KORTSHOP EIENDOM AS

6010 ÅLESUND

Finances

Return on Equity

11,55 %

Current Ratio

0,32

Debt-to-Equity Ratio

1,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	889 000	883 000	740 000	675 000
Net Income	322 000	759 000	531 000	83 000
Total Assets	7 382 000	7 974 000	8 019 000	7 492 000
Total Equity	2 788 000	2 466 000	1 706 000	1 176 000

Income (NOK)	2022	2021	2020	2019
Revenue	889 000	883 000	740 000	675 000
Expenditure	265 000	373 000	364 000	371 000
Operating Profit	624 000	510 000	376 000	304 000
Financial Income	0	500 000	407 000	0
Financial Costs	210 000	177 000	203 000	221 000
Financial Balance	−210 000	323 000	204 000	−221 000
Earnings Before Tax	413 000	832 000	580 000	83 000
Tax	91 000	73 000	49 000	0
Net Income	322 000	759 000	531 000	83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 026 000	7 126 000	7 273 000	7 161 000
Total Current Assets	356 000	849 000	746 000	331 000
Total Assets	7 382 000	7 974 000	8 019 000	7 492 000
Total Retained Equity	2 688 000	2 366 000	1 606 000	1 076 000
Total Equity	2 788 000	2 466 000	1 706 000	1 176 000
Total Long-Term Debt	3 495 000	3 807 000	4 121 000	4 227 000
Total Current Debt	1 099 000	1 701 000	2 192 000	2 090 000
Total Equity and Debt	7 382 000	7 974 000	8 019 000	7 492 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	10 000	0	675 000
Other Income	889 000	873 000	740 000	0
Revenue	889 000	883 000	740 000	675 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	150 000	148 000	143 000	142 000
Impairment	0	0	0	0
Expenditure	265 000	373 000	364 000	371 000
Operating Profit	624 000	510 000	376 000	304 000
Financial Income	0	500 000	407 000	0
Financial Costs	210 000	177 000	203 000	221 000
Financial Balance	−210 000	323 000	204 000	−221 000
Dividends	0	0	0	0
Net Income	322 000	759 000	531 000	83 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 403 000	6 544 000	6 686 000	5 326 000
Machinery and Plant Facilities	0	0	0	1 242 000
Fixtures	49 000	7 000	13 000	19 000
Total Tangible Assets	6 451 000	6 551 000	6 699 000	6 587 000
Total Fiancial Fixed Assets	574 000	574 000	574 000	574 000
Total Fixed Assets	7 026 000	7 126 000	7 273 000	7 161 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	328 000	289 000	277 000	197 000
Total Current Assets	356 000	849 000	746 000	331 000
Total Assets	7 382 000	7 974 000	8 019 000	7 492 000
Total Equity	2 788 000	2 466 000	1 706 000	1 176 000
Short-Term Group Debt	0	0	407 000	7 000
Total Long-Term Debt	3 495 000	3 807 000	4 121 000	4 227 000
Creditors	4 000	71 000	84 000	33 000
Unpaid Taxes	190 000	168 000	75 000	31 000
Dividends	0	0	0	0
Other Current Debt	812 000	1 386 000	1 626 000	2 019 000
Total Current Debt	1 099 000	1 701 000	2 192 000	2 090 000
Total Equity and Debt	7 382 000	7 974 000	8 019 000	7 492 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,55 %	30,78 %	31,13 %	7,06 %
Debt-to-Equity Ratio	1,25	1,54	2,42	3,59
Operating Profit Margin	70,19 %	57,76 %	50,81 %	45,04 %
Current Ratio	0,32	0,5	0,34	0,16
Quick Ratio	0,32	0,5	0,34	0,16
Equity Ratio	0,38	0,31	0,21	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %