SØRENGA 11 AS

7032 TRONDHEIM

Finances

Share Ownership

Return on Equity

−24,07 %

Current Ratio

0,6

Debt-to-Equity Ratio

10,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	410 000	390 000	270 000	503 000
Net Income	−58 000	92 000	−13 000	117 000
Total Assets	3 056 000	2 887 000	3 089 000	3 041 000
Total Equity	241 000	299 000	207 000	220 000

Income (NOK)	2022	2021	2020	2019
Revenue	410 000	390 000	270 000	503 000
Expenditure	456 000	297 000	286 000	354 000
Operating Profit	−45 000	93 000	−16 000	149 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	0	0
Financial Balance	−2 000	−1 000	0	0
Earnings Before Tax	−47 000	92 000	−16 000	149 000
Tax	11 000	0	−4 000	33 000
Net Income	−58 000	92 000	−13 000	117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 831 000	2 890 000	2 948 000	3 002 000
Total Current Assets	225 000	−3 000	141 000	39 000
Total Assets	3 056 000	2 887 000	3 089 000	3 041 000
Total Retained Equity	175 000	233 000	141 000	154 000
Total Equity	241 000	299 000	207 000	220 000
Total Long-Term Debt	2 440 000	2 431 000	47 000	51 000
Total Current Debt	375 000	157 000	2 836 000	2 771 000
Total Equity and Debt	3 056 000	2 887 000	3 089 000	3 041 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 000	390 000	0	0
Other Income	405 000	0	270 000	503 000
Revenue	410 000	390 000	270 000	503 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	59 000	59 000	54 000	54 000
Impairment	0	0	0	0
Expenditure	456 000	297 000	286 000	354 000
Operating Profit	−45 000	93 000	−16 000	149 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	0	0
Financial Balance	−2 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−58 000	92 000	−13 000	117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 831 000	2 890 000	2 948 000	3 002 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 831 000	2 890 000	2 948 000	3 002 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 831 000	2 890 000	2 948 000	3 002 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	193 000	3 000	114 000	27 000
Total Current Assets	225 000	−3 000	141 000	39 000
Total Assets	3 056 000	2 887 000	3 089 000	3 041 000
Total Equity	241 000	299 000	207 000	220 000
Short-Term Group Debt	0	0	2 455 000	2 503 000
Total Long-Term Debt	2 440 000	2 431 000	47 000	51 000
Creditors	360 000	133 000	380 000	229 000
Unpaid Taxes	0	10 000	0	0
Dividends	0	0	0	0
Other Current Debt	15 000	15 000	0	39 000
Total Current Debt	375 000	157 000	2 836 000	2 771 000
Total Equity and Debt	3 056 000	2 887 000	3 089 000	3 041 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,07 %	30,77 %	−6,28 %	53,18 %
Debt-to-Equity Ratio	10,12	8,13	0,23	0,23
Operating Profit Margin	−10,98 %	23,85 %	−5,93 %	29,62 %
Current Ratio	0,6	−0,02	0,05	0,01
Quick Ratio	0,6	−0,02	0,05	0,01
Equity Ratio	0,08	0,1	0,07	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %