SØR-VARANGER UTVIKLING AS

9901 KIRKENES

Finances

Return on Equity

0 %

Current Ratio

1,33

Debt-to-Equity Ratio

37,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 133 000	5 965 000	3 888 000	4 351 000
Net Income	0	−1 000	−3 000	7 000
Total Assets	11 634 000	4 569 000	3 450 000	3 225 000
Total Equity	86 000	86 000	87 000	90 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 133 000	5 965 000	3 888 000	4 351 000
Expenditure	8 189 000	5 969 000	3 900 000	4 351 000
Operating Profit	−57 000	−4 000	−12 000	−1 000
Financial Income	57 000	5 000	11 000	13 000
Financial Costs	0	0	0	1 000
Financial Balance	57 000	5 000	11 000	12 000
Earnings Before Tax	0	1 000	0	12 000
Tax	0	2 000	3 000	5 000
Net Income	0	−1 000	−3 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	529 000	529 000	535 000	28 000
Total Current Assets	11 105 000	4 040 000	2 915 000	3 197 000
Total Assets	11 634 000	4 569 000	3 450 000	3 225 000
Total Retained Equity	−14 000	−14 000	−13 000	−10 000
Total Equity	86 000	86 000	87 000	90 000
Total Long-Term Debt	3 214 000	3 210 000	3 039 000	2 372 000
Total Current Debt	8 335 000	1 273 000	325 000	763 000
Total Equity and Debt	11 634 000	4 569 000	3 450 000	3 225 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 133 000	5 965 000	3 888 000	4 351 000
Other Income	0	0	0	0
Revenue	8 133 000	5 965 000	3 888 000	4 351 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 090 000	3 296 000	2 593 000	2 300 000
Depreciation	0	6 000	22 000	22 000
Impairment	0	0	0	0
Expenditure	8 189 000	5 969 000	3 900 000	4 351 000
Operating Profit	−57 000	−4 000	−12 000	−1 000
Financial Income	57 000	5 000	11 000	13 000
Financial Costs	0	0	0	1 000
Financial Balance	57 000	5 000	11 000	12 000
Dividends	0	0	0	0
Net Income	0	−1 000	−3 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	6 000	28 000
Total Tangible Assets	0	0	6 000	28 000
Total Fiancial Fixed Assets	529 000	529 000	529 000	0
Total Fixed Assets	529 000	529 000	535 000	28 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 712 000	959 000	690 000	618 000
Total Current Assets	11 105 000	4 040 000	2 915 000	3 197 000
Total Assets	11 634 000	4 569 000	3 450 000	3 225 000
Total Equity	86 000	86 000	87 000	90 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 214 000	3 210 000	3 039 000	2 372 000
Creditors	687 000	823 000	17 000	303 000
Unpaid Taxes	156 000	142 000	88 000	257 000
Dividends	0	0	0	0
Other Current Debt	7 492 000	306 000	217 000	196 000
Total Current Debt	8 335 000	1 273 000	325 000	763 000
Total Equity and Debt	11 634 000	4 569 000	3 450 000	3 225 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0 %	−1,16 %	−3,45 %	7,78 %
Debt-to-Equity Ratio	37,37	37,33	34,93	26,36
Operating Profit Margin	−0,7 %	−0,07 %	−0,31 %	−0,02 %
Current Ratio	1,33	3,17	8,97	4,19
Quick Ratio	1,33	3,17	8,97	4,19
Equity Ratio	0,01	0,02	0,03	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %