STEIN KORTVEDT AS

3029 DRAMMEN

Finances

Share Ownership

Return on Equity

−29,75 %

Current Ratio

7,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	50 000	50 000	1 232 000
Net Income	−636 000	278 000	252 000	947 000
Total Assets	2 474 000	3 109 000	2 982 000	2 992 000
Total Equity	2 138 000	2 774 000	2 795 000	2 543 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	50 000	50 000	1 232 000
Expenditure	60 000	24 000	34 000	182 000
Operating Profit	−10 000	26 000	17 000	1 049 000
Financial Income	43 000	272 000	257 000	142 000
Financial Costs	669 000	5 000	14 000	5 000
Financial Balance	−626 000	267 000	243 000	137 000
Earnings Before Tax	−636 000	293 000	260 000	1 186 000
Tax	0	15 000	8 000	239 000
Net Income	−636 000	278 000	252 000	947 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	13 000	13 000	13 000
Total Current Assets	2 474 000	3 096 000	2 969 000	2 979 000
Total Assets	2 474 000	3 109 000	2 982 000	2 992 000
Total Retained Equity	2 035 000	2 671 000	2 692 000	2 440 000
Total Equity	2 138 000	2 774 000	2 795 000	2 543 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	337 000	335 000	187 000	449 000
Total Equity and Debt	2 474 000	3 109 000	2 982 000	2 992 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	50 000	50 000	1 171 000
Other Income	0	0	0	61 000
Revenue	50 000	50 000	50 000	1 232 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	−12 000	124 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	60 000	24 000	34 000	182 000
Operating Profit	−10 000	26 000	17 000	1 049 000
Financial Income	43 000	272 000	257 000	142 000
Financial Costs	669 000	5 000	14 000	5 000
Financial Balance	−626 000	267 000	243 000	137 000
Dividends	0	300 000	0	0
Net Income	−636 000	278 000	252 000	947 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	13 000	13 000	13 000
Total Fixed Assets	0	13 000	13 000	13 000
Stock	0	0	0	0
Total Investments	2 256 000	2 892 000	2 625 000	2 407 000
Cash, Bank	218 000	204 000	344 000	571 000
Total Current Assets	2 474 000	3 096 000	2 969 000	2 979 000
Total Assets	2 474 000	3 109 000	2 982 000	2 992 000
Total Equity	2 138 000	2 774 000	2 795 000	2 543 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	4 000	2 000	3 000
Unpaid Taxes	10 000	7 000	6 000	30 000
Dividends	0	300 000	0	0
Other Current Debt	325 000	309 000	171 000	176 000
Total Current Debt	337 000	335 000	187 000	449 000
Total Equity and Debt	2 474 000	3 109 000	2 982 000	2 992 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,75 %	10,02 %	9,02 %	37,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−20 %	52 %	34 %	85,15 %
Current Ratio	7,34	9,24	15,88	6,63
Quick Ratio	7,34	9,24	15,88	6,63
Equity Ratio	0,86	0,89	0,94	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %