CORNADO AS

7018 TRONDHEIM

Finances

Share Ownership

Return on Equity

14,55 %

Current Ratio

1,77

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 340 000	1 295 000	1 281 000	1 398 000
Net Income	749 000	716 000	641 000	825 000
Total Assets	6 491 000	6 673 000	6 936 000	7 433 000
Total Equity	5 146 000	5 261 000	5 404 000	5 582 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 340 000	1 295 000	1 281 000	1 398 000
Expenditure	437 000	430 000	520 000	341 000
Operating Profit	903 000	865 000	761 000	1 057 000
Financial Income	58 000	53 000	62 000	1 000
Financial Costs	0	0	1 000	1 000
Financial Balance	58 000	53 000	61 000	0
Earnings Before Tax	961 000	918 000	822 000	1 058 000
Tax	211 000	202 000	181 000	233 000
Net Income	749 000	716 000	641 000	825 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 335 000	4 335 000	4 335 000	4 335 000
Total Current Assets	2 156 000	2 339 000	2 602 000	3 098 000
Total Assets	6 491 000	6 673 000	6 936 000	7 433 000
Total Retained Equity	4 846 000	4 961 000	5 104 000	5 282 000
Total Equity	5 146 000	5 261 000	5 404 000	5 582 000
Total Long-Term Debt	129 000	161 000	202 000	252 000
Total Current Debt	1 216 000	1 251 000	1 331 000	1 599 000
Total Equity and Debt	6 491 000	6 673 000	6 936 000	7 433 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 340 000	1 295 000	1 281 000	1 398 000
Revenue	1 340 000	1 295 000	1 281 000	1 398 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	437 000	430 000	520 000	341 000
Operating Profit	903 000	865 000	761 000	1 057 000
Financial Income	58 000	53 000	62 000	1 000
Financial Costs	0	0	1 000	1 000
Financial Balance	58 000	53 000	61 000	0
Dividends	0	0	0	0
Net Income	749 000	716 000	641 000	825 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 335 000	4 335 000	4 335 000	4 335 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 335 000	4 335 000	4 335 000	4 335 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 335 000	4 335 000	4 335 000	4 335 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	237 000	173 000	72 000	61 000
Total Current Assets	2 156 000	2 339 000	2 602 000	3 098 000
Total Assets	6 491 000	6 673 000	6 936 000	7 433 000
Total Equity	5 146 000	5 261 000	5 404 000	5 582 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	129 000	161 000	202 000	252 000
Creditors	36 000	24 000	218 000	197 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 180 000	1 227 000	1 113 000	1 402 000
Total Current Debt	1 216 000	1 251 000	1 331 000	1 599 000
Total Equity and Debt	6 491 000	6 673 000	6 936 000	7 433 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,55 %	13,61 %	11,86 %	14,78 %
Debt-to-Equity Ratio	0,03	0,03	0,04	0,05
Operating Profit Margin	67,39 %	66,8 %	59,41 %	75,61 %
Current Ratio	1,77	1,87	1,95	1,94
Quick Ratio	1,77	1,87	1,95	1,94
Equity Ratio	0,79	0,79	0,78	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %