CORROSAFE HOLDING AS

4156 MOSTERØY

Finances

Return on Equity

2,61 %

Current Ratio

0,9

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	711 000	705 000	695 000	686 000
Net Income	168 000	1 682 000	1 157 000	735 000
Total Assets	10 584 000	11 299 000	11 674 000	11 288 000
Total Equity	6 442 000	6 774 000	5 592 000	4 935 000

Income (NOK)	2022	2021	2020	2019
Revenue	711 000	705 000	695 000	686 000
Expenditure	354 000	349 000	351 000	350 000
Operating Profit	358 000	356 000	345 000	336 000
Financial Income	5 000	1 505 000	1 004 000	617 000
Financial Costs	145 000	128 000	147 000	185 000
Financial Balance	−140 000	1 377 000	857 000	432 000
Earnings Before Tax	218 000	1 733 000	1 202 000	769 000
Tax	50 000	51 000	44 000	33 000
Net Income	168 000	1 682 000	1 157 000	735 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 854 000	10 114 000	10 210 000	10 444 000
Total Current Assets	730 000	1 184 000	1 463 000	845 000
Total Assets	10 584 000	11 299 000	11 674 000	11 288 000
Total Retained Equity	2 762 000	3 094 000	1 912 000	1 255 000
Total Equity	6 442 000	6 774 000	5 592 000	4 935 000
Total Long-Term Debt	3 331 000	3 561 000	4 790 000	5 017 000
Total Current Debt	811 000	964 000	1 291 000	1 336 000
Total Equity and Debt	10 584 000	11 299 000	11 674 000	11 288 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	711 000	705 000	695 000	686 000
Revenue	711 000	705 000	695 000	686 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	279 000	278 000	276 000	271 000
Impairment	0	0	0	0
Expenditure	354 000	349 000	351 000	350 000
Operating Profit	358 000	356 000	345 000	336 000
Financial Income	5 000	1 505 000	1 004 000	617 000
Financial Costs	145 000	128 000	147 000	185 000
Financial Balance	−140 000	1 377 000	857 000	432 000
Dividends	500 000	500 000	500 000	0
Net Income	168 000	1 682 000	1 157 000	735 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 585 000	5 842 000	6 118 000	6 394 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	29 000	0	0
Total Tangible Assets	5 611 000	5 871 000	6 118 000	6 394 000
Total Fiancial Fixed Assets	4 243 000	4 243 000	4 092 000	4 050 000
Total Fixed Assets	9 854 000	10 114 000	10 210 000	10 444 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	710 000	684 000	463 000	205 000
Total Current Assets	730 000	1 184 000	1 463 000	845 000
Total Assets	10 584 000	11 299 000	11 674 000	11 288 000
Total Equity	6 442 000	6 774 000	5 592 000	4 935 000
Short-Term Group Debt	0	194 000	496 000	1 070 000
Total Long-Term Debt	3 331 000	3 561 000	4 790 000	5 017 000
Creditors	4 000	2 000	2 000	2 000
Unpaid Taxes	21 000	27 000	27 000	0
Dividends	500 000	500 000	500 000	0
Other Current Debt	6 000	4 000	7 000	7 000
Total Current Debt	811 000	964 000	1 291 000	1 336 000
Total Equity and Debt	10 584 000	11 299 000	11 674 000	11 288 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,61 %	24,83 %	20,69 %	14,89 %
Debt-to-Equity Ratio	0,52	0,53	0,86	1,02
Operating Profit Margin	50,35 %	50,5 %	49,64 %	48,98 %
Current Ratio	0,9	1,23	1,13	0,63
Quick Ratio	0,9	1,23	1,13	0,63
Equity Ratio	0,61	0,6	0,48	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %