KORTNES MASKIN AS

3405 LIER

Finances

Share Ownership

Return on Equity

−9,22 %

Current Ratio

0,03

Debt-to-Equity Ratio

−0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	647 000	299 000	300 000	178 000
Net Income	163 000	−97 000	−39 000	−180 000
Total Assets	474 000	71 000	75 000	50 000
Total Equity	−1 768 000	−1 931 000	−1 834 000	−1 795 000

Income (NOK)	2022	2021	2020	2019
Revenue	647 000	299 000	300 000	178 000
Expenditure	455 000	384 000	318 000	335 000
Operating Profit	191 000	−85 000	−19 000	−157 000
Financial Income	0	1 000	0	0
Financial Costs	28 000	12 000	21 000	23 000
Financial Balance	−28 000	−11 000	−21 000	−23 000
Earnings Before Tax	163 000	−97 000	−39 000	−180 000
Tax	0	0	0	0
Net Income	163 000	−97 000	−39 000	−180 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	403 000	15 000	19 000	0
Total Current Assets	72 000	56 000	56 000	50 000
Total Assets	474 000	71 000	75 000	50 000
Total Retained Equity	−1 968 000	−2 131 000	−2 034 000	−1 995 000
Total Equity	−1 768 000	−1 931 000	−1 834 000	−1 795 000
Total Long-Term Debt	138 000	0	0	0
Total Current Debt	2 105 000	2 001 000	1 909 000	1 845 000
Total Equity and Debt	474 000	71 000	75 000	50 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	647 000	259 000	300 000	185 000
Other Income	0	40 000	0	−7 000
Revenue	647 000	299 000	300 000	178 000
Cost of Goods Sold	62 000	101 000	66 000	71 000
Salary Costs	0	1 000	2 000	4 000
Depreciation	43 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	455 000	384 000	318 000	335 000
Operating Profit	191 000	−85 000	−19 000	−157 000
Financial Income	0	1 000	0	0
Financial Costs	28 000	12 000	21 000	23 000
Financial Balance	−28 000	−11 000	−21 000	−23 000
Dividends	0	0	0	0
Net Income	163 000	−97 000	−39 000	−180 000

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	403 000	15 000	19 000	0
Total Tangible Assets	403 000	15 000	19 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	403 000	15 000	19 000	0
Stock	45 000	20 000	42 000	10 000
Total Investments	0	0	0	0
Cash, Bank	0	4 000	0	3 000
Total Current Assets	72 000	56 000	56 000	50 000
Total Assets	474 000	71 000	75 000	50 000
Total Equity	−1 768 000	−1 931 000	−1 834 000	−1 795 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	138 000	0	0	0
Creditors	24 000	22 000	60 000	34 000
Unpaid Taxes	6 000	0	0	10 000
Dividends	0	0	0	0
Other Current Debt	2 041 000	1 979 000	1 831 000	1 751 000
Total Current Debt	2 105 000	2 001 000	1 909 000	1 845 000
Total Equity and Debt	474 000	71 000	75 000	50 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,22 %	5,02 %	2,13 %	10,03 %
Debt-to-Equity Ratio	−0,08	−0	−0	−0
Operating Profit Margin	29,52 %	−28,43 %	−6,33 %	−88,2 %
Current Ratio	0,03	0,03	0,03	0,03
Quick Ratio	0,03	0,03	0,03	0,03
Equity Ratio	−3,73	−27,2	−24,45	−35,9
Gross Profit Margin	90,42 %	66,22 %	78 %	60,11 %