CORTADO AS

3074 SANDE I VESTFOLD

Finances

Share Ownership

Return on Equity

−4,71 %

Current Ratio

2,85

Debt-to-Equity Ratio

1,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 929 000	5 384 000	6 742 000	5 632 000
Net Income	−47 000	302 000	443 000	−157 000
Total Assets	3 547 000	3 487 000	3 260 000	3 514 000
Total Equity	998 000	1 045 000	742 000	300 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 929 000	5 384 000	6 742 000	5 632 000
Expenditure	4 850 000	4 994 000	6 190 000	5 673 000
Operating Profit	79 000	390 000	553 000	−41 000
Financial Income	24 000	22 000	43 000	7 000
Financial Costs	151 000	110 000	153 000	122 000
Financial Balance	−127 000	−88 000	−110 000	−115 000
Earnings Before Tax	−47 000	302 000	443 000	−157 000
Tax	0	0	0	0
Net Income	−47 000	302 000	443 000	−157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	131 000	69 000	93 000	255 000
Total Current Assets	3 416 000	3 418 000	3 167 000	3 259 000
Total Assets	3 547 000	3 487 000	3 260 000	3 514 000
Total Retained Equity	−165 000	−118 000	−420 000	−863 000
Total Equity	998 000	1 045 000	742 000	300 000
Total Long-Term Debt	1 352 000	1 409 000	1 516 000	1 598 000
Total Current Debt	1 197 000	1 033 000	1 001 000	1 617 000
Total Equity and Debt	3 547 000	3 487 000	3 260 000	3 514 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 903 000	5 384 000	6 699 000	5 622 000
Other Income	26 000	0	43 000	10 000
Revenue	4 929 000	5 384 000	6 742 000	5 632 000
Cost of Goods Sold	2 336 000	2 879 000	3 785 000	2 776 000
Salary Costs	893 000	716 000	686 000	1 460 000
Depreciation	14 000	93 000	162 000	162 000
Impairment	0	0	0	0
Expenditure	4 850 000	4 994 000	6 190 000	5 673 000
Operating Profit	79 000	390 000	553 000	−41 000
Financial Income	24 000	22 000	43 000	7 000
Financial Costs	151 000	110 000	153 000	122 000
Financial Balance	−127 000	−88 000	−110 000	−115 000
Dividends	0	0	0	0
Net Income	−47 000	302 000	443 000	−157 000

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	83 000	21 000	93 000	255 000
Total Tangible Assets	83 000	21 000	93 000	255 000
Total Fiancial Fixed Assets	48 000	48 000	0	0
Total Fixed Assets	131 000	69 000	93 000	255 000
Stock	3 099 000	2 819 000	2 700 000	2 800 000
Total Investments	0	0	0	0
Cash, Bank	216 000	464 000	252 000	249 000
Total Current Assets	3 416 000	3 418 000	3 167 000	3 259 000
Total Assets	3 547 000	3 487 000	3 260 000	3 514 000
Total Equity	998 000	1 045 000	742 000	300 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 352 000	1 409 000	1 516 000	1 598 000
Creditors	323 000	610 000	456 000	501 000
Unpaid Taxes	203 000	258 000	261 000	201 000
Dividends	0	0	0	0
Other Current Debt	671 000	166 000	285 000	915 000
Total Current Debt	1 197 000	1 033 000	1 001 000	1 617 000
Total Equity and Debt	3 547 000	3 487 000	3 260 000	3 514 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,71 %	28,9 %	59,7 %	−52,33 %
Debt-to-Equity Ratio	1,35	1,35	2,04	5,33
Operating Profit Margin	1,6 %	7,24 %	8,2 %	−0,73 %
Current Ratio	2,85	3,31	3,16	2,02
Quick Ratio	−1,8	−1,91	−1,86	−2,75
Equity Ratio	0,28	0,3	0,23	0,09
Gross Profit Margin	52,61 %	46,53 %	43,86 %	50,71 %