SØRHYTTA AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

51,84 %

Current Ratio

1,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 799 000	10 895 000	3 243 000	1 262 000
Net Income	747 000	431 000	77 000	87 000
Total Assets	3 027 000	4 354 000	1 400 000	568 000
Total Equity	1 441 000	694 000	263 000	187 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 799 000	10 895 000	3 243 000	1 262 000
Expenditure	8 836 000	10 339 000	3 141 000	1 154 000
Operating Profit	963 000	555 000	102 000	108 000
Financial Income	0	0	0	0
Financial Costs	4 000	2 000	3 000	0
Financial Balance	−4 000	−2 000	−3 000	0
Earnings Before Tax	959 000	554 000	99 000	108 000
Tax	212 000	123 000	22 000	22 000
Net Income	747 000	431 000	77 000	87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	7 000	16 000	25 000
Total Current Assets	3 027 000	4 347 000	1 384 000	543 000
Total Assets	3 027 000	4 354 000	1 400 000	568 000
Total Retained Equity	1 341 000	594 000	163 000	87 000
Total Equity	1 441 000	694 000	263 000	187 000
Total Long-Term Debt	0	0	0	100 000
Total Current Debt	1 586 000	3 660 000	1 136 000	281 000
Total Equity and Debt	3 027 000	4 354 000	1 400 000	568 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 799 000	10 895 000	3 243 000	1 262 000
Other Income	0	0	0	0
Revenue	9 799 000	10 895 000	3 243 000	1 262 000
Cost of Goods Sold	8 400 000	9 992 000	2 940 000	631 000
Salary Costs	0	0	13 000	446 000
Depreciation	7 000	9 000	9 000	5 000
Impairment	0	0	0	0
Expenditure	8 836 000	10 339 000	3 141 000	1 154 000
Operating Profit	963 000	555 000	102 000	108 000
Financial Income	0	0	0	0
Financial Costs	4 000	2 000	3 000	0
Financial Balance	−4 000	−2 000	−3 000	0
Dividends	0	0	0	0
Net Income	747 000	431 000	77 000	87 000

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	7 000	16 000	25 000
Fixtures	0	0	0	0
Total Tangible Assets	0	7 000	16 000	25 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	7 000	16 000	25 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 460 000	3 215 000	1 159 000	543 000
Total Current Assets	3 027 000	4 347 000	1 384 000	543 000
Total Assets	3 027 000	4 354 000	1 400 000	568 000
Total Equity	1 441 000	694 000	263 000	187 000
Short-Term Group Debt	0	20 000	20 000	0
Total Long-Term Debt	0	0	0	100 000
Creditors	1 250 000	3 062 000	1 028 000	8 000
Unpaid Taxes	0	0	66 000	182 000
Dividends	0	0	0	0
Other Current Debt	124 000	456 000	0	70 000
Total Current Debt	1 586 000	3 660 000	1 136 000	281 000
Total Equity and Debt	3 027 000	4 354 000	1 400 000	568 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,84 %	62,1 %	29,28 %	46,52 %
Debt-to-Equity Ratio	0	0	0	0,53
Operating Profit Margin	9,83 %	5,09 %	3,15 %	8,56 %
Current Ratio	1,91	1,19	1,22	1,93
Quick Ratio	1,91	1,19	1,22	1,93
Equity Ratio	0,48	0,16	0,19	0,33
Gross Profit Margin	14,28 %	8,29 %	9,34 %	50 %