KORTNES GARTNERI AS

3405 LIER

Finances

Return on Equity

50,28 %

Current Ratio

4,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 221 000	9 281 000	9 914 000	7 795 000
Net Income	1 069 000	−965 000	1 054 000	−516 000
Total Assets	2 737 000	3 139 000	4 412 000	1 929 000
Total Equity	2 126 000	1 057 000	2 022 000	969 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 221 000	9 281 000	9 914 000	7 795 000
Expenditure	7 141 000	10 278 000	8 715 000	8 353 000
Operating Profit	1 080 000	−997 000	1 199 000	−558 000
Financial Income	26 000	32 000	21 000	44 000
Financial Costs	10 000	0	8 000	3 000
Financial Balance	16 000	32 000	13 000	41 000
Earnings Before Tax	1 097 000	−965 000	1 212 000	−516 000
Tax	28 000	0	158 000	0
Net Income	1 069 000	−965 000	1 054 000	−516 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	27 000	60 000	43 000
Total Current Assets	2 732 000	3 113 000	4 353 000	1 886 000
Total Assets	2 737 000	3 139 000	4 412 000	1 929 000
Total Retained Equity	2 026 000	957 000	1 922 000	869 000
Total Equity	2 126 000	1 057 000	2 022 000	969 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	611 000	2 082 000	2 390 000	961 000
Total Equity and Debt	2 737 000	3 139 000	4 412 000	1 929 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 846 000	9 111 000	9 754 000	7 651 000
Other Income	375 000	170 000	159 000	144 000
Revenue	8 221 000	9 281 000	9 914 000	7 795 000
Cost of Goods Sold	1 762 000	2 516 000	2 443 000	1 699 000
Salary Costs	2 050 000	2 885 000	3 247 000	2 953 000
Depreciation	22 000	33 000	32 000	39 000
Impairment	0	0	0	0
Expenditure	7 141 000	10 278 000	8 715 000	8 353 000
Operating Profit	1 080 000	−997 000	1 199 000	−558 000
Financial Income	26 000	32 000	21 000	44 000
Financial Costs	10 000	0	8 000	3 000
Financial Balance	16 000	32 000	13 000	41 000
Dividends	0	0	0	0
Net Income	1 069 000	−965 000	1 054 000	−516 000

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	5 000	27 000	60 000	43 000
Total Tangible Assets	5 000	27 000	60 000	43 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	27 000	60 000	43 000
Stock	276 000	436 000	876 000	1 080 000
Total Investments	0	0	0	0
Cash, Bank	62 000	1 135 000	2 242 000	62 000
Total Current Assets	2 732 000	3 113 000	4 353 000	1 886 000
Total Assets	2 737 000	3 139 000	4 412 000	1 929 000
Total Equity	2 126 000	1 057 000	2 022 000	969 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	150 000	760 000	664 000	532 000
Unpaid Taxes	66 000	215 000	936 000	257 000
Dividends	0	0	0	0
Other Current Debt	367 000	1 106 000	631 000	172 000
Total Current Debt	611 000	2 082 000	2 390 000	961 000
Total Equity and Debt	2 737 000	3 139 000	4 412 000	1 929 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,28 %	−91,3 %	52,13 %	−53,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,14 %	−10,74 %	12,09 %	−7,16 %
Current Ratio	4,47	1,5	1,82	1,96
Quick Ratio	8,16	1,89	2,88	−15,85
Equity Ratio	0,78	0,34	0,46	0,5
Gross Profit Margin	78,57 %	72,89 %	75,36 %	78,2 %