SFA BARGES AS

4260 TORVASTAD

Finances

Share Ownership

Return on Equity

37,64 %

Current Ratio

1,13

Debt-to-Equity Ratio

−2,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	326 000	256 000	702 000	63 000
Net Income	−1 357 000	−1 048 000	−1 037 000	−386 000
Total Assets	4 808 000	5 756 000	6 592 000	7 211 000
Total Equity	−3 605 000	−2 248 000	−1 200 000	−164 000

Income (NOK)	2022	2021	2020	2019
Revenue	326 000	256 000	702 000	63 000
Expenditure	1 405 000	1 155 000	1 577 000	349 000
Operating Profit	−1 079 000	−899 000	−875 000	−285 000
Financial Income	0	0	0	0
Financial Costs	278 000	149 000	162 000	101 000
Financial Balance	−278 000	−149 000	−162 000	−101 000
Earnings Before Tax	−1 357 000	−1 048 000	−1 037 000	−386 000
Tax	0	0	0	0
Net Income	−1 357 000	−1 048 000	−1 037 000	−386 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 353 000	5 578 000	6 487 000	6 603 000
Total Current Assets	455 000	177 000	106 000	608 000
Total Assets	4 808 000	5 756 000	6 592 000	7 211 000
Total Retained Equity	−4 350 000	−2 992 000	−1 945 000	−908 000
Total Equity	−3 605 000	−2 248 000	−1 200 000	−164 000
Total Long-Term Debt	8 012 000	0	0	0
Total Current Debt	401 000	8 004 000	7 793 000	7 375 000
Total Equity and Debt	4 808 000	5 756 000	6 592 000	7 211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	326 000	256 000	702 000	63 000
Other Income	0	0	0	0
Revenue	326 000	256 000	702 000	63 000
Cost of Goods Sold	41 000	41 000	0	0
Salary Costs	0	0	0	0
Depreciation	1 226 000	908 000	654 000	54 000
Impairment	0	0	0	0
Expenditure	1 405 000	1 155 000	1 577 000	349 000
Operating Profit	−1 079 000	−899 000	−875 000	−285 000
Financial Income	0	0	0	0
Financial Costs	278 000	149 000	162 000	101 000
Financial Balance	−278 000	−149 000	−162 000	−101 000
Dividends	0	0	0	0
Net Income	−1 357 000	−1 048 000	−1 037 000	−386 000

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	0	0	0	0
Total Tangible Assets	4 353 000	5 578 000	6 487 000	6 603 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 353 000	5 578 000	6 487 000	6 603 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	131 000	36 000	106 000	367 000
Total Current Assets	455 000	177 000	106 000	608 000
Total Assets	4 808 000	5 756 000	6 592 000	7 211 000
Total Equity	−3 605 000	−2 248 000	−1 200 000	−164 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 012 000	0	0	0
Creditors	390 000	267 000	165 000	2 190 000
Unpaid Taxes	11 000	3 000	42 000	0
Dividends	0	0	0	0
Other Current Debt	0	7 734 000	7 585 000	5 185 000
Total Current Debt	401 000	8 004 000	7 793 000	7 375 000
Total Equity and Debt	4 808 000	5 756 000	6 592 000	7 211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,64 %	46,62 %	86,42 %	235,37 %
Debt-to-Equity Ratio	−2,22	−0	−0	−0
Operating Profit Margin	−330,98 %	−351,17 %	−124,64 %	−452,38 %
Current Ratio	1,13	0,02	0,01	0,08
Quick Ratio	1,13	0,02	0,01	0,08
Equity Ratio	−0,75	−0,39	−0,18	−0,02
Gross Profit Margin	87,42 %	83,98 %	100 %	100 %