KORGEN BILSERVICE AS

8646 KORGEN

Finances

Share Ownership

Return on Equity

13,37 %

Current Ratio

6,66

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 913 000	1 820 000	1 698 000	1 806 000
Net Income	690 000	283 000	571 000	640 000
Total Assets	5 697 000	6 915 000	6 606 000	6 540 000
Total Equity	5 162 000	4 472 000	6 189 000	6 068 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 913 000	1 820 000	1 698 000	1 806 000
Expenditure	1 073 000	1 496 000	1 020 000	1 044 000
Operating Profit	840 000	325 000	679 000	763 000
Financial Income	44 000	38 000	53 000	59 000
Financial Costs	0	0	0	1 000
Financial Balance	44 000	38 000	53 000	58 000
Earnings Before Tax	885 000	363 000	732 000	821 000
Tax	195 000	80 000	161 000	181 000
Net Income	690 000	283 000	571 000	640 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 041 000	3 322 000	3 603 000	3 851 000
Total Current Assets	2 656 000	3 593 000	3 003 000	2 689 000
Total Assets	5 697 000	6 915 000	6 606 000	6 540 000
Total Retained Equity	3 396 000	2 706 000	4 423 000	4 302 000
Total Equity	5 162 000	4 472 000	6 189 000	6 068 000
Total Long-Term Debt	135 000	169 000	201 000	231 000
Total Current Debt	399 000	2 274 000	216 000	241 000
Total Equity and Debt	5 697 000	6 915 000	6 606 000	6 540 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	29 000
Other Income	1 913 000	1 820 000	1 698 000	1 777 000
Revenue	1 913 000	1 820 000	1 698 000	1 806 000
Cost of Goods Sold	0	0	0	0
Salary Costs	683 000	1 074 000	631 000	631 000
Depreciation	281 000	281 000	281 000	282 000
Impairment	0	0	0	0
Expenditure	1 073 000	1 496 000	1 020 000	1 044 000
Operating Profit	840 000	325 000	679 000	763 000
Financial Income	44 000	38 000	53 000	59 000
Financial Costs	0	0	0	1 000
Financial Balance	44 000	38 000	53 000	58 000
Dividends	0	0	0	0
Net Income	690 000	283 000	571 000	640 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 028 000	3 300 000	3 572 000	3 811 000
Machinery and Plant Facilities	13 000	22 000	30 000	40 000
Fixtures	0	0	0	0
Total Tangible Assets	3 041 000	3 322 000	3 603 000	3 851 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 041 000	3 322 000	3 603 000	3 851 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 655 000	3 582 000	2 995 000	2 648 000
Total Current Assets	2 656 000	3 593 000	3 003 000	2 689 000
Total Assets	5 697 000	6 915 000	6 606 000	6 540 000
Total Equity	5 162 000	4 472 000	6 189 000	6 068 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	135 000	169 000	201 000	231 000
Creditors	0	21 000	0	30 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	171 000	141 000	25 000	2 000
Total Current Debt	399 000	2 274 000	216 000	241 000
Total Equity and Debt	5 697 000	6 915 000	6 606 000	6 540 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,37 %	6,33 %	9,23 %	10,55 %
Debt-to-Equity Ratio	0,03	0,04	0,03	0,04
Operating Profit Margin	43,91 %	17,86 %	39,99 %	42,25 %
Current Ratio	6,66	1,58	13,9	11,16
Quick Ratio	6,66	1,58	13,9	11,16
Equity Ratio	0,91	0,65	0,94	0,93
Gross Profit Margin	100 %	100 %	100 %	100 %