SØRSKJELL AS

4887 GRIMSTAD

Finances

Share Ownership

Return on Equity

341,44 %

Current Ratio

0,11

Debt-to-Equity Ratio

−6,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	759 000	2 161 000	1 520 000	1 223 000
Net Income	−379 000	−18 000	14 000	47 000
Total Assets	1 815 000	1 587 000	1 766 000	1 541 000
Total Equity	−111 000	267 000	285 000	270 000

Income (NOK)	2022	2021	2020	2019
Revenue	759 000	2 161 000	1 520 000	1 223 000
Expenditure	1 089 000	2 163 000	1 463 000	1 142 000
Operating Profit	−329 000	−2 000	56 000	80 000
Financial Income	2 000	1 000	0	0
Financial Costs	39 000	21 000	37 000	21 000
Financial Balance	−37 000	−20 000	−37 000	−21 000
Earnings Before Tax	−366 000	−22 000	19 000	60 000
Tax	13 000	−5 000	4 000	13 000
Net Income	−379 000	−18 000	14 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 678 000	1 397 000	1 435 000	1 187 000
Total Current Assets	137 000	190 000	331 000	354 000
Total Assets	1 815 000	1 587 000	1 766 000	1 541 000
Total Retained Equity	−136 000	243 000	261 000	246 000
Total Equity	−111 000	267 000	285 000	270 000
Total Long-Term Debt	689 000	365 000	732 000	0
Total Current Debt	1 238 000	955 000	749 000	1 270 000
Total Equity and Debt	1 815 000	1 587 000	1 766 000	1 541 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	710 000	2 161 000	1 520 000	973 000
Other Income	49 000	0	0	250 000
Revenue	759 000	2 161 000	1 520 000	1 223 000
Cost of Goods Sold	119 000	907 000	415 000	686 000
Salary Costs	455 000	384 000	415 000	143 000
Depreciation	175 000	127 000	101 000	11 000
Impairment	0	0	0	0
Expenditure	1 089 000	2 163 000	1 463 000	1 142 000
Operating Profit	−329 000	−2 000	56 000	80 000
Financial Income	2 000	1 000	0	0
Financial Costs	39 000	21 000	37 000	21 000
Financial Balance	−37 000	−20 000	−37 000	−21 000
Dividends	0	0	0	0
Net Income	−379 000	−18 000	14 000	47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	13 000	8 000	6 000
Real Eastate	726 000	774 000	757 000	785 000
Machinery and Plant Facilities	22 000	22 000	23 000	23 000
Fixtures	862 000	511 000	562 000	285 000
Total Tangible Assets	1 678 000	1 384 000	1 427 000	1 180 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 678 000	1 397 000	1 435 000	1 187 000
Stock	0	37 000	53 000	0
Total Investments	0	0	0	5 000
Cash, Bank	8 000	102 000	231 000	99 000
Total Current Assets	137 000	190 000	331 000	354 000
Total Assets	1 815 000	1 587 000	1 766 000	1 541 000
Total Equity	−111 000	267 000	285 000	270 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	689 000	365 000	732 000	0
Creditors	692 000	796 000	459 000	917 000
Unpaid Taxes	62 000	38 000	62 000	37 000
Dividends	0	0	0	0
Other Current Debt	483 000	121 000	222 000	317 000
Total Current Debt	1 238 000	955 000	749 000	1 270 000
Total Equity and Debt	1 815 000	1 587 000	1 766 000	1 541 000

Financial indicators	2022	2021	2020	2019
Return on Equity	341,44 %	−6,74 %	4,91 %	17,41 %
Debt-to-Equity Ratio	−6,21	1,37	2,57	0
Operating Profit Margin	−43,35 %	−0,09 %	3,68 %	6,54 %
Current Ratio	0,11	0,2	0,44	0,28
Quick Ratio	0,11	0,21	0,48	0,28
Equity Ratio	−0,06	0,17	0,16	0,18
Gross Profit Margin	84,32 %	58,03 %	72,7 %	43,91 %