SØT PRODUKTER AS

3267 LARVIK

Finances

Share Ownership

Return on Equity

−150 %

Current Ratio

0,4

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 302 000	1 064 000	955 000	1 558 000
Net Income	105 000	147 000	23 000	26 000
Total Assets	269 000	473 000	183 000	359 000
Total Equity	−70 000	−175 000	−322 000	−345 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 302 000	1 064 000	955 000	1 558 000
Expenditure	1 246 000	917 000	925 000	1 518 000
Operating Profit	108 000	148 000	30 000	40 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	7 000	14 000
Financial Balance	−2 000	−1 000	−7 000	−14 000
Earnings Before Tax	107 000	147 000	23 000	26 000
Tax	1 000	0	0	0
Net Income	105 000	147 000	23 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	132 000	53 000	66 000	82 000
Total Current Assets	137 000	420 000	117 000	276 000
Total Assets	269 000	473 000	183 000	359 000
Total Retained Equity	−94 000	−199 000	−346 000	−369 000
Total Equity	−70 000	−175 000	−322 000	−345 000
Total Long-Term Debt	0	0	71 000	216 000
Total Current Debt	339 000	648 000	434 000	488 000
Total Equity and Debt	269 000	473 000	183 000	359 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 298 000	948 000	654 000	1 441 000
Other Income	4 000	116 000	301 000	117 000
Revenue	1 302 000	1 064 000	955 000	1 558 000
Cost of Goods Sold	803 000	840 000	263 000	1 332 000
Salary Costs	0	0	431 000	0
Depreciation	40 000	13 000	16 000	20 000
Impairment	0	0	0	0
Expenditure	1 246 000	917 000	925 000	1 518 000
Operating Profit	108 000	148 000	30 000	40 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	7 000	14 000
Financial Balance	−2 000	−1 000	−7 000	−14 000
Dividends	0	0	0	0
Net Income	105 000	147 000	23 000	26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	90 000	0	0	0
Machinery and Plant Facilities	42 000	52 000	66 000	82 000
Fixtures	0	0	0	0
Total Tangible Assets	132 000	52 000	66 000	82 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	132 000	53 000	66 000	82 000
Stock	64 000	13 000	6 000	25 000
Total Investments	0	0	0	0
Cash, Bank	73 000	225 000	12 000	96 000
Total Current Assets	137 000	420 000	117 000	276 000
Total Assets	269 000	473 000	183 000	359 000
Total Equity	−70 000	−175 000	−322 000	−345 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	71 000	216 000
Creditors	405 000	625 000	395 000	473 000
Unpaid Taxes	−90 000	0	13 000	0
Dividends	0	0	0	0
Other Current Debt	23 000	23 000	25 000	15 000
Total Current Debt	339 000	648 000	434 000	488 000
Total Equity and Debt	269 000	473 000	183 000	359 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−150 %	−84 %	−7,14 %	−7,54 %
Debt-to-Equity Ratio	−0	−0	−0,22	−0,63
Operating Profit Margin	8,29 %	13,91 %	3,14 %	2,57 %
Current Ratio	0,4	0,65	0,27	0,57
Quick Ratio	0,5	0,66	0,27	0,6
Equity Ratio	−0,26	−0,37	−1,76	−0,96
Gross Profit Margin	38,33 %	21,05 %	72,46 %	14,51 %