SOTRA SERVICE AS

5379 STEINSLAND

Finances

Share Ownership

Return on Equity

−8,12 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 631 000	1 289 000	851 000	502 000
Net Income	−35 000	37 000	201 000	156 000
Total Assets	740 000	751 000	554 000	333 000
Total Equity	431 000	465 000	428 000	227 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 631 000	1 289 000	851 000	502 000
Expenditure	1 673 000	1 240 000	593 000	301 000
Operating Profit	−42 000	48 000	258 000	201 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	0
Earnings Before Tax	−41 000	49 000	258 000	200 000
Tax	−7 000	12 000	57 000	44 000
Net Income	−35 000	37 000	201 000	156 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	371 000	323 000	76 000	200 000
Total Current Assets	369 000	428 000	478 000	133 000
Total Assets	740 000	751 000	554 000	333 000
Total Retained Equity	401 000	435 000	398 000	197 000
Total Equity	431 000	465 000	428 000	227 000
Total Long-Term Debt	4 000	11 000	3 000	2 000
Total Current Debt	305 000	275 000	123 000	104 000
Total Equity and Debt	740 000	751 000	554 000	333 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 631 000	1 289 000	851 000	502 000
Other Income	0	0	0	0
Revenue	1 631 000	1 289 000	851 000	502 000
Cost of Goods Sold	450 000	550 000	376 000	148 000
Salary Costs	701 000	398 000	1 000	0
Depreciation	53 000	31 000	3 000	2 000
Impairment	0	0	0	0
Expenditure	1 673 000	1 240 000	593 000	301 000
Operating Profit	−42 000	48 000	258 000	201 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	0
Dividends	0	0	0	0
Net Income	−35 000	37 000	201 000	156 000

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	371 000	323 000	76 000	38 000
Total Tangible Assets	371 000	323 000	76 000	200 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	371 000	323 000	76 000	200 000
Stock	16 000	14 000	4 000	5 000
Total Investments	0	0	0	0
Cash, Bank	189 000	255 000	435 000	127 000
Total Current Assets	369 000	428 000	478 000	133 000
Total Assets	740 000	751 000	554 000	333 000
Total Equity	431 000	465 000	428 000	227 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	11 000	3 000	2 000
Creditors	38 000	19 000	29 000	33 000
Unpaid Taxes	106 000	214 000	21 000	14 000
Dividends	0	0	0	0
Other Current Debt	161 000	37 000	17 000	14 000
Total Current Debt	305 000	275 000	123 000	104 000
Total Equity and Debt	740 000	751 000	554 000	333 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,12 %	7,96 %	46,96 %	68,72 %
Debt-to-Equity Ratio	0,01	0,02	0,01	0,01
Operating Profit Margin	−2,58 %	3,72 %	30,32 %	40,04 %
Current Ratio	1,21	1,56	3,89	1,28
Quick Ratio	1,28	1,64	4,02	1,34
Equity Ratio	0,58	0,62	0,77	0,68
Gross Profit Margin	72,41 %	57,33 %	55,82 %	70,52 %