SØRLANDETS MARITIME AS

4912 GJEVING

Finances

Return on Equity

−14,67 %

Current Ratio

2,81

Debt-to-Equity Ratio

2,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 035 000	11 419 000	10 405 000	11 885 000
Net Income	−520 000	304 000	410 000	68 000
Total Assets	12 660 000	10 939 000	12 087 000	11 854 000
Total Equity	3 545 000	4 065 000	3 760 000	3 350 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 035 000	11 419 000	10 405 000	11 885 000
Expenditure	12 098 000	10 890 000	9 531 000	11 930 000
Operating Profit	−64 000	529 000	875 000	−45 000
Financial Income	57 000	147 000	20 000	463 000
Financial Costs	612 000	314 000	371 000	419 000
Financial Balance	−555 000	−167 000	−351 000	44 000
Earnings Before Tax	−619 000	361 000	525 000	−2 000
Tax	−99 000	57 000	115 000	−70 000
Net Income	−520 000	304 000	410 000	68 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 244 000	7 799 000	8 620 000	9 867 000
Total Current Assets	3 416 000	3 140 000	3 467 000	1 987 000
Total Assets	12 660 000	10 939 000	12 087 000	11 854 000
Total Retained Equity	3 095 000	3 615 000	3 310 000	2 900 000
Total Equity	3 545 000	4 065 000	3 760 000	3 350 000
Total Long-Term Debt	7 899 000	5 993 000	6 980 000	7 579 000
Total Current Debt	1 217 000	881 000	1 347 000	925 000
Total Equity and Debt	12 660 000	10 939 000	12 087 000	11 854 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 505 000	6 276 000	5 101 000	6 808 000
Other Income	5 529 000	5 143 000	5 304 000	5 077 000
Revenue	12 035 000	11 419 000	10 405 000	11 885 000
Cost of Goods Sold	250 000	707 000	103 000	1 149 000
Salary Costs	5 875 000	4 505 000	3 868 000	5 256 000
Depreciation	1 387 000	1 206 000	1 202 000	1 136 000
Impairment	0	0	0	0
Expenditure	12 098 000	10 890 000	9 531 000	11 930 000
Operating Profit	−64 000	529 000	875 000	−45 000
Financial Income	57 000	147 000	20 000	463 000
Financial Costs	612 000	314 000	371 000	419 000
Financial Balance	−555 000	−167 000	−351 000	44 000
Dividends	0	0	0	0
Net Income	−520 000	304 000	410 000	68 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	38 000	62 000	98 000	200 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	467 000	391 000	442 000	578 000
Total Tangible Assets	8 260 000	7 074 000	8 092 000	9 359 000
Total Fiancial Fixed Assets	984 000	725 000	528 000	508 000
Total Fixed Assets	9 244 000	7 799 000	8 620 000	9 867 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	962 000	1 201 000	1 506 000	599 000
Total Current Assets	3 416 000	3 140 000	3 467 000	1 987 000
Total Assets	12 660 000	10 939 000	12 087 000	11 854 000
Total Equity	3 545 000	4 065 000	3 760 000	3 350 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 899 000	5 993 000	6 980 000	7 579 000
Creditors	530 000	271 000	864 000	365 000
Unpaid Taxes	73 000	55 000	0	3 000
Dividends	0	0	0	0
Other Current Debt	614 000	431 000	424 000	557 000
Total Current Debt	1 217 000	881 000	1 347 000	925 000
Total Equity and Debt	12 660 000	10 939 000	12 087 000	11 854 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,67 %	7,48 %	10,9 %	2,03 %
Debt-to-Equity Ratio	2,23	1,47	1,86	2,26
Operating Profit Margin	−0,53 %	4,63 %	8,41 %	−0,38 %
Current Ratio	2,81	3,56	2,57	2,15
Quick Ratio	2,81	3,56	2,57	2,15
Equity Ratio	0,28	0,37	0,31	0,28
Gross Profit Margin	97,92 %	93,81 %	99,01 %	90,33 %