SØRHAUGGT 88/86 AS

5528 HAUGESUND

Finances

Share Ownership

Return on Equity

40,59 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 104 000	1 133 000	1 218 000	750 000
Net Income	742 000	609 000	786 000	239 000
Total Assets	3 269 000	3 432 000	3 696 000	2 725 000
Total Equity	1 828 000	2 287 000	2 301 000	2 309 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 104 000	1 133 000	1 218 000	750 000
Expenditure	151 000	356 000	209 000	443 000
Operating Profit	953 000	777 000	1 009 000	306 000
Financial Income	0	4 000	0	0
Financial Costs	1 000	0	1 000	1 000
Financial Balance	−1 000	4 000	−1 000	−1 000
Earnings Before Tax	952 000	781 000	1 008 000	306 000
Tax	209 000	172 000	222 000	67 000
Net Income	742 000	609 000	786 000	239 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 704 000	1 720 000	1 808 000	1 898 000
Total Current Assets	1 565 000	1 711 000	1 888 000	827 000
Total Assets	3 269 000	3 432 000	3 696 000	2 725 000
Total Retained Equity	0	0	1 000	9 000
Total Equity	1 828 000	2 287 000	2 301 000	2 309 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 441 000	1 145 000	1 395 000	416 000
Total Equity and Debt	3 269 000	3 432 000	3 696 000	2 725 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 104 000	1 133 000	1 218 000	750 000
Revenue	1 104 000	1 133 000	1 218 000	750 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	6 000	93 000	96 000	96 000
Impairment	0	0	0	0
Expenditure	151 000	356 000	209 000	443 000
Operating Profit	953 000	777 000	1 009 000	306 000
Financial Income	0	4 000	0	0
Financial Costs	1 000	0	1 000	1 000
Financial Balance	−1 000	4 000	−1 000	−1 000
Dividends	0	0	170 000	230 000
Net Income	742 000	609 000	786 000	239 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	144 000	154 000	149 000	143 000
Real Eastate	1 560 000	1 566 000	1 653 000	1 741 000
Machinery and Plant Facilities	0	0	5 000	15 000
Fixtures	0	0	0	0
Total Tangible Assets	1 560 000	1 566 000	1 659 000	1 755 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 704 000	1 720 000	1 808 000	1 898 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	660 000	1 083 000	1 074 000	472 000
Total Current Assets	1 565 000	1 711 000	1 888 000	827 000
Total Assets	3 269 000	3 432 000	3 696 000	2 725 000
Total Equity	1 828 000	2 287 000	2 301 000	2 309 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	8 000	0	0
Unpaid Taxes	33 000	336 000	145 000	113 000
Dividends	0	0	170 000	230 000
Other Current Debt	1 400 000	800 000	1 027 000	0
Total Current Debt	1 441 000	1 145 000	1 395 000	416 000
Total Equity and Debt	3 269 000	3 432 000	3 696 000	2 725 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,59 %	26,63 %	34,16 %	10,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	86,32 %	68,58 %	82,84 %	40,8 %
Current Ratio	1,09	1,49	1,35	1,99
Quick Ratio	1,09	1,49	1,35	1,99
Equity Ratio	0,56	0,67	0,62	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %