SJØTHUN SERVICE AS

6887 LÆRDAL

Finances

Share Ownership

Return on Equity

1 238,64 %

Current Ratio

1,13

Debt-to-Equity Ratio

−133,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 733 000	2 369 000	2 688 000	2 587 000
Net Income	−545 000	242 000	324 000	130 000
Total Assets	5 975 000	5 747 000	10 946 000	11 214 000
Total Equity	−44 000	746 000	1 154 000	1 030 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 733 000	2 369 000	2 688 000	2 587 000
Expenditure	2 022 000	1 790 000	1 858 000	1 971 000
Operating Profit	−288 000	579 000	830 000	615 000
Financial Income	1 000	0	0	0
Financial Costs	297 000	268 000	414 000	459 000
Financial Balance	−296 000	−268 000	−414 000	−459 000
Earnings Before Tax	−584 000	310 000	416 000	156 000
Tax	−39 000	68 000	91 000	26 000
Net Income	−545 000	242 000	324 000	130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 831 000	4 202 000	10 793 000	10 869 000
Total Current Assets	144 000	1 545 000	153 000	345 000
Total Assets	5 975 000	5 747 000	10 946 000	11 214 000
Total Retained Equity	−544 000	246 000	654 000	530 000
Total Equity	−44 000	746 000	1 154 000	1 030 000
Total Long-Term Debt	5 892 000	4 689 000	9 084 000	9 284 000
Total Current Debt	127 000	312 000	707 000	900 000
Total Equity and Debt	5 975 000	5 747 000	10 946 000	11 214 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 078 000	877 000	1 641 000	1 557 000
Other Income	655 000	1 492 000	1 048 000	1 030 000
Revenue	1 733 000	2 369 000	2 688 000	2 587 000
Cost of Goods Sold	457 000	399 000	307 000	82 000
Salary Costs	671 000	670 000	595 000	1 049 000
Depreciation	61 000	81 000	76 000	65 000
Impairment	0	0	0	0
Expenditure	2 022 000	1 790 000	1 858 000	1 971 000
Operating Profit	−288 000	579 000	830 000	615 000
Financial Income	1 000	0	0	0
Financial Costs	297 000	268 000	414 000	459 000
Financial Balance	−296 000	−268 000	−414 000	−459 000
Dividends	0	0	200 000	100 000
Net Income	−545 000	242 000	324 000	130 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 775 000	4 086 000	10 596 000	10 596 000
Machinery and Plant Facilities	28 000	77 000	126 000	175 000
Fixtures	23 000	34 000	66 000	93 000
Total Tangible Assets	5 826 000	4 197 000	10 788 000	10 864 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	5 831 000	4 202 000	10 793 000	10 869 000
Stock	0	84 000	0	0
Total Investments	0	0	0	0
Cash, Bank	96 000	1 413 000	65 000	66 000
Total Current Assets	144 000	1 545 000	153 000	345 000
Total Assets	5 975 000	5 747 000	10 946 000	11 214 000
Total Equity	−44 000	746 000	1 154 000	1 030 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 892 000	4 689 000	9 084 000	9 284 000
Creditors	10 000	19 000	60 000	88 000
Unpaid Taxes	33 000	89 000	204 000	187 000
Dividends	0	0	200 000	100 000
Other Current Debt	84 000	115 000	156 000	234 000
Total Current Debt	127 000	312 000	707 000	900 000
Total Equity and Debt	5 975 000	5 747 000	10 946 000	11 214 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 238,64 %	32,44 %	28,08 %	12,62 %
Debt-to-Equity Ratio	−133,91	6,29	7,87	9,01
Operating Profit Margin	−16,62 %	24,44 %	30,88 %	23,77 %
Current Ratio	1,13	4,95	0,22	0,38
Quick Ratio	1,13	6,78	0,22	0,38
Equity Ratio	−0,01	0,13	0,11	0,09
Gross Profit Margin	73,63 %	83,16 %	88,58 %	96,83 %