KORTNES BORETTSLAG

8006 BODØ

Finances

Share Ownership

Return on Equity

76,45 %

Current Ratio

4,84

Debt-to-Equity Ratio

20,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 071 000	2 069 000	2 069 000	1 991 000
Net Income	526 000	799 000	712 000	221 000
Total Assets	14 810 000	14 594 000	14 204 000	13 898 000
Total Equity	688 000	162 000	−637 000	−1 349 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 071 000	2 069 000	2 069 000	1 991 000
Expenditure	1 218 000	1 043 000	1 058 000	1 398 000
Operating Profit	854 000	1 023 000	1 012 000	592 000
Financial Income	16 000	2 000	2 000	18 000
Financial Costs	344 000	227 000	302 000	389 000
Financial Balance	−328 000	−225 000	−300 000	−371 000
Earnings Before Tax	526 000	802 000	712 000	221 000
Tax	0	0	0	0
Net Income	526 000	799 000	712 000	221 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 318 000	13 113 000	13 109 000	13 148 000
Total Current Assets	1 492 000	1 481 000	1 096 000	750 000
Total Assets	14 810 000	14 594 000	14 204 000	13 898 000
Total Retained Equity	685 000	159 000	−639 000	−1 351 000
Total Equity	688 000	162 000	−637 000	−1 349 000
Total Long-Term Debt	13 814 000	14 182 000	14 605 000	15 019 000
Total Current Debt	308 000	251 000	236 000	228 000
Total Equity and Debt	14 810 000	14 594 000	14 204 000	13 898 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 071 000	2 069 000	2 069 000	1 991 000
Revenue	2 071 000	2 069 000	2 069 000	1 991 000
Cost of Goods Sold	0	0	0	0
Salary Costs	76 000	54 000	54 000	117 000
Depreciation	31 000	38 000	40 000	40 000
Impairment	0	0	0	0
Expenditure	1 218 000	1 043 000	1 058 000	1 398 000
Operating Profit	854 000	1 023 000	1 012 000	592 000
Financial Income	16 000	2 000	2 000	18 000
Financial Costs	344 000	227 000	302 000	389 000
Financial Balance	−328 000	−225 000	−300 000	−371 000
Dividends	0	0	0	0
Net Income	526 000	799 000	712 000	221 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 305 000	13 069 000	13 027 000	13 027 000
Machinery and Plant Facilities	13 000	44 000	82 000	122 000
Fixtures	0	0	0	0
Total Tangible Assets	13 318 000	13 113 000	13 109 000	13 148 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 318 000	13 113 000	13 109 000	13 148 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 234 000	1 248 000	878 000	556 000
Total Current Assets	1 492 000	1 481 000	1 096 000	750 000
Total Assets	14 810 000	14 594 000	14 204 000	13 898 000
Total Equity	688 000	162 000	−637 000	−1 349 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 814 000	14 182 000	14 605 000	15 019 000
Creditors	269 000	223 000	214 000	203 000
Unpaid Taxes	36 000	26 000	20 000	22 000
Dividends	0	0	0	0
Other Current Debt	3 000	2 000	2 000	3 000
Total Current Debt	308 000	251 000	236 000	228 000
Total Equity and Debt	14 810 000	14 594 000	14 204 000	13 898 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,45 %	493,21 %	−111,77 %	−16,38 %
Debt-to-Equity Ratio	20,08	87,54	−22,93	−11,13
Operating Profit Margin	41,24 %	49,44 %	48,91 %	29,73 %
Current Ratio	4,84	5,9	4,64	3,29
Quick Ratio	4,84	5,9	4,64	3,29
Equity Ratio	0,05	0,01	−0,04	−0,1
Gross Profit Margin	100 %	100 %	100 %	100 %