SØVIK DETALJHANDEL AS

6004 ÅLESUND

Finances

Share Ownership

Return on Equity

20,23 %

Current Ratio

0,09

Debt-to-Equity Ratio

−0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 291 000	2 043 000	1 916 000	2 186 000
Net Income	−492 000	−298 000	−332 000	−341 000
Total Assets	23 000	1 112 000	1 197 000	1 460 000
Total Equity	−2 432 000	−1 940 000	−1 643 000	−1 310 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 291 000	2 043 000	1 916 000	2 186 000
Expenditure	1 773 000	2 255 000	2 180 000	2 341 000
Operating Profit	−481 000	−211 000	−265 000	−154 000
Financial Income	1 000	2 000	0	0
Financial Costs	12 000	89 000	68 000	187 000
Financial Balance	−11 000	−87 000	−68 000	−187 000
Earnings Before Tax	−492 000	−298 000	−332 000	−341 000
Tax	0	0	0	0
Net Income	−492 000	−298 000	−332 000	−341 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	23 000	1 112 000	1 197 000	1 460 000
Total Assets	23 000	1 112 000	1 197 000	1 460 000
Total Retained Equity	−3 232 000	−2 740 000	−2 443 000	−2 110 000
Total Equity	−2 432 000	−1 940 000	−1 643 000	−1 310 000
Total Long-Term Debt	2 196 000	2 693 000	2 327 000	1 698 000
Total Current Debt	260 000	360 000	512 000	1 072 000
Total Equity and Debt	23 000	1 112 000	1 197 000	1 460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 291 000	2 042 000	1 916 000	2 186 000
Other Income	0	0	0	0
Revenue	1 291 000	2 043 000	1 916 000	2 186 000
Cost of Goods Sold	1 181 000	1 270 000	1 341 000	1 389 000
Salary Costs	322 000	584 000	449 000	544 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 773 000	2 255 000	2 180 000	2 341 000
Operating Profit	−481 000	−211 000	−265 000	−154 000
Financial Income	1 000	2 000	0	0
Financial Costs	12 000	89 000	68 000	187 000
Financial Balance	−11 000	−87 000	−68 000	−187 000
Dividends	0	0	0	0
Net Income	−492 000	−298 000	−332 000	−341 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	15 000	1 087 000	1 155 000	1 349 000
Total Investments	0	0	0	0
Cash, Bank	0	20 000	21 000	100 000
Total Current Assets	23 000	1 112 000	1 197 000	1 460 000
Total Assets	23 000	1 112 000	1 197 000	1 460 000
Total Equity	−2 432 000	−1 940 000	−1 643 000	−1 310 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 196 000	2 693 000	2 327 000	1 698 000
Creditors	85 000	104 000	210 000	346 000
Unpaid Taxes	4 000	92 000	103 000	94 000
Dividends	0	0	0	0
Other Current Debt	30 000	55 000	55 000	348 000
Total Current Debt	260 000	360 000	512 000	1 072 000
Total Equity and Debt	23 000	1 112 000	1 197 000	1 460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,23 %	15,36 %	20,21 %	26,03 %
Debt-to-Equity Ratio	−0,9	−1,39	−1,42	−1,3
Operating Profit Margin	−37,26 %	−10,33 %	−13,83 %	−7,04 %
Current Ratio	0,09	3,09	2,34	1,36
Quick Ratio	0,09	−1,53	−1,86	−5,27
Equity Ratio	−105,74	−1,74	−1,37	−0,9
Gross Profit Margin	8,52 %	37,84 %	30,01 %	36,46 %