EIK KORSALEN BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

5,72 %

Current Ratio

17,94

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	603 000	603 000	556 000	526 000
Net Income	245 000	295 000	302 000	263 000
Total Assets	5 912 000	5 675 000	5 428 000	5 375 000
Total Equity	4 282 000	4 037 000	3 742 000	3 440 000

Income (NOK)	2022	2021	2020	2019
Revenue	603 000	603 000	556 000	526 000
Expenditure	355 000	308 000	247 000	250 000
Operating Profit	248 000	295 000	308 000	276 000
Financial Income	2 000	5 000	0	0
Financial Costs	5 000	5 000	7 000	13 000
Financial Balance	−3 000	0	−7 000	−13 000
Earnings Before Tax	245 000	295 000	302 000	263 000
Tax	0	0	0	0
Net Income	245 000	295 000	302 000	263 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 320 000	5 280 000	5 244 000	5 233 000
Total Current Assets	592 000	395 000	185 000	142 000
Total Assets	5 912 000	5 675 000	5 428 000	5 375 000
Total Retained Equity	4 281 000	4 036 000	3 741 000	3 439 000
Total Equity	4 282 000	4 037 000	3 742 000	3 440 000
Total Long-Term Debt	1 597 000	1 605 000	1 658 000	1 905 000
Total Current Debt	33 000	33 000	29 000	30 000
Total Equity and Debt	5 912 000	5 675 000	5 428 000	5 375 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	603 000	603 000	556 000	526 000
Revenue	603 000	603 000	556 000	526 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 000	16 000	15 000	9 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	355 000	308 000	247 000	250 000
Operating Profit	248 000	295 000	308 000	276 000
Financial Income	2 000	5 000	0	0
Financial Costs	5 000	5 000	7 000	13 000
Financial Balance	−3 000	0	−7 000	−13 000
Dividends	0	0	0	0
Net Income	245 000	295 000	302 000	263 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 223 000	5 223 000	5 223 000	5 223 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 223 000	5 223 000	5 223 000	5 223 000
Total Fiancial Fixed Assets	96 000	56 000	20 000	10 000
Total Fixed Assets	5 320 000	5 280 000	5 244 000	5 233 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	543 000	343 000	124 000	93 000
Total Current Assets	592 000	395 000	185 000	142 000
Total Assets	5 912 000	5 675 000	5 428 000	5 375 000
Total Equity	4 282 000	4 037 000	3 742 000	3 440 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 597 000	1 605 000	1 658 000	1 905 000
Creditors	33 000	33 000	28 000	29 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	1 000
Total Current Debt	33 000	33 000	29 000	30 000
Total Equity and Debt	5 912 000	5 675 000	5 428 000	5 375 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,72 %	7,31 %	8,07 %	7,65 %
Debt-to-Equity Ratio	0,37	0,4	0,44	0,55
Operating Profit Margin	41,13 %	48,92 %	55,4 %	52,47 %
Current Ratio	17,94	11,97	6,38	4,73
Quick Ratio	17,94	11,97	6,38	4,73
Equity Ratio	0,72	0,71	0,69	0,64
Gross Profit Margin	100 %	100 %	100 %	100 %