SJØSIDEN HOVDE AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

−2,24 %

Current Ratio

27,26

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 000	0	0	27 915 000
Net Income	−95 000	−136 000	−284 000	4 351 000
Total Assets	6 284 000	6 899 000	5 661 000	16 212 000
Total Equity	4 234 000	4 329 000	4 464 000	8 348 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 000	0	0	27 915 000
Expenditure	200 000	174 000	380 000	22 410 000
Operating Profit	−122 000	−174 000	−380 000	5 505 000
Financial Income	0	0	29 000	73 000
Financial Costs	0	0	11 000	0
Financial Balance	0	0	18 000	73 000
Earnings Before Tax	−121 000	−174 000	−362 000	5 578 000
Tax	−27 000	−38 000	−78 000	1 227 000
Net Income	−95 000	−136 000	−284 000	4 351 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 159 000	1 133 000	77 000	0
Total Current Assets	5 125 000	5 766 000	5 584 000	16 212 000
Total Assets	6 284 000	6 899 000	5 661 000	16 212 000
Total Retained Equity	−150 000	−55 000	80 000	364 000
Total Equity	4 234 000	4 329 000	4 464 000	8 348 000
Total Long-Term Debt	1 862 000	2 461 000	805 000	11 000
Total Current Debt	188 000	110 000	392 000	7 853 000
Total Equity and Debt	6 284 000	6 899 000	5 661 000	16 212 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	78 000	0	0	27 915 000
Revenue	78 000	0	0	27 915 000
Cost of Goods Sold	0	0	300 000	22 410 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	200 000	174 000	380 000	22 410 000
Operating Profit	−122 000	−174 000	−380 000	5 505 000
Financial Income	0	0	29 000	73 000
Financial Costs	0	0	11 000	0
Financial Balance	0	0	18 000	73 000
Dividends	0	0	0	4 000 000
Net Income	−95 000	−136 000	−284 000	4 351 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	142 000	116 000	77 000	0
Real Eastate	1 017 000	1 017 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 017 000	1 017 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 159 000	1 133 000	77 000	0
Stock	4 699 000	4 525 000	5 094 000	10 034 000
Total Investments	0	0	0	0
Cash, Bank	276 000	20 000	248 000	10 505 000
Total Current Assets	5 125 000	5 766 000	5 584 000	16 212 000
Total Assets	6 284 000	6 899 000	5 661 000	16 212 000
Total Equity	4 234 000	4 329 000	4 464 000	8 348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 862 000	2 461 000	805 000	11 000
Creditors	21 000	110 000	24 000	634 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	4 000 000
Other Current Debt	168 000	0	356 000	2 000 000
Total Current Debt	188 000	110 000	392 000	7 853 000
Total Equity and Debt	6 284 000	6 899 000	5 661 000	16 212 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,24 %	−3,14 %	−6,36 %	52,12 %
Debt-to-Equity Ratio	0,44	0,57	0,18	0
Operating Profit Margin	−156,41 %	-	-	19,72 %
Current Ratio	27,26	52,42	14,24	2,06
Quick Ratio	−1,14	−1,31	−1,19	−7,43
Equity Ratio	0,67	0,63	0,79	0,51
Gross Profit Margin	100 %	-	-	19,72 %