SØRFJORDEN MARITIME AS

8150 ØRNES

Finances

Return on Equity

−0,25 %

Current Ratio

0,19

Debt-to-Equity Ratio

4,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 163 000	1 327 000	4 836 000	3 757 000
Net Income	−8 000	−512 000	2 109 000	1 282 000
Total Assets	17 239 000	14 915 000	16 045 000	13 125 000
Total Equity	3 200 000	3 208 000	3 720 000	1 611 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 163 000	1 327 000	4 836 000	3 757 000
Expenditure	2 952 000	1 872 000	2 009 000	1 976 000
Operating Profit	210 000	−545 000	2 828 000	1 782 000
Financial Income	3 000	3 000	5 000	2 000
Financial Costs	218 000	115 000	128 000	140 000
Financial Balance	−215 000	−112 000	−123 000	−138 000
Earnings Before Tax	−5 000	−656 000	2 704 000	1 644 000
Tax	3 000	−144 000	595 000	362 000
Net Income	−8 000	−512 000	2 109 000	1 282 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 167 000	13 662 000	13 972 000	10 918 000
Total Current Assets	72 000	1 253 000	2 074 000	2 208 000
Total Assets	17 239 000	14 915 000	16 045 000	13 125 000
Total Retained Equity	3 100 000	3 108 000	3 620 000	1 511 000
Total Equity	3 200 000	3 208 000	3 720 000	1 611 000
Total Long-Term Debt	13 654 000	11 389 000	11 919 000	10 455 000
Total Current Debt	385 000	318 000	406 000	1 059 000
Total Equity and Debt	17 239 000	14 915 000	16 045 000	13 125 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 149 000	1 313 000	1 873 000	2 478 000
Other Income	14 000	14 000	2 963 000	1 279 000
Revenue	3 163 000	1 327 000	4 836 000	3 757 000
Cost of Goods Sold	0	0	0	0
Salary Costs	756 000	587 000	559 000	428 000
Depreciation	354 000	354 000	341 000	225 000
Impairment	0	0	0	0
Expenditure	2 952 000	1 872 000	2 009 000	1 976 000
Operating Profit	210 000	−545 000	2 828 000	1 782 000
Financial Income	3 000	3 000	5 000	2 000
Financial Costs	218 000	115 000	128 000	140 000
Financial Balance	−215 000	−112 000	−123 000	−138 000
Dividends	0	0	0	0
Net Income	−8 000	−512 000	2 109 000	1 282 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 440 000	8 290 000	8 290 000	5 090 000
Real Eastate	301 000	315 000	329 000	343 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	90 000	182 000	230 000	316 000
Total Tangible Assets	4 495 000	3 598 000	3 908 000	4 054 000
Total Fiancial Fixed Assets	233 000	1 774 000	1 774 000	1 774 000
Total Fixed Assets	17 167 000	13 662 000	13 972 000	10 918 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 000	1 156 000	1 986 000	1 530 000
Total Current Assets	72 000	1 253 000	2 074 000	2 208 000
Total Assets	17 239 000	14 915 000	16 045 000	13 125 000
Total Equity	3 200 000	3 208 000	3 720 000	1 611 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 654 000	11 389 000	11 919 000	10 455 000
Creditors	8 000	270 000	0	854 000
Unpaid Taxes	147 000	0	242 000	18 000
Dividends	0	0	0	0
Other Current Debt	66 000	48 000	52 000	42 000
Total Current Debt	385 000	318 000	406 000	1 059 000
Total Equity and Debt	17 239 000	14 915 000	16 045 000	13 125 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,25 %	−15,96 %	56,69 %	79,58 %
Debt-to-Equity Ratio	4,27	3,55	3,2	6,49
Operating Profit Margin	6,64 %	−41,07 %	58,48 %	47,43 %
Current Ratio	0,19	3,94	5,11	2,08
Quick Ratio	0,19	3,94	5,11	2,08
Equity Ratio	0,19	0,22	0,23	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %