SØRMARKFJELLET AS

7031 TRONDHEIM

Finances

Share Ownership

Return on Equity

21,97 %

Current Ratio

0,01

Debt-to-Equity Ratio

Key figures (EUR)	2022	2021	2020	2019
Revenue	15 448 000	6 378 000	130 000	0
Net Income	3 642 000	414 000	−408 000	−371 000
Total Assets	115 696 000	119 270 000	62 306 000	28 930 000
Total Equity	16 574 000	12 932 000	12 518 000	12 926 000

Income (EUR)	2022	2021	2020	2019
Revenue	15 448 000	6 378 000	130 000	0
Expenditure	12 045 000	2 178 000	181 000	263 000
Operating Profit	3 403 000	4 200 000	−51 000	−263 000
Financial Income	0	0	0	0
Financial Costs	64 000	2 737 000	430 000	173 000
Financial Balance	−64 000	−2 737 000	−430 000	−173 000
Earnings Before Tax	3 339 000	1 463 000	−481 000	−436 000
Tax	−303 000	1 049 000	−73 000	−65 000
Net Income	3 642 000	414 000	−408 000	−371 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	114 474 000	118 511 000	61 777 000	28 293 000
Total Current Assets	1 222 000	759 000	529 000	637 000
Total Assets	115 696 000	119 270 000	62 306 000	28 930 000
Total Retained Equity	3 277 000	−365 000	−779 000	−371 000
Total Equity	16 574 000	12 932 000	12 518 000	12 926 000
Total Long-Term Debt	0	54 000	0	0
Total Current Debt	99 122 000	106 284 000	49 788 000	16 004 000
Total Equity and Debt	115 696 000	119 270 000	62 306 000	28 930 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	15 448 000	6 368 000	130 000	0
Other Income	0	10 000	0	0
Revenue	15 448 000	6 378 000	130 000	0
Cost of Goods Sold	1 581 000	826 000	0	0
Salary Costs	0	0	0	0
Depreciation	4 793 000	795 000	0	0
Impairment	0	0	0	0
Expenditure	12 045 000	2 178 000	181 000	263 000
Operating Profit	3 403 000	4 200 000	−51 000	−263 000
Financial Income	0	0	0	0
Financial Costs	64 000	2 737 000	430 000	173 000
Financial Balance	−64 000	−2 737 000	−430 000	−173 000
Dividends	0	0	0	0
Net Income	3 642 000	414 000	−408 000	−371 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	248 000	0	995 000	922 000
Real Eastate	7 375 000	7 685 000	0	0
Machinery and Plant Facilities	106 851 000	110 826 000	60 782 000	27 371 000
Fixtures	0	0	0	0
Total Tangible Assets	114 226 000	118 511 000	60 782 000	27 371 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	114 474 000	118 511 000	61 777 000	28 293 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	1 222 000	759 000	529 000	637 000
Total Assets	115 696 000	119 270 000	62 306 000	28 930 000
Total Equity	16 574 000	12 932 000	12 518 000	12 926 000
Short-Term Group Debt	90 695 000	95 191 000	88 000	105 000
Total Long-Term Debt	0	54 000	0	0
Creditors	341 000	339 000	572 000	1 339 000
Unpaid Taxes	2 010 000	596 000	94 000	0
Dividends	0	0	0	0
Other Current Debt	6 076 000	10 158 000	49 034 000	14 560 000
Total Current Debt	99 122 000	106 284 000	49 788 000	16 004 000
Total Equity and Debt	115 696 000	119 270 000	62 306 000	28 930 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,97 %	3,2 %	−3,26 %	−2,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22,03 %	65,85 %	−39,23 %	-
Current Ratio	0,01	0,01	0,01	0,04
Quick Ratio	0,01	0,01	0,01	0,04
Equity Ratio	0,14	0,11	0,2	0,45
Gross Profit Margin	89,77 %	87,05 %	100 %	-