KORSGATEN/RINGGATEN BORETTSLAG

1725 SARPSBORG

Finances

Share Ownership

Return on Equity

67,78 %

Current Ratio

12,63

Debt-to-Equity Ratio

−1,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	418 000	408 000	408 000	408 000
Net Income	−587 000	149 000	154 000	167 000
Total Assets	771 000	1 428 000	1 389 000	1 338 000
Total Equity	−866 000	−279 000	−428 000	−582 000

Income (NOK)	2022	2021	2020	2019
Revenue	418 000	408 000	408 000	408 000
Expenditure	974 000	235 000	223 000	206 000
Operating Profit	−557 000	173 000	185 000	202 000
Financial Income	7 000	0	2 000	8 000
Financial Costs	40 000	28 000	37 000	46 000
Financial Balance	−33 000	−28 000	−35 000	−38 000
Earnings Before Tax	−554 000	176 000	188 000	205 000
Tax	0	0	0	0
Net Income	−587 000	149 000	154 000	167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	367 000	367 000	367 000	367 000
Total Current Assets	404 000	1 061 000	1 022 000	971 000
Total Assets	771 000	1 428 000	1 389 000	1 338 000
Total Retained Equity	−867 000	−280 000	−429 000	−583 000
Total Equity	−866 000	−279 000	−428 000	−582 000
Total Long-Term Debt	1 605 000	1 707 000	1 815 000	1 920 000
Total Current Debt	32 000	0	2 000	0
Total Equity and Debt	771 000	1 428 000	1 389 000	1 338 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	418 000	408 000	408 000	408 000
Revenue	418 000	408 000	408 000	408 000
Cost of Goods Sold	0	0	0	0
Salary Costs	12 000	12 000	11 000	11 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	974 000	235 000	223 000	206 000
Operating Profit	−557 000	173 000	185 000	202 000
Financial Income	7 000	0	2 000	8 000
Financial Costs	40 000	28 000	37 000	46 000
Financial Balance	−33 000	−28 000	−35 000	−38 000
Dividends	0	0	0	0
Net Income	−587 000	149 000	154 000	167 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	367 000	367 000	367 000	367 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	367 000	367 000	367 000	367 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	367 000	367 000	367 000	367 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	316 000	1 013 000	976 000	926 000
Total Current Assets	404 000	1 061 000	1 022 000	971 000
Total Assets	771 000	1 428 000	1 389 000	1 338 000
Total Equity	−866 000	−279 000	−428 000	−582 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 605 000	1 707 000	1 815 000	1 920 000
Creditors	32 000	0	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	32 000	0	2 000	0
Total Equity and Debt	771 000	1 428 000	1 389 000	1 338 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,78 %	−53,41 %	−35,98 %	−28,69 %
Debt-to-Equity Ratio	−1,85	−6,12	−4,24	−3,3
Operating Profit Margin	−133,25 %	42,4 %	45,34 %	49,51 %
Current Ratio	12,63	-	511	-
Quick Ratio	12,63	-	511	-
Equity Ratio	−1,12	−0,2	−0,31	−0,43
Gross Profit Margin	100 %	100 %	100 %	100 %