SOUTHERN CROSS AS

4008 STAVANGER

Finances

Return on Equity

−11,75 %

Current Ratio

0,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 747 000	1 741 000	1 446 000	1 249 000
Net Income	−980 000	1 396 000	−297 000	−848 000
Total Assets	10 386 000	11 977 000	11 961 000	12 584 000
Total Equity	8 337 000	9 572 000	8 602 000	9 148 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 747 000	1 741 000	1 446 000	1 249 000
Expenditure	1 483 000	1 556 000	2 110 000	1 865 000
Operating Profit	263 000	185 000	−664 000	−616 000
Financial Income	81 000	1 212 000	397 000	660 000
Financial Costs	1 324 000	2 000	30 000	892 000
Financial Balance	−1 243 000	1 210 000	367 000	−232 000
Earnings Before Tax	−980 000	1 396 000	−297 000	−848 000
Tax	0	0	0	0
Net Income	−980 000	1 396 000	−297 000	−848 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 252 000	10 686 000	10 784 000	10 945 000
Total Current Assets	1 134 000	1 291 000	1 177 000	1 639 000
Total Assets	10 386 000	11 977 000	11 961 000	12 584 000
Total Retained Equity	8 237 000	9 472 000	8 502 000	9 048 000
Total Equity	8 337 000	9 572 000	8 602 000	9 148 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 049 000	2 405 000	3 360 000	3 436 000
Total Equity and Debt	10 386 000	11 977 000	11 961 000	12 584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 723 000	1 701 000	1 411 000	1 219 000
Other Income	24 000	40 000	35 000	30 000
Revenue	1 747 000	1 741 000	1 446 000	1 249 000
Cost of Goods Sold	0	0	0	0
Salary Costs	744 000	755 000	743 000	763 000
Depreciation	297 000	301 000	325 000	325 000
Impairment	0	0	0	0
Expenditure	1 483 000	1 556 000	2 110 000	1 865 000
Operating Profit	263 000	185 000	−664 000	−616 000
Financial Income	81 000	1 212 000	397 000	660 000
Financial Costs	1 324 000	2 000	30 000	892 000
Financial Balance	−1 243 000	1 210 000	367 000	−232 000
Dividends	255 000	425 000	0	3 100 000
Net Income	−980 000	1 396 000	−297 000	−848 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 292 000	6 590 000	6 887 000	7 184 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	15 000	19 000	52 000
Total Tangible Assets	6 307 000	6 605 000	6 905 000	7 236 000
Total Fiancial Fixed Assets	2 945 000	4 081 000	3 878 000	3 709 000
Total Fixed Assets	9 252 000	10 686 000	10 784 000	10 945 000
Stock	0	0	0	0
Total Investments	65 000	784 000	605 000	937 000
Cash, Bank	727 000	200 000	258 000	346 000
Total Current Assets	1 134 000	1 291 000	1 177 000	1 639 000
Total Assets	10 386 000	11 977 000	11 961 000	12 584 000
Total Equity	8 337 000	9 572 000	8 602 000	9 148 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	28 000	40 000	204 000	244 000
Unpaid Taxes	62 000	63 000	68 000	58 000
Dividends	255 000	425 000	0	3 100 000
Other Current Debt	1 705 000	2 303 000	2 138 000	2 434 000
Total Current Debt	2 049 000	2 405 000	3 360 000	3 436 000
Total Equity and Debt	10 386 000	11 977 000	11 961 000	12 584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,75 %	14,58 %	−3,45 %	−9,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,05 %	10,63 %	−45,92 %	−49,32 %
Current Ratio	0,55	0,54	0,35	0,48
Quick Ratio	0,55	0,54	0,35	0,48
Equity Ratio	0,8	0,8	0,72	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %