KORKOM NÆRING AS

3950 BREVIK

Finances

Share Ownership

Return on Equity

12,33 %

Current Ratio

0,63

Debt-to-Equity Ratio

1,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 347 000	2 155 000	2 276 000	2 352 000
Net Income	830 000	1 048 000	542 000	701 000
Total Assets	16 251 000	16 678 000	17 164 000	17 718 000
Total Equity	6 729 000	5 900 000	4 851 000	4 310 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 347 000	2 155 000	2 276 000	2 352 000
Expenditure	1 022 000	623 000	942 000	1 071 000
Operating Profit	1 325 000	1 532 000	1 333 000	1 281 000
Financial Income	0	0	0	1 000
Financial Costs	261 000	188 000	639 000	384 000
Financial Balance	−261 000	−188 000	−639 000	−383 000
Earnings Before Tax	1 064 000	1 344 000	695 000	898 000
Tax	234 000	296 000	153 000	198 000
Net Income	830 000	1 048 000	542 000	701 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 459 000	15 927 000	16 302 000	16 980 000
Total Current Assets	792 000	752 000	862 000	738 000
Total Assets	16 251 000	16 678 000	17 164 000	17 718 000
Total Retained Equity	3 729 000	2 900 000	1 851 000	1 310 000
Total Equity	6 729 000	5 900 000	4 851 000	4 310 000
Total Long-Term Debt	8 264 000	9 564 000	10 764 000	12 164 000
Total Current Debt	1 258 000	1 215 000	1 549 000	1 245 000
Total Equity and Debt	16 251 000	16 678 000	17 164 000	17 718 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 347 000	2 155 000	2 276 000	2 352 000
Other Income	0	0	0	0
Revenue	2 347 000	2 155 000	2 276 000	2 352 000
Cost of Goods Sold	14 000	16 000	0	0
Salary Costs	0	0	0	0
Depreciation	468 000	417 000	725 000	908 000
Impairment	0	0	0	0
Expenditure	1 022 000	623 000	942 000	1 071 000
Operating Profit	1 325 000	1 532 000	1 333 000	1 281 000
Financial Income	0	0	0	1 000
Financial Costs	261 000	188 000	639 000	384 000
Financial Balance	−261 000	−188 000	−639 000	−383 000
Dividends	0	0	0	0
Net Income	830 000	1 048 000	542 000	701 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	426 000	425 000	441 000	394 000
Real Eastate	15 033 000	15 502 000	15 860 000	16 585 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 033 000	15 502 000	15 860 000	16 585 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 459 000	15 927 000	16 302 000	16 980 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	154 000	144 000	303 000	122 000
Total Current Assets	792 000	752 000	862 000	738 000
Total Assets	16 251 000	16 678 000	17 164 000	17 718 000
Total Equity	6 729 000	5 900 000	4 851 000	4 310 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 264 000	9 564 000	10 764 000	12 164 000
Creditors	21 000	33 000	105 000	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 001 000	902 000	1 243 000	958 000
Total Current Debt	1 258 000	1 215 000	1 549 000	1 245 000
Total Equity and Debt	16 251 000	16 678 000	17 164 000	17 718 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,33 %	17,76 %	11,17 %	16,26 %
Debt-to-Equity Ratio	1,23	1,62	2,22	2,82
Operating Profit Margin	56,46 %	71,09 %	58,57 %	54,46 %
Current Ratio	0,63	0,62	0,56	0,59
Quick Ratio	0,63	0,62	0,56	0,59
Equity Ratio	0,41	0,35	0,28	0,24
Gross Profit Margin	99,4 %	99,26 %	100 %	100 %