KORTEN EIENDOM AS

3917 PORSGRUNN

Finances

Share Ownership

Return on Equity

34,91 %

Current Ratio

19,48

Debt-to-Equity Ratio

−1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−3 297 000	−878 000	−798 000	−581 000
Total Assets	4 442 000	6 305 000	4 754 000	2 681 000
Total Equity	−9 443 000	−6 146 000	−5 268 000	−4 470 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	591 000	589 000	603 000	404 000
Operating Profit	−591 000	−589 000	−603 000	−404 000
Financial Income	7 000	0	1 000	0
Financial Costs	554 000	537 000	421 000	341 000
Financial Balance	−547 000	−537 000	−420 000	−341 000
Earnings Before Tax	−1 138 000	−1 126 000	−1 023 000	−745 000
Tax	2 159 000	−248 000	−225 000	−164 000
Net Income	−3 297 000	−878 000	−798 000	−581 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 916 000	5 494 000	3 918 000	2 671 000
Total Current Assets	526 000	812 000	835 000	11 000
Total Assets	4 442 000	6 305 000	4 754 000	2 681 000
Total Retained Equity	−10 943 000	−7 646 000	−6 768 000	−5 970 000
Total Equity	−9 443 000	−6 146 000	−5 268 000	−4 470 000
Total Long-Term Debt	13 859 000	12 204 000	9 968 000	7 147 000
Total Current Debt	27 000	247 000	54 000	5 000
Total Equity and Debt	4 442 000	6 305 000	4 754 000	2 681 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	591 000	589 000	603 000	404 000
Operating Profit	−591 000	−589 000	−603 000	−404 000
Financial Income	7 000	0	1 000	0
Financial Costs	554 000	537 000	421 000	341 000
Financial Balance	−547 000	−537 000	−420 000	−341 000
Dividends	0	0	0	0
Net Income	−3 297 000	−878 000	−798 000	−581 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 159 000	1 911 000	1 686 000
Real Eastate	3 916 000	3 335 000	2 007 000	985 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 916 000	3 335 000	2 007 000	985 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 916 000	5 494 000	3 918 000	2 671 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	552 000	835 000	11 000
Total Current Assets	526 000	812 000	835 000	11 000
Total Assets	4 442 000	6 305 000	4 754 000	2 681 000
Total Equity	−9 443 000	−6 146 000	−5 268 000	−4 470 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 859 000	12 204 000	9 968 000	7 147 000
Creditors	27 000	247 000	54 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	27 000	247 000	54 000	5 000
Total Equity and Debt	4 442 000	6 305 000	4 754 000	2 681 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,91 %	14,29 %	15,15 %	13 %
Debt-to-Equity Ratio	−1,47	−1,99	−1,89	−1,6
Operating Profit Margin	-	-	-	-
Current Ratio	19,48	3,29	15,46	2,2
Quick Ratio	19,48	3,29	15,46	2,2
Equity Ratio	−2,13	−0,97	−1,11	−1,67
Gross Profit Margin	-	-	-	-