KORSVIK BILVERKSTED AS

4638 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

0,86 %

Current Ratio

1,21

Debt-to-Equity Ratio

1,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 651 000	7 554 000	6 934 000	6 839 000
Net Income	4 000	357 000	517 000	36 000
Total Assets	2 203 000	1 528 000	1 545 000	1 241 000
Total Equity	464 000	460 000	243 000	−274 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 651 000	7 554 000	6 934 000	6 839 000
Expenditure	7 603 000	7 077 000	6 234 000	6 738 000
Operating Profit	48 000	476 000	700 000	101 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	17 000	19 000	38 000	56 000
Financial Balance	−16 000	−18 000	−37 000	−54 000
Earnings Before Tax	32 000	458 000	663 000	46 000
Tax	28 000	101 000	146 000	10 000
Net Income	4 000	357 000	517 000	36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 127 000	263 000	464 000	660 000
Total Current Assets	1 076 000	1 265 000	1 081 000	581 000
Total Assets	2 203 000	1 528 000	1 545 000	1 241 000
Total Retained Equity	364 000	360 000	143 000	−374 000
Total Equity	464 000	460 000	243 000	−274 000
Total Long-Term Debt	847 000	246 000	553 000	814 000
Total Current Debt	891 000	823 000	749 000	701 000
Total Equity and Debt	2 203 000	1 528 000	1 545 000	1 241 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 651 000	7 554 000	6 767 000	6 839 000
Other Income	0	0	168 000	0
Revenue	7 651 000	7 554 000	6 934 000	6 839 000
Cost of Goods Sold	2 985 000	2 886 000	2 387 000	2 505 000
Salary Costs	2 724 000	2 456 000	2 206 000	2 591 000
Depreciation	257 000	201 000	213 000	272 000
Impairment	0	0	0	0
Expenditure	7 603 000	7 077 000	6 234 000	6 738 000
Operating Profit	48 000	476 000	700 000	101 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	17 000	19 000	38 000	56 000
Financial Balance	−16 000	−18 000	−37 000	−54 000
Dividends	0	140 000	0	0
Net Income	4 000	357 000	517 000	36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	110 000	220 000	330 000
Total Intangible Assets	0	110 000	220 000	330 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 127 000	153 000	244 000	330 000
Total Tangible Assets	1 127 000	153 000	244 000	330 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 127 000	263 000	464 000	660 000
Stock	208 000	276 000	236 000	259 000
Total Investments	0	0	0	0
Cash, Bank	537 000	723 000	566 000	128 000
Total Current Assets	1 076 000	1 265 000	1 081 000	581 000
Total Assets	2 203 000	1 528 000	1 545 000	1 241 000
Total Equity	464 000	460 000	243 000	−274 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	847 000	246 000	553 000	814 000
Creditors	269 000	143 000	134 000	173 000
Unpaid Taxes	362 000	347 000	304 000	326 000
Dividends	0	140 000	0	0
Other Current Debt	218 000	197 000	183 000	202 000
Total Current Debt	891 000	823 000	749 000	701 000
Total Equity and Debt	2 203 000	1 528 000	1 545 000	1 241 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,86 %	77,61 %	212,76 %	−13,14 %
Debt-to-Equity Ratio	1,83	0,53	2,28	−2,97
Operating Profit Margin	0,63 %	6,3 %	10,1 %	1,48 %
Current Ratio	1,21	1,54	1,44	0,83
Quick Ratio	1,58	2,31	2,11	1,31
Equity Ratio	0,21	0,3	0,16	−0,22
Gross Profit Margin	60,99 %	61,8 %	65,58 %	63,37 %