PETTER KORSETH AS

0260 OSLO

Finances

Share Ownership

Return on Equity

86,43 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 459 000	4 201 000	3 928 000	4 105 000
Net Income	1 713 000	986 000	1 036 000	605 000
Total Assets	4 346 000	4 491 000	4 461 000	4 060 000
Total Equity	1 982 000	2 868 000	2 882 000	3 447 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 459 000	4 201 000	3 928 000	4 105 000
Expenditure	3 275 000	2 931 000	2 598 000	3 343 000
Operating Profit	2 185 000	1 269 000	1 329 000	762 000
Financial Income	28 000	6 000	10 000	23 000
Financial Costs	12 000	11 000	10 000	9 000
Financial Balance	16 000	−5 000	0	14 000
Earnings Before Tax	2 201 000	1 264 000	1 329 000	776 000
Tax	488 000	278 000	293 000	171 000
Net Income	1 713 000	986 000	1 036 000	605 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	490 000	612 000	135 000	168 000
Total Current Assets	3 856 000	3 879 000	4 326 000	3 892 000
Total Assets	4 346 000	4 491 000	4 461 000	4 060 000
Total Retained Equity	1 882 000	2 768 000	2 782 000	3 347 000
Total Equity	1 982 000	2 868 000	2 882 000	3 447 000
Total Long-Term Debt	1 000	1 000	1 000	2 000
Total Current Debt	2 364 000	1 622 000	1 577 000	612 000
Total Equity and Debt	4 346 000	4 491 000	4 461 000	4 060 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	227 000	124 000	98 000	32 000
Other Income	5 233 000	4 077 000	3 830 000	4 073 000
Revenue	5 459 000	4 201 000	3 928 000	4 105 000
Cost of Goods Sold	191 000	106 000	126 000	163 000
Salary Costs	2 079 000	1 970 000	1 757 000	2 129 000
Depreciation	122 000	153 000	34 000	42 000
Impairment	0	0	0	0
Expenditure	3 275 000	2 931 000	2 598 000	3 343 000
Operating Profit	2 185 000	1 269 000	1 329 000	762 000
Financial Income	28 000	6 000	10 000	23 000
Financial Costs	12 000	11 000	10 000	9 000
Financial Balance	16 000	−5 000	0	14 000
Dividends	1 500 000	0	1 000 000	0
Net Income	1 713 000	986 000	1 036 000	605 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	490 000	612 000	135 000	168 000
Total Tangible Assets	490 000	612 000	135 000	168 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	490 000	612 000	135 000	168 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 425 000	3 623 000	3 986 000	3 226 000
Total Current Assets	3 856 000	3 879 000	4 326 000	3 892 000
Total Assets	4 346 000	4 491 000	4 461 000	4 060 000
Total Equity	1 982 000	2 868 000	2 882 000	3 447 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	1 000	1 000	2 000
Creditors	16 000	14 000	15 000	89 000
Unpaid Taxes	163 000	153 000	105 000	143 000
Dividends	1 500 000	0	1 000 000	0
Other Current Debt	1 697 000	1 176 000	1 163 000	209 000
Total Current Debt	2 364 000	1 622 000	1 577 000	612 000
Total Equity and Debt	4 346 000	4 491 000	4 461 000	4 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,43 %	34,38 %	35,95 %	17,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	40,03 %	30,21 %	33,83 %	18,56 %
Current Ratio	1,63	2,39	2,74	6,36
Quick Ratio	1,63	2,39	2,74	6,36
Equity Ratio	0,46	0,64	0,65	0,85
Gross Profit Margin	96,5 %	97,48 %	96,79 %	96,03 %