SØRCO UTVIKLING OG DRIFT AS

4842 ARENDAL

Finances

Share Ownership

Return on Equity

−98,08 %

Current Ratio

2,91

Debt-to-Equity Ratio

1,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 128 000	5 548 000	5 698 000	5 885 000
Net Income	−1 328 000	−943 000	−566 000	196 000
Total Assets	4 480 000	4 571 000	16 699 000	8 843 000
Total Equity	1 354 000	1 968 000	2 911 000	477 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 128 000	5 548 000	5 698 000	5 885 000
Expenditure	7 654 000	6 655 000	6 140 000	5 672 000
Operating Profit	−1 526 000	−1 108 000	−442 000	213 000
Financial Income	6 000	8 000	36 000	360 000
Financial Costs	179 000	39 000	313 000	345 000
Financial Balance	−173 000	−31 000	−277 000	15 000
Earnings Before Tax	−1 699 000	−1 139 000	−719 000	228 000
Tax	−370 000	−196 000	−153 000	32 000
Net Income	−1 328 000	−943 000	−566 000	196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 265 000	1 945 000	3 432 000	1 497 000
Total Current Assets	3 215 000	2 626 000	13 267 000	7 346 000
Total Assets	4 480 000	4 571 000	16 699 000	8 843 000
Total Retained Equity	1 104 000	1 718 000	2 661 000	227 000
Total Equity	1 354 000	1 968 000	2 911 000	477 000
Total Long-Term Debt	2 021 000	1 592 000	12 783 000	7 397 000
Total Current Debt	1 105 000	1 011 000	1 005 000	968 000
Total Equity and Debt	4 480 000	4 571 000	16 699 000	8 843 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 767 000	5 343 000	5 697 000	5 826 000
Other Income	361 000	206 000	1 000	58 000
Revenue	6 128 000	5 548 000	5 698 000	5 885 000
Cost of Goods Sold	0	0	205 000	0
Salary Costs	5 339 000	5 114 000	4 413 000	4 471 000
Depreciation	336 000	406 000	323 000	163 000
Impairment	0	0	0	0
Expenditure	7 654 000	6 655 000	6 140 000	5 672 000
Operating Profit	−1 526 000	−1 108 000	−442 000	213 000
Financial Income	6 000	8 000	36 000	360 000
Financial Costs	179 000	39 000	313 000	345 000
Financial Balance	−173 000	−31 000	−277 000	15 000
Dividends	0	0	0	0
Net Income	−1 328 000	−943 000	−566 000	196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	441 000	273 000	77 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	823 000	1 123 000	1 976 000	947 000
Total Tangible Assets	823 000	1 123 000	1 976 000	947 000
Total Fiancial Fixed Assets	0	550 000	1 379 000	550 000
Total Fixed Assets	1 265 000	1 945 000	3 432 000	1 497 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 798 000	1 544 000	5 034 000	886 000
Total Current Assets	3 215 000	2 626 000	13 267 000	7 346 000
Total Assets	4 480 000	4 571 000	16 699 000	8 843 000
Total Equity	1 354 000	1 968 000	2 911 000	477 000
Short-Term Group Debt	0	0	0	149 000
Total Long-Term Debt	2 021 000	1 592 000	12 783 000	7 397 000
Creditors	49 000	147 000	115 000	20 000
Unpaid Taxes	487 000	332 000	373 000	311 000
Dividends	0	0	0	0
Other Current Debt	569 000	532 000	517 000	487 000
Total Current Debt	1 105 000	1 011 000	1 005 000	968 000
Total Equity and Debt	4 480 000	4 571 000	16 699 000	8 843 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−98,08 %	−47,92 %	−19,44 %	41,09 %
Debt-to-Equity Ratio	1,49	0,81	4,39	15,51
Operating Profit Margin	−24,9 %	−19,97 %	−7,76 %	3,62 %
Current Ratio	2,91	2,6	13,2	7,59
Quick Ratio	2,91	2,6	13,2	7,59
Equity Ratio	0,3	0,43	0,17	0,05
Gross Profit Margin	100 %	100 %	96,4 %	100 %