SJØSTERK AS

7900 RØRVIK

Finances

Share Ownership

Return on Equity

−57,73 %

Current Ratio

3,17

Debt-to-Equity Ratio

4,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	532 000	1 148 000	776 000	245 000
Net Income	−168 000	83 000	127 000	−43 000
Total Assets	1 555 000	1 687 000	1 648 000	1 504 000
Total Equity	291 000	459 000	376 000	249 000

Income (NOK)	2022	2021	2020	2019
Revenue	532 000	1 148 000	776 000	245 000
Expenditure	668 000	1 009 000	590 000	254 000
Operating Profit	−135 000	139 000	186 000	−11 000
Financial Income	2 000	2 000	1 000	−3 000
Financial Costs	35 000	19 000	32 000	29 000
Financial Balance	−33 000	−17 000	−31 000	−32 000
Earnings Before Tax	−168 000	122 000	155 000	−43 000
Tax	0	39 000	28 000	0
Net Income	−168 000	83 000	127 000	−43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 333 000	1 070 000	1 073 000	1 284 000
Total Current Assets	222 000	617 000	575 000	220 000
Total Assets	1 555 000	1 687 000	1 648 000	1 504 000
Total Retained Equity	31 000	199 000	116 000	−11 000
Total Equity	291 000	459 000	376 000	249 000
Total Long-Term Debt	1 194 000	1 105 000	1 182 000	1 229 000
Total Current Debt	70 000	123 000	90 000	26 000
Total Equity and Debt	1 555 000	1 687 000	1 648 000	1 504 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	482 000	1 078 000	776 000	245 000
Other Income	49 000	70 000	0	0
Revenue	532 000	1 148 000	776 000	245 000
Cost of Goods Sold	33 000	1 000	4 000	3 000
Salary Costs	0	288 000	0	0
Depreciation	328 000	308 000	277 000	128 000
Impairment	0	0	0	0
Expenditure	668 000	1 009 000	590 000	254 000
Operating Profit	−135 000	139 000	186 000	−11 000
Financial Income	2 000	2 000	1 000	−3 000
Financial Costs	35 000	19 000	32 000	29 000
Financial Balance	−33 000	−17 000	−31 000	−32 000
Dividends	0	0	0	0
Net Income	−168 000	83 000	127 000	−43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	215 000	215 000	10 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	78 000	68 000	107 000	0
Total Tangible Assets	1 333 000	1 070 000	1 073 000	1 284 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 333 000	1 070 000	1 073 000	1 284 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	193 000	467 000	376 000	212 000
Total Current Assets	222 000	617 000	575 000	220 000
Total Assets	1 555 000	1 687 000	1 648 000	1 504 000
Total Equity	291 000	459 000	376 000	249 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 194 000	1 105 000	1 182 000	1 229 000
Creditors	37 000	22 000	21 000	17 000
Unpaid Taxes	0	25 000	6 000	9 000
Dividends	0	0	0	0
Other Current Debt	33 000	37 000	36 000	0
Total Current Debt	70 000	123 000	90 000	26 000
Total Equity and Debt	1 555 000	1 687 000	1 648 000	1 504 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,73 %	18,08 %	33,78 %	−17,27 %
Debt-to-Equity Ratio	4,1	2,41	3,14	4,94
Operating Profit Margin	−25,38 %	12,11 %	23,97 %	−4,49 %
Current Ratio	3,17	5,02	6,39	8,46
Quick Ratio	3,17	5,02	6,39	8,46
Equity Ratio	0,19	0,27	0,23	0,17
Gross Profit Margin	93,8 %	99,91 %	99,48 %	98,78 %