SØRHAUG SERVICE AS

1940 BJØRKELANGEN

Finances

Share Ownership

Return on Equity

6,67 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 101 000	1 214 000	0	500 000
Net Income	11 000	138 000	−15 000	−27 000
Total Assets	300 000	366 000	16 000	71 000
Total Equity	165 000	154 000	16 000	32 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 101 000	1 214 000	0	500 000
Expenditure	1 083 000	1 049 000	16 000	525 000
Operating Profit	18 000	165 000	−15 000	−26 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	18 000	165 000	−15 000	−26 000
Tax	7 000	27 000	0	1 000
Net Income	11 000	138 000	−15 000	−27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	127 000	161 000	0	20 000
Total Current Assets	172 000	205 000	16 000	51 000
Total Assets	300 000	366 000	16 000	71 000
Total Retained Equity	135 000	124 000	−14 000	2 000
Total Equity	165 000	154 000	16 000	32 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	135 000	212 000	0	39 000
Total Equity and Debt	300 000	366 000	16 000	71 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 101 000	1 214 000	0	500 000
Other Income	0	0	0	0
Revenue	1 101 000	1 214 000	0	500 000
Cost of Goods Sold	234 000	288 000	0	221 000
Salary Costs	651 000	594 000	0	182 000
Depreciation	33 000	30 000	9 000	10 000
Impairment	0	0	0	0
Expenditure	1 083 000	1 049 000	16 000	525 000
Operating Profit	18 000	165 000	−15 000	−26 000
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	11 000	138 000	−15 000	−27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	70 000	73 000	0	0
Machinery and Plant Facilities	57 000	87 000	0	0
Fixtures	0	0	0	20 000
Total Tangible Assets	127 000	161 000	0	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	127 000	161 000	0	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	23 000	69 000	7 000	7 000
Total Current Assets	172 000	205 000	16 000	51 000
Total Assets	300 000	366 000	16 000	71 000
Total Equity	165 000	154 000	16 000	32 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−18 000	−4 000	0	0
Unpaid Taxes	73 000	72 000	0	2 000
Dividends	0	0	0	0
Other Current Debt	73 000	118 000	0	38 000
Total Current Debt	135 000	212 000	0	39 000
Total Equity and Debt	300 000	366 000	16 000	71 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,67 %	89,61 %	−93,75 %	−84,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,63 %	13,59 %	-	−5,2 %
Current Ratio	1,27	0,97	-	1,31
Quick Ratio	1,27	0,97	-	1,31
Equity Ratio	0,55	0,42	1	0,45
Gross Profit Margin	78,75 %	76,28 %	-	55,8 %