H.O. SØBSTAD AS

6412 MOLDE

Finances

Return on Equity

1,11 %

Current Ratio

1,14

Debt-to-Equity Ratio

3,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	436 000	952 000	1 464 000	48 000
Net Income	23 000	325 000	1 017 000	−72 000
Total Assets	11 538 000	9 338 000	3 718 000	1 659 000
Total Equity	2 081 000	2 057 000	1 733 000	716 000

Income (NOK)	2022	2021	2020	2019
Revenue	436 000	952 000	1 464 000	48 000
Expenditure	172 000	358 000	135 000	95 000
Operating Profit	262 000	594 000	1 329 000	−47 000
Financial Income	0	3 000	9 000	0
Financial Costs	233 000	181 000	54 000	25 000
Financial Balance	−233 000	−178 000	−45 000	−25 000
Earnings Before Tax	30 000	416 000	1 283 000	−72 000
Tax	7 000	92 000	266 000	0
Net Income	23 000	325 000	1 017 000	−72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 987 000	3 366 000	1 233 000	689 000
Total Current Assets	2 551 000	5 971 000	2 485 000	970 000
Total Assets	11 538 000	9 338 000	3 718 000	1 659 000
Total Retained Equity	2 051 000	2 027 000	1 703 000	686 000
Total Equity	2 081 000	2 057 000	1 733 000	716 000
Total Long-Term Debt	7 217 000	3 527 000	1 618 000	866 000
Total Current Debt	2 240 000	3 754 000	368 000	78 000
Total Equity and Debt	11 538 000	9 338 000	3 718 000	1 659 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	436 000	831 000	1 351 000	48 000
Other Income	0	121 000	112 000	0
Revenue	436 000	952 000	1 464 000	48 000
Cost of Goods Sold	11 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	87 000	257 000	103 000	56 000
Impairment	0	0	0	0
Expenditure	172 000	358 000	135 000	95 000
Operating Profit	262 000	594 000	1 329 000	−47 000
Financial Income	0	3 000	9 000	0
Financial Costs	233 000	181 000	54 000	25 000
Financial Balance	−233 000	−178 000	−45 000	−25 000
Dividends	0	0	0	0
Net Income	23 000	325 000	1 017 000	−72 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 389 000	0	0	0
Machinery and Plant Facilities	228 000	0	0	0
Fixtures	3 352 000	3 366 000	1 233 000	689 000
Total Tangible Assets	8 969 000	3 366 000	1 233 000	689 000
Total Fiancial Fixed Assets	18 000	0	0	0
Total Fixed Assets	8 987 000	3 366 000	1 233 000	689 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	68 000	150 000	912 000	0
Total Current Assets	2 551 000	5 971 000	2 485 000	970 000
Total Assets	11 538 000	9 338 000	3 718 000	1 659 000
Total Equity	2 081 000	2 057 000	1 733 000	716 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 217 000	3 527 000	1 618 000	866 000
Creditors	3 000	38 000	21 000	6 000
Unpaid Taxes	0	13 000	139 000	11 000
Dividends	0	0	0	0
Other Current Debt	2 237 000	3 702 000	44 000	61 000
Total Current Debt	2 240 000	3 754 000	368 000	78 000
Total Equity and Debt	11 538 000	9 338 000	3 718 000	1 659 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,11 %	15,8 %	58,68 %	−10,06 %
Debt-to-Equity Ratio	3,47	1,71	0,93	1,21
Operating Profit Margin	60,09 %	62,39 %	90,78 %	−97,92 %
Current Ratio	1,14	1,59	6,75	12,44
Quick Ratio	1,14	1,59	6,75	12,44
Equity Ratio	0,18	0,22	0,47	0,43
Gross Profit Margin	97,48 %	100 %	100 %	100 %