SVEN MORENS VEG 19 AS

2312 OTTESTAD

Finances

Share Ownership

Return on Equity

93,86 %

Current Ratio

1,82

Debt-to-Equity Ratio

−23,7

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Net Income	−413 000	−142 000	−121 000	−114 000
Total Assets	15 131 000	2 303 000	2 015 000	1 739 000
Total Equity	−440 000	−27 000	115 000	236 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Expenditure	64 000	24 000	29 000	57 000
Operating Profit	−64 000	−24 000	−29 000	−57 000
Financial Income	0	1 000	2 000	0
Financial Costs	350 000	118 000	95 000	58 000
Financial Balance	−350 000	−117 000	−93 000	−58 000
Earnings Before Tax	−413 000	−142 000	−121 000	−114 000
Tax	0	0	0	0
Net Income	−413 000	−142 000	−121 000	−114 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	5 785 000	0	0	1 545 000
Total Current Assets	9 346 000	2 303 000	2 015 000	194 000
Total Assets	15 131 000	2 303 000	2 015 000	1 739 000
Total Retained Equity	−545 000	−132 000	0	0
Total Equity	−440 000	−27 000	115 000	236 000
Total Long-Term Debt	10 429 000	2 101 000	1 800 000	1 500 000
Total Current Debt	5 143 000	229 000	101 000	3 000
Total Equity and Debt	15 131 000	2 303 000	2 015 000	1 739 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	64 000	24 000	29 000	57 000
Operating Profit	−64 000	−24 000	−29 000	−57 000
Financial Income	0	1 000	2 000	0
Financial Costs	350 000	118 000	95 000	58 000
Financial Balance	−350 000	−117 000	−93 000	−58 000
Dividends	0	0	0	0
Net Income	−413 000	−142 000	−121 000	−114 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 545 000	0	0	1 545 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 545 000	0	0	1 545 000
Total Fiancial Fixed Assets	4 240 000	0	0	0
Total Fixed Assets	5 785 000	0	0	1 545 000
Stock	9 911 000	2 303 000	2 170 000	0
Total Investments	0	0	0	0
Cash, Bank	−450 000	0	−161 000	194 000
Total Current Assets	9 346 000	2 303 000	2 015 000	194 000
Total Assets	15 131 000	2 303 000	2 015 000	1 739 000
Total Equity	−440 000	−27 000	115 000	236 000
Short-Term Group Debt	1 000	0	0	0
Total Long-Term Debt	10 429 000	2 101 000	1 800 000	1 500 000
Creditors	1 217 000	64 000	101 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 925 000	165 000	0	3 000
Total Current Debt	5 143 000	229 000	101 000	3 000
Total Equity and Debt	15 131 000	2 303 000	2 015 000	1 739 000

Financial indicators	2021	2020	2019	2018
Return on Equity	93,86 %	525,93 %	−105,22 %	−48,31 %
Debt-to-Equity Ratio	−23,7	−77,81	15,65	6,36
Operating Profit Margin	-	-	-	-
Current Ratio	1,82	10,06	19,95	64,67
Quick Ratio	−1,96	−1,11	−0,97	64,67
Equity Ratio	−0,03	−0,01	0,06	0,14
Gross Profit Margin	-	-	-	-