CORDINA AS

3095 EIDSFOSS

Finances

Share Ownership

Return on Equity

98,95 %

Current Ratio

1,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 880 000	5 756 000	11 680 000	25 620 000
Net Income	15 970 000	23 000	−376 000	7 621 000
Total Assets	31 034 000	4 346 000	4 832 000	13 295 000
Total Equity	16 139 000	169 000	1 646 000	8 022 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 880 000	5 756 000	11 680 000	25 620 000
Expenditure	39 675 000	5 716 000	12 236 000	15 305 000
Operating Profit	20 206 000	40 000	−555 000	10 314 000
Financial Income	0	0	1 000	4 000
Financial Costs	87 000	16 000	21 000	29 000
Financial Balance	−87 000	−16 000	−20 000	−25 000
Earnings Before Tax	20 119 000	23 000	−574 000	10 289 000
Tax	4 149 000	0	−198 000	2 669 000
Net Income	15 970 000	23 000	−376 000	7 621 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 418 000	2 510 000	3 358 000	3 189 000
Total Current Assets	27 616 000	1 836 000	1 473 000	10 106 000
Total Assets	31 034 000	4 346 000	4 832 000	13 295 000
Total Retained Equity	16 039 000	69 000	1 546 000	7 922 000
Total Equity	16 139 000	169 000	1 646 000	8 022 000
Total Long-Term Debt	0	550 000	1 400 000	1 200 000
Total Current Debt	14 895 000	3 627 000	1 786 000	4 073 000
Total Equity and Debt	31 034 000	4 346 000	4 832 000	13 295 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 701 000	5 756 000	11 652 000	25 432 000
Other Income	179 000	0	28 000	189 000
Revenue	59 880 000	5 756 000	11 680 000	25 620 000
Cost of Goods Sold	31 536 000	2 898 000	7 422 000	8 723 000
Salary Costs	5 772 000	2 073 000	2 987 000	3 788 000
Depreciation	911 000	848 000	717 000	551 000
Impairment	0	0	0	0
Expenditure	39 675 000	5 716 000	12 236 000	15 305 000
Operating Profit	20 206 000	40 000	−555 000	10 314 000
Financial Income	0	0	1 000	4 000
Financial Costs	87 000	16 000	21 000	29 000
Financial Balance	−87 000	−16 000	−20 000	−25 000
Dividends	0	0	0	0
Net Income	15 970 000	23 000	−376 000	7 621 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	235 000	273 000	310 000	348 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 183 000	2 238 000	3 048 000	2 841 000
Total Tangible Assets	3 418 000	2 510 000	3 358 000	3 189 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 418 000	2 510 000	3 358 000	3 189 000
Stock	131 000	131 000	0	1 014 000
Total Investments	0	0	0	0
Cash, Bank	26 867 000	1 635 000	823 000	8 969 000
Total Current Assets	27 616 000	1 836 000	1 473 000	10 106 000
Total Assets	31 034 000	4 346 000	4 832 000	13 295 000
Total Equity	16 139 000	169 000	1 646 000	8 022 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	550 000	1 400 000	1 200 000
Creditors	522 000	0	195 000	194 000
Unpaid Taxes	7 678 000	238 000	279 000	809 000
Dividends	0	0	0	0
Other Current Debt	1 046 000	1 889 000	1 311 000	389 000
Total Current Debt	14 895 000	3 627 000	1 786 000	4 073 000
Total Equity and Debt	31 034 000	4 346 000	4 832 000	13 295 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,95 %	13,61 %	−22,84 %	95 %
Debt-to-Equity Ratio	0	3,25	0,85	0,15
Operating Profit Margin	33,74 %	0,69 %	−4,75 %	40,26 %
Current Ratio	1,85	0,51	0,82	2,48
Quick Ratio	1,87	0,53	0,82	3,3
Equity Ratio	0,52	0,04	0,34	0,6
Gross Profit Margin	47,33 %	49,65 %	36,46 %	65,95 %