KORSTEVOLL GRUPPEN AS

3050 MJØNDALEN

Finances

Return on Equity

−1,82 %

Current Ratio

0,84

Debt-to-Equity Ratio

−0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 326 000	747 000	2 107 000	981 000
Net Income	60 000	−333 000	−1 774 000	−1 823 000
Total Assets	1 239 000	863 000	916 000	1 374 000
Total Equity	−3 305 000	−3 365 000	−3 401 000	−2 326 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 326 000	747 000	2 107 000	981 000
Expenditure	1 908 000	827 000	1 896 000	1 821 000
Operating Profit	418 000	−81 000	210 000	−839 000
Financial Income	2 000	0	77 000	7 000
Financial Costs	360 000	252 000	2 079 000	991 000
Financial Balance	−358 000	−252 000	−2 002 000	−984 000
Earnings Before Tax	60 000	−333 000	−1 792 000	−1 823 000
Tax	0	0	−17 000	0
Net Income	60 000	−333 000	−1 774 000	−1 823 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 000	38 000	443 000
Total Current Assets	1 239 000	862 000	878 000	931 000
Total Assets	1 239 000	863 000	916 000	1 374 000
Total Retained Equity	−5 505 000	−5 565 000	−5 601 000	−3 826 000
Total Equity	−3 305 000	−3 365 000	−3 401 000	−2 326 000
Total Long-Term Debt	3 064 000	2 887 000	2 796 000	2 136 000
Total Current Debt	1 479 000	1 341 000	1 520 000	1 565 000
Total Equity and Debt	1 239 000	863 000	916 000	1 374 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 326 000	747 000	2 107 000	981 000
Other Income	0	0	0	0
Revenue	2 326 000	747 000	2 107 000	981 000
Cost of Goods Sold	1 369 000	186 000	1 274 000	620 000
Salary Costs	105 000	112 000	47 000	391 000
Depreciation	1 000	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	1 908 000	827 000	1 896 000	1 821 000
Operating Profit	418 000	−81 000	210 000	−839 000
Financial Income	2 000	0	77 000	7 000
Financial Costs	360 000	252 000	2 079 000	991 000
Financial Balance	−358 000	−252 000	−2 002 000	−984 000
Dividends	0	0	0	0
Net Income	60 000	−333 000	−1 774 000	−1 823 000

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	0	1 000	6 000	12 000
Total Tangible Assets	0	1 000	6 000	12 000
Total Fiancial Fixed Assets	0	0	32 000	431 000
Total Fixed Assets	0	1 000	38 000	443 000
Stock	352 000	352 000	327 000	315 000
Total Investments	0	0	0	0
Cash, Bank	4 000	1 000	49 000	305 000
Total Current Assets	1 239 000	862 000	878 000	931 000
Total Assets	1 239 000	863 000	916 000	1 374 000
Total Equity	−3 305 000	−3 365 000	−3 401 000	−2 326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 064 000	2 887 000	2 796 000	2 136 000
Creditors	1 297 000	1 237 000	1 429 000	363 000
Unpaid Taxes	64 000	−7 000	−21 000	264 000
Dividends	0	0	0	0
Other Current Debt	119 000	112 000	113 000	886 000
Total Current Debt	1 479 000	1 341 000	1 520 000	1 565 000
Total Equity and Debt	1 239 000	863 000	916 000	1 374 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,82 %	9,9 %	52,16 %	78,37 %
Debt-to-Equity Ratio	−0,93	−0,86	−0,82	−0,92
Operating Profit Margin	17,97 %	−10,84 %	9,97 %	−85,52 %
Current Ratio	0,84	0,64	0,58	0,59
Quick Ratio	1,1	0,87	0,74	0,74
Equity Ratio	−2,67	−3,9	−3,71	−1,69
Gross Profit Margin	41,14 %	75,1 %	39,53 %	36,8 %