KORNMOENGA VEL

0179 OSLO

Finances

Share Ownership

Return on Equity

24,24 %

Current Ratio

1,68

Debt-to-Equity Ratio

Key figures (NOK)	2017	2016	2015	2014
Revenue	2 774 000	1 698 000	1 455 000	1 163 000
Net Income	151 000	−590 000	137 000	30 000
Total Assets	1 541 000	1 949 000	2 106 000	1 690 000
Total Equity	623 000	473 000	1 063 000	925 000

Income (NOK)	2017	2016	2015	2014
Revenue	2 774 000	1 698 000	1 455 000	1 163 000
Expenditure	2 627 000	2 297 000	1 335 000	1 156 000
Operating Profit	146 000	−598 000	120 000	7 000
Financial Income	5 000	9 000	18 000	23 000
Financial Costs	0	0	0	0
Financial Balance	5 000	9 000	18 000	23 000
Earnings Before Tax	151 000	−590 000	137 000	30 000
Tax	0	0	0	0
Net Income	151 000	−590 000	137 000	30 000

Balance (NOK)	2017	2016	2015	2014
Total Fixed Assets	0	0	0	0
Total Current Assets	1 541 000	1 949 000	2 106 000	1 690 000
Total Assets	1 541 000	1 949 000	2 106 000	1 690 000
Total Retained Equity	623 000	473 000	1 063 000	925 000
Total Equity	623 000	473 000	1 063 000	925 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	917 000	1 476 000	1 044 000	765 000
Total Equity and Debt	1 541 000	1 949 000	2 106 000	1 690 000

Cash flow (NOK)	2017	2016	2015	2014
Sales Income	0	0	0	0
Other Income	2 774 000	1 698 000	1 455 000	1 163 000
Revenue	2 774 000	1 698 000	1 455 000	1 163 000
Cost of Goods Sold	0	0	0	0
Salary Costs	228 000	171 000	114 000	114 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 627 000	2 297 000	1 335 000	1 156 000
Operating Profit	146 000	−598 000	120 000	7 000
Financial Income	5 000	9 000	18 000	23 000
Financial Costs	0	0	0	0
Financial Balance	5 000	9 000	18 000	23 000
Dividends	0	0	0	0
Net Income	151 000	−590 000	137 000	30 000

Balance details (NOK)	2017	2016	2015	2014
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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 483 000	1 531 000	2 058 000	1 563 000
Total Current Assets	1 541 000	1 949 000	2 106 000	1 690 000
Total Assets	1 541 000	1 949 000	2 106 000	1 690 000
Total Equity	623 000	473 000	1 063 000	925 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	575 000	901 000	391 000	212 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	342 000	575 000	653 000	553 000
Total Current Debt	917 000	1 476 000	1 044 000	765 000
Total Equity and Debt	1 541 000	1 949 000	2 106 000	1 690 000

Financial indicators	2017	2016	2015	2014
Return on Equity	24,24 %	−124,74 %	12,89 %	3,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,26 %	−35,22 %	8,25 %	0,6 %
Current Ratio	1,68	1,32	2,02	2,21
Quick Ratio	1,68	1,32	2,02	2,21
Equity Ratio	0,4	0,24	0,5	0,55
Gross Profit Margin	100 %	100 %	100 %	100 %