NORGES KORFORBUND

0158 OSLO

Finances

Share Ownership

Return on Equity

−16,67 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 190 000	38 007 000	42 298 000	45 025 000
Net Income	−1 018 000	−293 000	1 451 000	748 000
Total Assets	22 099 000	24 858 000	20 487 000	17 169 000
Total Equity	6 107 000	7 285 000	7 372 000	5 940 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 190 000	38 007 000	42 298 000	45 025 000
Expenditure	44 211 000	38 295 000	40 843 000	44 287 000
Operating Profit	−1 021 000	−289 000	1 454 000	738 000
Financial Income	7 000	4 000	0	15 000
Financial Costs	4 000	8 000	3 000	6 000
Financial Balance	3 000	−4 000	−3 000	9 000
Earnings Before Tax	−1 018 000	−293 000	1 451 000	748 000
Tax	0	0	0	0
Net Income	−1 018 000	−293 000	1 451 000	748 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 039 000	1 792 000	411 000	644 000
Total Current Assets	21 060 000	23 066 000	20 075 000	16 525 000
Total Assets	22 099 000	24 858 000	20 487 000	17 169 000
Total Retained Equity	6 107 000	7 285 000	7 372 000	5 940 000
Total Equity	6 107 000	7 285 000	7 372 000	5 940 000
Total Long-Term Debt	104 000	−42 000	214 000	207 000
Total Current Debt	15 888 000	17 615 000	12 901 000	11 022 000
Total Equity and Debt	22 099 000	24 858 000	20 487 000	17 169 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 774 000	2 071 000	1 214 000	602 000
Other Income	41 416 000	35 936 000	41 084 000	44 423 000
Revenue	43 190 000	38 007 000	42 298 000	45 025 000
Cost of Goods Sold	27 000	34 000	0	0
Salary Costs	10 120 000	9 004 000	8 942 000	8 951 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	44 211 000	38 295 000	40 843 000	44 287 000
Operating Profit	−1 021 000	−289 000	1 454 000	738 000
Financial Income	7 000	4 000	0	15 000
Financial Costs	4 000	8 000	3 000	6 000
Financial Balance	3 000	−4 000	−3 000	9 000
Dividends	0	0	0	0
Net Income	−1 018 000	−293 000	1 451 000	748 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 039 000	1 465 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	86 000	319 000
Total Tangible Assets	0	0	86 000	319 000
Total Fiancial Fixed Assets	0	327 000	325 000	325 000
Total Fixed Assets	1 039 000	1 792 000	411 000	644 000
Stock	17 000	11 000	11 000	22 000
Total Investments	0	0	0	0
Cash, Bank	20 090 000	21 365 000	19 465 000	15 725 000
Total Current Assets	21 060 000	23 066 000	20 075 000	16 525 000
Total Assets	22 099 000	24 858 000	20 487 000	17 169 000
Total Equity	6 107 000	7 285 000	7 372 000	5 940 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	104 000	−42 000	214 000	207 000
Creditors	193 000	13 000	305 000	578 000
Unpaid Taxes	673 000	547 000	564 000	633 000
Dividends	0	0	0	0
Other Current Debt	15 022 000	17 055 000	12 032 000	9 811 000
Total Current Debt	15 888 000	17 615 000	12 901 000	11 022 000
Total Equity and Debt	22 099 000	24 858 000	20 487 000	17 169 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,67 %	−4,02 %	19,68 %	12,59 %
Debt-to-Equity Ratio	0,02	−0,01	0,03	0,03
Operating Profit Margin	−2,36 %	−0,76 %	3,44 %	1,64 %
Current Ratio	1,33	1,31	1,56	1,5
Quick Ratio	1,33	1,31	1,56	1,5
Equity Ratio	0,28	0,29	0,36	0,35
Gross Profit Margin	99,94 %	99,91 %	100 %	100 %