KORSNESET AS

8275 STORJORD I TYSFJORD

Finances

Return on Equity

191,74 %

Current Ratio

0,56

Debt-to-Equity Ratio

−1,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 139 000	24 506 000	1 130 000	1 080 000
Net Income	−6 872 000	−7 419 000	−77 000	170 000
Total Assets	9 437 000	13 542 000	10 746 000	8 836 000
Total Equity	−3 584 000	1 089 000	6 008 000	4 623 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 139 000	24 506 000	1 130 000	1 080 000
Expenditure	31 832 000	27 872 000	999 000	601 000
Operating Profit	−4 548 000	−1 406 000	132 000	479 000
Financial Income	123 000	142 000	15 000	0
Financial Costs	1 031 000	6 520 000	246 000	262 000
Financial Balance	−908 000	−6 378 000	−231 000	−262 000
Earnings Before Tax	−5 457 000	−7 784 000	−99 000	217 000
Tax	1 416 000	−365 000	−22 000	48 000
Net Income	−6 872 000	−7 419 000	−77 000	170 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 186 000	6 477 000	10 480 000	8 554 000
Total Current Assets	4 251 000	7 065 000	266 000	282 000
Total Assets	9 437 000	13 542 000	10 746 000	8 836 000
Total Retained Equity	−8 446 000	−5 566 000	459 000	−1 058 000
Total Equity	−3 584 000	1 089 000	6 008 000	4 623 000
Total Long-Term Debt	5 497 000	6 173 000	4 625 000	4 051 000
Total Current Debt	7 524 000	6 280 000	114 000	161 000
Total Equity and Debt	9 437 000	13 542 000	10 746 000	8 836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 913 000	23 558 000	1 105 000	1 080 000
Other Income	2 226 000	947 000	25 000	0
Revenue	28 139 000	24 506 000	1 130 000	1 080 000
Cost of Goods Sold	18 770 000	19 642 000	22 000	26 000
Salary Costs	6 529 000	4 323 000	1 000	0
Depreciation	524 000	333 000	195 000	188 000
Impairment	0	0	0	0
Expenditure	31 832 000	27 872 000	999 000	601 000
Operating Profit	−4 548 000	−1 406 000	132 000	479 000
Financial Income	123 000	142 000	15 000	0
Financial Costs	1 031 000	6 520 000	246 000	262 000
Financial Balance	−908 000	−6 378 000	−231 000	−262 000
Dividends	0	0	0	0
Net Income	−6 872 000	−7 419 000	−77 000	170 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 416 000	1 051 000	1 030 000
Real Eastate	2 935 000	2 741 000	2 787 000	2 945 000
Machinery and Plant Facilities	1 256 000	1 290 000	197 000	226 000
Fixtures	965 000	1 030 000	45 000	53 000
Total Tangible Assets	5 156 000	5 061 000	3 029 000	3 224 000
Total Fiancial Fixed Assets	30 000	0	6 400 000	4 300 000
Total Fixed Assets	5 186 000	6 477 000	10 480 000	8 554 000
Stock	3 830 000	4 685 000	0	0
Total Investments	0	0	0	0
Cash, Bank	92 000	463 000	144 000	37 000
Total Current Assets	4 251 000	7 065 000	266 000	282 000
Total Assets	9 437 000	13 542 000	10 746 000	8 836 000
Total Equity	−3 584 000	1 089 000	6 008 000	4 623 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 497 000	6 173 000	4 625 000	4 051 000
Creditors	2 041 000	2 784 000	2 000	30 000
Unpaid Taxes	558 000	424 000	30 000	43 000
Dividends	0	0	0	0
Other Current Debt	1 001 000	773 000	82 000	88 000
Total Current Debt	7 524 000	6 280 000	114 000	161 000
Total Equity and Debt	9 437 000	13 542 000	10 746 000	8 836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	191,74 %	−681,27 %	−1,28 %	3,68 %
Debt-to-Equity Ratio	−1,53	5,67	0,77	0,88
Operating Profit Margin	−16,16 %	−5,74 %	11,68 %	44,35 %
Current Ratio	0,56	1,13	2,33	1,75
Quick Ratio	1,15	4,43	2,33	1,75
Equity Ratio	−0,38	0,08	0,56	0,52
Gross Profit Margin	33,3 %	19,85 %	98,05 %	97,59 %