SØRSTRØNEN AS

4008 STAVANGER

Finances

Return on Equity

17,29 %

Current Ratio

0,02

Debt-to-Equity Ratio

14,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 000	19 000	0	0
Net Income	23 000	4 000	−12 000	−82 000
Total Assets	2 432 000	2 452 000	423 000	121 000
Total Equity	133 000	111 000	107 000	119 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 000	19 000	0	0
Expenditure	12 000	15 000	12 000	82 000
Operating Profit	23 000	4 000	−12 000	−82 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	23 000	4 000	−12 000	−82 000
Tax	0	0	0	0
Net Income	23 000	4 000	−12 000	−82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 426 000	2 426 000	341 000	0
Total Current Assets	6 000	26 000	82 000	121 000
Total Assets	2 432 000	2 452 000	423 000	121 000
Total Retained Equity	103 000	81 000	77 000	89 000
Total Equity	133 000	111 000	107 000	119 000
Total Long-Term Debt	1 943 000	1 945 000	0	0
Total Current Debt	356 000	396 000	316 000	2 000
Total Equity and Debt	2 432 000	2 452 000	423 000	121 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 000	19 000	0	0
Other Income	0	0	0	0
Revenue	35 000	19 000	0	0
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	12 000	15 000	12 000	82 000
Operating Profit	23 000	4 000	−12 000	−82 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	23 000	4 000	−12 000	−82 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 426 000	2 426 000	341 000	0
Total Fixed Assets	2 426 000	2 426 000	341 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	24 000	65 000	105 000
Total Current Assets	6 000	26 000	82 000	121 000
Total Assets	2 432 000	2 452 000	423 000	121 000
Total Equity	133 000	111 000	107 000	119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 943 000	1 945 000	0	0
Creditors	0	0	0	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	356 000	396 000	316 000	0
Total Current Debt	356 000	396 000	316 000	2 000
Total Equity and Debt	2 432 000	2 452 000	423 000	121 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,29 %	3,6 %	−11,21 %	−68,91 %
Debt-to-Equity Ratio	14,61	17,52	0	0
Operating Profit Margin	65,71 %	21,05 %	-	-
Current Ratio	0,02	0,07	0,26	60,5
Quick Ratio	0,02	0,07	0,26	60,5
Equity Ratio	0,05	0,05	0,25	0,98
Gross Profit Margin	100 %	100 %	-	-