SØDALSVEIEN 81 AS

4630 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

23,21 %

Current Ratio

172,21

Debt-to-Equity Ratio

−4,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 000	66 000	66 000	66 000
Net Income	−276 000	−198 000	−188 000	−218 000
Total Assets	4 133 000	4 213 000	4 170 000	4 158 000
Total Equity	−1 189 000	−913 000	−715 000	−527 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 000	66 000	66 000	66 000
Expenditure	113 000	81 000	77 000	107 000
Operating Profit	−47 000	−15 000	−11 000	−41 000
Financial Income	0	0	0	0
Financial Costs	229 000	183 000	177 000	177 000
Financial Balance	−229 000	−183 000	−177 000	−177 000
Earnings Before Tax	−276 000	−198 000	−188 000	−218 000
Tax	0	0	0	0
Net Income	−276 000	−198 000	−188 000	−218 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 133 000	4 213 000	4 170 000	4 158 000
Total Assets	4 133 000	4 213 000	4 170 000	4 158 000
Total Retained Equity	−1 205 000	−929 000	−732 000	−544 000
Total Equity	−1 189 000	−913 000	−715 000	−527 000
Total Long-Term Debt	5 297 000	5 109 000	4 873 000	4 673 000
Total Current Debt	24 000	17 000	12 000	12 000
Total Equity and Debt	4 133 000	4 213 000	4 170 000	4 158 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	66 000	66 000	66 000	66 000
Revenue	66 000	66 000	66 000	66 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	113 000	81 000	77 000	107 000
Operating Profit	−47 000	−15 000	−11 000	−41 000
Financial Income	0	0	0	0
Financial Costs	229 000	183 000	177 000	177 000
Financial Balance	−229 000	−183 000	−177 000	−177 000
Dividends	0	0	0	0
Net Income	−276 000	−198 000	−188 000	−218 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	4 109 000	4 109 000	4 109 000	4 109 000
Total Investments	0	0	0	0
Cash, Bank	17 000	99 000	56 000	45 000
Total Current Assets	4 133 000	4 213 000	4 170 000	4 158 000
Total Assets	4 133 000	4 213 000	4 170 000	4 158 000
Total Equity	−1 189 000	−913 000	−715 000	−527 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 297 000	5 109 000	4 873 000	4 673 000
Creditors	10 000	6 000	11 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	14 000	11 000	1 000	7 000
Total Current Debt	24 000	17 000	12 000	12 000
Total Equity and Debt	4 133 000	4 213 000	4 170 000	4 158 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,21 %	21,69 %	26,29 %	41,37 %
Debt-to-Equity Ratio	−4,46	−5,6	−6,82	−8,87
Operating Profit Margin	−71,21 %	−22,73 %	−16,67 %	−62,12 %
Current Ratio	172,21	247,82	347,5	346,5
Quick Ratio	−1,01	−1,03	−1,02	−1,01
Equity Ratio	−0,29	−0,22	−0,17	−0,13
Gross Profit Margin	100 %	100 %	100 %	100 %