SORTLAND MØBELFABRIKK AS

5413 HUGLO

Finances

Share Ownership

Return on Equity

−1,2 %

Current Ratio

N/A

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	964 000	69 000
Net Income	−16 000	−47 000	886 000	−55 000
Total Assets	1 736 000	1 752 000	1 799 000	1 925 000
Total Equity	1 336 000	1 352 000	1 399 000	513 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	964 000	69 000
Expenditure	23 000	49 000	76 000	123 000
Operating Profit	−23 000	−49 000	886 000	−55 000
Financial Income	7 000	2 000	0	0
Financial Costs	0	0	0	0
Financial Balance	7 000	2 000	0	0
Earnings Before Tax	−16 000	−47 000	886 000	−55 000
Tax	0	0	0	0
Net Income	−16 000	−47 000	886 000	−55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	256 000	256 000	22 000	1 820 000
Total Current Assets	1 480 000	1 495 000	1 777 000	105 000
Total Assets	1 736 000	1 752 000	1 799 000	1 925 000
Total Retained Equity	336 000	352 000	399 000	−487 000
Total Equity	1 336 000	1 352 000	1 399 000	513 000
Total Long-Term Debt	400 000	400 000	400 000	1 412 000
Total Current Debt	0	0	0	0
Total Equity and Debt	1 736 000	1 752 000	1 799 000	1 925 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	46 000	0
Other Income	0	0	918 000	69 000
Revenue	0	0	964 000	69 000
Cost of Goods Sold	0	0	4 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	10 000	55 000
Impairment	0	0	0	0
Expenditure	23 000	49 000	76 000	123 000
Operating Profit	−23 000	−49 000	886 000	−55 000
Financial Income	7 000	2 000	0	0
Financial Costs	0	0	0	0
Financial Balance	7 000	2 000	0	0
Dividends	0	0	0	0
Net Income	−16 000	−47 000	886 000	−55 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	1 788 000
Machinery and Plant Facilities	20 000	20 000	20 000	30 000
Fixtures	0	0	0	0
Total Tangible Assets	20 000	20 000	20 000	1 818 000
Total Fiancial Fixed Assets	236 000	236 000	2 000	2 000
Total Fixed Assets	256 000	256 000	22 000	1 820 000
Stock	0	0	0	2 000
Total Investments	0	0	0	0
Cash, Bank	1 480 000	1 495 000	1 533 000	66 000
Total Current Assets	1 480 000	1 495 000	1 777 000	105 000
Total Assets	1 736 000	1 752 000	1 799 000	1 925 000
Total Equity	1 336 000	1 352 000	1 399 000	513 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	400 000	400 000	400 000	1 412 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	0	0	0	0
Total Equity and Debt	1 736 000	1 752 000	1 799 000	1 925 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,2 %	−3,48 %	63,33 %	−10,72 %
Debt-to-Equity Ratio	0,3	0,3	0,29	2,75
Operating Profit Margin	-	-	91,91 %	−79,71 %
Current Ratio	-	-	-	-
Quick Ratio	-	-	-	−52,5
Equity Ratio	0,77	0,77	0,78	0,27
Gross Profit Margin	-	-	99,59 %	100 %