KORK AS

4016 STAVANGER

Finances

Return on Equity

3,96 %

Current Ratio

56,08

Debt-to-Equity Ratio

1,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	1 466 000	13 004 000	11 630 000	2 920 000
Total Assets	78 431 000	77 774 000	64 253 000	51 083 000
Total Equity	37 064 000	35 598 000	22 594 000	10 964 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	493 000	1 891 000	1 525 000	17 000
Operating Profit	−493 000	−1 890 000	−1 525 000	−17 000
Financial Income	5 912 000	17 114 000	13 570 000	3 056 000
Financial Costs	2 851 000	1 588 000	266 000	0
Financial Balance	3 061 000	15 526 000	13 304 000	3 056 000
Earnings Before Tax	2 568 000	13 635 000	11 779 000	3 039 000
Tax	1 103 000	631 000	149 000	119 000
Net Income	1 466 000	13 004 000	11 630 000	2 920 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 763 000	3 444 000	168 000	168 000
Total Current Assets	76 667 000	74 330 000	64 085 000	50 915 000
Total Assets	78 431 000	77 774 000	64 253 000	51 083 000
Total Retained Equity	27 064 000	25 598 000	12 594 000	964 000
Total Equity	37 064 000	35 598 000	22 594 000	10 964 000
Total Long-Term Debt	40 000 000	40 000 000	40 000 000	0
Total Current Debt	1 367 000	2 176 000	1 659 000	40 119 000
Total Equity and Debt	78 431 000	77 774 000	64 253 000	51 083 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	370 000	1 748 000	1 499 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	493 000	1 891 000	1 525 000	17 000
Operating Profit	−493 000	−1 890 000	−1 525 000	−17 000
Financial Income	5 912 000	17 114 000	13 570 000	3 056 000
Financial Costs	2 851 000	1 588 000	266 000	0
Financial Balance	3 061 000	15 526 000	13 304 000	3 056 000
Dividends	0	0	0	0
Net Income	1 466 000	13 004 000	11 630 000	2 920 000

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	168 000	168 000	168 000	168 000
Total Tangible Assets	168 000	168 000	168 000	168 000
Total Fiancial Fixed Assets	1 595 000	3 276 000	0	0
Total Fixed Assets	1 763 000	3 444 000	168 000	168 000
Stock	0	0	0	0
Total Investments	36 850 000	62 866 000	60 829 000	46 658 000
Cash, Bank	39 631 000	9 867 000	1 876 000	4 100 000
Total Current Assets	76 667 000	74 330 000	64 085 000	50 915 000
Total Assets	78 431 000	77 774 000	64 253 000	51 083 000
Total Equity	37 064 000	35 598 000	22 594 000	10 964 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 000 000	40 000 000	40 000 000	0
Creditors	2 000	3 000	11 000	0
Unpaid Taxes	25 000	100 000	0	0
Dividends	0	0	0	0
Other Current Debt	237 000	1 442 000	1 499 000	40 000 000
Total Current Debt	1 367 000	2 176 000	1 659 000	40 119 000
Total Equity and Debt	78 431 000	77 774 000	64 253 000	51 083 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,96 %	36,53 %	51,47 %	26,63 %
Debt-to-Equity Ratio	1,08	1,12	1,77	0
Operating Profit Margin	-	-	-	-
Current Ratio	56,08	34,16	38,63	1,27
Quick Ratio	56,08	34,16	38,63	1,27
Equity Ratio	0,47	0,46	0,35	0,21
Gross Profit Margin	-	-	-	-