SJØKANTEN EIENDOMSUTVIKLING AS

5911 ALVERSUND

Finances

Share Ownership

Return on Equity

26,88 %

Current Ratio

0,12

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	816 000	912 000	529 000	323 000
Net Income	−432 000	−540 000	−481 000	−643 000
Total Assets	5 830 000	5 519 000	5 641 000	5 423 000
Total Equity	−1 607 000	−1 175 000	−636 000	−155 000

Income (NOK)	2022	2021	2020	2019
Revenue	816 000	912 000	529 000	323 000
Expenditure	1 254 000	1 458 000	1 016 000	965 000
Operating Profit	−438 000	−546 000	−486 000	−643 000
Financial Income	6 000	6 000	5 000	0
Financial Costs	0	0	1 000	0
Financial Balance	6 000	6 000	4 000	0
Earnings Before Tax	−432 000	−540 000	−481 000	−643 000
Tax	0	0	0	0
Net Income	−432 000	−540 000	−481 000	−643 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 958 000	5 179 000	5 400 000	5 243 000
Total Current Assets	873 000	340 000	241 000	180 000
Total Assets	5 830 000	5 519 000	5 641 000	5 423 000
Total Retained Equity	−1 708 000	−1 276 000	−737 000	−255 000
Total Equity	−1 607 000	−1 175 000	−636 000	−155 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 438 000	6 695 000	6 277 000	5 578 000
Total Equity and Debt	5 830 000	5 519 000	5 641 000	5 423 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	816 000	912 000	529 000	323 000
Other Income	0	0	0	0
Revenue	816 000	912 000	529 000	323 000
Cost of Goods Sold	261 000	206 000	306 000	100 000
Salary Costs	444 000	382 000	179 000	613 000
Depreciation	221 000	221 000	163 000	67 000
Impairment	0	0	0	0
Expenditure	1 254 000	1 458 000	1 016 000	965 000
Operating Profit	−438 000	−546 000	−486 000	−643 000
Financial Income	6 000	6 000	5 000	0
Financial Costs	0	0	1 000	0
Financial Balance	6 000	6 000	4 000	0
Dividends	0	0	0	0
Net Income	−432 000	−540 000	−481 000	−643 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 555 000	4 655 000	4 755 000	4 825 000
Machinery and Plant Facilities	0	524 000	645 000	418 000
Fixtures	255 000	0	0	0
Total Tangible Assets	4 958 000	5 179 000	5 400 000	5 243 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 958 000	5 179 000	5 400 000	5 243 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	253 000	21 000	56 000	15 000
Total Current Assets	873 000	340 000	241 000	180 000
Total Assets	5 830 000	5 519 000	5 641 000	5 423 000
Total Equity	−1 607 000	−1 175 000	−636 000	−155 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	34 000	0	1 000
Unpaid Taxes	97 000	9 000	28 000	38 000
Dividends	0	0	0	0
Other Current Debt	7 340 000	6 652 000	6 249 000	5 538 000
Total Current Debt	7 438 000	6 695 000	6 277 000	5 578 000
Total Equity and Debt	5 830 000	5 519 000	5 641 000	5 423 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,88 %	45,96 %	75,63 %	414,84 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−53,68 %	−59,87 %	−91,87 %	−199,07 %
Current Ratio	0,12	0,05	0,04	0,03
Quick Ratio	0,12	0,05	0,04	0,03
Equity Ratio	−0,28	−0,21	−0,11	−0,03
Gross Profit Margin	68,01 %	77,41 %	42,16 %	69,04 %