COREMON AS

1420 SVARTSKOG

Finances

Return on Equity

−63,83 %

Current Ratio

1,11

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	805 000	744 000	770 000	1 177 000
Net Income	−90 000	131 000	275 000	16 000
Total Assets	364 000	640 000	748 000	408 000
Total Equity	141 000	232 000	412 000	136 000

Income (NOK)	2022	2021	2020	2019
Revenue	805 000	744 000	770 000	1 177 000
Expenditure	1 026 000	573 000	412 000	1 155 000
Operating Profit	−220 000	172 000	358 000	22 000
Financial Income	120 000	0	0	0
Financial Costs	3 000	3 000	5 000	0
Financial Balance	117 000	−3 000	−5 000	0
Earnings Before Tax	−103 000	169 000	353 000	21 000
Tax	−13 000	38 000	78 000	5 000
Net Income	−90 000	131 000	275 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	165 000	228 000	278 000	300 000
Total Current Assets	199 000	412 000	471 000	108 000
Total Assets	364 000	640 000	748 000	408 000
Total Retained Equity	41 000	132 000	312 000	36 000
Total Equity	141 000	232 000	412 000	136 000
Total Long-Term Debt	43 000	76 000	100 000	19 000
Total Current Debt	180 000	332 000	237 000	252 000
Total Equity and Debt	364 000	640 000	748 000	408 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	805 000	736 000	699 000	1 175 000
Other Income	0	8 000	71 000	2 000
Revenue	805 000	744 000	770 000	1 177 000
Cost of Goods Sold	0	0	25 000	156 000
Salary Costs	843 000	277 000	109 000	550 000
Depreciation	0	50 000	50 000	50 000
Impairment	50 000	0	0	0
Expenditure	1 026 000	573 000	412 000	1 155 000
Operating Profit	−220 000	172 000	358 000	22 000
Financial Income	120 000	0	0	0
Financial Costs	3 000	3 000	5 000	0
Financial Balance	117 000	−3 000	−5 000	0
Dividends	0	0	0	0
Net Income	−90 000	131 000	275 000	16 000

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	150 000	200 000	250 000	300 000
Total Tangible Assets	150 000	200 000	250 000	300 000
Total Fiancial Fixed Assets	15 000	28 000	28 000	0
Total Fixed Assets	165 000	228 000	278 000	300 000
Stock	0	0	0	7 000
Total Investments	0	0	0	0
Cash, Bank	57 000	321 000	260 000	16 000
Total Current Assets	199 000	412 000	471 000	108 000
Total Assets	364 000	640 000	748 000	408 000
Total Equity	141 000	232 000	412 000	136 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	43 000	76 000	100 000	19 000
Creditors	41 000	41 000	46 000	38 000
Unpaid Taxes	37 000	110 000	13 000	48 000
Dividends	0	0	0	0
Other Current Debt	102 000	140 000	98 000	161 000
Total Current Debt	180 000	332 000	237 000	252 000
Total Equity and Debt	364 000	640 000	748 000	408 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−63,83 %	56,47 %	66,75 %	11,76 %
Debt-to-Equity Ratio	0,3	0,33	0,24	0,14
Operating Profit Margin	−27,33 %	23,12 %	46,49 %	1,87 %
Current Ratio	1,11	1,24	1,99	0,43
Quick Ratio	1,11	1,24	1,99	0,44
Equity Ratio	0,39	0,36	0,55	0,33
Gross Profit Margin	100 %	100 %	96,75 %	86,75 %