STIFTELSEN KORSVEI

0165 OSLO

Finances

Share Ownership

Return on Equity

−8,63 %

Current Ratio

13,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 016 000	2 904 000	570 000	4 230 000
Net Income	−173 000	40 000	−266 000	74 000
Total Assets	2 141 000	2 309 000	2 239 000	2 520 000
Total Equity	2 005 000	2 178 000	2 137 000	2 404 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 016 000	2 904 000	570 000	4 230 000
Expenditure	1 143 000	2 883 000	913 000	4 151 000
Operating Profit	−127 000	21 000	−343 000	79 000
Financial Income	3 000	19 000	77 000	117 000
Financial Costs	49 000	0	0	122 000
Financial Balance	−46 000	19 000	77 000	−5 000
Earnings Before Tax	−173 000	40 000	−266 000	74 000
Tax	0	0	0	0
Net Income	−173 000	40 000	−266 000	74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	284 000	338 000	325 000	255 000
Total Current Assets	1 857 000	1 971 000	1 914 000	2 265 000
Total Assets	2 141 000	2 309 000	2 239 000	2 520 000
Total Retained Equity	2 005 000	2 178 000	2 137 000	2 404 000
Total Equity	2 005 000	2 178 000	2 137 000	2 404 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	137 000	132 000	102 000	117 000
Total Equity and Debt	2 141 000	2 309 000	2 239 000	2 520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	786 000	2 168 000	301 000	4 183 000
Other Income	231 000	736 000	269 000	47 000
Revenue	1 016 000	2 904 000	570 000	4 230 000
Cost of Goods Sold	13 000	252 000	82 000	1 446 000
Salary Costs	553 000	581 000	547 000	608 000
Depreciation	5 000	5 000	5 000	3 000
Impairment	0	0	0	0
Expenditure	1 143 000	2 883 000	913 000	4 151 000
Operating Profit	−127 000	21 000	−343 000	79 000
Financial Income	3 000	19 000	77 000	117 000
Financial Costs	49 000	0	0	122 000
Financial Balance	−46 000	19 000	77 000	−5 000
Dividends	0	0	0	0
Net Income	−173 000	40 000	−266 000	74 000

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	7 000	12 000	17 000	22 000
Total Tangible Assets	7 000	12 000	17 000	22 000
Total Fiancial Fixed Assets	277 000	326 000	308 000	233 000
Total Fixed Assets	284 000	338 000	325 000	255 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 818 000	1 950 000	1 910 000	2 252 000
Total Current Assets	1 857 000	1 971 000	1 914 000	2 265 000
Total Assets	2 141 000	2 309 000	2 239 000	2 520 000
Total Equity	2 005 000	2 178 000	2 137 000	2 404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	39 000	4 000	11 000	10 000
Unpaid Taxes	33 000	38 000	39 000	20 000
Dividends	0	0	0	0
Other Current Debt	64 000	88 000	53 000	87 000
Total Current Debt	137 000	132 000	102 000	117 000
Total Equity and Debt	2 141 000	2 309 000	2 239 000	2 520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,63 %	1,84 %	−12,45 %	3,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−12,5 %	0,72 %	−60,18 %	1,87 %
Current Ratio	13,55	14,93	18,76	19,36
Quick Ratio	13,55	14,93	18,76	19,36
Equity Ratio	0,94	0,94	0,95	0,95
Gross Profit Margin	98,72 %	91,32 %	85,61 %	65,82 %