SØRVIG AS

3154 TOLVSRØD

Finances

Share Ownership

Return on Equity

91,67 %

Current Ratio

0,1

Debt-to-Equity Ratio

−4,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	425 000	465 000	306 000	317 000
Net Income	22 000	76 000	57 000	0
Total Assets	8 000	38 000	15 000	28 000
Total Equity	24 000	3 000	−74 000	−108 000

Income (NOK)	2022	2021	2020	2019
Revenue	425 000	465 000	306 000	317 000
Expenditure	384 000	387 000	241 000	312 000
Operating Profit	42 000	78 000	65 000	4 000
Financial Income	0	0	0	0
Financial Costs	4 000	2 000	9 000	5 000
Financial Balance	−4 000	−2 000	−9 000	−5 000
Earnings Before Tax	38 000	76 000	57 000	0
Tax	17 000	0	0	0
Net Income	22 000	76 000	57 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	3 000
Total Current Assets	8 000	38 000	15 000	25 000
Total Assets	8 000	38 000	15 000	28 000
Total Retained Equity	0	−27 000	−98 000	−133 000
Total Equity	24 000	3 000	−74 000	−108 000
Total Long-Term Debt	−99 000	−38 000	19 000	69 000
Total Current Debt	83 000	73 000	69 000	67 000
Total Equity and Debt	8 000	38 000	15 000	28 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	425 000	450 000	306 000	317 000
Other Income	0	15 000	0	0
Revenue	425 000	465 000	306 000	317 000
Cost of Goods Sold	183 000	220 000	51 000	86 000
Salary Costs	0	0	0	0
Depreciation	0	0	3 000	36 000
Impairment	0	0	0	0
Expenditure	384 000	387 000	241 000	312 000
Operating Profit	42 000	78 000	65 000	4 000
Financial Income	0	0	0	0
Financial Costs	4 000	2 000	9 000	5 000
Financial Balance	−4 000	−2 000	−9 000	−5 000
Dividends	0	0	0	0
Net Income	22 000	76 000	57 000	0

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	3 000
Total Tangible Assets	0	0	0	3 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	3 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	0	5 000	9 000
Total Current Assets	8 000	38 000	15 000	25 000
Total Assets	8 000	38 000	15 000	28 000
Total Equity	24 000	3 000	−74 000	−108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−99 000	−38 000	19 000	69 000
Creditors	0	41 000	28 000	49 000
Unpaid Taxes	10 000	9 000	15 000	12 000
Dividends	0	0	0	0
Other Current Debt	0	24 000	26 000	6 000
Total Current Debt	83 000	73 000	69 000	67 000
Total Equity and Debt	8 000	38 000	15 000	28 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,67 %	2 533,33 %	−77,03 %	−0 %
Debt-to-Equity Ratio	−4,13	−12,67	−0,26	−0,64
Operating Profit Margin	9,88 %	16,77 %	21,24 %	1,26 %
Current Ratio	0,1	0,52	0,22	0,37
Quick Ratio	0,1	0,52	0,22	0,37
Equity Ratio	3	0,08	−4,93	−3,86
Gross Profit Margin	56,94 %	52,69 %	83,33 %	72,87 %