KORSA EIENDOM AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

208,96 %

Current Ratio

Debt-to-Equity Ratio

−0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	68 000	121 000	119 000	159 000
Net Income	−140 000	0	20 000	−28 000
Total Assets	0	1 353 000	1 400 000	1 419 000
Total Equity	−67 000	74 000	73 000	53 000

Income (NOK)	2022	2021	2020	2019
Revenue	68 000	121 000	119 000	159 000
Expenditure	181 000	67 000	54 000	102 000
Operating Profit	−113 000	54 000	65 000	57 000
Financial Income	0	0	0	0
Financial Costs	27 000	53 000	45 000	85 000
Financial Balance	−27 000	−53 000	−45 000	−85 000
Earnings Before Tax	−140 000	0	20 000	−28 000
Tax	0	0	0	0
Net Income	−140 000	0	20 000	−28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 334 000	1 334 000	1 334 000
Total Current Assets	0	19 000	66 000	85 000
Total Assets	0	1 353 000	1 400 000	1 419 000
Total Retained Equity	−297 000	−156 000	−157 000	−177 000
Total Equity	−67 000	74 000	73 000	53 000
Total Long-Term Debt	60 000	1 261 000	1 312 000	1 350 000
Total Current Debt	7 000	18 000	15 000	15 000
Total Equity and Debt	0	1 353 000	1 400 000	1 419 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	68 000	121 000	119 000	159 000
Revenue	68 000	121 000	119 000	159 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	181 000	67 000	54 000	102 000
Operating Profit	−113 000	54 000	65 000	57 000
Financial Income	0	0	0	0
Financial Costs	27 000	53 000	45 000	85 000
Financial Balance	−27 000	−53 000	−45 000	−85 000
Dividends	0	0	0	0
Net Income	−140 000	0	20 000	−28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	1 334 000	1 334 000	1 334 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	1 334 000	1 334 000	1 334 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	1 334 000	1 334 000	1 334 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	19 000	63 000	84 000
Total Current Assets	0	19 000	66 000	85 000
Total Assets	0	1 353 000	1 400 000	1 419 000
Total Equity	−67 000	74 000	73 000	53 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	60 000	1 261 000	1 312 000	1 350 000
Creditors	1 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	18 000	15 000	15 000
Total Current Debt	7 000	18 000	15 000	15 000
Total Equity and Debt	0	1 353 000	1 400 000	1 419 000

Financial indicators	2022	2021	2020	2019
Return on Equity	208,96 %	0 %	27,4 %	−52,83 %
Debt-to-Equity Ratio	−0,9	17,04	17,97	25,47
Operating Profit Margin	−166,18 %	44,63 %	54,62 %	35,85 %
Current Ratio	0	1,06	4,4	5,67
Quick Ratio	0	1,06	4,4	5,67
Equity Ratio	-	0,05	0,05	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %