KORSHAVN HAVBRUK AS

4586 KORSHAMN

Finances

Share Ownership

Return on Equity

18,55 %

Current Ratio

5,3

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 119 000	35 864 000	59 527 000	56 391 000
Net Income	20 961 000	15 477 000	20 388 000	26 834 000
Total Assets	133 096 000	116 687 000	131 572 000	121 395 000
Total Equity	113 005 000	99 044 000	88 727 000	75 139 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 119 000	35 864 000	59 527 000	56 391 000
Expenditure	51 246 000	16 130 000	34 330 000	22 620 000
Operating Profit	25 873 000	19 734 000	25 196 000	33 771 000
Financial Income	1 027 000	108 000	943 000	683 000
Financial Costs	25 000	0	1 000	51 000
Financial Balance	1 002 000	108 000	942 000	632 000
Earnings Before Tax	26 875 000	19 842 000	26 138 000	34 403 000
Tax	5 914 000	4 365 000	5 750 000	7 569 000
Net Income	20 961 000	15 477 000	20 388 000	26 834 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 208 000	38 937 000	36 283 000	6 896 000
Total Current Assets	98 888 000	77 750 000	95 289 000	114 498 000
Total Assets	133 096 000	116 687 000	131 572 000	121 395 000
Total Retained Equity	112 905 000	98 944 000	88 627 000	75 039 000
Total Equity	113 005 000	99 044 000	88 727 000	75 139 000
Total Long-Term Debt	1 432 000	4 834 000	1 857 000	37 000
Total Current Debt	18 659 000	12 809 000	40 988 000	46 219 000
Total Equity and Debt	133 096 000	116 687 000	131 572 000	121 395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	77 020 000	35 788 000	59 446 000	56 319 000
Other Income	99 000	77 000	82 000	72 000
Revenue	77 119 000	35 864 000	59 527 000	56 391 000
Cost of Goods Sold	37 103 000	3 296 000	24 567 000	14 876 000
Salary Costs	4 939 000	4 294 000	4 117 000	4 040 000
Depreciation	5 194 000	5 290 000	2 532 000	991 000
Impairment	0	0	0	0
Expenditure	51 246 000	16 130 000	34 330 000	22 620 000
Operating Profit	25 873 000	19 734 000	25 196 000	33 771 000
Financial Income	1 027 000	108 000	943 000	683 000
Financial Costs	25 000	0	1 000	51 000
Financial Balance	1 002 000	108 000	942 000	632 000
Dividends	7 000 000	5 160 000	6 800 000	9 000 000
Net Income	20 961 000	15 477 000	20 388 000	26 834 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 168 000	3 168 000	3 168 000	0
Real Eastate	10 838 000	11 122 000	3 415 000	3 505 000
Machinery and Plant Facilities	861 000	1 294 000	2 210 000	3 344 000
Fixtures	119 000	0	0	0
Total Tangible Assets	31 040 000	35 769 000	33 115 000	6 896 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 208 000	38 937 000	36 283 000	6 896 000
Stock	7 521 000	20 996 000	6 586 000	0
Total Investments	0	0	0	0
Cash, Bank	81 241 000	33 821 000	78 107 000	78 286 000
Total Current Assets	98 888 000	77 750 000	95 289 000	114 498 000
Total Assets	133 096 000	116 687 000	131 572 000	121 395 000
Total Equity	113 005 000	99 044 000	88 727 000	75 139 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 432 000	4 834 000	1 857 000	37 000
Creditors	135 000	1 005 000	73 000	15 923 000
Unpaid Taxes	411 000	4 893 000	380 000	2 943 000
Dividends	7 000 000	5 160 000	6 800 000	9 000 000
Other Current Debt	8 797 000	5 523 000	36 605 000	19 760 000
Total Current Debt	18 659 000	12 809 000	40 988 000	46 219 000
Total Equity and Debt	133 096 000	116 687 000	131 572 000	121 395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,55 %	15,63 %	22,98 %	35,71 %
Debt-to-Equity Ratio	0,01	0,05	0,02	0
Operating Profit Margin	33,55 %	55,02 %	42,33 %	59,89 %
Current Ratio	5,3	6,07	2,32	2,48
Quick Ratio	8,88	−9,5	2,77	2,48
Equity Ratio	0,85	0,85	0,67	0,62
Gross Profit Margin	51,89 %	90,81 %	58,73 %	73,62 %