KORSHAMN DRIFTSSELSKAP AS

4586 KORSHAMN

Finances

Share Ownership

Return on Equity

−241,55 %

Current Ratio

1,17

Debt-to-Equity Ratio

5,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 954 000	1 339 000	1 136 000	1 503 000
Net Income	−343 000	−261 000	−554 000	8 000
Total Assets	1 423 000	837 000	563 000	665 000
Total Equity	142 000	−33 000	−413 000	−69 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 954 000	1 339 000	1 136 000	1 503 000
Expenditure	2 300 000	1 769 000	1 745 000	1 493 000
Operating Profit	−346 000	−430 000	−609 000	8 000
Financial Income	2 000	3 000	1 000	0
Financial Costs	0	15 000	6 000	0
Financial Balance	2 000	−12 000	−5 000	0
Earnings Before Tax	−343 000	−441 000	−614 000	8 000
Tax	0	−181 000	−59 000	0
Net Income	−343 000	−261 000	−554 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	830 000	98 000	101 000	68 000
Total Current Assets	593 000	739 000	462 000	597 000
Total Assets	1 423 000	837 000	563 000	665 000
Total Retained Equity	−2 462 000	−2 119 000	−1 858 000	−1 303 000
Total Equity	142 000	−33 000	−413 000	−69 000
Total Long-Term Debt	774 000	0	0	0
Total Current Debt	507 000	870 000	976 000	734 000
Total Equity and Debt	1 423 000	837 000	563 000	665 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	652 000	320 000	367 000	441 000
Other Income	1 303 000	1 019 000	769 000	1 062 000
Revenue	1 954 000	1 339 000	1 136 000	1 503 000
Cost of Goods Sold	357 000	252 000	239 000	244 000
Salary Costs	809 000	590 000	540 000	700 000
Depreciation	93 000	33 000	36 000	32 000
Impairment	0	0	0	0
Expenditure	2 300 000	1 769 000	1 745 000	1 493 000
Operating Profit	−346 000	−430 000	−609 000	8 000
Financial Income	2 000	3 000	1 000	0
Financial Costs	0	15 000	6 000	0
Financial Balance	2 000	−12 000	−5 000	0
Dividends	0	0	0	0
Net Income	−343 000	−261 000	−554 000	8 000

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	830 000	98 000	101 000	68 000
Total Tangible Assets	830 000	98 000	101 000	68 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	830 000	98 000	101 000	68 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	118 000	215 000	5 000	194 000
Total Current Assets	593 000	739 000	462 000	597 000
Total Assets	1 423 000	837 000	563 000	665 000
Total Equity	142 000	−33 000	−413 000	−69 000
Short-Term Group Debt	138 000	419 000	493 000	388 000
Total Long-Term Debt	774 000	0	0	0
Creditors	75 000	89 000	69 000	27 000
Unpaid Taxes	32 000	53 000	7 000	60 000
Dividends	0	0	0	0
Other Current Debt	262 000	310 000	408 000	260 000
Total Current Debt	507 000	870 000	976 000	734 000
Total Equity and Debt	1 423 000	837 000	563 000	665 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−241,55 %	790,91 %	134,14 %	−11,59 %
Debt-to-Equity Ratio	5,45	−0	−0	−0
Operating Profit Margin	−17,71 %	−32,11 %	−53,61 %	0,53 %
Current Ratio	1,17	0,85	0,47	0,81
Quick Ratio	1,17	0,85	0,47	0,81
Equity Ratio	0,1	−0,04	−0,73	−0,1
Gross Profit Margin	81,73 %	81,18 %	78,96 %	83,77 %