SULATHO INVEST AS

4047 HAFRSFJORD

Finances

Return on Equity

−8,89 %

Current Ratio

24,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 320 000	200 000	69 000	685 000
Net Income	−3 219 000	−1 828 000	−1 503 000	984 000
Total Assets	36 861 000	46 598 000	52 982 000	56 367 000
Total Equity	36 225 000	46 444 000	52 272 000	56 275 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 320 000	200 000	69 000	685 000
Expenditure	2 319 000	1 707 000	255 000	1 107 000
Operating Profit	−998 000	−1 506 000	−186 000	−421 000
Financial Income	2 200 000	5 954 000	1 794 000	5 658 000
Financial Costs	4 421 000	6 436 000	2 951 000	4 253 000
Financial Balance	−2 221 000	−482 000	−1 157 000	1 405 000
Earnings Before Tax	−3 219 000	−1 988 000	−1 343 000	984 000
Tax	0	−160 000	160 000	0
Net Income	−3 219 000	−1 828 000	−1 503 000	984 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 540 000	18 621 000	18 617 000	6 495 000
Total Current Assets	15 320 000	27 976 000	34 365 000	49 872 000
Total Assets	36 861 000	46 598 000	52 982 000	56 367 000
Total Retained Equity	−4 366 000	5 853 000	11 681 000	15 684 000
Total Equity	36 225 000	46 444 000	52 272 000	56 275 000
Total Long-Term Debt	0	0	160 000	0
Total Current Debt	636 000	153 000	550 000	92 000
Total Equity and Debt	36 861 000	46 598 000	52 982 000	56 367 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	821 000	0	69 000	611 000
Other Income	499 000	200 000	0	74 000
Revenue	1 320 000	200 000	69 000	685 000
Cost of Goods Sold	123 000	233 000	0	0
Salary Costs	1 392 000	909 000	0	769 000
Depreciation	132 000	132 000	132 000	91 000
Impairment	0	0	0	0
Expenditure	2 319 000	1 707 000	255 000	1 107 000
Operating Profit	−998 000	−1 506 000	−186 000	−421 000
Financial Income	2 200 000	5 954 000	1 794 000	5 658 000
Financial Costs	4 421 000	6 436 000	2 951 000	4 253 000
Financial Balance	−2 221 000	−482 000	−1 157 000	1 405 000
Dividends	7 000 000	4 000 000	2 500 000	3 500 000
Net Income	−3 219 000	−1 828 000	−1 503 000	984 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 907 000	17 907 000	17 907 000	5 307 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	694 000	583 000	660 000	284 000
Total Tangible Assets	18 601 000	18 490 000	18 567 000	5 591 000
Total Fiancial Fixed Assets	2 940 000	131 000	50 000	904 000
Total Fixed Assets	21 540 000	18 621 000	18 617 000	6 495 000
Stock	0	0	0	0
Total Investments	14 474 000	22 171 000	31 788 000	44 802 000
Cash, Bank	730 000	5 805 000	2 573 000	5 049 000
Total Current Assets	15 320 000	27 976 000	34 365 000	49 872 000
Total Assets	36 861 000	46 598 000	52 982 000	56 367 000
Total Equity	36 225 000	46 444 000	52 272 000	56 275 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	160 000	0
Creditors	224 000	21 000	544 000	0
Unpaid Taxes	81 000	30 000	0	80 000
Dividends	7 000 000	4 000 000	2 500 000	3 500 000
Other Current Debt	331 000	103 000	6 000	12 000
Total Current Debt	636 000	153 000	550 000	92 000
Total Equity and Debt	36 861 000	46 598 000	52 982 000	56 367 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,89 %	−3,94 %	−2,88 %	1,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−75,61 %	−753 %	−269,57 %	−61,46 %
Current Ratio	24,09	182,85	62,48	542,09
Quick Ratio	24,09	182,85	62,48	542,09
Equity Ratio	0,98	1	0,99	1
Gross Profit Margin	90,68 %	−16,5 %	100 %	100 %