SØRHUS AS

5576 ØVRE VATS

Finances

Share Ownership

Return on Equity

−1,66 %

Current Ratio

3,5

Debt-to-Equity Ratio

2,3

Key figures (NOK)	2022	2021	2020
Revenue	31 405 000	37 782 000	42 497 000
Net Income	−70 000	389 000	585 000
Total Assets	16 789 000	14 112 000	17 205 000
Total Equity	4 218 000	4 288 000	3 899 000

Income (NOK)	2022	2021	2020
Revenue	31 405 000	37 782 000	42 497 000
Expenditure	31 307 000	37 399 000	41 544 000
Operating Profit	98 000	383 000	952 000
Financial Income	316 000	420 000	220 000
Financial Costs	253 000	236 000	288 000
Financial Balance	63 000	184 000	−68 000
Earnings Before Tax	161 000	568 000	885 000
Tax	231 000	178 000	300 000
Net Income	−70 000	389 000	585 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	6 711 000	6 296 000	6 685 000
Total Current Assets	10 077 000	7 816 000	10 520 000
Total Assets	16 789 000	14 112 000	17 205 000
Total Retained Equity	904 000	974 000	585 000
Total Equity	4 218 000	4 288 000	3 899 000
Total Long-Term Debt	9 687 000	7 595 000	8 285 000
Total Current Debt	2 883 000	2 228 000	5 021 000
Total Equity and Debt	16 789 000	14 112 000	17 205 000

Cash flow (NOK)	2022	2021	2020
Sales Income	30 884 000	37 573 000	42 497 000
Other Income	521 000	209 000	0
Revenue	31 405 000	37 782 000	42 497 000
Cost of Goods Sold	22 846 000	28 222 000	31 225 000
Salary Costs	2 390 000	3 618 000	4 861 000
Depreciation	709 000	723 000	718 000
Impairment	0	0	0
Expenditure	31 307 000	37 399 000	41 544 000
Operating Profit	98 000	383 000	952 000
Financial Income	316 000	420 000	220 000
Financial Costs	253 000	236 000	288 000
Financial Balance	63 000	184 000	−68 000
Dividends	0	0	0
Net Income	−70 000	389 000	585 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	5 979 000	5 608 000	5 888 000
Machinery and Plant Facilities	0	0	0
Fixtures	732 000	688 000	797 000
Total Tangible Assets	6 711 000	6 296 000	6 685 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	6 711 000	6 296 000	6 685 000
Stock	4 258 000	2 912 000	3 287 000
Total Investments	0	0	0
Cash, Bank	146 000	911 000	199 000
Total Current Assets	10 077 000	7 816 000	10 520 000
Total Assets	16 789 000	14 112 000	17 205 000
Total Equity	4 218 000	4 288 000	3 899 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	9 687 000	7 595 000	8 285 000
Creditors	1 679 000	1 012 000	1 995 000
Unpaid Taxes	552 000	219 000	708 000
Dividends	0	0	0
Other Current Debt	421 000	819 000	1 007 000
Total Current Debt	2 883 000	2 228 000	5 021 000
Total Equity and Debt	16 789 000	14 112 000	17 205 000

Financial indicators	2022	2021	2020
Return on Equity	−1,66 %	9,07 %	15 %
Debt-to-Equity Ratio	2,3	1,77	2,12
Operating Profit Margin	0,31 %	1,01 %	2,24 %
Current Ratio	3,5	3,51	2,1
Quick Ratio	−7,33	−11,43	6,07
Equity Ratio	0,25	0,3	0,23
Gross Profit Margin	27,25 %	25,3 %	26,52 %