SYDVARANGER DRIFT AS

9900 KIRKENES

Finances

Return on Equity

−31,95 %

Current Ratio

0,56

Debt-to-Equity Ratio

0,34

Key figures (USD)	2022	2021	2020	2019
Revenue	88 000	361 000	14 000	439 000
Net Income	−5 863 000	−5 212 000	−5 245 000	−6 040 000
Total Assets	25 493 000	42 953 000	11 213 000	9 190 000
Total Equity	18 349 000	24 354 000	4 035 000	−391 000

Income (USD)	2022	2021	2020	2019
Revenue	88 000	361 000	14 000	439 000
Expenditure	4 701 000	4 722 000	3 831 000	4 905 000
Operating Profit	−4 614 000	−4 361 000	−4 609 000	−5 751 000
Financial Income	202 000	246 000	1 000	43 000
Financial Costs	1 653 000	1 039 000	637 000	332 000
Financial Balance	−1 451 000	−793 000	−636 000	−289 000
Earnings Before Tax	−6 065 000	−5 154 000	−5 245 000	−6 040 000
Tax	−202 000	58 000	0	0
Net Income	−5 863 000	−5 212 000	−5 245 000	−6 040 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	25 020 000	17 349 000	9 667 000	8 215 000
Total Current Assets	473 000	25 604 000	1 546 000	975 000
Total Assets	25 493 000	42 953 000	11 213 000	9 190 000
Total Retained Equity	6 676 000	12 680 000	−7 639 000	−9 838 000
Total Equity	18 349 000	24 354 000	4 035 000	−391 000
Total Long-Term Debt	6 296 000	17 695 000	0	0
Total Current Debt	848 000	904 000	7 178 000	9 581 000
Total Equity and Debt	25 493 000	42 953 000	11 213 000	9 190 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	3 000	1 000	14 000	439 000
Other Income	85 000	360 000	0	0
Revenue	88 000	361 000	14 000	439 000
Cost of Goods Sold	1 514 000	1 747 000	0	0
Salary Costs	2 292 000	1 839 000	1 959 000	2 693 000
Depreciation	371 000	385 000	113 000	141 000
Impairment	0	0	0	0
Expenditure	4 701 000	4 722 000	3 831 000	4 905 000
Operating Profit	−4 614 000	−4 361 000	−4 609 000	−5 751 000
Financial Income	202 000	246 000	1 000	43 000
Financial Costs	1 653 000	1 039 000	637 000	332 000
Financial Balance	−1 451 000	−793 000	−636 000	−289 000
Dividends	0	0	0	0
Net Income	−5 863 000	−5 212 000	−5 245 000	−6 040 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	7 000	18 000	28 000
Real Eastate	6 985 000	6 645 000	132 000	139 000
Machinery and Plant Facilities	10 463 000	10 332 000	9 211 000	7 824 000
Fixtures	0	235 000	290 000	200 000
Total Tangible Assets	17 447 000	17 212 000	9 634 000	8 163 000
Total Fiancial Fixed Assets	7 569 000	130 000	16 000	24 000
Total Fixed Assets	25 020 000	17 349 000	9 667 000	8 215 000
Stock	32 000	32 000	32 000	32 000
Total Investments	0	0	0	0
Cash, Bank	262 000	161 000	739 000	353 000
Total Current Assets	473 000	25 604 000	1 546 000	975 000
Total Assets	25 493 000	42 953 000	11 213 000	9 190 000
Total Equity	18 349 000	24 354 000	4 035 000	−391 000
Short-Term Group Debt	232 000	235 000	6 696 000	7 746 000
Total Long-Term Debt	6 296 000	17 695 000	0	0
Creditors	198 000	350 000	150 000	355 000
Unpaid Taxes	90 000	73 000	72 000	126 000
Dividends	0	0	0	0
Other Current Debt	327 000	245 000	261 000	1 354 000
Total Current Debt	848 000	904 000	7 178 000	9 581 000
Total Equity and Debt	25 493 000	42 953 000	11 213 000	9 190 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,95 %	−21,4 %	−129,99 %	1 544,76 %
Debt-to-Equity Ratio	0,34	0,73	0	−0
Operating Profit Margin	−5 243,18 %	−1 208,03 %	−32 921,43 %	−1 310,02 %
Current Ratio	0,56	28,32	0,22	0,1
Quick Ratio	0,58	29,36	0,22	0,1
Equity Ratio	0,72	0,57	0,36	−0,04
Gross Profit Margin	−1 620,45 %	−383,93 %	100 %	100 %