SØRVEST ELEKTROSERVICE AS

4007 STAVANGER

Finances

Share Ownership

Return on Equity

12,5 %

Current Ratio

0,96

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 918 000	2 218 000	2 242 000	2 049 000
Net Income	−5 000	−170 000	−93 000	46 000
Total Assets	878 000	1 000 000	1 028 000	803 000
Total Equity	−40 000	−35 000	135 000	228 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 918 000	2 218 000	2 242 000	2 049 000
Expenditure	1 962 000	2 295 000	2 253 000	1 846 000
Operating Profit	8 000	−78 000	−11 000	203 000
Financial Income	0	0	0	0
Financial Costs	13 000	92 000	82 000	156 000
Financial Balance	−13 000	−92 000	−82 000	−156 000
Earnings Before Tax	−5 000	−170 000	−93 000	46 000
Tax	0	0	0	0
Net Income	−5 000	−170 000	−93 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	878 000	1 000 000	1 028 000	803 000
Total Assets	878 000	1 000 000	1 028 000	803 000
Total Retained Equity	−70 000	−65 000	105 000	198 000
Total Equity	−40 000	−35 000	135 000	228 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	918 000	1 035 000	893 000	576 000
Total Equity and Debt	878 000	1 000 000	1 028 000	803 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 860 000	2 218 000	2 242 000	2 049 000
Other Income	59 000	0	0	0
Revenue	1 918 000	2 218 000	2 242 000	2 049 000
Cost of Goods Sold	649 000	322 000	245 000	418 000
Salary Costs	−14 000	1 602 000	1 448 000	979 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 962 000	2 295 000	2 253 000	1 846 000
Operating Profit	8 000	−78 000	−11 000	203 000
Financial Income	0	0	0	0
Financial Costs	13 000	92 000	82 000	156 000
Financial Balance	−13 000	−92 000	−82 000	−156 000
Dividends	0	0	0	0
Net Income	−5 000	−170 000	−93 000	46 000

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	540 000	488 000	378 000	106 000
Total Investments	0	0	0	0
Cash, Bank	46 000	119 000	173 000	124 000
Total Current Assets	878 000	1 000 000	1 028 000	803 000
Total Assets	878 000	1 000 000	1 028 000	803 000
Total Equity	−40 000	−35 000	135 000	228 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	547 000	361 000	333 000	310 000
Unpaid Taxes	143 000	459 000	382 000	139 000
Dividends	0	0	0	0
Other Current Debt	228 000	215 000	177 000	127 000
Total Current Debt	918 000	1 035 000	893 000	576 000
Total Equity and Debt	878 000	1 000 000	1 028 000	803 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,5 %	485,71 %	−68,89 %	20,18 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	0,42 %	−3,52 %	−0,49 %	9,91 %
Current Ratio	0,96	0,97	1,15	1,39
Quick Ratio	2,32	1,83	2	1,71
Equity Ratio	−0,05	−0,04	0,13	0,28
Gross Profit Margin	66,16 %	85,48 %	89,07 %	79,6 %