SØBSTADVEGEN 19A AS

7079 FLATÅSEN

Finances

Share Ownership

Return on Equity

−473,47 %

Current Ratio

11,32

Debt-to-Equity Ratio

−156,5

Key figures (NOK)	2022	2021	2020
Revenue	605 000	463 000	60 000
Net Income	464 000	−485 000	−107 000
Total Assets	15 391 000	14 101 000	14 045 000
Total Equity	−98 000	−562 000	−77 000

Income (NOK)	2022	2021	2020
Revenue	605 000	463 000	60 000
Expenditure	−550 000	694 000	75 000
Operating Profit	1 156 000	−232 000	−15 000
Financial Income	2 000	1 000	1 000
Financial Costs	563 000	392 000	122 000
Financial Balance	−561 000	−391 000	−121 000
Earnings Before Tax	595 000	−622 000	−137 000
Tax	131 000	−137 000	−30 000
Net Income	464 000	−485 000	−107 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	13 670 000	13 823 000	13 687 000
Total Current Assets	1 721 000	278 000	358 000
Total Assets	15 391 000	14 101 000	14 045 000
Total Retained Equity	−128 000	−592 000	−107 000
Total Equity	−98 000	−562 000	−77 000
Total Long-Term Debt	15 337 000	14 278 000	14 022 000
Total Current Debt	152 000	385 000	100 000
Total Equity and Debt	15 391 000	14 101 000	14 045 000

Cash flow (NOK)	2022	2021	2020
Sales Income	387 000	260 000	60 000
Other Income	219 000	203 000	0
Revenue	605 000	463 000	60 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	23 000	0	0
Impairment	0	0	0
Expenditure	−550 000	694 000	75 000
Operating Profit	1 156 000	−232 000	−15 000
Financial Income	2 000	1 000	1 000
Financial Costs	563 000	392 000	122 000
Financial Balance	−561 000	−391 000	−121 000
Dividends	0	0	0
Net Income	464 000	−485 000	−107 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	36 000	167 000	30 000
Real Eastate	13 634 000	13 634 000	13 634 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	23 000	23 000
Total Tangible Assets	13 634 000	13 656 000	13 656 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	13 670 000	13 823 000	13 687 000
Stock	1 481 000	66 000	66 000
Total Investments	0	0	0
Cash, Bank	209 000	156 000	244 000
Total Current Assets	1 721 000	278 000	358 000
Total Assets	15 391 000	14 101 000	14 045 000
Total Equity	−98 000	−562 000	−77 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	15 337 000	14 278 000	14 022 000
Creditors	136 000	339 000	55 000
Unpaid Taxes	15 000	15 000	15 000
Dividends	0	0	0
Other Current Debt	0	30 000	30 000
Total Current Debt	152 000	385 000	100 000
Total Equity and Debt	15 391 000	14 101 000	14 045 000

Financial indicators	2022	2021	2020
Return on Equity	−473,47 %	86,3 %	138,96 %
Debt-to-Equity Ratio	−156,5	−25,41	−182,1
Operating Profit Margin	191,07 %	−50,11 %	−25 %
Current Ratio	11,32	0,72	3,58
Quick Ratio	−1,29	0,87	10,53
Equity Ratio	−0,01	−0,04	−0,01
Gross Profit Margin	100 %	100 %	100 %