SØRVÅG BYGG AS

4888 HOMBORSUND

Finances

Share Ownership

Return on Equity

−252,78 %

Current Ratio

0,84

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	6 137 000	3 773 000	3 315 000	3 523 000
Net Income	−91 000	33 000	29 000	108 000
Total Assets	1 493 000	722 000	334 000	740 000
Total Equity	36 000	167 000	134 000	105 000

Income (NOK)	2021	2020	2019	2018
Revenue	6 137 000	3 773 000	3 315 000	3 523 000
Expenditure	6 251 000	3 729 000	3 278 000	3 372 000
Operating Profit	−114 000	45 000	38 000	151 000
Financial Income	0	0	1 000	0
Financial Costs	1 000	2 000	0	14 000
Financial Balance	−1 000	−2 000	1 000	−14 000
Earnings Before Tax	−115 000	43 000	39 000	138 000
Tax	−25 000	10 000	9 000	29 000
Net Income	−91 000	33 000	29 000	108 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	272 000	162 000	218 000	298 000
Total Current Assets	1 221 000	560 000	116 000	442 000
Total Assets	1 493 000	722 000	334 000	740 000
Total Retained Equity	6 000	137 000	104 000	75 000
Total Equity	36 000	167 000	134 000	105 000
Total Long-Term Debt	0	0	7 000	12 000
Total Current Debt	1 456 000	555 000	193 000	623 000
Total Equity and Debt	1 493 000	722 000	334 000	740 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	6 137 000	3 773 000	3 315 000	3 523 000
Other Income	0	0	0	0
Revenue	6 137 000	3 773 000	3 315 000	3 523 000
Cost of Goods Sold	3 975 000	2 164 000	2 397 000	2 462 000
Salary Costs	1 720 000	1 073 000	529 000	557 000
Depreciation	115 000	82 000	80 000	39 000
Impairment	0	0	0	0
Expenditure	6 251 000	3 729 000	3 278 000	3 372 000
Operating Profit	−114 000	45 000	38 000	151 000
Financial Income	0	0	1 000	0
Financial Costs	1 000	2 000	0	14 000
Financial Balance	−1 000	−2 000	1 000	−14 000
Dividends	40 000	0	0	0
Net Income	−91 000	33 000	29 000	108 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	25 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	247 000	162 000	218 000	298 000
Total Tangible Assets	247 000	162 000	218 000	298 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	272 000	162 000	218 000	298 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	1 000	352 000
Total Current Assets	1 221 000	560 000	116 000	442 000
Total Assets	1 493 000	722 000	334 000	740 000
Total Equity	36 000	167 000	134 000	105 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	7 000	12 000
Creditors	671 000	154 000	82 000	282 000
Unpaid Taxes	257 000	232 000	38 000	255 000
Dividends	40 000	0	0	0
Other Current Debt	207 000	152 000	58 000	69 000
Total Current Debt	1 456 000	555 000	193 000	623 000
Total Equity and Debt	1 493 000	722 000	334 000	740 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−252,78 %	19,76 %	21,64 %	102,86 %
Debt-to-Equity Ratio	0	0	0,05	0,11
Operating Profit Margin	−1,86 %	1,19 %	1,15 %	4,29 %
Current Ratio	0,84	1,01	0,6	0,71
Quick Ratio	0,84	1,01	0,6	0,71
Equity Ratio	0,02	0,23	0,4	0,14
Gross Profit Margin	35,23 %	42,65 %	27,69 %	30,12 %