KORSMO HOLDING AS

2050 JESSHEIM

Finances

Return on Equity

12,32 %

Current Ratio

4,55

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	997 000	1 992 000	31 000	90 000
Total Assets	10 531 000	11 097 000	12 392 000	12 700 000
Total Equity	8 094 000	8 537 000	8 185 000	8 914 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	0	6 000	14 000	26 000
Operating Profit	0	−6 000	−14 000	−26 000
Financial Income	1 000 000	2 000 000	118 000	186 000
Financial Costs	3 000	2 000	64 000	44 000
Financial Balance	997 000	1 998 000	54 000	142 000
Earnings Before Tax	997 000	1 992 000	40 000	116 000
Tax	0	0	9 000	25 000
Net Income	997 000	1 992 000	31 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 772 000	3 772 000	3 772 000	12 696 000
Total Current Assets	6 759 000	7 325 000	8 621 000	4 000
Total Assets	10 531 000	11 097 000	12 392 000	12 700 000
Total Retained Equity	6 292 000	6 735 000	6 383 000	7 112 000
Total Equity	8 094 000	8 537 000	8 185 000	8 914 000
Total Long-Term Debt	952 000	1 311 000	3 171 000	2 402 000
Total Current Debt	1 485 000	1 249 000	1 036 000	1 384 000
Total Equity and Debt	10 531 000	11 097 000	12 392 000	12 700 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	6 000	14 000	26 000
Operating Profit	0	−6 000	−14 000	−26 000
Financial Income	1 000 000	2 000 000	118 000	186 000
Financial Costs	3 000	2 000	64 000	44 000
Financial Balance	997 000	1 998 000	54 000	142 000
Dividends	1 440 000	1 240 000	760 000	850 000
Net Income	997 000	1 992 000	31 000	90 000

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	3 772 000	3 772 000	3 772 000	12 696 000
Total Fixed Assets	3 772 000	3 772 000	3 772 000	12 696 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 759 000	7 325 000	8 621 000	4 000
Total Current Assets	6 759 000	7 325 000	8 621 000	4 000
Total Assets	10 531 000	11 097 000	12 392 000	12 700 000
Total Equity	8 094 000	8 537 000	8 185 000	8 914 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	952 000	1 311 000	3 171 000	2 402 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 440 000	1 240 000	760 000	850 000
Other Current Debt	45 000	9 000	268 000	508 000
Total Current Debt	1 485 000	1 249 000	1 036 000	1 384 000
Total Equity and Debt	10 531 000	11 097 000	12 392 000	12 700 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,32 %	23,33 %	0,38 %	1,01 %
Debt-to-Equity Ratio	0,12	0,15	0,39	0,27
Operating Profit Margin	-	-	-	-
Current Ratio	4,55	5,86	8,32	0
Quick Ratio	4,55	5,86	8,32	0
Equity Ratio	0,77	0,77	0,66	0,7
Gross Profit Margin	-	-	-	-