SØRVEST FLYTTING AS

4025 STAVANGER

Finances

Share Ownership

Return on Equity

18,52 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	458 000	466 000	0	56 000
Net Income	10 000	122 000	−15 000	7 000
Total Assets	131 000	134 000	30 000	38 000
Total Equity	54 000	43 000	−29 000	−14 000

Income (NOK)	2022	2021	2020	2019
Revenue	458 000	466 000	0	56 000
Expenditure	445 000	313 000	17 000	46 000
Operating Profit	13 000	154 000	−17 000	10 000
Financial Income	0	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	1 000	0	0
Earnings Before Tax	13 000	154 000	−17 000	10 000
Tax	3 000	32 000	−2 000	2 000
Net Income	10 000	122 000	−15 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	21 000	29 000	37 000
Total Current Assets	118 000	113 000	0	0
Total Assets	131 000	134 000	30 000	38 000
Total Retained Equity	24 000	13 000	−59 000	−44 000
Total Equity	54 000	43 000	−29 000	−14 000
Total Long-Term Debt	0	1 000	0	2 000
Total Current Debt	78 000	90 000	58 000	50 000
Total Equity and Debt	131 000	134 000	30 000	38 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	458 000	457 000	0	56 000
Other Income	0	10 000	0	0
Revenue	458 000	466 000	0	56 000
Cost of Goods Sold	0	0	0	0
Salary Costs	291 000	147 000	0	−5 000
Depreciation	8 000	8 000	8 000	3 000
Impairment	0	0	0	0
Expenditure	445 000	313 000	17 000	46 000
Operating Profit	13 000	154 000	−17 000	10 000
Financial Income	0	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	1 000	0	0
Dividends	0	50 000	0	0
Net Income	10 000	122 000	−15 000	7 000

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	13 000	21 000	29 000	37 000
Total Tangible Assets	13 000	21 000	29 000	37 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	21 000	29 000	37 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	45 000	74 000	0	0
Total Current Assets	118 000	113 000	0	0
Total Assets	131 000	134 000	30 000	38 000
Total Equity	54 000	43 000	−29 000	−14 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	2 000
Creditors	0	11 000	0	5 000
Unpaid Taxes	33 000	33 000	4 000	4 000
Dividends	0	50 000	0	0
Other Current Debt	41 000	14 000	54 000	41 000
Total Current Debt	78 000	90 000	58 000	50 000
Total Equity and Debt	131 000	134 000	30 000	38 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,52 %	283,72 %	51,72 %	−50 %
Debt-to-Equity Ratio	0	0,02	−0	−0,14
Operating Profit Margin	2,84 %	33,05 %	-	17,86 %
Current Ratio	1,51	1,26	0	0
Quick Ratio	1,51	1,26	0	0
Equity Ratio	0,41	0,32	−0,97	−0,37
Gross Profit Margin	100 %	100 %	-	100 %