SØRSTUA AS

3719 SKIEN

Finances

Share Ownership

Return on Equity

−6,54 %

Current Ratio

473,83

Debt-to-Equity Ratio

0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	316 000	243 000	172 000	209 000
Net Income	−166 000	−205 000	−205 000	−161 000
Total Assets	4 875 000	2 588 000	2 848 000	2 953 000
Total Equity	2 539 000	258 000	251 000	227 000

Income (NOK)	2022	2021	2020	2019
Revenue	316 000	243 000	172 000	209 000
Expenditure	454 000	462 000	385 000	361 000
Operating Profit	−138 000	−220 000	−212 000	−152 000
Financial Income	0	0	0	0
Financial Costs	74 000	43 000	51 000	54 000
Financial Balance	−74 000	−43 000	−51 000	−54 000
Earnings Before Tax	−213 000	−263 000	−262 000	−206 000
Tax	−47 000	−58 000	−58 000	−45 000
Net Income	−166 000	−205 000	−205 000	−161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 032 000	2 149 000	2 250 000	2 149 000
Total Current Assets	2 843 000	440 000	598 000	804 000
Total Assets	4 875 000	2 588 000	2 848 000	2 953 000
Total Retained Equity	0	0	0	0
Total Equity	2 539 000	258 000	251 000	227 000
Total Long-Term Debt	2 330 000	2 328 000	2 577 000	2 579 000
Total Current Debt	6 000	3 000	20 000	147 000
Total Equity and Debt	4 875 000	2 588 000	2 848 000	2 953 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	135 000	95 000	67 000	76 000
Other Income	181 000	148 000	105 000	134 000
Revenue	316 000	243 000	172 000	209 000
Cost of Goods Sold	94 000	67 000	33 000	40 000
Salary Costs	0	0	0	0
Depreciation	80 000	80 000	80 000	77 000
Impairment	0	0	0	0
Expenditure	454 000	462 000	385 000	361 000
Operating Profit	−138 000	−220 000	−212 000	−152 000
Financial Income	0	0	0	0
Financial Costs	74 000	43 000	51 000	54 000
Financial Balance	−74 000	−43 000	−51 000	−54 000
Dividends	0	0	0	0
Net Income	−166 000	−205 000	−205 000	−161 000

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	490 000	556 000	636 000	688 000
Total Tangible Assets	490 000	556 000	636 000	688 000
Total Fiancial Fixed Assets	1 542 000	1 593 000	1 614 000	1 462 000
Total Fixed Assets	2 032 000	2 149 000	2 250 000	2 149 000
Stock	54 000	53 000	56 000	34 000
Total Investments	0	0	0	0
Cash, Bank	218 000	4 000	142 000	249 000
Total Current Assets	2 843 000	440 000	598 000	804 000
Total Assets	4 875 000	2 588 000	2 848 000	2 953 000
Total Equity	2 539 000	258 000	251 000	227 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 330 000	2 328 000	2 577 000	2 579 000
Creditors	6 000	3 000	20 000	147 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	6 000	3 000	20 000	147 000
Total Equity and Debt	4 875 000	2 588 000	2 848 000	2 953 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,54 %	−79,46 %	−81,67 %	−70,93 %
Debt-to-Equity Ratio	0,92	9,02	10,27	11,36
Operating Profit Margin	−43,67 %	−90,53 %	−123,26 %	−72,73 %
Current Ratio	473,83	146,67	29,9	5,47
Quick Ratio	−59,23	−8,8	−16,61	7,12
Equity Ratio	0,52	0,1	0,09	0,08
Gross Profit Margin	70,25 %	72,43 %	80,81 %	80,86 %