SØRLANDET RESORT EIENDOMSUTVIKLING AS

4818 FÆRVIK

Finances

Return on Equity

−0,41 %

Current Ratio

4,93

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	87 000	357 000	48 000	0
Net Income	−284 000	178 000	−54 000	−145 000
Total Assets	70 309 000	68 463 000	63 820 000	59 798 000
Total Equity	69 006 000	2 000	−176 000	−121 000

Income (NOK)	2021	2020	2019	2018
Revenue	87 000	357 000	48 000	0
Expenditure	334 000	175 000	102 000	145 000
Operating Profit	−247 000	183 000	−54 000	−145 000
Financial Income	0	0	0	0
Financial Costs	37 000	4 000	0	0
Financial Balance	−37 000	−4 000	0	0
Earnings Before Tax	−284 000	178 000	−54 000	−145 000
Tax	0	0	0	0
Net Income	−284 000	178 000	−54 000	−145 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	63 890 000	63 855 000	60 452 000	57 349 000
Total Current Assets	6 419 000	4 608 000	3 369 000	2 450 000
Total Assets	70 309 000	68 463 000	63 820 000	59 798 000
Total Retained Equity	−305 000	−21 000	−199 000	−145 000
Total Equity	69 006 000	2 000	−176 000	−121 000
Total Long-Term Debt	0	0	0	12 918 000
Total Current Debt	1 303 000	68 461 000	63 996 000	47 001 000
Total Equity and Debt	70 309 000	68 463 000	63 820 000	59 798 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	30 000	299 000	48 000	0
Other Income	56 000	59 000	0	0
Revenue	87 000	357 000	48 000	0
Cost of Goods Sold	0	58 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	334 000	175 000	102 000	145 000
Operating Profit	−247 000	183 000	−54 000	−145 000
Financial Income	0	0	0	0
Financial Costs	37 000	4 000	0	0
Financial Balance	−37 000	−4 000	0	0
Dividends	0	0	0	0
Net Income	−284 000	178 000	−54 000	−145 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	44 935 000	44 900 000	41 497 000	38 394 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	44 935 000	44 900 000	41 497 000	38 394 000
Total Fiancial Fixed Assets	18 955 000	18 955 000	18 955 000	18 955 000
Total Fixed Assets	63 890 000	63 855 000	60 452 000	57 349 000
Stock	6 354 000	4 551 000	3 357 000	2 450 000
Total Investments	0	0	0	0
Cash, Bank	1 000	9 000	8 000	0
Total Current Assets	6 419 000	4 608 000	3 369 000	2 450 000
Total Assets	70 309 000	68 463 000	63 820 000	59 798 000
Total Equity	69 006 000	2 000	−176 000	−121 000
Short-Term Group Debt	0	67 950 000	63 452 000	46 891 000
Total Long-Term Debt	0	0	0	12 918 000
Creditors	150 000	503 000	537 000	110 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 153 000	8 000	7 000	0
Total Current Debt	1 303 000	68 461 000	63 996 000	47 001 000
Total Equity and Debt	70 309 000	68 463 000	63 820 000	59 798 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−0,41 %	8 900 %	30,68 %	119,83 %
Debt-to-Equity Ratio	0	0	−0	−106,76
Operating Profit Margin	−283,91 %	51,26 %	−112,5 %	-
Current Ratio	4,93	0,07	0,05	0,05
Quick Ratio	−1,27	0,07	0,06	0,05
Equity Ratio	0,98	0	−0	−0
Gross Profit Margin	100 %	83,75 %	100 %	-