SØRKYSTEN AS

4029 STAVANGER

Finances

Share Ownership

Return on Equity

−0,85 %

Current Ratio

59,83

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−44 000	−88 000	−165 000	−1 258 000
Total Assets	5 504 000	5 537 000	5 505 000	5 501 000
Total Equity	5 181 000	5 224 000	5 312 000	5 477 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	12 000	87 000	163 000	1 172 000
Operating Profit	−12 000	−87 000	−163 000	−1 172 000
Financial Income	0	0	0	0
Financial Costs	32 000	0	1 000	0
Financial Balance	−32 000	0	−1 000	0
Earnings Before Tax	−44 000	−88 000	−165 000	−1 172 000
Tax	0	0	0	86 000
Net Income	−44 000	−88 000	−165 000	−1 258 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	5 504 000	5 537 000	5 505 000	5 501 000
Total Assets	5 504 000	5 537 000	5 505 000	5 501 000
Total Retained Equity	−1 864 000	−1 820 000	−1 733 000	−1 568 000
Total Equity	5 181 000	5 224 000	5 312 000	5 477 000
Total Long-Term Debt	231 000	0	0	0
Total Current Debt	92 000	313 000	193 000	24 000
Total Equity and Debt	5 504 000	5 537 000	5 505 000	5 501 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	13 000	6 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	12 000	87 000	163 000	1 172 000
Operating Profit	−12 000	−87 000	−163 000	−1 172 000
Financial Income	0	0	0	0
Financial Costs	32 000	0	1 000	0
Financial Balance	−32 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	−44 000	−88 000	−165 000	−1 258 000

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	5 500 000	5 500 000	5 500 000	5 500 000
Total Investments	0	0	0	0
Cash, Bank	2 000	35 000	5 000	1 000
Total Current Assets	5 504 000	5 537 000	5 505 000	5 501 000
Total Assets	5 504 000	5 537 000	5 505 000	5 501 000
Total Equity	5 181 000	5 224 000	5 312 000	5 477 000
Short-Term Group Debt	19 000	19 000	20 000	0
Total Long-Term Debt	231 000	0	0	0
Creditors	59 000	79 000	147 000	11 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	15 000	215 000	27 000	13 000
Total Current Debt	92 000	313 000	193 000	24 000
Total Equity and Debt	5 504 000	5 537 000	5 505 000	5 501 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,85 %	−1,68 %	−3,11 %	−22,97 %
Debt-to-Equity Ratio	0,04	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	59,83	17,69	28,52	229,21
Quick Ratio	−1,02	−1,07	−1,04	−1
Equity Ratio	0,94	0,94	0,96	1
Gross Profit Margin	-	-	-	-