SUNNMØRE GOLF AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

−28,18 %

Current Ratio

2,11

Debt-to-Equity Ratio

13,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	375 000	321 000	276 000	276 000
Net Income	−31 000	−102 000	−144 000	−75 000
Total Assets	1 658 000	2 050 000	2 151 000	2 194 000
Total Equity	110 000	141 000	243 000	386 000

Income (NOK)	2022	2021	2020	2019
Revenue	375 000	321 000	276 000	276 000
Expenditure	365 000	356 000	339 000	269 000
Operating Profit	11 000	−35 000	−63 000	7 000
Financial Income	42 000	0	0	1 000
Financial Costs	84 000	66 000	81 000	83 000
Financial Balance	−42 000	−66 000	−81 000	−82 000
Earnings Before Tax	−31 000	−102 000	−144 000	−75 000
Tax	0	0	0	0
Net Income	−31 000	−102 000	−144 000	−75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 565 000	1 652 000	1 739 000	1 826 000
Total Current Assets	93 000	398 000	412 000	368 000
Total Assets	1 658 000	2 050 000	2 151 000	2 194 000
Total Retained Equity	−200 000	−169 000	−67 000	76 000
Total Equity	110 000	141 000	243 000	386 000
Total Long-Term Debt	1 504 000	1 516 000	1 584 000	1 652 000
Total Current Debt	44 000	393 000	324 000	156 000
Total Equity and Debt	1 658 000	2 050 000	2 151 000	2 194 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	420 000	276 000	276 000	276 000
Other Income	−45 000	45 000	0	0
Revenue	375 000	321 000	276 000	276 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	87 000	87 000	87 000	87 000
Impairment	0	0	0	0
Expenditure	365 000	356 000	339 000	269 000
Operating Profit	11 000	−35 000	−63 000	7 000
Financial Income	42 000	0	0	1 000
Financial Costs	84 000	66 000	81 000	83 000
Financial Balance	−42 000	−66 000	−81 000	−82 000
Dividends	0	0	0	0
Net Income	−31 000	−102 000	−144 000	−75 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 565 000	1 652 000	1 739 000	1 826 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 565 000	1 652 000	1 739 000	1 826 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 565 000	1 652 000	1 739 000	1 826 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	123 000	181 000	138 000
Total Current Assets	93 000	398 000	412 000	368 000
Total Assets	1 658 000	2 050 000	2 151 000	2 194 000
Total Equity	110 000	141 000	243 000	386 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 504 000	1 516 000	1 584 000	1 652 000
Creditors	10 000	19 000	5 000	4 000
Unpaid Taxes	25 000	3 000	11 000	11 000
Dividends	0	0	0	0
Other Current Debt	9 000	371 000	309 000	142 000
Total Current Debt	44 000	393 000	324 000	156 000
Total Equity and Debt	1 658 000	2 050 000	2 151 000	2 194 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,18 %	−72,34 %	−59,26 %	−19,43 %
Debt-to-Equity Ratio	13,67	10,75	6,52	4,28
Operating Profit Margin	2,93 %	−10,9 %	−22,83 %	2,54 %
Current Ratio	2,11	1,01	1,27	2,36
Quick Ratio	2,11	1,01	1,27	2,36
Equity Ratio	0,07	0,07	0,11	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %