SØRLANDSKE DIV AS

3270 LARVIK

Finances

Share Ownership

Return on Equity

30 %

Current Ratio

0,97

Debt-to-Equity Ratio

−6,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 311 000	444 000	546 000	936 000
Net Income	−45 000	−122 000	−50 000	16 000
Total Assets	970 000	194 000	301 000	272 000
Total Equity	−150 000	−106 000	16 000	66 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 311 000	444 000	546 000	936 000
Expenditure	1 358 000	558 000	600 000	902 000
Operating Profit	−51 000	−113 000	−55 000	34 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	4 000
Financial Balance	−1 000	−1 000	0	−4 000
Earnings Before Tax	−52 000	−114 000	−55 000	30 000
Tax	−7 000	7 000	−5 000	14 000
Net Income	−45 000	−122 000	−50 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	834 000	100 000	250 000	184 000
Total Current Assets	136 000	94 000	51 000	87 000
Total Assets	970 000	194 000	301 000	272 000
Total Retained Equity	−180 000	−136 000	−14 000	36 000
Total Equity	−150 000	−106 000	16 000	66 000
Total Long-Term Debt	980 000	166 000	158 000	107 000
Total Current Debt	140 000	134 000	127 000	99 000
Total Equity and Debt	970 000	194 000	301 000	272 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 306 000	444 000	546 000	857 000
Other Income	5 000	0	0	79 000
Revenue	1 311 000	444 000	546 000	936 000
Cost of Goods Sold	453 000	30 000	10 000	5 000
Salary Costs	226 000	152 000	187 000	556 000
Depreciation	61 000	30 000	70 000	46 000
Impairment	0	0	0	0
Expenditure	1 358 000	558 000	600 000	902 000
Operating Profit	−51 000	−113 000	−55 000	34 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	4 000
Financial Balance	−1 000	−1 000	0	−4 000
Dividends	0	0	0	0
Net Income	−45 000	−122 000	−50 000	16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	12 000	0
Real Eastate	673 000	0	0	0
Machinery and Plant Facilities	50 000	55 000	166 000	94 000
Fixtures	111 000	45 000	72 000	90 000
Total Tangible Assets	834 000	100 000	238 000	184 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	834 000	100 000	250 000	184 000
Stock	35 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	44 000	94 000	32 000	57 000
Total Current Assets	136 000	94 000	51 000	87 000
Total Assets	970 000	194 000	301 000	272 000
Total Equity	−150 000	−106 000	16 000	66 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	980 000	166 000	158 000	107 000
Creditors	9 000	8 000	0	0
Unpaid Taxes	9 000	6 000	47 000	46 000
Dividends	0	0	0	0
Other Current Debt	121 000	100 000	80 000	53 000
Total Current Debt	140 000	134 000	127 000	99 000
Total Equity and Debt	970 000	194 000	301 000	272 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30 %	115,09 %	−312,5 %	24,24 %
Debt-to-Equity Ratio	−6,53	−1,57	9,88	1,62
Operating Profit Margin	−3,89 %	−25,45 %	−10,07 %	3,63 %
Current Ratio	0,97	0,7	0,4	0,88
Quick Ratio	1,3	0,7	0,4	0,88
Equity Ratio	−0,15	−0,55	0,05	0,24
Gross Profit Margin	65,45 %	93,24 %	98,17 %	99,47 %