SØRLANDSHYTTA AS

4580 LYNGDAL

Finances

Return on Equity

−9,13 %

Current Ratio

1,48

Debt-to-Equity Ratio

1,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	2 440 000	1 530 000	2 817 000
Net Income	−192 000	−481 000	−553 000	−441 000
Total Assets	10 345 000	9 585 000	8 454 000	12 721 000
Total Equity	2 104 000	2 076 000	1 926 000	2 036 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	2 440 000	1 530 000	2 817 000
Expenditure	22 000	129 000	62 000	628 000
Operating Profit	−22 000	−516 000	−436 000	−184 000
Financial Income	29 000	0	0	2 000
Financial Costs	260 000	100 000	273 000	383 000
Financial Balance	−231 000	−100 000	−273 000	−381 000
Earnings Before Tax	−254 000	−616 000	−709 000	−566 000
Tax	−62 000	−136 000	−156 000	−124 000
Net Income	−192 000	−481 000	−553 000	−441 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 293 000	3 088 000	2 589 000	3 706 000
Total Current Assets	7 052 000	6 497 000	5 865 000	10 124 000
Total Assets	10 345 000	9 585 000	8 454 000	12 721 000
Total Retained Equity	29 000	0	0	0
Total Equity	2 104 000	2 076 000	1 926 000	2 036 000
Total Long-Term Debt	3 459 000	1 268 000	1 568 000	5 460 000
Total Current Debt	4 781 000	6 241 000	4 960 000	5 225 000
Total Equity and Debt	10 345 000	9 585 000	8 454 000	12 721 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	2 440 000	1 530 000	2 790 000
Other Income	0	0	0	27 000
Revenue	0	2 440 000	1 530 000	2 817 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	22 000	129 000	62 000	628 000
Operating Profit	−22 000	−516 000	−436 000	−184 000
Financial Income	29 000	0	0	2 000
Financial Costs	260 000	100 000	273 000	383 000
Financial Balance	−231 000	−100 000	−273 000	−381 000
Dividends	0	0	0	0
Net Income	−192 000	−481 000	−553 000	−441 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	31 000	0
Real Eastate	1 000 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 000 000	0	0	0
Total Fiancial Fixed Assets	2 293 000	3 089 000	2 558 000	2 043 000
Total Fixed Assets	3 293 000	3 088 000	2 589 000	3 706 000
Stock	3 749 000	3 718 000	5 104 000	7 093 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	7 052 000	6 497 000	5 865 000	10 124 000
Total Assets	10 345 000	9 585 000	8 454 000	12 721 000
Total Equity	2 104 000	2 076 000	1 926 000	2 036 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 459 000	1 268 000	1 568 000	5 460 000
Creditors	6 000	30 000	0	180 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 775 000	6 211 000	4 960 000	5 045 000
Total Current Debt	4 781 000	6 241 000	4 960 000	5 225 000
Total Equity and Debt	10 345 000	9 585 000	8 454 000	12 721 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,13 %	−23,17 %	−28,71 %	−21,66 %
Debt-to-Equity Ratio	1,64	0,61	0,81	2,68
Operating Profit Margin	-	−21,15 %	−28,5 %	−6,53 %
Current Ratio	1,48	1,04	1,18	1,94
Quick Ratio	6,83	2,58	−40,73	−5,42
Equity Ratio	0,2	0,22	0,23	0,16
Gross Profit Margin	-	100 %	100 %	100 %