KORSVOLL MASKIN AS

2662 DOVRE

Finances

Return on Equity

34,47 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 330 000	31 709 000	29 012 000	41 515 000
Net Income	6 544 000	2 189 000	1 053 000	1 571 000
Total Assets	36 100 000	26 850 000	26 890 000	22 412 000
Total Equity	18 983 000	12 439 000	10 700 000	9 647 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 330 000	31 709 000	29 012 000	41 515 000
Expenditure	36 866 000	28 381 000	27 225 000	39 064 000
Operating Profit	8 464 000	3 330 000	1 787 000	2 452 000
Financial Income	355 000	31 000	35 000	27 000
Financial Costs	428 000	543 000	427 000	448 000
Financial Balance	−73 000	−512 000	−392 000	−421 000
Earnings Before Tax	8 391 000	2 817 000	1 396 000	2 031 000
Tax	1 847 000	628 000	343 000	460 000
Net Income	6 544 000	2 189 000	1 053 000	1 571 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 717 000	12 182 000	12 752 000	14 246 000
Total Current Assets	21 383 000	14 668 000	14 137 000	8 166 000
Total Assets	36 100 000	26 850 000	26 890 000	22 412 000
Total Retained Equity	18 883 000	12 339 000	10 600 000	9 547 000
Total Equity	18 983 000	12 439 000	10 700 000	9 647 000
Total Long-Term Debt	4 794 000	4 312 000	5 105 000	3 002 000
Total Current Debt	12 323 000	10 099 000	11 084 000	9 762 000
Total Equity and Debt	36 100 000	26 850 000	26 890 000	22 412 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 704 000	31 379 000	28 906 000	41 417 000
Other Income	626 000	330 000	106 000	98 000
Revenue	45 330 000	31 709 000	29 012 000	41 515 000
Cost of Goods Sold	3 345 000	3 602 000	3 492 000	7 936 000
Salary Costs	13 872 000	10 225 000	9 418 000	11 209 000
Depreciation	2 904 000	2 639 000	2 622 000	2 441 000
Impairment	0	0	0	0
Expenditure	36 866 000	28 381 000	27 225 000	39 064 000
Operating Profit	8 464 000	3 330 000	1 787 000	2 452 000
Financial Income	355 000	31 000	35 000	27 000
Financial Costs	428 000	543 000	427 000	448 000
Financial Balance	−73 000	−512 000	−392 000	−421 000
Dividends	0	450 000	0	0
Net Income	6 544 000	2 189 000	1 053 000	1 571 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	273 000	180 000	24 000	0
Real Eastate	2 412 000	2 834 000	2 752 000	2 986 000
Machinery and Plant Facilities	5 072 000	6 078 000	7 244 000	7 865 000
Fixtures	3 392 000	1 446 000	1 558 000	1 600 000
Total Tangible Assets	10 875 000	10 358 000	11 554 000	12 450 000
Total Fiancial Fixed Assets	3 569 000	1 643 000	1 174 000	1 795 000
Total Fixed Assets	14 717 000	12 182 000	12 752 000	14 246 000
Stock	274 000	688 000	706 000	590 000
Total Investments	0	0	0	0
Cash, Bank	7 302 000	1 940 000	1 720 000	1 670 000
Total Current Assets	21 383 000	14 668 000	14 137 000	8 166 000
Total Assets	36 100 000	26 850 000	26 890 000	22 412 000
Total Equity	18 983 000	12 439 000	10 700 000	9 647 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 794 000	4 312 000	5 105 000	3 002 000
Creditors	3 896 000	5 572 000	5 472 000	4 347 000
Unpaid Taxes	3 784 000	1 924 000	3 180 000	3 420 000
Dividends	0	450 000	0	0
Other Current Debt	2 701 000	1 362 000	1 325 000	1 455 000
Total Current Debt	12 323 000	10 099 000	11 084 000	9 762 000
Total Equity and Debt	36 100 000	26 850 000	26 890 000	22 412 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,47 %	17,6 %	9,84 %	16,28 %
Debt-to-Equity Ratio	0,25	0,35	0,48	0,31
Operating Profit Margin	18,67 %	10,5 %	6,16 %	5,91 %
Current Ratio	1,74	1,45	1,28	0,84
Quick Ratio	1,77	1,56	1,36	0,89
Equity Ratio	0,53	0,46	0,4	0,43
Gross Profit Margin	92,62 %	88,64 %	87,96 %	80,88 %