SØTELIFJELL VANN OG AVLØP AS

3057 SOLBERGELVA

Finances

Share Ownership

Return on Equity

57,46 %

Current Ratio

1,2

Debt-to-Equity Ratio

−4,34

Key figures (NOK)	2022	2021	2020
Revenue	501 000	2 460 000	1 548 000
Net Income	−2 597 000	−1 775 000	−173 000
Total Assets	17 058 000	14 190 000	14 057 000
Total Equity	−4 520 000	−1 923 000	−149 000

Income (NOK)	2022	2021	2020
Revenue	501 000	2 460 000	1 548 000
Expenditure	2 401 000	3 727 000	1 565 000
Operating Profit	−1 900 000	−1 267 000	−17 000
Financial Income	0	0	0
Financial Costs	697 000	508 000	156 000
Financial Balance	−697 000	−508 000	−156 000
Earnings Before Tax	−2 597 000	−1 775 000	−173 000
Tax	0	0	0
Net Income	−2 597 000	−1 775 000	−173 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	14 706 000	767 000	0
Total Current Assets	2 353 000	13 423 000	14 057 000
Total Assets	17 058 000	14 190 000	14 057 000
Total Retained Equity	−4 544 000	−1 948 000	−173 000
Total Equity	−4 520 000	−1 923 000	−149 000
Total Long-Term Debt	19 611 000	14 954 000	12 500 000
Total Current Debt	1 968 000	1 160 000	1 705 000
Total Equity and Debt	17 058 000	14 190 000	14 057 000

Cash flow (NOK)	2022	2021	2020
Sales Income	501 000	2 435 000	1 548 000
Other Income	0	25 000	0
Revenue	501 000	2 460 000	1 548 000
Cost of Goods Sold	330 000	2 173 000	1 231 000
Salary Costs	762 000	982 000	0
Depreciation	763 000	115 000	0
Impairment	0	0	0
Expenditure	2 401 000	3 727 000	1 565 000
Operating Profit	−1 900 000	−1 267 000	−17 000
Financial Income	0	0	0
Financial Costs	697 000	508 000	156 000
Financial Balance	−697 000	−508 000	−156 000
Dividends	0	0	0
Net Income	−2 597 000	−1 775 000	−173 000

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	370 000	478 000	0
Fixtures	14 336 000	290 000	0
Total Tangible Assets	14 706 000	767 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	14 706 000	767 000	0
Stock	0	12 586 000	11 972 000
Total Investments	0	0	0
Cash, Bank	1 666 000	84 000	652 000
Total Current Assets	2 353 000	13 423 000	14 057 000
Total Assets	17 058 000	14 190 000	14 057 000
Total Equity	−4 520 000	−1 923 000	−149 000
Short-Term Group Debt	670 000	750 000	295 000
Total Long-Term Debt	19 611 000	14 954 000	12 500 000
Creditors	960 000	151 000	1 206 000
Unpaid Taxes	41 000	52 000	0
Dividends	0	0	0
Other Current Debt	297 000	207 000	205 000
Total Current Debt	1 968 000	1 160 000	1 705 000
Total Equity and Debt	17 058 000	14 190 000	14 057 000

Financial indicators	2022	2021	2020
Return on Equity	57,46 %	92,3 %	116,11 %
Debt-to-Equity Ratio	−4,34	−7,78	−83,89
Operating Profit Margin	−379,24 %	−51,5 %	−1,1 %
Current Ratio	1,2	11,57	8,24
Quick Ratio	1,2	−1,17	−1,37
Equity Ratio	−0,26	−0,14	−0,01
Gross Profit Margin	34,13 %	11,67 %	20,48 %