KORTSHOP AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

17,07 %

Current Ratio

2,09

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 423 000	7 274 000	7 349 000	8 039 000
Net Income	383 000	589 000	1 108 000	−11 000
Total Assets	3 930 000	4 201 000	3 760 000	2 747 000
Total Equity	2 244 000	1 861 000	1 771 000	1 056 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 423 000	7 274 000	7 349 000	8 039 000
Expenditure	8 921 000	6 582 000	6 023 000	8 148 000
Operating Profit	502 000	762 000	1 397 000	−109 000
Financial Income	10 000	6 000	10 000	137 000
Financial Costs	11 000	23 000	17 000	39 000
Financial Balance	−1 000	−17 000	−7 000	98 000
Earnings Before Tax	501 000	745 000	1 390 000	−11 000
Tax	117 000	156 000	283 000	0
Net Income	383 000	589 000	1 108 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	455 000	496 000	214 000	287 000
Total Current Assets	3 475 000	3 705 000	3 546 000	2 460 000
Total Assets	3 930 000	4 201 000	3 760 000	2 747 000
Total Retained Equity	2 144 000	1 761 000	1 671 000	956 000
Total Equity	2 244 000	1 861 000	1 771 000	1 056 000
Total Long-Term Debt	20 000	327 000	100 000	140 000
Total Current Debt	1 666 000	2 013 000	1 889 000	1 551 000
Total Equity and Debt	3 930 000	4 201 000	3 760 000	2 747 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 322 000	6 883 000	6 796 000	8 038 000
Other Income	100 000	391 000	552 000	1 000
Revenue	9 423 000	7 274 000	7 349 000	8 039 000
Cost of Goods Sold	1 227 000	756 000	778 000	877 000
Salary Costs	4 238 000	2 648 000	2 606 000	3 956 000
Depreciation	218 000	145 000	99 000	116 000
Impairment	0	0	0	0
Expenditure	8 921 000	6 582 000	6 023 000	8 148 000
Operating Profit	502 000	762 000	1 397 000	−109 000
Financial Income	10 000	6 000	10 000	137 000
Financial Costs	11 000	23 000	17 000	39 000
Financial Balance	−1 000	−17 000	−7 000	98 000
Dividends	0	0	0	0
Net Income	383 000	589 000	1 108 000	−11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	426 000	493 000	208 000	287 000
Total Tangible Assets	426 000	493 000	208 000	287 000
Total Fiancial Fixed Assets	0	3 000	7 000	0
Total Fixed Assets	455 000	496 000	214 000	287 000
Stock	1 001 000	743 000	673 000	600 000
Total Investments	0	0	0	0
Cash, Bank	1 761 000	2 240 000	1 721 000	432 000
Total Current Assets	3 475 000	3 705 000	3 546 000	2 460 000
Total Assets	3 930 000	4 201 000	3 760 000	2 747 000
Total Equity	2 244 000	1 861 000	1 771 000	1 056 000
Short-Term Group Debt	3 000	503 000	407 000	0
Total Long-Term Debt	20 000	327 000	100 000	140 000
Creditors	315 000	271 000	226 000	524 000
Unpaid Taxes	864 000	854 000	777 000	718 000
Dividends	0	0	0	0
Other Current Debt	368 000	229 000	212 000	306 000
Total Current Debt	1 666 000	2 013 000	1 889 000	1 551 000
Total Equity and Debt	3 930 000	4 201 000	3 760 000	2 747 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,07 %	31,65 %	62,56 %	−1,04 %
Debt-to-Equity Ratio	0,01	0,18	0,06	0,13
Operating Profit Margin	5,33 %	10,48 %	19,01 %	−1,36 %
Current Ratio	2,09	1,84	1,88	1,59
Quick Ratio	5,23	2,92	2,92	2,59
Equity Ratio	0,57	0,44	0,47	0,38
Gross Profit Margin	86,98 %	89,61 %	89,41 %	89,09 %