KORSVEIEN EIENDOM AS

6770 NORDFJORDEID

Finances

Share Ownership

Return on Equity

6,94 %

Current Ratio

21,45

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	407 000	444 000	444 000	444 000
Net Income	193 000	248 000	374 000	194 000
Total Assets	2 933 000	2 937 000	3 113 000	4 220 000
Total Equity	2 780 000	2 723 000	2 476 000	3 898 000

Income (NOK)	2022	2021	2020	2019
Revenue	407 000	444 000	444 000	444 000
Expenditure	172 000	133 000	177 000	204 000
Operating Profit	235 000	311 000	267 000	240 000
Financial Income	21 000	9 000	167 000	8 000
Financial Costs	8 000	2 000	0	0
Financial Balance	13 000	7 000	167 000	8 000
Earnings Before Tax	247 000	318 000	434 000	248 000
Tax	54 000	70 000	60 000	55 000
Net Income	193 000	248 000	374 000	194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	338 000	346 000	2 432 000	3 699 000
Total Current Assets	2 596 000	2 591 000	681 000	522 000
Total Assets	2 933 000	2 937 000	3 113 000	4 220 000
Total Retained Equity	2 443 000	2 275 000	2 028 000	3 362 000
Total Equity	2 780 000	2 723 000	2 476 000	3 898 000
Total Long-Term Debt	32 000	31 000	30 000	34 000
Total Current Debt	121 000	183 000	608 000	289 000
Total Equity and Debt	2 933 000	2 937 000	3 113 000	4 220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	407 000	444 000	444 000	444 000
Revenue	407 000	444 000	444 000	444 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	8 000	8 000	32 000	32 000
Impairment	0	0	0	0
Expenditure	172 000	133 000	177 000	204 000
Operating Profit	235 000	311 000	267 000	240 000
Financial Income	21 000	9 000	167 000	8 000
Financial Costs	8 000	2 000	0	0
Financial Balance	13 000	7 000	167 000	8 000
Dividends	0	0	400 000	150 000
Net Income	193 000	248 000	374 000	194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	338 000	346 000	354 000	386 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	338 000	346 000	354 000	386 000
Total Fiancial Fixed Assets	0	0	2 078 000	3 312 000
Total Fixed Assets	338 000	346 000	2 432 000	3 699 000
Stock	0	0	0	0
Total Investments	2 080 000	2 078 000	0	0
Cash, Bank	516 000	513 000	635 000	522 000
Total Current Assets	2 596 000	2 591 000	681 000	522 000
Total Assets	2 933 000	2 937 000	3 113 000	4 220 000
Total Equity	2 780 000	2 723 000	2 476 000	3 898 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 000	31 000	30 000	34 000
Creditors	0	1 000	6 000	0
Unpaid Taxes	67 000	88 000	98 000	81 000
Dividends	0	0	400 000	150 000
Other Current Debt	0	25 000	40 000	0
Total Current Debt	121 000	183 000	608 000	289 000
Total Equity and Debt	2 933 000	2 937 000	3 113 000	4 220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,94 %	9,11 %	15,11 %	4,98 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	57,74 %	70,05 %	60,14 %	54,05 %
Current Ratio	21,45	14,16	1,12	1,81
Quick Ratio	21,45	14,16	1,12	1,81
Equity Ratio	0,95	0,93	0,8	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %