 000	178 000
Total Long-Term Debt	13 715 000	2 000	182 000	0
Creditors	5 517 000	15 621 000	10 085 000	10 112 000
Unpaid Taxes	5 644 000	4 614 000	2 574 000	3 445 000
Dividends	250 000	0	5 940 000	9 200 000
Other Current Debt	5 358 000	22 918 000	5 022 000	5 216 000
Total Current Debt	16 768 000	44 282 000	24 937 000	31 134 000
Total Equity and Debt	48 912 000	62 216 000	55 457 000	61 471 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,05 %	17,26 %	19,58 %	30,36 %
Debt-to-Equity Ratio	0,74	0	0,01	0
Operating Profit Margin	1,62 %	3,65 %	6,81 %	10,02 %
Current Ratio	2,6	1,27	1,99	1,73
Quick Ratio	4,39	1,49	2,74	1,98
Equity Ratio	0,38	0,29	0,55	0,49
Gross Profit Margin	60,49 %	54,44 %	57,53 %	55,82 %