SORTLAND MAT & VINHUS AS

8400 SORTLAND

Finances

Return on Equity

−91,6 %

Current Ratio

1,7

Debt-to-Equity Ratio

6,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 353 000	4 296 000	3 919 000	6 510 000
Net Income	−720 000	−33 000	−140 000	−26 000
Total Assets	6 370 000	7 486 000	7 742 000	8 341 000
Total Equity	786 000	1 507 000	1 540 000	1 680 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 353 000	4 296 000	3 919 000	6 510 000
Expenditure	2 916 000	4 136 000	3 898 000	6 287 000
Operating Profit	−647 000	164 000	21 000	224 000
Financial Income	0	0	0	1 000
Financial Costs	277 000	205 000	200 000	254 000
Financial Balance	−277 000	−205 000	−200 000	−253 000
Earnings Before Tax	−923 000	−41 000	−179 000	−30 000
Tax	−203 000	−8 000	−39 000	−4 000
Net Income	−720 000	−33 000	−140 000	−26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 110 000	6 307 000	6 660 000	6 866 000
Total Current Assets	260 000	1 179 000	1 082 000	1 475 000
Total Assets	6 370 000	7 486 000	7 742 000	8 341 000
Total Retained Equity	−819 000	−99 000	−66 000	74 000
Total Equity	786 000	1 507 000	1 540 000	1 680 000
Total Long-Term Debt	5 431 000	5 588 000	5 790 000	5 879 000
Total Current Debt	153 000	392 000	412 000	783 000
Total Equity and Debt	6 370 000	7 486 000	7 742 000	8 341 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 255 000	3 693 000	3 635 000	6 039 000
Other Income	98 000	603 000	284 000	471 000
Revenue	2 353 000	4 296 000	3 919 000	6 510 000
Cost of Goods Sold	636 000	1 006 000	1 086 000	1 982 000
Salary Costs	1 168 000	1 826 000	1 652 000	2 650 000
Depreciation	317 000	354 000	365 000	459 000
Impairment	0	0	0	0
Expenditure	2 916 000	4 136 000	3 898 000	6 287 000
Operating Profit	−647 000	164 000	21 000	224 000
Financial Income	0	0	0	1 000
Financial Costs	277 000	205 000	200 000	254 000
Financial Balance	−277 000	−205 000	−200 000	−253 000
Dividends	0	0	0	0
Net Income	−720 000	−33 000	−140 000	−26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	192 000	0	0	0
Real Eastate	5 684 000	5 915 000	5 407 000	5 567 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	233 000	391 000	1 253 000	1 299 000
Total Tangible Assets	5 917 000	6 306 000	6 660 000	6 866 000
Total Fiancial Fixed Assets	1 000	1 000	0	0
Total Fixed Assets	6 110 000	6 307 000	6 660 000	6 866 000
Stock	0	85 000	80 000	133 000
Total Investments	0	0	0	0
Cash, Bank	226 000	894 000	808 000	921 000
Total Current Assets	260 000	1 179 000	1 082 000	1 475 000
Total Assets	6 370 000	7 486 000	7 742 000	8 341 000
Total Equity	786 000	1 507 000	1 540 000	1 680 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 431 000	5 588 000	5 790 000	5 879 000
Creditors	13 000	31 000	55 000	75 000
Unpaid Taxes	7 000	139 000	85 000	390 000
Dividends	0	0	0	0
Other Current Debt	133 000	221 000	273 000	318 000
Total Current Debt	153 000	392 000	412 000	783 000
Total Equity and Debt	6 370 000	7 486 000	7 742 000	8 341 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−91,6 %	−2,19 %	−9,09 %	−1,55 %
Debt-to-Equity Ratio	6,91	3,71	3,76	3,5
Operating Profit Margin	−27,5 %	3,82 %	0,54 %	3,44 %
Current Ratio	1,7	3,01	2,63	1,88
Quick Ratio	1,7	3,84	3,26	2,27
Equity Ratio	0,12	0,2	0,2	0,2
Gross Profit Margin	72,97 %	76,58 %	72,29 %	69,55 %