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CORNADO AS

967769398Aksjeselskap
Municipality
TRONDHEIM
Founded
22.10.1993
Roles
1
Company details
Business address
Bynesveien 9, 7018 TRONDHEIM
Municipality
Trondheim
Sector
Private aksjeselskaper mv.
Share capital
300 000 kr
Registered
20.02.1995
Purpose
Eiendomsdrift.
Board and management
Øyvind Gartland
Styrets leder

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Financials2025
Revenue
1.5 mill
Operating result
1.0 mill
Net result
871k
Assets
6.3 mill
Equity
4.9 mill
Debt
1.4 mill
YearRevenueOperating resultNet resultAssets
20251.5 mill1.0 mill871k6.3 mill
20241.4 mill941k805k6.3 mill
Financial health check
Equity ratio
Very good
Current ratio
Satisfactory
Profitability
Very good
Income statement and balance sheet
20252024
Income statement
Revenue1.5 mill1.4 mill
Operating costs500k492k
= Operating result1.0 mill941k
Net finance112k91k
= Net result871k805k
Balance sheet
Fixed assets4.3 mill4.3 mill
Current assets2.0 mill2.0 mill
= Total assets6.3 mill6.3 mill
Equity4.9 mill5.0 mill
Long-term debt—83k
Short-term debt1.3 mill1.2 mill
= Total debt1.4 mill1.3 mill

Source: Brønnøysund Register Centre

Key Ratios
20252024Industry (median)
Operating margin
66.8%65.6%45.5%
Net margin
57.9%56.1%—
Return on assets
17.7%16.4%3.0%
Return on equity
17.7%16.2%—
Equity ratio
78.0%79.2%31.3%
Current ratio
1.501.591.61
Debt-to-equity
0.280.261.59

Based on 15652 companies

Source: Brønnøysund Register Centre. Ratios are calculated using universal formulas.

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