CORMATE AS

1458 FJELLSTRAND

Finances

Share Ownership

Return on Equity

127,09 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	87 497 000	82 679 000	48 686 000	38 029 000
Net Income	12 554 000	12 313 000	7 889 000	4 442 000
Total Assets	44 357 000	58 529 000	37 626 000	23 272 000
Total Equity	9 878 000	7 458 000	22 958 000	16 890 000

Income (NOK)	2022	2021	2020	2019
Revenue	87 497 000	82 679 000	48 686 000	38 029 000
Expenditure	71 379 000	66 713 000	44 881 000	32 340 000
Operating Profit	16 118 000	15 965 000	3 805 000	5 689 000
Financial Income	659 000	260 000	5 144 000	112 000
Financial Costs	814 000	432 000	195 000	106 000
Financial Balance	−155 000	−172 000	4 949 000	6 000
Earnings Before Tax	15 962 000	15 794 000	8 754 000	5 694 000
Tax	3 408 000	3 481 000	865 000	1 252 000
Net Income	12 554 000	12 313 000	7 889 000	4 442 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 003 000	6 870 000	4 260 000	3 130 000
Total Current Assets	35 355 000	51 659 000	33 366 000	20 142 000
Total Assets	44 357 000	58 529 000	37 626 000	23 272 000
Total Retained Equity	2 420 000	0	22 578 000	16 510 000
Total Equity	9 878 000	7 458 000	22 958 000	16 890 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	34 479 000	51 071 000	14 667 000	6 382 000
Total Equity and Debt	44 357 000	58 529 000	37 626 000	23 272 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	87 401 000	82 507 000	48 630 000	37 804 000
Other Income	96 000	172 000	56 000	225 000
Revenue	87 497 000	82 679 000	48 686 000	38 029 000
Cost of Goods Sold	52 739 000	53 875 000	34 759 000	24 826 000
Salary Costs	9 592 000	7 498 000	5 813 000	3 855 000
Depreciation	2 277 000	1 017 000	898 000	668 000
Impairment	0	0	0	0
Expenditure	71 379 000	66 713 000	44 881 000	32 340 000
Operating Profit	16 118 000	15 965 000	3 805 000	5 689 000
Financial Income	659 000	260 000	5 144 000	112 000
Financial Costs	814 000	432 000	195 000	106 000
Financial Balance	−155 000	−172 000	4 949 000	6 000
Dividends	0	0	1 820 000	0
Net Income	12 554 000	12 313 000	7 889 000	4 442 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	63 000	103 000	177 000	161 000
Real Eastate	0	0	100 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 940 000	6 767 000	3 974 000	2 959 000
Total Tangible Assets	8 940 000	6 767 000	4 074 000	2 959 000
Total Fiancial Fixed Assets	0	0	10 000	10 000
Total Fixed Assets	9 003 000	6 870 000	4 260 000	3 130 000
Stock	24 516 000	11 673 000	8 299 000	5 407 000
Total Investments	0	0	0	0
Cash, Bank	1 838 000	13 359 000	17 412 000	10 078 000
Total Current Assets	35 355 000	51 659 000	33 366 000	20 142 000
Total Assets	44 357 000	58 529 000	37 626 000	23 272 000
Total Equity	9 878 000	7 458 000	22 958 000	16 890 000
Short-Term Group Debt	27 933 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 400 000	4 012 000	1 799 000	2 590 000
Unpaid Taxes	1 284 000	2 628 000	1 796 000	1 001 000
Dividends	0	0	1 820 000	0
Other Current Debt	3 864 000	44 431 000	10 192 000	1 743 000
Total Current Debt	34 479 000	51 071 000	14 667 000	6 382 000
Total Equity and Debt	44 357 000	58 529 000	37 626 000	23 272 000

Financial indicators	2022	2021	2020	2019
Return on Equity	127,09 %	165,1 %	34,36 %	26,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,42 %	19,31 %	7,82 %	14,96 %
Current Ratio	1,03	1,01	2,27	3,16
Quick Ratio	3,55	1,31	5,24	20,66
Equity Ratio	0,22	0,13	0,61	0,73
Gross Profit Margin	39,72 %	34,84 %	28,61 %	34,72 %