SØRHEIM TRANSPORT AS

5590 ETNE

Finances

Share Ownership

Return on Equity

82,91 %

Current Ratio

0,9

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	8 480 000	5 860 000	0
Net Income	−131 000	−37 000	−20 000
Total Assets	1 518 000	1 358 000	30 000
Total Equity	−158 000	−37 000	0

Income (NOK)	2022	2021	2020
Revenue	8 480 000	5 860 000	0
Expenditure	8 612 000	5 897 000	20 000
Operating Profit	−131 000	−37 000	−20 000
Financial Income	1 000	0	0
Financial Costs	2 000	1 000	0
Financial Balance	−1 000	−1 000	0
Earnings Before Tax	−131 000	−37 000	−20 000
Tax	0	0	0
Net Income	−131 000	−37 000	−20 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	7 000	14 000	0
Total Current Assets	1 511 000	1 344 000	30 000
Total Assets	1 518 000	1 358 000	30 000
Total Retained Equity	−188 000	−57 000	−20 000
Total Equity	−158 000	−37 000	0
Total Long-Term Debt	0	0	0
Total Current Debt	1 676 000	1 395 000	30 000
Total Equity and Debt	1 518 000	1 358 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	8 480 000	5 860 000	0
Other Income	0	0	0
Revenue	8 480 000	5 860 000	0
Cost of Goods Sold	4 265 000	2 607 000	0
Salary Costs	900 000	702 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	8 612 000	5 897 000	20 000
Operating Profit	−131 000	−37 000	−20 000
Financial Income	1 000	0	0
Financial Costs	2 000	1 000	0
Financial Balance	−1 000	−1 000	0
Dividends	0	0	0
Net Income	−131 000	−37 000	−20 000

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	7 000	14 000	0
Total Fixed Assets	7 000	14 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 029 000	280 000	30 000
Total Current Assets	1 511 000	1 344 000	30 000
Total Assets	1 518 000	1 358 000	30 000
Total Equity	−158 000	−37 000	0
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	1 151 000	756 000	20 000
Unpaid Taxes	−66 000	160 000	0
Dividends	0	0	0
Other Current Debt	591 000	479 000	9 000
Total Current Debt	1 676 000	1 395 000	30 000
Total Equity and Debt	1 518 000	1 358 000	30 000

Financial indicators	2022	2021	2020
Return on Equity	82,91 %	100 %	-
Debt-to-Equity Ratio	−0	−0	-
Operating Profit Margin	−1,54 %	−0,63 %	-
Current Ratio	0,9	0,96	1
Quick Ratio	0,9	0,96	1
Equity Ratio	−0,1	−0,03	0
Gross Profit Margin	49,71 %	55,51 %	-