SUNDSMOEN & BORGEN AS

3058 SOLBERGMOEN

Finances

Share Ownership

Return on Equity

−16,31 %

Current Ratio

1,59

Debt-to-Equity Ratio

3,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 314 000	13 592 000	11 403 000	8 244 000
Net Income	−137 000	266 000	675 000	127 000
Total Assets	5 941 000	7 005 000	7 163 000	1 865 000
Total Equity	840 000	977 000	711 000	36 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 314 000	13 592 000	11 403 000	8 244 000
Expenditure	15 329 000	13 100 000	10 506 000	8 093 000
Operating Profit	−15 000	493 000	896 000	151 000
Financial Income	2 000	1 000	2 000	2 000
Financial Costs	163 000	153 000	79 000	26 000
Financial Balance	−161 000	−152 000	−77 000	−24 000
Earnings Before Tax	−176 000	341 000	819 000	127 000
Tax	−39 000	75 000	144 000	0
Net Income	−137 000	266 000	675 000	127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 082 000	3 634 000	4 108 000	360 000
Total Current Assets	2 859 000	3 371 000	3 055 000	1 505 000
Total Assets	5 941 000	7 005 000	7 163 000	1 865 000
Total Retained Equity	648 000	785 000	519 000	−155 000
Total Equity	840 000	977 000	711 000	36 000
Total Long-Term Debt	3 304 000	4 092 000	4 766 000	828 000
Total Current Debt	1 797 000	1 936 000	1 686 000	1 001 000
Total Equity and Debt	5 941 000	7 005 000	7 163 000	1 865 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 315 000	13 685 000	11 310 000	8 244 000
Other Income	0	−93 000	93 000	0
Revenue	15 314 000	13 592 000	11 403 000	8 244 000
Cost of Goods Sold	3 073 000	1 820 000	2 199 000	1 674 000
Salary Costs	4 668 000	4 771 000	3 926 000	2 993 000
Depreciation	690 000	674 000	309 000	87 000
Impairment	0	0	0	0
Expenditure	15 329 000	13 100 000	10 506 000	8 093 000
Operating Profit	−15 000	493 000	896 000	151 000
Financial Income	2 000	1 000	2 000	2 000
Financial Costs	163 000	153 000	79 000	26 000
Financial Balance	−161 000	−152 000	−77 000	−24 000
Dividends	0	0	0	0
Net Income	−137 000	266 000	675 000	127 000

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	3 082 000	3 634 000	4 108 000	360 000
Total Tangible Assets	3 082 000	3 634 000	4 108 000	360 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 082 000	3 634 000	4 108 000	360 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	601 000	1 622 000	1 328 000	719 000
Total Current Assets	2 859 000	3 371 000	3 055 000	1 505 000
Total Assets	5 941 000	7 005 000	7 163 000	1 865 000
Total Equity	840 000	977 000	711 000	36 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 304 000	4 092 000	4 766 000	828 000
Creditors	801 000	691 000	733 000	302 000
Unpaid Taxes	571 000	797 000	596 000	410 000
Dividends	0	0	0	0
Other Current Debt	425 000	436 000	357 000	288 000
Total Current Debt	1 797 000	1 936 000	1 686 000	1 001 000
Total Equity and Debt	5 941 000	7 005 000	7 163 000	1 865 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,31 %	27,23 %	94,94 %	352,78 %
Debt-to-Equity Ratio	3,93	4,19	6,7	23
Operating Profit Margin	−0,1 %	3,63 %	7,86 %	1,83 %
Current Ratio	1,59	1,74	1,81	1,5
Quick Ratio	1,59	1,74	1,81	1,5
Equity Ratio	0,14	0,14	0,1	0,02
Gross Profit Margin	79,93 %	86,61 %	80,72 %	79,69 %