SØRNES KYSTFISKE AS

8392 SØRVÅGEN

Finances

Share Ownership

Return on Equity

44,36 %

Current Ratio

0,82

Debt-to-Equity Ratio

4,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 114 000	1 757 000	1 842 000	2 395 000
Net Income	499 000	−299 000	−30 000	184 000
Total Assets	6 981 000	5 260 000	5 506 000	5 516 000
Total Equity	1 125 000	626 000	925 000	955 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 114 000	1 757 000	1 842 000	2 395 000
Expenditure	1 375 000	1 990 000	1 710 000	1 985 000
Operating Profit	739 000	−233 000	132 000	410 000
Financial Income	8 000	7 000	0	2 000
Financial Costs	105 000	155 000	168 000	172 000
Financial Balance	−97 000	−148 000	−168 000	−170 000
Earnings Before Tax	642 000	−382 000	−35 000	239 000
Tax	143 000	−82 000	−6 000	55 000
Net Income	499 000	−299 000	−30 000	184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 407 000	4 954 000	4 737 000	4 827 000
Total Current Assets	574 000	306 000	769 000	689 000
Total Assets	6 981 000	5 260 000	5 506 000	5 516 000
Total Retained Equity	625 000	126 000	425 000	455 000
Total Equity	1 125 000	626 000	925 000	955 000
Total Long-Term Debt	5 152 000	3 788 000	3 394 000	3 507 000
Total Current Debt	703 000	846 000	1 187 000	1 054 000
Total Equity and Debt	6 981 000	5 260 000	5 506 000	5 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 558 000	1 757 000	1 842 000	2 395 000
Other Income	556 000	0	0	0
Revenue	2 114 000	1 757 000	1 842 000	2 395 000
Cost of Goods Sold	0	0	0	0
Salary Costs	607 000	1 031 000	844 000	1 073 000
Depreciation	108 000	219 000	176 000	170 000
Impairment	0	0	0	0
Expenditure	1 375 000	1 990 000	1 710 000	1 985 000
Operating Profit	739 000	−233 000	132 000	410 000
Financial Income	8 000	7 000	0	2 000
Financial Costs	105 000	155 000	168 000	172 000
Financial Balance	−97 000	−148 000	−168 000	−170 000
Dividends	0	0	0	0
Net Income	499 000	−299 000	−30 000	184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 600 000	2 600 000	2 600 000	2 600 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	425 000	412 000	100 000	30 000
Total Tangible Assets	3 797 000	2 344 000	2 127 000	2 217 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	6 407 000	4 954 000	4 737 000	4 827 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	500 000	241 000	737 000	523 000
Total Current Assets	574 000	306 000	769 000	689 000
Total Assets	6 981 000	5 260 000	5 506 000	5 516 000
Total Equity	1 125 000	626 000	925 000	955 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 152 000	3 788 000	3 394 000	3 507 000
Creditors	171 000	41 000	28 000	27 000
Unpaid Taxes	118 000	244 000	271 000	243 000
Dividends	0	0	0	0
Other Current Debt	214 000	185 000	888 000	765 000
Total Current Debt	703 000	846 000	1 187 000	1 054 000
Total Equity and Debt	6 981 000	5 260 000	5 506 000	5 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,36 %	−47,76 %	−3,24 %	19,27 %
Debt-to-Equity Ratio	4,58	6,05	3,67	3,67
Operating Profit Margin	34,96 %	−13,26 %	7,17 %	17,12 %
Current Ratio	0,82	0,36	0,65	0,65
Quick Ratio	0,82	0,36	0,65	0,65
Equity Ratio	0,16	0,12	0,17	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %