KORGFJELLET FJELLSTUE AS

8646 KORGEN

Finances

Share Ownership

Return on Equity

−25,22 %

Current Ratio

7,73

Debt-to-Equity Ratio

7,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 784 000	4 815 000	3 764 000	3 201 000
Net Income	−85 000	733 000	310 000	35 000
Total Assets	3 120 000	3 425 000	2 666 000	2 079 000
Total Equity	337 000	422 000	538 000	215 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 784 000	4 815 000	3 764 000	3 201 000
Expenditure	3 894 000	3 867 000	3 393 000	3 141 000
Operating Profit	−110 000	948 000	371 000	62 000
Financial Income	8 000	1 000	19 000	6 000
Financial Costs	4 000	6 000	25 000	32 000
Financial Balance	4 000	−5 000	−6 000	−26 000
Earnings Before Tax	−106 000	942 000	365 000	35 000
Tax	−21 000	209 000	55 000	0
Net Income	−85 000	733 000	310 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 373 000	1 469 000	1 634 000	1 370 000
Total Current Assets	1 747 000	1 956 000	1 032 000	709 000
Total Assets	3 120 000	3 425 000	2 666 000	2 079 000
Total Retained Equity	179 000	265 000	380 000	115 000
Total Equity	337 000	422 000	538 000	215 000
Total Long-Term Debt	2 557 000	1 482 000	1 503 000	1 450 000
Total Current Debt	226 000	1 521 000	626 000	414 000
Total Equity and Debt	3 120 000	3 425 000	2 666 000	2 079 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 729 000	4 286 000	3 023 000	2 558 000
Other Income	56 000	530 000	741 000	643 000
Revenue	3 784 000	4 815 000	3 764 000	3 201 000
Cost of Goods Sold	846 000	879 000	812 000	872 000
Salary Costs	1 205 000	1 186 000	1 109 000	1 214 000
Depreciation	322 000	359 000	318 000	232 000
Impairment	0	0	0	0
Expenditure	3 894 000	3 867 000	3 393 000	3 141 000
Operating Profit	−110 000	948 000	371 000	62 000
Financial Income	8 000	1 000	19 000	6 000
Financial Costs	4 000	6 000	25 000	32 000
Financial Balance	4 000	−5 000	−6 000	−26 000
Dividends	0	0	0	0
Net Income	−85 000	733 000	310 000	35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	0	0	0
Real Eastate	616 000	657 000	562 000	590 000
Machinery and Plant Facilities	614 000	687 000	467 000	0
Fixtures	135 000	125 000	605 000	779 000
Total Tangible Assets	1 365 000	1 469 000	1 634 000	1 370 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 373 000	1 469 000	1 634 000	1 370 000
Stock	52 000	43 000	43 000	34 000
Total Investments	0	0	0	0
Cash, Bank	1 143 000	1 202 000	30 000	34 000
Total Current Assets	1 747 000	1 956 000	1 032 000	709 000
Total Assets	3 120 000	3 425 000	2 666 000	2 079 000
Total Equity	337 000	422 000	538 000	215 000
Short-Term Group Debt	0	1 087 000	0	0
Total Long-Term Debt	2 557 000	1 482 000	1 503 000	1 450 000
Creditors	34 000	191 000	108 000	73 000
Unpaid Taxes	49 000	20 000	27 000	106 000
Dividends	0	0	0	0
Other Current Debt	144 000	223 000	416 000	162 000
Total Current Debt	226 000	1 521 000	626 000	414 000
Total Equity and Debt	3 120 000	3 425 000	2 666 000	2 079 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,22 %	173,7 %	57,62 %	16,28 %
Debt-to-Equity Ratio	7,59	3,51	2,79	6,74
Operating Profit Margin	−2,91 %	19,69 %	9,86 %	1,94 %
Current Ratio	7,73	1,29	1,65	1,71
Quick Ratio	10,04	1,32	1,77	1,87
Equity Ratio	0,11	0,12	0,2	0,1
Gross Profit Margin	77,64 %	81,74 %	78,43 %	72,76 %