SØRINVEST AS

9008 TROMSØ

Finances

Return on Equity

−2,7 %

Current Ratio

537,5

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	168 000	230 000	168 000	233 000
Net Income	−396 000	409 000	−4 563 000	700 000
Total Assets	19 011 000	19 577 000	19 959 000	25 578 000
Total Equity	14 685 000	15 249 000	15 634 000	21 233 000

Income (NOK)	2022	2021	2020	2019
Revenue	168 000	230 000	168 000	233 000
Expenditure	107 000	131 000	123 000	182 000
Operating Profit	60 000	99 000	45 000	50 000
Financial Income	770 000	538 000	1 823 000	2 237 000
Financial Costs	1 227 000	228 000	6 189 000	1 477 000
Financial Balance	−457 000	310 000	−4 366 000	760 000
Earnings Before Tax	−396 000	409 000	−4 321 000	810 000
Tax	0	0	242 000	110 000
Net Income	−396 000	409 000	−4 563 000	700 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 787 000	15 738 000	15 775 000	16 003 000
Total Current Assets	3 225 000	3 839 000	4 184 000	9 574 000
Total Assets	19 011 000	19 577 000	19 959 000	25 578 000
Total Retained Equity	14 575 000	15 139 000	15 524 000	21 123 000
Total Equity	14 685 000	15 249 000	15 634 000	21 233 000
Total Long-Term Debt	4 320 000	3 090 000	3 090 000	3 090 000
Total Current Debt	6 000	1 239 000	1 235 000	1 255 000
Total Equity and Debt	19 011 000	19 577 000	19 959 000	25 578 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	62 000	0	65 000
Other Income	168 000	168 000	168 000	168 000
Revenue	168 000	230 000	168 000	233 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	7 000	7 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	107 000	131 000	123 000	182 000
Operating Profit	60 000	99 000	45 000	50 000
Financial Income	770 000	538 000	1 823 000	2 237 000
Financial Costs	1 227 000	228 000	6 189 000	1 477 000
Financial Balance	−457 000	310 000	−4 366 000	760 000
Dividends	0	0	0	0
Net Income	−396 000	409 000	−4 563 000	700 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	242 000
Real Eastate	5 182 000	5 182 000	5 182 000	5 182 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	36 000	43 000	50 000
Total Tangible Assets	5 210 000	5 217 000	5 224 000	5 232 000
Total Fiancial Fixed Assets	10 577 000	10 521 000	10 550 000	10 529 000
Total Fixed Assets	15 787 000	15 738 000	15 775 000	16 003 000
Stock	0	0	0	0
Total Investments	721 000	1 661 000	2 581 000	2 865 000
Cash, Bank	2 248 000	2 177 000	1 563 000	6 193 000
Total Current Assets	3 225 000	3 839 000	4 184 000	9 574 000
Total Assets	19 011 000	19 577 000	19 959 000	25 578 000
Total Equity	14 685 000	15 249 000	15 634 000	21 233 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 320 000	3 090 000	3 090 000	3 090 000
Creditors	6 000	3 000	−1 000	3 000
Unpaid Taxes	0	0	0	15 000
Dividends	0	0	0	0
Other Current Debt	0	1 236 000	1 235 000	1 237 000
Total Current Debt	6 000	1 239 000	1 235 000	1 255 000
Total Equity and Debt	19 011 000	19 577 000	19 959 000	25 578 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,7 %	2,68 %	−29,19 %	3,3 %
Debt-to-Equity Ratio	0,29	0,2	0,2	0,15
Operating Profit Margin	35,71 %	43,04 %	26,79 %	21,46 %
Current Ratio	537,5	3,1	3,39	7,63
Quick Ratio	537,5	3,1	3,39	7,63
Equity Ratio	0,77	0,78	0,78	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %