SØRVEST EIENDOMSSERVICE AS

4318 SANDNES

Finances

Share Ownership

Return on Equity

−494,12 %

Current Ratio

1,05

Debt-to-Equity Ratio

3,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 539 000	6 150 000	2 543 000	2 948 000
Net Income	−84 000	−25 000	70 000	−55 000
Total Assets	465 000	620 000	2 449 000	359 000
Total Equity	17 000	101 000	126 000	96 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 539 000	6 150 000	2 543 000	2 948 000
Expenditure	3 614 000	4 232 000	2 441 000	3 002 000
Operating Profit	−75 000	2 000	101 000	−53 000
Financial Income	0	0	1 000	0
Financial Costs	9 000	30 000	11 000	13 000
Financial Balance	−9 000	−30 000	−10 000	−13 000
Earnings Before Tax	−84 000	−28 000	90 000	−66 000
Tax	0	−3 000	20 000	−10 000
Net Income	−84 000	−25 000	70 000	−55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	71 000	91 000	10 000
Total Current Assets	413 000	549 000	2 358 000	348 000
Total Assets	465 000	620 000	2 449 000	359 000
Total Retained Equity	−13 000	71 000	96 000	66 000
Total Equity	17 000	101 000	126 000	96 000
Total Long-Term Debt	53 000	73 000	1 333 000	0
Total Current Debt	394 000	446 000	990 000	263 000
Total Equity and Debt	465 000	620 000	2 449 000	359 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 539 000	6 150 000	2 543 000	2 948 000
Other Income	0	0	0	0
Revenue	3 539 000	6 150 000	2 543 000	2 948 000
Cost of Goods Sold	1 488 000	2 051 000	1 124 000	1 289 000
Salary Costs	1 460 000	1 650 000	920 000	1 064 000
Depreciation	20 000	20 000	8 000	0
Impairment	0	0	0	0
Expenditure	3 614 000	4 232 000	2 441 000	3 002 000
Operating Profit	−75 000	2 000	101 000	−53 000
Financial Income	0	0	1 000	0
Financial Costs	9 000	30 000	11 000	13 000
Financial Balance	−9 000	−30 000	−10 000	−13 000
Dividends	0	0	40 000	80 000
Net Income	−84 000	−25 000	70 000	−55 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	51 000	71 000	91 000	0
Total Tangible Assets	51 000	71 000	91 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	51 000	71 000	91 000	10 000
Stock	0	0	1 913 000	0
Total Investments	0	0	0	0
Cash, Bank	130 000	303 000	195 000	210 000
Total Current Assets	413 000	549 000	2 358 000	348 000
Total Assets	465 000	620 000	2 449 000	359 000
Total Equity	17 000	101 000	126 000	96 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	53 000	73 000	1 333 000	0
Creditors	89 000	132 000	190 000	0
Unpaid Taxes	141 000	144 000	142 000	71 000
Dividends	0	0	40 000	80 000
Other Current Debt	164 000	170 000	650 000	111 000
Total Current Debt	394 000	446 000	990 000	263 000
Total Equity and Debt	465 000	620 000	2 449 000	359 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−494,12 %	−24,75 %	55,56 %	−57,29 %
Debt-to-Equity Ratio	3,12	0,72	10,58	0
Operating Profit Margin	−2,12 %	0,03 %	3,97 %	−1,8 %
Current Ratio	1,05	1,23	2,38	1,32
Quick Ratio	1,05	1,23	−2,55	1,32
Equity Ratio	0,04	0,16	0,05	0,27
Gross Profit Margin	57,95 %	66,65 %	55,8 %	56,28 %