KORSVEIEN BORETTSLAG

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

9,47 %

Current Ratio

6,68

Debt-to-Equity Ratio

2,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 478 000	1 483 000	1 489 000	1 480 000
Net Income	618 000	619 000	659 000	381 000
Total Assets	25 245 000	24 821 000	24 515 000	24 597 000
Total Equity	6 528 000	5 910 000	5 291 000	4 632 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 478 000	1 483 000	1 489 000	1 480 000
Expenditure	726 000	762 000	704 000	936 000
Operating Profit	751 000	721 000	785 000	544 000
Financial Income	6 000	0	5 000	8 000
Financial Costs	140 000	101 000	131 000	171 000
Financial Balance	−134 000	−101 000	−126 000	−163 000
Earnings Before Tax	618 000	619 000	659 000	381 000
Tax	0	0	0	0
Net Income	618 000	619 000	659 000	381 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 210 000	24 210 000	24 210 000	24 210 000
Total Current Assets	1 035 000	611 000	305 000	387 000
Total Assets	25 245 000	24 821 000	24 515 000	24 597 000
Total Retained Equity	6 458 000	5 840 000	5 221 000	4 562 000
Total Equity	6 528 000	5 910 000	5 291 000	4 632 000
Total Long-Term Debt	18 562 000	18 803 000	19 151 000	19 875 000
Total Current Debt	155 000	107 000	74 000	91 000
Total Equity and Debt	25 245 000	24 821 000	24 515 000	24 597 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 478 000	1 483 000	0	0
Other Income	0	0	1 489 000	1 480 000
Revenue	1 478 000	1 483 000	1 489 000	1 480 000
Cost of Goods Sold	0	0	0	0
Salary Costs	23 000	23 000	23 000	23 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	726 000	762 000	704 000	936 000
Operating Profit	751 000	721 000	785 000	544 000
Financial Income	6 000	0	5 000	8 000
Financial Costs	140 000	101 000	131 000	171 000
Financial Balance	−134 000	−101 000	−126 000	−163 000
Dividends	0	0	0	0
Net Income	618 000	619 000	659 000	381 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 210 000	24 210 000	24 210 000	24 210 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	24 210 000	24 210 000	24 210 000	24 210 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 210 000	24 210 000	24 210 000	24 210 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	961 000	547 000	305 000	374 000
Total Current Assets	1 035 000	611 000	305 000	387 000
Total Assets	25 245 000	24 821 000	24 515 000	24 597 000
Total Equity	6 528 000	5 910 000	5 291 000	4 632 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 562 000	18 803 000	19 151 000	19 875 000
Creditors	145 000	107 000	1 000	9 000
Unpaid Taxes	1 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 000	1 000	73 000	82 000
Total Current Debt	155 000	107 000	74 000	91 000
Total Equity and Debt	25 245 000	24 821 000	24 515 000	24 597 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,47 %	10,47 %	12,46 %	8,23 %
Debt-to-Equity Ratio	2,84	3,18	3,62	4,29
Operating Profit Margin	50,81 %	48,62 %	52,72 %	36,76 %
Current Ratio	6,68	5,71	4,12	4,25
Quick Ratio	6,68	5,71	4,12	4,25
Equity Ratio	0,26	0,24	0,22	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %