SØRVÆR FISKERISELSKAP AS

9595 SØRVÆR

Finances

Return on Equity

59,88 %

Current Ratio

3,02

Debt-to-Equity Ratio

1,4

Key figures (NOK)	2022	2021	2020
Revenue	1 468 000	1 003 000	54 000
Net Income	576 000	345 000	−59 000
Total Assets	2 632 000	1 269 000	1 333 000
Total Equity	962 000	386 000	41 000

Income (NOK)	2022	2021	2020
Revenue	1 468 000	1 003 000	54 000
Expenditure	667 000	539 000	85 000
Operating Profit	801 000	463 000	−31 000
Financial Income	7 000	0	0
Financial Costs	70 000	37 000	28 000
Financial Balance	−63 000	−37 000	−28 000
Earnings Before Tax	738 000	426 000	−59 000
Tax	162 000	81 000	0
Net Income	576 000	345 000	−59 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 655 000	0	995 000
Total Current Assets	977 000	1 269 000	338 000
Total Assets	2 632 000	1 269 000	1 333 000
Total Retained Equity	862 000	286 000	−59 000
Total Equity	962 000	386 000	41 000
Total Long-Term Debt	1 347 000	357 000	1 280 000
Total Current Debt	323 000	525 000	12 000
Total Equity and Debt	2 632 000	1 269 000	1 333 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 499 000	868 000	51 000
Other Income	−31 000	135 000	3 000
Revenue	1 468 000	1 003 000	54 000
Cost of Goods Sold	3 000	0	0
Salary Costs	154 000	184 000	11 000
Depreciation	75 000	38 000	13 000
Impairment	0	0	0
Expenditure	667 000	539 000	85 000
Operating Profit	801 000	463 000	−31 000
Financial Income	7 000	0	0
Financial Costs	70 000	37 000	28 000
Financial Balance	−63 000	−37 000	−28 000
Dividends	0	0	0
Net Income	576 000	345 000	−59 000

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	97 000	0	0
Total Tangible Assets	1 630 000	0	995 000
Total Fiancial Fixed Assets	25 000	0	0
Total Fixed Assets	1 655 000	0	995 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	957 000	1 267 000	69 000
Total Current Assets	977 000	1 269 000	338 000
Total Assets	2 632 000	1 269 000	1 333 000
Total Equity	962 000	386 000	41 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 347 000	357 000	1 280 000
Creditors	74 000	4 000	5 000
Unpaid Taxes	89 000	358 000	4 000
Dividends	0	0	0
Other Current Debt	26 000	124 000	4 000
Total Current Debt	323 000	525 000	12 000
Total Equity and Debt	2 632 000	1 269 000	1 333 000

Financial indicators	2022	2021	2020
Return on Equity	59,88 %	89,38 %	−143,9 %
Debt-to-Equity Ratio	1,4	0,92	31,22
Operating Profit Margin	54,56 %	46,16 %	−57,41 %
Current Ratio	3,02	2,42	28,17
Quick Ratio	3,02	2,42	28,17
Equity Ratio	0,37	0,3	0,03
Gross Profit Margin	99,8 %	100 %	100 %