SOVESTUDIO AS

3217 SANDEFJORD

Finances

Share Ownership

Return on Equity

−37,37 %

Current Ratio

2,6

Debt-to-Equity Ratio

3,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 121 000	3 075 000	2 408 000	2 096 000
Net Income	−71 000	128 000	86 000	13 000
Total Assets	1 223 000	1 225 000	1 279 000	1 125 000
Total Equity	190 000	261 000	133 000	46 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 121 000	3 075 000	2 408 000	2 096 000
Expenditure	2 196 000	2 908 000	2 276 000	2 071 000
Operating Profit	−76 000	167 000	132 000	25 000
Financial Income	3 000	10 000	5 000	10 000
Financial Costs	19 000	13 000	27 000	17 000
Financial Balance	−16 000	−3 000	−22 000	−7 000
Earnings Before Tax	−91 000	164 000	111 000	17 000
Tax	−20 000	36 000	24 000	4 000
Net Income	−71 000	128 000	86 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 000	50 000	86 000	110 000
Total Current Assets	1 154 000	1 176 000	1 194 000	1 015 000
Total Assets	1 223 000	1 225 000	1 279 000	1 125 000
Total Retained Equity	−110 000	−39 000	−167 000	−254 000
Total Equity	190 000	261 000	133 000	46 000
Total Long-Term Debt	589 000	534 000	582 000	597 000
Total Current Debt	444 000	430 000	565 000	482 000
Total Equity and Debt	1 223 000	1 225 000	1 279 000	1 125 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 121 000	3 075 000	2 408 000	2 096 000
Other Income	0	0	0	0
Revenue	2 121 000	3 075 000	2 408 000	2 096 000
Cost of Goods Sold	1 165 000	1 708 000	1 316 000	1 123 000
Salary Costs	559 000	676 000	512 000	446 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 196 000	2 908 000	2 276 000	2 071 000
Operating Profit	−76 000	167 000	132 000	25 000
Financial Income	3 000	10 000	5 000	10 000
Financial Costs	19 000	13 000	27 000	17 000
Financial Balance	−16 000	−3 000	−22 000	−7 000
Dividends	0	0	0	0
Net Income	−71 000	128 000	86 000	13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	69 000	49 000	85 000	110 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	70 000	50 000	86 000	110 000
Stock	1 131 000	1 143 000	1 050 000	1 000 000
Total Investments	0	0	0	0
Cash, Bank	11 000	22 000	23 000	14 000
Total Current Assets	1 154 000	1 176 000	1 194 000	1 015 000
Total Assets	1 223 000	1 225 000	1 279 000	1 125 000
Total Equity	190 000	261 000	133 000	46 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	589 000	534 000	582 000	597 000
Creditors	19 000	116 000	240 000	112 000
Unpaid Taxes	79 000	119 000	99 000	50 000
Dividends	0	0	0	0
Other Current Debt	51 000	62 000	48 000	49 000
Total Current Debt	444 000	430 000	565 000	482 000
Total Equity and Debt	1 223 000	1 225 000	1 279 000	1 125 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,37 %	49,04 %	64,66 %	28,26 %
Debt-to-Equity Ratio	3,1	2,05	4,38	12,98
Operating Profit Margin	−3,58 %	5,43 %	5,48 %	1,19 %
Current Ratio	2,6	2,73	2,11	2,11
Quick Ratio	−1,68	−1,65	−2,46	−1,96
Equity Ratio	0,16	0,21	0,1	0,04
Gross Profit Margin	45,07 %	44,46 %	45,35 %	46,42 %