KORSHAMN ADVENTURE AS

8543 KJELDEBOTN

Finances

Share Ownership

Return on Equity

−69,44 %

Current Ratio

3,86

Debt-to-Equity Ratio

2,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	404 000	235 000	371 000	434 000
Net Income	−100 000	−203 000	−144 000	−127 000
Total Assets	720 000	866 000	1 169 000	3 371 000
Total Equity	144 000	243 000	446 000	2 590 000

Income (NOK)	2022	2021	2020	2019
Revenue	404 000	235 000	371 000	434 000
Expenditure	530 000	496 000	570 000	627 000
Operating Profit	−126 000	−260 000	−198 000	−191 000
Financial Income	1 000	0	14 000	29 000
Financial Costs	2 000	0	0	1 000
Financial Balance	−1 000	0	14 000	28 000
Earnings Before Tax	−128 000	−260 000	−185 000	−163 000
Tax	−28 000	−57 000	−41 000	−36 000
Net Income	−100 000	−203 000	−144 000	−127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	126 000	184 000	254 000
Total Current Assets	711 000	740 000	986 000	3 118 000
Total Assets	720 000	866 000	1 169 000	3 371 000
Total Retained Equity	44 000	143 000	346 000	2 490 000
Total Equity	144 000	243 000	446 000	2 590 000
Total Long-Term Debt	392 000	481 000	601 000	685 000
Total Current Debt	184 000	142 000	122 000	97 000
Total Equity and Debt	720 000	866 000	1 169 000	3 371 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 000	34 000	61 000	74 000
Other Income	365 000	201 000	309 000	360 000
Revenue	404 000	235 000	371 000	434 000
Cost of Goods Sold	25 000	23 000	34 000	63 000
Salary Costs	283 000	286 000	287 000	327 000
Depreciation	53 000	58 000	70 000	62 000
Impairment	0	0	0	0
Expenditure	530 000	496 000	570 000	627 000
Operating Profit	−126 000	−260 000	−198 000	−191 000
Financial Income	1 000	0	14 000	29 000
Financial Costs	2 000	0	0	1 000
Financial Balance	−1 000	0	14 000	28 000
Dividends	0	0	0	0
Net Income	−100 000	−203 000	−144 000	−127 000

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	9 000	126 000	184 000	254 000
Total Tangible Assets	9 000	126 000	184 000	254 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 000	126 000	184 000	254 000
Stock	3 000	4 000	2 000	17 000
Total Investments	0	0	0	0
Cash, Bank	366 000	554 000	847 000	2 896 000
Total Current Assets	711 000	740 000	986 000	3 118 000
Total Assets	720 000	866 000	1 169 000	3 371 000
Total Equity	144 000	243 000	446 000	2 590 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	392 000	481 000	601 000	685 000
Creditors	8 000	6 000	27 000	10 000
Unpaid Taxes	71 000	44 000	22 000	39 000
Dividends	0	0	0	0
Other Current Debt	45 000	29 000	30 000	48 000
Total Current Debt	184 000	142 000	122 000	97 000
Total Equity and Debt	720 000	866 000	1 169 000	3 371 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−69,44 %	−83,54 %	−32,29 %	−4,9 %
Debt-to-Equity Ratio	2,72	1,98	1,35	0,26
Operating Profit Margin	−31,19 %	−110,64 %	−53,37 %	−44,01 %
Current Ratio	3,86	5,21	8,08	32,14
Quick Ratio	3,93	5,36	8,22	38,98
Equity Ratio	0,2	0,28	0,38	0,77
Gross Profit Margin	93,81 %	90,21 %	90,84 %	85,48 %