CORETECH AS

0277 OSLO

Finances

Return on Equity

5,73 %

Current Ratio

0,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	631 000	3 611 000	1 451 000	1 312 000
Net Income	349 000	35 020 000	5 566 000	66 000
Total Assets	19 133 000	41 927 000	7 975 000	6 683 000
Total Equity	6 092 000	25 155 000	135 000	−1 872 000

Income (NOK)	2022	2021	2020	2019
Revenue	631 000	3 611 000	1 451 000	1 312 000
Expenditure	1 276 000	1 564 000	759 000	1 439 000
Operating Profit	−645 000	2 047 000	691 000	−127 000
Financial Income	1 497 000	33 415 000	4 669 000	1 606 000
Financial Costs	506 000	−13 000	−325 000	1 413 000
Financial Balance	991 000	33 428 000	4 994 000	193 000
Earnings Before Tax	346 000	35 474 000	5 684 000	66 000
Tax	−3 000	454 000	118 000	0
Net Income	349 000	35 020 000	5 566 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 638 000	4 944 000	4 068 000	3 949 000
Total Current Assets	10 496 000	36 983 000	3 907 000	2 734 000
Total Assets	19 133 000	41 927 000	7 975 000	6 683 000
Total Retained Equity	5 957 000	25 020 000	0	−2 072 000
Total Equity	6 092 000	25 155 000	135 000	−1 872 000
Total Long-Term Debt	7 000	10 000	2 548 000	2 548 000
Total Current Debt	13 034 000	16 761 000	5 292 000	6 007 000
Total Equity and Debt	19 133 000	41 927 000	7 975 000	6 683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	631 000	3 811 000	1 351 000	1 323 000
Other Income	0	−200 000	100 000	−11 000
Revenue	631 000	3 611 000	1 451 000	1 312 000
Cost of Goods Sold	0	0	411 000	0
Salary Costs	78 000	613 000	26 000	−3 000
Depreciation	105 000	41 000	48 000	48 000
Impairment	0	0	0	0
Expenditure	1 276 000	1 564 000	759 000	1 439 000
Operating Profit	−645 000	2 047 000	691 000	−127 000
Financial Income	1 497 000	33 415 000	4 669 000	1 606 000
Financial Costs	506 000	−13 000	−325 000	1 413 000
Financial Balance	991 000	33 428 000	4 994 000	193 000
Dividends	19 411 000	10 000 000	3 560 000	0
Net Income	349 000	35 020 000	5 566 000	66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	335 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	525 000	247 000	24 000	72 000
Total Tangible Assets	860 000	247 000	24 000	72 000
Total Fiancial Fixed Assets	7 778 000	4 697 000	4 044 000	3 876 000
Total Fixed Assets	8 638 000	4 944 000	4 068 000	3 949 000
Stock	0	0	0	0
Total Investments	7 359 000	7 359 000	0	0
Cash, Bank	2 254 000	16 728 000	1 000	2 000
Total Current Assets	10 496 000	36 983 000	3 907 000	2 734 000
Total Assets	19 133 000	41 927 000	7 975 000	6 683 000
Total Equity	6 092 000	25 155 000	135 000	−1 872 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	10 000	2 548 000	2 548 000
Creditors	391 000	240 000	133 000	190 000
Unpaid Taxes	12 000	11 000	48 000	−2 000
Dividends	19 411 000	10 000 000	3 560 000	0
Other Current Debt	2 631 000	6 066 000	1 434 000	5 819 000
Total Current Debt	13 034 000	16 761 000	5 292 000	6 007 000
Total Equity and Debt	19 133 000	41 927 000	7 975 000	6 683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,73 %	139,22 %	4 122,96 %	−3,53 %
Debt-to-Equity Ratio	0	0	18,87	−1,36
Operating Profit Margin	−102,22 %	56,69 %	47,62 %	−9,68 %
Current Ratio	0,81	2,21	0,74	0,46
Quick Ratio	0,81	2,21	0,74	0,46
Equity Ratio	0,32	0,6	0,02	−0,28
Gross Profit Margin	100 %	100 %	71,67 %	100 %