SØRLANDSVEIEN 26 28 AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

−261,27 %

Current Ratio

0,27

Debt-to-Equity Ratio

29,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	353 000	589 000	1 735 000	1 366 000
Net Income	−1 403 000	−980 000	−6 000	−375 000
Total Assets	16 596 000	15 015 000	15 671 000	15 345 000
Total Equity	537 000	1 940 000	2 919 000	2 925 000

Income (NOK)	2022	2021	2020	2019
Revenue	353 000	589 000	1 735 000	1 366 000
Expenditure	1 625 000	1 649 000	1 544 000	1 331 000
Operating Profit	−1 272 000	−1 060 000	191 000	35 000
Financial Income	175 000	203 000	209 000	0
Financial Costs	702 000	399 000	408 000	516 000
Financial Balance	−527 000	−196 000	−199 000	−516 000
Earnings Before Tax	−1 799 000	−1 256 000	−7 000	−480 000
Tax	−396 000	−276 000	−2 000	−106 000
Net Income	−1 403 000	−980 000	−6 000	−375 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 518 000	15 012 000	15 555 000	15 196 000
Total Current Assets	79 000	3 000	116 000	149 000
Total Assets	16 596 000	15 015 000	15 671 000	15 345 000
Total Retained Equity	0	0	0	0
Total Equity	537 000	1 940 000	2 919 000	2 925 000
Total Long-Term Debt	15 762 000	12 748 000	12 374 000	12 031 000
Total Current Debt	298 000	328 000	378 000	388 000
Total Equity and Debt	16 596 000	15 015 000	15 671 000	15 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	353 000	589 000	1 735 000	1 366 000
Other Income	0	0	0	0
Revenue	353 000	589 000	1 735 000	1 366 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	201 000	204 000	204 000	204 000
Impairment	0	0	0	0
Expenditure	1 625 000	1 649 000	1 544 000	1 331 000
Operating Profit	−1 272 000	−1 060 000	191 000	35 000
Financial Income	175 000	203 000	209 000	0
Financial Costs	702 000	399 000	408 000	516 000
Financial Balance	−527 000	−196 000	−199 000	−516 000
Dividends	0	0	0	0
Net Income	−1 403 000	−980 000	−6 000	−375 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 000	0	0	0
Real Eastate	13 739 000	10 740 000	10 782 000	10 627 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	13 000	17 000	22 000
Total Tangible Assets	13 747 000	10 753 000	10 799 000	10 649 000
Total Fiancial Fixed Assets	2 734 000	4 259 000	4 756 000	4 547 000
Total Fixed Assets	16 518 000	15 012 000	15 555 000	15 196 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	79 000	2 000	97 000	116 000
Total Current Assets	79 000	3 000	116 000	149 000
Total Assets	16 596 000	15 015 000	15 671 000	15 345 000
Total Equity	537 000	1 940 000	2 919 000	2 925 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 762 000	12 748 000	12 374 000	12 031 000
Creditors	157 000	118 000	179 000	215 000
Unpaid Taxes	0	42 000	61 000	50 000
Dividends	0	0	0	0
Other Current Debt	141 000	168 000	138 000	123 000
Total Current Debt	298 000	328 000	378 000	388 000
Total Equity and Debt	16 596 000	15 015 000	15 671 000	15 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−261,27 %	−50,52 %	−0,21 %	−12,82 %
Debt-to-Equity Ratio	29,35	6,57	4,24	4,11
Operating Profit Margin	−360,34 %	−179,97 %	11,01 %	2,56 %
Current Ratio	0,27	0,01	0,31	0,38
Quick Ratio	0,27	0,01	0,31	0,38
Equity Ratio	0,03	0,13	0,19	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %