SØRLANDET AUTO AS

4847 ARENDAL

Finances

Share Ownership

Return on Equity

0,53 %

Current Ratio

6,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	6 479 000	6 816 000	5 590 000
Net Income	6 000	93 000	838 000
Total Assets	1 344 000	1 543 000	1 450 000
Total Equity	1 137 000	1 131 000	1 038 000

Income (NOK)	2022	2021	2020
Revenue	6 479 000	6 816 000	5 590 000
Expenditure	6 458 000	6 205 000	4 514 000
Operating Profit	21 000	121 000	1 076 000
Financial Income	0	0	0
Financial Costs	9 000	1 000	2 000
Financial Balance	−9 000	−1 000	−2 000
Earnings Before Tax	13 000	120 000	1 074 000
Tax	7 000	26 000	236 000
Net Income	6 000	93 000	838 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	1 344 000	1 543 000	1 450 000
Total Assets	1 344 000	1 543 000	1 450 000
Total Retained Equity	937 000	931 000	838 000
Total Equity	1 137 000	1 131 000	1 038 000
Total Long-Term Debt	0	0	0
Total Current Debt	207 000	412 000	413 000
Total Equity and Debt	1 344 000	1 543 000	1 450 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 357 000	6 796 000	5 590 000
Other Income	122 000	20 000	0
Revenue	6 479 000	6 816 000	5 590 000
Cost of Goods Sold	5 000 000	5 344 000	4 236 000
Salary Costs	859 000	316 000	8 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	6 458 000	6 205 000	4 514 000
Operating Profit	21 000	121 000	1 076 000
Financial Income	0	0	0
Financial Costs	9 000	1 000	2 000
Financial Balance	−9 000	−1 000	−2 000
Dividends	0	0	0
Net Income	6 000	93 000	838 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	556 000	849 000	1 339 000
Total Investments	0	0	0
Cash, Bank	392 000	379 000	77 000
Total Current Assets	1 344 000	1 543 000	1 450 000
Total Assets	1 344 000	1 543 000	1 450 000
Total Equity	1 137 000	1 131 000	1 038 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	24 000	149 000	30 000
Unpaid Taxes	75 000	23 000	0
Dividends	0	0	0
Other Current Debt	101 000	213 000	146 000
Total Current Debt	207 000	412 000	413 000
Total Equity and Debt	1 344 000	1 543 000	1 450 000

Financial indicators	2022	2021	2020
Return on Equity	0,53 %	8,22 %	80,73 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	0,32 %	1,78 %	19,25 %
Current Ratio	6,49	3,75	3,51
Quick Ratio	−3,85	−3,53	−1,57
Equity Ratio	0,85	0,73	0,72
Gross Profit Margin	22,83 %	21,6 %	24,22 %