SØRENSTUVEGEN 11 AS

1394 NESBRU

Finances

Share Ownership

Return on Equity

−31,78 %

Current Ratio

Debt-to-Equity Ratio

6,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 308 000	−45 000	105 000	18 000
Net Income	−573 000	−332 000	−103 000	−189 000
Total Assets	14 210 000	17 399 000	8 039 000	7 093 000
Total Equity	1 803 000	2 376 000	2 708 000	−159 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 308 000	−45 000	105 000	18 000
Expenditure	6 762 000	162 000	89 000	186 000
Operating Profit	−454 000	−207 000	16 000	−168 000
Financial Income	11 000	8 000	0	0
Financial Costs	291 000	226 000	149 000	74 000
Financial Balance	−280 000	−218 000	−149 000	−74 000
Earnings Before Tax	−734 000	−425 000	−133 000	−242 000
Tax	−162 000	−94 000	−29 000	−53 000
Net Income	−573 000	−332 000	−103 000	−189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 207 000	15 527 000	7 878 000	7 081 000
Total Current Assets	2 000	1 872 000	161 000	12 000
Total Assets	14 210 000	17 399 000	8 039 000	7 093 000
Total Retained Equity	−875 000	−302 000	29 000	−189 000
Total Equity	1 803 000	2 376 000	2 708 000	−159 000
Total Long-Term Debt	11 920 000	12 975 000	0	0
Total Current Debt	487 000	2 048 000	5 331 000	7 252 000
Total Equity and Debt	14 210 000	17 399 000	8 039 000	7 093 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 338 000	0	0	0
Other Income	−30 000	−45 000	105 000	18 000
Revenue	6 308 000	−45 000	105 000	18 000
Cost of Goods Sold	6 391 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 762 000	162 000	89 000	186 000
Operating Profit	−454 000	−207 000	16 000	−168 000
Financial Income	11 000	8 000	0	0
Financial Costs	291 000	226 000	149 000	74 000
Financial Balance	−280 000	−218 000	−149 000	−74 000
Dividends	0	0	0	0
Net Income	−573 000	−332 000	−103 000	−189 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	338 000	176 000	82 000	53 000
Real Eastate	13 870 000	15 160 000	7 624 000	7 028 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 870 000	15 160 000	7 624 000	7 028 000
Total Fiancial Fixed Assets	0	191 000	171 000	0
Total Fixed Assets	14 207 000	15 527 000	7 878 000	7 081 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	1 714 000	56 000	2 000
Total Current Assets	2 000	1 872 000	161 000	12 000
Total Assets	14 210 000	17 399 000	8 039 000	7 093 000
Total Equity	1 803 000	2 376 000	2 708 000	−159 000
Short-Term Group Debt	0	0	5 321 000	7 121 000
Total Long-Term Debt	11 920 000	12 975 000	0	0
Creditors	487 000	2 048 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	10 000	131 000
Total Current Debt	487 000	2 048 000	5 331 000	7 252 000
Total Equity and Debt	14 210 000	17 399 000	8 039 000	7 093 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,78 %	−13,97 %	−3,8 %	118,87 %
Debt-to-Equity Ratio	6,61	5,46	0	−0
Operating Profit Margin	−7,2 %	460 %	15,24 %	−933,33 %
Current Ratio	0	0,91	0,03	0
Quick Ratio	0	0,91	0,03	0
Equity Ratio	0,13	0,14	0,34	−0,02
Gross Profit Margin	−1,32 %	100 %	100 %	100 %