CORRECT INVEST AS

2003 LILLESTRØM

Finances

Return on Equity

−5,59 %

Current Ratio

0,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	949 000	1 058 000	1 131 000	889 000
Net Income	−975 000	1 596 000	1 638 000	3 614 000
Total Assets	18 957 000	20 015 000	18 507 000	17 519 000
Total Equity	17 432 000	18 407 000	16 812 000	15 173 000

Income (NOK)	2022	2021	2020	2019
Revenue	949 000	1 058 000	1 131 000	889 000
Expenditure	210 000	204 000	241 000	279 000
Operating Profit	739 000	855 000	890 000	610 000
Financial Income	1 137 000	1 254 000	1 275 000	3 402 000
Financial Costs	2 444 000	150 000	230 000	86 000
Financial Balance	−1 307 000	1 104 000	1 045 000	3 316 000
Earnings Before Tax	−568 000	1 958 000	1 935 000	3 926 000
Tax	407 000	363 000	297 000	311 000
Net Income	−975 000	1 596 000	1 638 000	3 614 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 655 000	16 655 000	16 411 000	16 469 000
Total Current Assets	1 302 000	3 360 000	2 096 000	1 050 000
Total Assets	18 957 000	20 015 000	18 507 000	17 519 000
Total Retained Equity	17 402 000	18 377 000	16 782 000	15 143 000
Total Equity	17 432 000	18 407 000	16 812 000	15 173 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 524 000	1 608 000	1 695 000	2 346 000
Total Equity and Debt	18 957 000	20 015 000	18 507 000	17 519 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	949 000	1 058 000	1 131 000	889 000
Other Income	0	0	0	0
Revenue	949 000	1 058 000	1 131 000	889 000
Cost of Goods Sold	46 000	41 000	38 000	138 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	210 000	204 000	241 000	279 000
Operating Profit	739 000	855 000	890 000	610 000
Financial Income	1 137 000	1 254 000	1 275 000	3 402 000
Financial Costs	2 444 000	150 000	230 000	86 000
Financial Balance	−1 307 000	1 104 000	1 045 000	3 316 000
Dividends	0	0	0	0
Net Income	−975 000	1 596 000	1 638 000	3 614 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	17 655 000	16 655 000	16 411 000	16 469 000
Total Fixed Assets	17 655 000	16 655 000	16 411 000	16 469 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 086 000	3 173 000	1 987 000	1 011 000
Total Current Assets	1 302 000	3 360 000	2 096 000	1 050 000
Total Assets	18 957 000	20 015 000	18 507 000	17 519 000
Total Equity	17 432 000	18 407 000	16 812 000	15 173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	1 000
Unpaid Taxes	210 000	237 000	249 000	174 000
Dividends	0	0	0	0
Other Current Debt	908 000	1 008 000	1 147 000	1 860 000
Total Current Debt	1 524 000	1 608 000	1 695 000	2 346 000
Total Equity and Debt	18 957 000	20 015 000	18 507 000	17 519 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,59 %	8,67 %	9,74 %	23,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	77,87 %	80,81 %	78,69 %	68,62 %
Current Ratio	0,85	2,09	1,24	0,45
Quick Ratio	0,85	2,09	1,24	0,45
Equity Ratio	0,92	0,92	0,91	0,87
Gross Profit Margin	95,15 %	96,12 %	96,64 %	84,48 %