CORROVENTA AVFUKTNING AS

0687 OSLO

Finances

Share Ownership

Return on Equity

67,03 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 328 000	12 178 000	9 419 000	17 037 000
Net Income	1 368 000	215 000	237 000	1 451 000
Total Assets	7 932 000	2 206 000	5 132 000	6 277 000
Total Equity	2 041 000	673 000	3 258 000	3 022 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 328 000	12 178 000	9 419 000	17 037 000
Expenditure	14 618 000	11 871 000	9 151 000	15 220 000
Operating Profit	1 710 000	307 000	268 000	1 817 000
Financial Income	15 000	11 000	36 000	44 000
Financial Costs	0	1 000	1 000	0
Financial Balance	15 000	10 000	35 000	44 000
Earnings Before Tax	1 725 000	317 000	303 000	1 861 000
Tax	357 000	102 000	67 000	410 000
Net Income	1 368 000	215 000	237 000	1 451 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	0	0	39 000
Total Current Assets	7 899 000	2 206 000	5 132 000	6 238 000
Total Assets	7 932 000	2 206 000	5 132 000	6 277 000
Total Retained Equity	1 921 000	553 000	3 138 000	2 902 000
Total Equity	2 041 000	673 000	3 258 000	3 022 000
Total Long-Term Debt	0	17 000	6 000	0
Total Current Debt	5 891 000	1 516 000	1 867 000	3 256 000
Total Equity and Debt	7 932 000	2 206 000	5 132 000	6 277 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 322 000	12 178 000	9 044 000	17 037 000
Other Income	6 000	0	375 000	0
Revenue	16 328 000	12 178 000	9 419 000	17 037 000
Cost of Goods Sold	11 473 000	8 925 000	6 265 000	12 578 000
Salary Costs	1 765 000	1 735 000	1 528 000	1 819 000
Depreciation	4 000	0	0	8 000
Impairment	0	0	0	0
Expenditure	14 618 000	11 871 000	9 151 000	15 220 000
Operating Profit	1 710 000	307 000	268 000	1 817 000
Financial Income	15 000	11 000	36 000	44 000
Financial Costs	0	1 000	1 000	0
Financial Balance	15 000	10 000	35 000	44 000
Dividends	0	2 800 000	0	0
Net Income	1 368 000	215 000	237 000	1 451 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	39 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	33 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	33 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 000	0	0	39 000
Stock	1 414 000	749 000	723 000	652 000
Total Investments	0	0	0	0
Cash, Bank	753 000	788 000	3 424 000	2 140 000
Total Current Assets	7 899 000	2 206 000	5 132 000	6 238 000
Total Assets	7 932 000	2 206 000	5 132 000	6 277 000
Total Equity	2 041 000	673 000	3 258 000	3 022 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	17 000	6 000	0
Creditors	3 850 000	764 000	1 283 000	2 089 000
Unpaid Taxes	1 327 000	374 000	319 000	666 000
Dividends	0	2 800 000	0	0
Other Current Debt	341 000	317 000	244 000	303 000
Total Current Debt	5 891 000	1 516 000	1 867 000	3 256 000
Total Equity and Debt	7 932 000	2 206 000	5 132 000	6 277 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,03 %	31,95 %	7,27 %	48,01 %
Debt-to-Equity Ratio	0	0,03	0	0
Operating Profit Margin	10,47 %	2,52 %	2,85 %	10,67 %
Current Ratio	1,34	1,46	2,75	1,92
Quick Ratio	1,76	2,88	4,49	2,4
Equity Ratio	0,26	0,31	0,63	0,48
Gross Profit Margin	29,73 %	26,71 %	33,49 %	26,17 %