KORTA II BORETTSLAG

2815 GJØVIK

Finances

Share Ownership

Return on Equity

13,99 %

Current Ratio

11,48

Debt-to-Equity Ratio

1,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	654 000	646 000	596 000	567 000
Net Income	140 000	159 000	−98 000	115 000
Total Assets	2 517 000	2 354 000	2 257 000	1 876 000
Total Equity	1 001 000	861 000	702 000	801 000

Income (NOK)	2022	2021	2020	2019
Revenue	654 000	646 000	596 000	567 000
Expenditure	487 000	472 000	681 000	443 000
Operating Profit	167 000	174 000	−85 000	124 000
Financial Income	5 000	4 000	6 000	13 000
Financial Costs	31 000	19 000	19 000	22 000
Financial Balance	−26 000	−15 000	−13 000	−9 000
Earnings Before Tax	140 000	159 000	−98 000	115 000
Tax	0	0	0	0
Net Income	140 000	159 000	−98 000	115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 795 000	1 795 000	1 795 000	1 064 000
Total Current Assets	723 000	560 000	463 000	811 000
Total Assets	2 517 000	2 354 000	2 257 000	1 876 000
Total Retained Equity	1 000 000	859 000	701 000	799 000
Total Equity	1 001 000	861 000	702 000	801 000
Total Long-Term Debt	1 453 000	1 484 000	1 519 000	998 000
Total Current Debt	63 000	10 000	37 000	77 000
Total Equity and Debt	2 517 000	2 354 000	2 257 000	1 876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	654 000	646 000	596 000	567 000
Revenue	654 000	646 000	596 000	567 000
Cost of Goods Sold	0	0	0	0
Salary Costs	17 000	17 000	18 000	18 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	487 000	472 000	681 000	443 000
Operating Profit	167 000	174 000	−85 000	124 000
Financial Income	5 000	4 000	6 000	13 000
Financial Costs	31 000	19 000	19 000	22 000
Financial Balance	−26 000	−15 000	−13 000	−9 000
Dividends	0	0	0	0
Net Income	140 000	159 000	−98 000	115 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 795 000	1 795 000	1 795 000	1 064 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 795 000	1 795 000	1 795 000	1 064 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 795 000	1 795 000	1 795 000	1 064 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	663 000	517 000	422 000	709 000
Total Current Assets	723 000	560 000	463 000	811 000
Total Assets	2 517 000	2 354 000	2 257 000	1 876 000
Total Equity	1 001 000	861 000	702 000	801 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 453 000	1 484 000	1 519 000	998 000
Creditors	42 000	3 000	36 000	77 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	20 000	7 000	1 000	0
Total Current Debt	63 000	10 000	37 000	77 000
Total Equity and Debt	2 517 000	2 354 000	2 257 000	1 876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,99 %	18,47 %	−13,96 %	14,36 %
Debt-to-Equity Ratio	1,45	1,72	2,16	1,25
Operating Profit Margin	25,54 %	26,93 %	−14,26 %	21,87 %
Current Ratio	11,48	56	12,51	10,53
Quick Ratio	11,48	56	12,51	10,53
Equity Ratio	0,4	0,37	0,31	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %