SØRFJORD VINDPARK AS

0277 OSLO

Finances

Share Ownership

Return on Equity

−4,49 %

Current Ratio

2,24

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	86 156 000	87 071 000	25 732 000	2 681 000
Net Income	−24 501 000	−47 944 000	−73 655 000	−13 363 000
Total Assets	1 050 349 000	1 043 514 000	1 075 124 000	1 024 273 000
Total Equity	545 587 000	567 520 000	615 464 000	200 620 000

Income (NOK)	2022	2021	2020	2019
Revenue	86 156 000	87 071 000	25 732 000	2 681 000
Expenditure	90 188 000	93 306 000	89 297 000	23 769 000
Operating Profit	−4 031 000	−6 235 000	−63 565 000	−21 088 000
Financial Income	2 626 000	234 000	617 000	4 376 000
Financial Costs	23 095 000	23 930 000	24 950 000	420 000
Financial Balance	−20 469 000	−23 696 000	−24 333 000	3 956 000
Earnings Before Tax	−24 501 000	−29 931 000	−87 897 000	−17 132 000
Tax	0	18 013 000	−14 242 000	−3 769 000
Net Income	−24 501 000	−47 944 000	−73 655 000	−13 363 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	937 754 000	953 878 000	1 002 104 000	770 856 000
Total Current Assets	112 595 000	89 635 000	73 021 000	253 417 000
Total Assets	1 050 349 000	1 043 514 000	1 075 124 000	1 024 273 000
Total Retained Equity	−158 480 000	−133 980 000	−86 036 000	−12 380 000
Total Equity	545 587 000	567 520 000	615 464 000	200 620 000
Total Long-Term Debt	454 572 000	454 228 000	450 686 000	750 000 000
Total Current Debt	50 190 000	21 765 000	8 974 000	73 653 000
Total Equity and Debt	1 050 349 000	1 043 514 000	1 075 124 000	1 024 273 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	86 156 000	87 071 000	25 732 000	2 681 000
Other Income	0	0	0	0
Revenue	86 156 000	87 071 000	25 732 000	2 681 000
Cost of Goods Sold	20 828 000	27 343 000	3 557 000	1 126 000
Salary Costs	0	0	0	0
Depreciation	40 081 000	39 693 000	26 391 000	1 493 000
Impairment	0	0	41 770 000	17 600 000
Expenditure	90 188 000	93 306 000	89 297 000	23 769 000
Operating Profit	−4 031 000	−6 235 000	−63 565 000	−21 088 000
Financial Income	2 626 000	234 000	617 000	4 376 000
Financial Costs	23 095 000	23 930 000	24 950 000	420 000
Financial Balance	−20 469 000	−23 696 000	−24 333 000	3 956 000
Dividends	0	0	0	0
Net Income	−24 501 000	−47 944 000	−73 655 000	−13 363 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	18 013 000	3 771 000
Real Eastate	41 118 000	41 870 000	44 216 000	360 311 000
Machinery and Plant Facilities	896 636 000	912 008 000	939 875 000	406 774 000
Fixtures	0	0	0	0
Total Tangible Assets	937 754 000	953 878 000	984 091 000	767 085 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	937 754 000	953 878 000	1 002 104 000	770 856 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	0	10 000	9 000
Total Current Assets	112 595 000	89 635 000	73 021 000	253 417 000
Total Assets	1 050 349 000	1 043 514 000	1 075 124 000	1 024 273 000
Total Equity	545 587 000	567 520 000	615 464 000	200 620 000
Short-Term Group Debt	249 000	0	0	0
Total Long-Term Debt	454 572 000	454 228 000	450 686 000	750 000 000
Creditors	29 439 000	3 668 000	2 889 000	65 774 000
Unpaid Taxes	0	2 795 000	0	0
Dividends	0	0	0	0
Other Current Debt	20 502 000	15 302 000	6 085 000	7 879 000
Total Current Debt	50 190 000	21 765 000	8 974 000	73 653 000
Total Equity and Debt	1 050 349 000	1 043 514 000	1 075 124 000	1 024 273 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,49 %	−8,45 %	−11,97 %	−6,66 %
Debt-to-Equity Ratio	0,83	0,8	0,73	3,74
Operating Profit Margin	−4,68 %	−7,16 %	−247,03 %	−786,57 %
Current Ratio	2,24	4,12	8,14	3,44
Quick Ratio	2,24	4,12	8,14	3,44
Equity Ratio	0,52	0,54	0,57	0,2
Gross Profit Margin	75,83 %	68,6 %	86,18 %	58 %