SØBO UTVIKLING AS

4611 KRISTIANSAND S

Finances

Return on Equity

−30,09 %

Current Ratio

2,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 580 000	43 240 000	0	0
Net Income	−7 522 000	−6 186 000	−2 772 000	782 000
Total Assets	36 725 000	65 727 000	40 803 000	22 125 000
Total Equity	25 000 000	25 000 000	3 781 000	5 334 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 580 000	43 240 000	0	0
Expenditure	32 858 000	49 947 000	2 772 000	638 000
Operating Profit	−4 278 000	−6 706 000	−2 772 000	−638 000
Financial Income	60 000	170 000	322 000	1 733 000
Financial Costs	4 297 000	1 250 000	996 000	515 000
Financial Balance	−4 237 000	−1 080 000	−674 000	1 218 000
Earnings Before Tax	−8 515 000	−7 786 000	−3 446 000	580 000
Tax	−993 000	−1 600 000	−674 000	−202 000
Net Income	−7 522 000	−6 186 000	−2 772 000	782 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 522 000	2 275 000	2 830 000	3 515 000
Total Current Assets	32 203 000	63 452 000	37 973 000	18 610 000
Total Assets	36 725 000	65 727 000	40 803 000	22 125 000
Total Retained Equity	0	0	0	2 593 000
Total Equity	25 000 000	25 000 000	3 781 000	5 334 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 725 000	40 727 000	37 022 000	16 792 000
Total Equity and Debt	36 725 000	65 727 000	40 803 000	22 125 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 580 000	43 240 000	0	0
Other Income	0	0	0	0
Revenue	28 580 000	43 240 000	0	0
Cost of Goods Sold	32 438 000	47 355 000	1 500 000	0
Salary Costs	125 000	325 000	325 000	260 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	32 858 000	49 947 000	2 772 000	638 000
Operating Profit	−4 278 000	−6 706 000	−2 772 000	−638 000
Financial Income	60 000	170 000	322 000	1 733 000
Financial Costs	4 297 000	1 250 000	996 000	515 000
Financial Balance	−4 237 000	−1 080 000	−674 000	1 218 000
Dividends	0	0	0	0
Net Income	−7 522 000	−6 186 000	−2 772 000	782 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 396 000	660 000	330 000	0
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	3 126 000	1 615 000	2 500 000	3 515 000
Total Fixed Assets	4 522 000	2 275 000	2 830 000	3 515 000
Stock	17 278 000	19 772 000	27 346 000	13 415 000
Total Investments	0	0	0	0
Cash, Bank	5 487 000	11 222 000	5 547 000	395 000
Total Current Assets	32 203 000	63 452 000	37 973 000	18 610 000
Total Assets	36 725 000	65 727 000	40 803 000	22 125 000
Total Equity	25 000 000	25 000 000	3 781 000	5 334 000
Short-Term Group Debt	7 367 000	33 000 000	31 582 000	16 014 000
Total Long-Term Debt	0	0	0	0
Creditors	3 336 000	5 939 000	4 652 000	517 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 022 000	1 788 000	788 000	260 000
Total Current Debt	11 725 000	40 727 000	37 022 000	16 792 000
Total Equity and Debt	36 725 000	65 727 000	40 803 000	22 125 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,09 %	−24,74 %	−73,31 %	14,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−14,97 %	−15,51 %	-	-
Current Ratio	2,75	1,56	1,03	1,11
Quick Ratio	−5,8	3,03	3,92	5,51
Equity Ratio	0,68	0,38	0,09	0,24
Gross Profit Margin	−13,5 %	−9,52 %	-	-