SØMSVEIEN 5 AS

4870 FEVIK

Finances

Share Ownership

Return on Equity

−9,26 %

Current Ratio

0,16

Debt-to-Equity Ratio

1,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 541 000	4 974 000	425 000	501 000
Net Income	−61 000	384 000	−66 000	65 000
Total Assets	2 008 000	5 918 000	8 669 000	6 171 000
Total Equity	659 000	720 000	336 000	402 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 541 000	4 974 000	425 000	501 000
Expenditure	3 472 000	4 207 000	338 000	247 000
Operating Profit	69 000	767 000	86 000	254 000
Financial Income	0	0	0	0
Financial Costs	146 000	275 000	171 000	171 000
Financial Balance	−146 000	−275 000	−171 000	−171 000
Earnings Before Tax	−78 000	492 000	−85 000	83 000
Tax	−17 000	108 000	−19 000	18 000
Net Income	−61 000	384 000	−66 000	65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 947 000	2 438 000	6 498 000	6 010 000
Total Current Assets	61 000	3 481 000	2 171 000	161 000
Total Assets	2 008 000	5 918 000	8 669 000	6 171 000
Total Retained Equity	323 000	384 000	0	0
Total Equity	659 000	720 000	336 000	402 000
Total Long-Term Debt	973 000	4 879 000	7 373 000	5 415 000
Total Current Debt	376 000	320 000	959 000	354 000
Total Equity and Debt	2 008 000	5 918 000	8 669 000	6 171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 494 000	4 704 000	425 000	428 000
Other Income	47 000	270 000	0	72 000
Revenue	3 541 000	4 974 000	425 000	501 000
Cost of Goods Sold	3 334 000	4 016 000	0	0
Salary Costs	0	0	0	0
Depreciation	37 000	94 000	112 000	114 000
Impairment	0	0	0	0
Expenditure	3 472 000	4 207 000	338 000	247 000
Operating Profit	69 000	767 000	86 000	254 000
Financial Income	0	0	0	0
Financial Costs	146 000	275 000	171 000	171 000
Financial Balance	−146 000	−275 000	−171 000	−171 000
Dividends	0	0	0	0
Net Income	−61 000	384 000	−66 000	65 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 947 000	2 438 000	6 498 000	6 010 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 947 000	2 438 000	6 498 000	6 010 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 947 000	2 438 000	6 498 000	6 010 000
Stock	0	2 327 000	1 893 000	0
Total Investments	0	0	0	0
Cash, Bank	35 000	799 000	90 000	98 000
Total Current Assets	61 000	3 481 000	2 171 000	161 000
Total Assets	2 008 000	5 918 000	8 669 000	6 171 000
Total Equity	659 000	720 000	336 000	402 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	973 000	4 879 000	7 373 000	5 415 000
Creditors	61 000	0	622 000	35 000
Unpaid Taxes	2 000	0	0	20 000
Dividends	0	0	0	0
Other Current Debt	195 000	106 000	337 000	295 000
Total Current Debt	376 000	320 000	959 000	354 000
Total Equity and Debt	2 008 000	5 918 000	8 669 000	6 171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,26 %	53,33 %	−19,64 %	16,17 %
Debt-to-Equity Ratio	1,48	6,78	21,94	13,47
Operating Profit Margin	1,95 %	15,42 %	20,24 %	50,7 %
Current Ratio	0,16	10,88	2,26	0,45
Quick Ratio	0,16	−1,73	−2,32	0,45
Equity Ratio	0,33	0,12	0,04	0,07
Gross Profit Margin	5,85 %	19,26 %	100 %	100 %