SØRUTVIKLING AS

4611 KRISTIANSAND S

Finances

Return on Equity

11,41 %

Current Ratio

0,61

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 649 000	3 503 000	2 891 000	4 313 000
Net Income	4 531 000	8 194 000	−3 122 000	183 000
Total Assets	120 064 000	123 876 000	117 570 000	115 476 000
Total Equity	39 695 000	41 163 000	36 970 000	40 092 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 649 000	3 503 000	2 891 000	4 313 000
Expenditure	12 052 000	8 893 000	8 540 000	9 302 000
Operating Profit	−8 403 000	−5 390 000	−5 650 000	−4 988 000
Financial Income	13 858 000	14 657 000	3 170 000	7 445 000
Financial Costs	1 971 000	1 495 000	1 490 000	2 200 000
Financial Balance	11 887 000	13 162 000	1 680 000	5 245 000
Earnings Before Tax	3 483 000	7 771 000	−3 971 000	257 000
Tax	−1 048 000	−422 000	−848 000	74 000
Net Income	4 531 000	8 194 000	−3 122 000	183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 393 000	93 488 000	97 457 000	96 248 000
Total Current Assets	29 670 000	30 388 000	20 113 000	19 228 000
Total Assets	120 064 000	123 876 000	117 570 000	115 476 000
Total Retained Equity	38 437 000	39 906 000	35 712 000	38 835 000
Total Equity	39 695 000	41 163 000	36 970 000	40 092 000
Total Long-Term Debt	31 426 000	29 260 000	27 221 000	17 457 000
Total Current Debt	48 943 000	53 453 000	53 379 000	57 927 000
Total Equity and Debt	120 064 000	123 876 000	117 570 000	115 476 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	91 000	425 000	263 000	275 000
Other Income	3 558 000	3 078 000	2 628 000	4 038 000
Revenue	3 649 000	3 503 000	2 891 000	4 313 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 816 000	4 308 000	4 273 000	5 468 000
Depreciation	613 000	228 000	282 000	218 000
Impairment	0	0	0	0
Expenditure	12 052 000	8 893 000	8 540 000	9 302 000
Operating Profit	−8 403 000	−5 390 000	−5 650 000	−4 988 000
Financial Income	13 858 000	14 657 000	3 170 000	7 445 000
Financial Costs	1 971 000	1 495 000	1 490 000	2 200 000
Financial Balance	11 887 000	13 162 000	1 680 000	5 245 000
Dividends	6 000 000	0	0	0
Net Income	4 531 000	8 194 000	−3 122 000	183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 911 000	863 000	441 000	0
Real Eastate	20 209 000	29 150 000	29 162 000	13 674 000
Machinery and Plant Facilities	68 000	85 000	107 000	134 000
Fixtures	958 000	1 114 000	1 309 000	1 022 000
Total Tangible Assets	21 236 000	30 349 000	30 577 000	14 830 000
Total Fiancial Fixed Assets	67 246 000	62 276 000	66 439 000	81 418 000
Total Fixed Assets	90 393 000	93 488 000	97 457 000	96 248 000
Stock	6 500 000	6 500 000	6 500 000	0
Total Investments	0	0	0	0
Cash, Bank	132 000	144 000	161 000	1 355 000
Total Current Assets	29 670 000	30 388 000	20 113 000	19 228 000
Total Assets	120 064 000	123 876 000	117 570 000	115 476 000
Total Equity	39 695 000	41 163 000	36 970 000	40 092 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 426 000	29 260 000	27 221 000	17 457 000
Creditors	917 000	713 000	926 000	411 000
Unpaid Taxes	269 000	322 000	325 000	346 000
Dividends	6 000 000	0	0	0
Other Current Debt	604 000	648 000	4 602 000	8 629 000
Total Current Debt	48 943 000	53 453 000	53 379 000	57 927 000
Total Equity and Debt	120 064 000	123 876 000	117 570 000	115 476 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,41 %	19,91 %	−8,44 %	0,46 %
Debt-to-Equity Ratio	0,79	0,71	0,74	0,44
Operating Profit Margin	−230,28 %	−153,87 %	−195,43 %	−115,65 %
Current Ratio	0,61	0,57	0,38	0,33
Quick Ratio	0,7	0,65	0,43	0,33
Equity Ratio	0,33	0,33	0,31	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %