SØRVEST HOLDING AS

4374 EGERSUND

Finances

Share Ownership

Return on Equity

18,83 %

Current Ratio

1,16

Debt-to-Equity Ratio

1,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 827 000	12 218 000	12 121 000	11 649 000
Net Income	5 594 000	5 086 000	4 662 000	3 544 000
Total Assets	71 149 000	72 865 000	75 226 000	75 260 000
Total Equity	29 703 000	29 109 000	28 023 000	27 361 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 827 000	12 218 000	12 121 000	11 649 000
Expenditure	4 561 000	5 019 000	5 227 000	5 938 000
Operating Profit	8 266 000	7 198 000	6 894 000	5 711 000
Financial Income	120 000	31 000	48 000	117 000
Financial Costs	1 214 000	709 000	964 000	1 285 000
Financial Balance	−1 094 000	−678 000	−916 000	−1 168 000
Earnings Before Tax	7 172 000	6 521 000	5 977 000	4 544 000
Tax	1 578 000	1 435 000	1 315 000	1 000 000
Net Income	5 594 000	5 086 000	4 662 000	3 544 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 669 000	66 133 000	64 834 000	68 817 000
Total Current Assets	8 480 000	6 732 000	10 392 000	6 443 000
Total Assets	71 149 000	72 865 000	75 226 000	75 260 000
Total Retained Equity	12 269 000	11 675 000	10 589 000	9 927 000
Total Equity	29 703 000	29 109 000	28 023 000	27 361 000
Total Long-Term Debt	34 122 000	37 534 000	40 946 000	42 652 000
Total Current Debt	7 324 000	6 222 000	6 257 000	5 247 000
Total Equity and Debt	71 149 000	72 865 000	75 226 000	75 260 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 827 000	12 218 000	12 121 000	11 649 000
Other Income	0	0	0	0
Revenue	12 827 000	12 218 000	12 121 000	11 649 000
Cost of Goods Sold	0	0	0	0
Salary Costs	68 000	68 000	0	68 000
Depreciation	3 760 000	4 073 000	4 209 000	4 155 000
Impairment	0	0	0	0
Expenditure	4 561 000	5 019 000	5 227 000	5 938 000
Operating Profit	8 266 000	7 198 000	6 894 000	5 711 000
Financial Income	120 000	31 000	48 000	117 000
Financial Costs	1 214 000	709 000	964 000	1 285 000
Financial Balance	−1 094 000	−678 000	−916 000	−1 168 000
Dividends	5 000 000	4 000 000	4 000 000	3 500 000
Net Income	5 594 000	5 086 000	4 662 000	3 544 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 169 000	2 946 000	2 699 000	2 473 000
Real Eastate	59 500 000	63 187 000	62 135 000	66 344 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	59 500 000	63 187 000	62 135 000	66 344 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	62 669 000	66 133 000	64 834 000	68 817 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 564 000	6 697 000	10 218 000	6 369 000
Total Current Assets	8 480 000	6 732 000	10 392 000	6 443 000
Total Assets	71 149 000	72 865 000	75 226 000	75 260 000
Total Equity	29 703 000	29 109 000	28 023 000	27 361 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 122 000	37 534 000	40 946 000	42 652 000
Creditors	0	47 000	235 000	164 000
Unpaid Taxes	514 000	490 000	477 000	417 000
Dividends	5 000 000	4 000 000	4 000 000	3 500 000
Other Current Debt	9 000	5 000	4 000	8 000
Total Current Debt	7 324 000	6 222 000	6 257 000	5 247 000
Total Equity and Debt	71 149 000	72 865 000	75 226 000	75 260 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,83 %	17,47 %	16,64 %	12,95 %
Debt-to-Equity Ratio	1,15	1,29	1,46	1,56
Operating Profit Margin	64,44 %	58,91 %	56,88 %	49,03 %
Current Ratio	1,16	1,08	1,66	1,23
Quick Ratio	1,16	1,08	1,66	1,23
Equity Ratio	0,42	0,4	0,37	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %