SØRLANDET BÅT AS

4820 FROLAND

Finances

Share Ownership

Return on Equity

106,2 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 267 000	6 004 000	5 885 000	7 025 000
Net Income	531 000	142 000	2 000	402 000
Total Assets	4 014 000	3 410 000	2 569 000	2 897 000
Total Equity	500 000	400 000	−540 000	−872 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 267 000	6 004 000	5 885 000	7 025 000
Expenditure	5 581 000	5 795 000	5 865 000	6 976 000
Operating Profit	671 000	205 000	37 000	48 000
Financial Income	57 000	9 000	0	0
Financial Costs	47 000	31 000	34 000	32 000
Financial Balance	10 000	−22 000	−34 000	−32 000
Earnings Before Tax	680 000	182 000	3 000	17 000
Tax	150 000	40 000	1 000	−386 000
Net Income	531 000	142 000	2 000	402 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 000	52 000	332 000	441 000
Total Current Assets	3 975 000	3 357 000	2 237 000	2 456 000
Total Assets	4 014 000	3 410 000	2 569 000	2 897 000
Total Retained Equity	0	−100 000	−1 040 000	−1 372 000
Total Equity	500 000	400 000	−540 000	−872 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 514 000	3 010 000	3 109 000	3 769 000
Total Equity and Debt	4 014 000	3 410 000	2 569 000	2 897 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 797 000	5 435 000	5 885 000	3 560 000
Other Income	3 470 000	569 000	0	3 465 000
Revenue	6 267 000	6 004 000	5 885 000	7 025 000
Cost of Goods Sold	842 000	1 017 000	1 544 000	1 643 000
Salary Costs	2 754 000	3 119 000	2 631 000	2 999 000
Depreciation	15 000	15 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	5 581 000	5 795 000	5 865 000	6 976 000
Operating Profit	671 000	205 000	37 000	48 000
Financial Income	57 000	9 000	0	0
Financial Costs	47 000	31 000	34 000	32 000
Financial Balance	10 000	−22 000	−34 000	−32 000
Dividends	0	0	0	0
Net Income	531 000	142 000	2 000	402 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	27 000	292 000	386 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	25 000	40 000	55 000
Total Tangible Assets	10 000	25 000	40 000	55 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 000	52 000	332 000	441 000
Stock	131 000	146 000	150 000	150 000
Total Investments	0	0	0	0
Cash, Bank	263 000	128 000	108 000	160 000
Total Current Assets	3 975 000	3 357 000	2 237 000	2 456 000
Total Assets	4 014 000	3 410 000	2 569 000	2 897 000
Total Equity	500 000	400 000	−540 000	−872 000
Short-Term Group Debt	1 772 000	1 250 000	1 240 000	1 620 000
Total Long-Term Debt	0	0	0	0
Creditors	303 000	597 000	802 000	1 035 000
Unpaid Taxes	603 000	554 000	449 000	525 000
Dividends	0	0	0	0
Other Current Debt	805 000	609 000	618 000	589 000
Total Current Debt	3 514 000	3 010 000	3 109 000	3 769 000
Total Equity and Debt	4 014 000	3 410 000	2 569 000	2 897 000

Financial indicators	2022	2021	2020	2019
Return on Equity	106,2 %	35,5 %	−0,37 %	−46,1 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	10,71 %	3,41 %	0,63 %	0,68 %
Current Ratio	1,13	1,12	0,72	0,65
Quick Ratio	1,17	1,17	0,76	0,68
Equity Ratio	0,12	0,12	−0,21	−0,3
Gross Profit Margin	86,56 %	83,06 %	73,76 %	76,61 %