SØRBØ HOLDING AS

4022 STAVANGER

Finances

Return on Equity

−6,79 %

Current Ratio

422,95

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	41 347 000	139 392 000
Net Income	−22 222 000	42 189 000	43 285 000	136 542 000
Total Assets	331 564 000	349 323 000	321 897 000	294 663 000
Total Equity	327 101 000	349 323 000	318 665 000	285 380 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	41 347 000	139 392 000
Expenditure	2 253 000	1 857 000	45 663 000	141 683 000
Operating Profit	−2 253 000	−1 857 000	−4 317 000	−2 290 000
Financial Income	14 057 000	45 176 000	47 944 000	139 952 000
Financial Costs	33 508 000	1 130 000	10 000	94 000
Financial Balance	−19 451 000	44 046 000	47 934 000	139 858 000
Earnings Before Tax	−21 704 000	42 189 000	43 618 000	137 568 000
Tax	518 000	0	333 000	1 026 000
Net Income	−22 222 000	42 189 000	43 285 000	136 542 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 007 000	8 600 000	351 000	678 000
Total Current Assets	323 557 000	340 723 000	321 546 000	293 985 000
Total Assets	331 564 000	349 323 000	321 897 000	294 663 000
Total Retained Equity	325 651 000	347 873 000	317 215 000	283 930 000
Total Equity	327 101 000	349 323 000	318 665 000	285 380 000
Total Long-Term Debt	3 698 000	0	600 000	0
Total Current Debt	765 000	0	2 632 000	9 283 000
Total Equity and Debt	331 564 000	349 323 000	321 897 000	294 663 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	41 140 000	138 252 000
Other Income	0	0	207 000	1 140 000
Revenue	0	0	41 347 000	139 392 000
Cost of Goods Sold	0	0	45 109 000	130 462 000
Salary Costs	0	0	191 000	3 290 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 253 000	1 857 000	45 663 000	141 683 000
Operating Profit	−2 253 000	−1 857 000	−4 317 000	−2 290 000
Financial Income	14 057 000	45 176 000	47 944 000	139 952 000
Financial Costs	33 508 000	1 130 000	10 000	94 000
Financial Balance	−19 451 000	44 046 000	47 934 000	139 858 000
Dividends	0	6 000 000	0	0
Net Income	−22 222 000	42 189 000	43 285 000	136 542 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	351 000	678 000
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	8 007 000	8 600 000	0	0
Total Fixed Assets	8 007 000	8 600 000	351 000	678 000
Stock	0	0	34 000	32 051 000
Total Investments	297 680 000	314 475 000	212 507 000	145 860 000
Cash, Bank	25 877 000	26 249 000	103 731 000	114 934 000
Total Current Assets	323 557 000	340 723 000	321 546 000	293 985 000
Total Assets	331 564 000	349 323 000	321 897 000	294 663 000
Total Equity	327 101 000	349 323 000	318 665 000	285 380 000
Short-Term Group Debt	653 000	0	0	0
Total Long-Term Debt	3 698 000	0	600 000	0
Creditors	0	0	0	5 584 000
Unpaid Taxes	0	0	4 000	51 000
Dividends	0	6 000 000	0	0
Other Current Debt	0	0	1 643 000	2 777 000
Total Current Debt	765 000	0	2 632 000	9 283 000
Total Equity and Debt	331 564 000	349 323 000	321 897 000	294 663 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,79 %	12,08 %	13,58 %	47,85 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	-	-	−10,44 %	−1,64 %
Current Ratio	422,95	-	122,17	31,67
Quick Ratio	422,95	-	123,77	−12,91
Equity Ratio	0,99	1	0,99	0,97
Gross Profit Margin	-	-	−9,1 %	6,41 %