KORSHOLMEN & ODDEN AS

6570 SMØLA

Finances

Return on Equity

18,32 %

Current Ratio

9,66

Debt-to-Equity Ratio

11,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	394 000	210 000	0	275 000
Net Income	111 000	−22 000	−301 000	−39 000
Total Assets	7 514 000	5 429 000	6 398 000	6 954 000
Total Equity	606 000	496 000	518 000	1 813 000

Income (NOK)	2022	2021	2020	2019
Revenue	394 000	210 000	0	275 000
Expenditure	115 000	84 000	210 000	181 000
Operating Profit	279 000	126 000	−210 000	95 000
Financial Income	0	0	0	0
Financial Costs	137 000	143 000	182 000	144 000
Financial Balance	−137 000	−143 000	−182 000	−144 000
Earnings Before Tax	142 000	−17 000	−392 000	−49 000
Tax	31 000	6 000	−91 000	−11 000
Net Income	111 000	−22 000	−301 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 336 000	5 073 000	5 595 000	6 480 000
Total Current Assets	1 178 000	356 000	802 000	474 000
Total Assets	7 514 000	5 429 000	6 398 000	6 954 000
Total Retained Equity	−994 000	−1 104 000	−1 082 000	213 000
Total Equity	606 000	496 000	518 000	1 813 000
Total Long-Term Debt	6 785 000	4 827 000	5 791 000	5 112 000
Total Current Debt	122 000	106 000	89 000	28 000
Total Equity and Debt	7 514 000	5 429 000	6 398 000	6 954 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	392 000	191 000	0	0
Other Income	2 000	19 000	0	275 000
Revenue	394 000	210 000	0	275 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	43 000	42 000	0	50 000
Impairment	0	0	0	0
Expenditure	115 000	84 000	210 000	181 000
Operating Profit	279 000	126 000	−210 000	95 000
Financial Income	0	0	0	0
Financial Costs	137 000	143 000	182 000	144 000
Financial Balance	−137 000	−143 000	−182 000	−144 000
Dividends	0	0	0	0
Net Income	111 000	−22 000	−301 000	−39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	546 000
Real Eastate	5 976 000	4 694 000	5 180 000	5 518 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	280 000	298 000	315 000	315 000
Total Tangible Assets	6 336 000	5 073 000	5 595 000	5 933 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 336 000	5 073 000	5 595 000	6 480 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	2 000	2 000	3 000
Total Current Assets	1 178 000	356 000	802 000	474 000
Total Assets	7 514 000	5 429 000	6 398 000	6 954 000
Total Equity	606 000	496 000	518 000	1 813 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 785 000	4 827 000	5 791 000	5 112 000
Creditors	37 000	0	0	0
Unpaid Taxes	0	0	24 000	19 000
Dividends	0	0	0	0
Other Current Debt	65 000	106 000	65 000	0
Total Current Debt	122 000	106 000	89 000	28 000
Total Equity and Debt	7 514 000	5 429 000	6 398 000	6 954 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,32 %	−4,44 %	−58,11 %	−2,15 %
Debt-to-Equity Ratio	11,2	9,73	11,18	2,82
Operating Profit Margin	70,81 %	60 %	-	34,55 %
Current Ratio	9,66	3,36	9,01	16,93
Quick Ratio	9,66	3,36	9,01	16,93
Equity Ratio	0,08	0,09	0,08	0,26
Gross Profit Margin	100 %	100 %	-	100 %