KORSVEIEN EIENDOM AS

7212 KORSVEGEN

Finances

Share Ownership

Return on Equity

8,25 %

Current Ratio

3,88

Debt-to-Equity Ratio

1,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 136 000	1 068 000	1 039 000	1 083 000
Net Income	224 000	228 000	197 000	197 000
Total Assets	6 027 000	6 137 000	6 317 000	6 127 000
Total Equity	2 715 000	2 492 000	2 264 000	2 067 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 136 000	1 068 000	1 039 000	1 083 000
Expenditure	706 000	669 000	681 000	693 000
Operating Profit	429 000	399 000	358 000	390 000
Financial Income	1 000	0	0	1 000
Financial Costs	143 000	107 000	106 000	138 000
Financial Balance	−142 000	−107 000	−106 000	−137 000
Earnings Before Tax	287 000	292 000	252 000	252 000
Tax	63 000	64 000	56 000	55 000
Net Income	224 000	228 000	197 000	197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 282 000	5 540 000	5 804 000	5 964 000
Total Current Assets	745 000	596 000	513 000	163 000
Total Assets	6 027 000	6 137 000	6 317 000	6 127 000
Total Retained Equity	2 615 000	2 392 000	2 164 000	1 967 000
Total Equity	2 715 000	2 492 000	2 264 000	2 067 000
Total Long-Term Debt	3 120 000	3 464 000	3 883 000	3 798 000
Total Current Debt	192 000	181 000	170 000	262 000
Total Equity and Debt	6 027 000	6 137 000	6 317 000	6 127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 000	7 000	27 000	58 000
Other Income	1 128 000	1 060 000	1 012 000	1 025 000
Revenue	1 136 000	1 068 000	1 039 000	1 083 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	258 000	264 000	263 000	257 000
Impairment	0	0	0	0
Expenditure	706 000	669 000	681 000	693 000
Operating Profit	429 000	399 000	358 000	390 000
Financial Income	1 000	0	0	1 000
Financial Costs	143 000	107 000	106 000	138 000
Financial Balance	−142 000	−107 000	−106 000	−137 000
Dividends	0	0	0	0
Net Income	224 000	228 000	197 000	197 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 267 000	5 510 000	5 753 000	5 892 000
Machinery and Plant Facilities	14 000	25 000	35 000	45 000
Fixtures	0	5 000	16 000	27 000
Total Tangible Assets	5 282 000	5 540 000	5 804 000	5 964 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 282 000	5 540 000	5 804 000	5 964 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	741 000	592 000	520 000	129 000
Total Current Assets	745 000	596 000	513 000	163 000
Total Assets	6 027 000	6 137 000	6 317 000	6 127 000
Total Equity	2 715 000	2 492 000	2 264 000	2 067 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 120 000	3 464 000	3 883 000	3 798 000
Creditors	43 000	25 000	22 000	20 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	79 000	87 000	91 000	187 000
Total Current Debt	192 000	181 000	170 000	262 000
Total Equity and Debt	6 027 000	6 137 000	6 317 000	6 127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,25 %	9,15 %	8,7 %	9,53 %
Debt-to-Equity Ratio	1,15	1,39	1,72	1,84
Operating Profit Margin	37,76 %	37,36 %	34,46 %	36,01 %
Current Ratio	3,88	3,29	3,02	0,62
Quick Ratio	3,88	3,29	3,02	0,62
Equity Ratio	0,45	0,41	0,36	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %