KORSHAGEN BORETTSLAG

2003 LILLESTRØM

Finances

Share Ownership

Return on Equity

−20,63 %

Current Ratio

2,17

Debt-to-Equity Ratio

−5,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 961 000	2 679 000	2 427 000	2 290 000
Net Income	286 000	117 000	−301 000	−339 000
Total Assets	7 012 000	6 738 000	6 995 000	7 051 000
Total Equity	−1 386 000	−1 672 000	−1 789 000	−1 488 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 961 000	2 679 000	2 427 000	2 290 000
Expenditure	2 527 000	2 478 000	2 608 000	2 478 000
Operating Profit	434 000	201 000	−181 000	−188 000
Financial Income	30 000	31 000	33 000	34 000
Financial Costs	179 000	116 000	153 000	186 000
Financial Balance	−149 000	−85 000	−120 000	−152 000
Earnings Before Tax	286 000	117 000	−301 000	−339 000
Tax	0	0	0	0
Net Income	286 000	117 000	−301 000	−339 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 665 000	5 845 000	5 665 000	5 665 000
Total Current Assets	1 347 000	894 000	1 330 000	1 387 000
Total Assets	7 012 000	6 738 000	6 995 000	7 051 000
Total Retained Equity	−1 391 000	1 677 000	1 794 000	1 493 000
Total Equity	−1 386 000	−1 672 000	−1 789 000	−1 488 000
Total Long-Term Debt	7 777 000	8 002 000	8 263 000	8 519 000
Total Current Debt	621 000	228 000	520 000	20 000
Total Equity and Debt	7 012 000	6 738 000	6 995 000	7 051 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 954 000	0	0	0
Other Income	7 000	2 679 000	2 427 000	2 290 000
Revenue	2 961 000	2 679 000	2 427 000	2 290 000
Cost of Goods Sold	0	0	0	0
Salary Costs	137 000	137 000	143 000	137 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 527 000	2 478 000	2 608 000	2 478 000
Operating Profit	434 000	201 000	−181 000	−188 000
Financial Income	30 000	31 000	33 000	34 000
Financial Costs	179 000	116 000	153 000	186 000
Financial Balance	−149 000	−85 000	−120 000	−152 000
Dividends	0	0	0	0
Net Income	286 000	117 000	−301 000	−339 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 665 000	5 665 000	5 665 000	5 665 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 665 000	5 665 000	5 665 000	5 665 000
Total Fiancial Fixed Assets	0	180 000	0	0
Total Fixed Assets	5 665 000	5 845 000	5 665 000	5 665 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	786 000	477 000	938 000	1 105 000
Total Current Assets	1 347 000	894 000	1 330 000	1 387 000
Total Assets	7 012 000	6 738 000	6 995 000	7 051 000
Total Equity	−1 386 000	−1 672 000	−1 789 000	−1 488 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 777 000	8 002 000	8 263 000	8 519 000
Creditors	621 000	213 000	516 000	8 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	15 000	4 000	12 000
Total Current Debt	621 000	228 000	520 000	20 000
Total Equity and Debt	7 012 000	6 738 000	6 995 000	7 051 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,63 %	−7 %	16,83 %	22,78 %
Debt-to-Equity Ratio	−5,61	−4,79	−4,62	−5,73
Operating Profit Margin	14,66 %	7,5 %	−7,46 %	−8,21 %
Current Ratio	2,17	3,92	2,56	69,35
Quick Ratio	2,17	3,92	2,56	69,35
Equity Ratio	−0,2	−0,25	−0,26	−0,21
Gross Profit Margin	100 %	100 %	100 %	100 %