SØVIK UTVIKLING AS

4639 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

94,99 %

Current Ratio

0,44

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	810 000	2 700 000	6 280 000	120 000
Net Income	569 000	105 000	729 000	−118 000
Total Assets	1 044 000	1 215 000	2 575 000	6 860 000
Total Equity	599 000	30 000	639 000	−90 000

Income (NOK)	2022	2021	2020	2019
Revenue	810 000	2 700 000	6 280 000	120 000
Expenditure	103 000	2 498 000	5 025 000	44 000
Operating Profit	707 000	202 000	1 254 000	76 000
Financial Income	0	0	0	0
Financial Costs	−22 000	67 000	353 000	194 000
Financial Balance	22 000	−67 000	−353 000	−194 000
Earnings Before Tax	729 000	134 000	901 000	−118 000
Tax	160 000	30 000	172 000	0
Net Income	569 000	105 000	729 000	−118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	969 000	0	2 098 000	6 720 000
Total Current Assets	75 000	1 215 000	476 000	141 000
Total Assets	1 044 000	1 215 000	2 575 000	6 860 000
Total Retained Equity	569 000	0	609 000	−120 000
Total Equity	599 000	30 000	639 000	−90 000
Total Long-Term Debt	274 000	465 000	1 922 000	6 936 000
Total Current Debt	171 000	720 000	14 000	15 000
Total Equity and Debt	1 044 000	1 215 000	2 575 000	6 860 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	810 000	2 700 000	6 280 000	0
Other Income	0	0	0	120 000
Revenue	810 000	2 700 000	6 280 000	120 000
Cost of Goods Sold	25 000	2 299 000	4 847 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	103 000	2 498 000	5 025 000	44 000
Operating Profit	707 000	202 000	1 254 000	76 000
Financial Income	0	0	0	0
Financial Costs	−22 000	67 000	353 000	194 000
Financial Balance	22 000	−67 000	−353 000	−194 000
Dividends	0	714 000	0	0
Net Income	569 000	105 000	729 000	−118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	2 098 000	6 720 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	2 098 000	6 720 000
Total Fiancial Fixed Assets	969 000	0	0	0
Total Fixed Assets	969 000	0	2 098 000	6 720 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	75 000	133 000	261 000	101 000
Total Current Assets	75 000	1 215 000	476 000	141 000
Total Assets	1 044 000	1 215 000	2 575 000	6 860 000
Total Equity	599 000	30 000	639 000	−90 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	274 000	465 000	1 922 000	6 936 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	714 000	0	0
Other Current Debt	9 000	7 000	0	15 000
Total Current Debt	171 000	720 000	14 000	15 000
Total Equity and Debt	1 044 000	1 215 000	2 575 000	6 860 000

Financial indicators	2022	2021	2020	2019
Return on Equity	94,99 %	350 %	114,08 %	131,11 %
Debt-to-Equity Ratio	0,46	15,5	3,01	−77,07
Operating Profit Margin	87,28 %	7,48 %	19,97 %	63,33 %
Current Ratio	0,44	1,69	34	9,4
Quick Ratio	0,44	1,69	34	9,4
Equity Ratio	0,57	0,02	0,25	−0,01
Gross Profit Margin	96,91 %	14,85 %	22,82 %	100 %