SØR-ØST 110 IKS

3111 TØNSBERG

Finances

Share Ownership

Return on Equity

17,6 %

Current Ratio

2,48

Debt-to-Equity Ratio

Key figures (NOK)	2019	2018	2017	2016
Revenue	64 322 000	43 093 000	37 230 000	35 104 000
Net Income	1 997 000	−2 660 000	2 196 000	897 000
Total Assets	18 597 000	17 690 000	23 664 000	11 335 000
Total Equity	11 349 000	9 353 000	9 585 000	7 389 000

Income (NOK)	2019	2018	2017	2016
Revenue	64 322 000	43 093 000	37 230 000	35 104 000
Expenditure	62 750 000	45 968 000	35 284 000	34 315 000
Operating Profit	1 571 000	−2 876 000	1 945 000	789 000
Financial Income	428 000	218 000	252 000	119 000
Financial Costs	3 000	2 000	1 000	11 000
Financial Balance	425 000	216 000	251 000	108 000
Earnings Before Tax	1 997 000	−2 660 000	2 196 000	897 000
Tax	0	0	0	0
Net Income	1 997 000	−2 660 000	2 196 000	897 000

Balance (NOK)	2019	2018	2017	2016
Total Fixed Assets	606 000	977 000	2 801 000	3 220 000
Total Current Assets	17 991 000	16 712 000	20 863 000	8 115 000
Total Assets	18 597 000	17 690 000	23 664 000	11 335 000
Total Retained Equity	7 092 000	5 095 000	6 371 000	4 176 000
Total Equity	11 349 000	9 353 000	9 585 000	7 389 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 248 000	8 337 000	14 079 000	3 946 000
Total Equity and Debt	18 597 000	17 690 000	23 664 000	11 335 000

Cash flow (NOK)	2019	2018	2017	2016
Sales Income	26 474 000	23 640 000	22 108 000	20 128 000
Other Income	37 848 000	19 453 000	15 122 000	14 976 000
Revenue	64 322 000	43 093 000	37 230 000	35 104 000
Cost of Goods Sold	0	0	0	0
Salary Costs	31 532 000	23 989 000	17 974 000	18 017 000
Depreciation	371 000	432 000	539 000	367 000
Impairment	0	0	0	0
Expenditure	62 750 000	45 968 000	35 284 000	34 315 000
Operating Profit	1 571 000	−2 876 000	1 945 000	789 000
Financial Income	428 000	218 000	252 000	119 000
Financial Costs	3 000	2 000	1 000	11 000
Financial Balance	425 000	216 000	251 000	108 000
Dividends	0	0	0	0
Net Income	1 997 000	−2 660 000	2 196 000	897 000

Balance details (NOK)	2019	2018	2017	2016
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	435 000	762 000	2 542 000	2 916 000
Total Tangible Assets	606 000	977 000	2 801 000	3 220 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	606 000	977 000	2 801 000	3 220 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 965 000	13 707 000	17 234 000	4 385 000
Total Current Assets	17 991 000	16 712 000	20 863 000	8 115 000
Total Assets	18 597 000	17 690 000	23 664 000	11 335 000
Total Equity	11 349 000	9 353 000	9 585 000	7 389 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	572 000	3 668 000	8 658 000	508 000
Unpaid Taxes	1 993 000	1 874 000	1 210 000	1 206 000
Dividends	0	0	0	0
Other Current Debt	4 683 000	2 794 000	4 210 000	2 232 000
Total Current Debt	7 248 000	8 337 000	14 079 000	3 946 000
Total Equity and Debt	18 597 000	17 690 000	23 664 000	11 335 000

Financial indicators	2019	2018	2017	2016
Return on Equity	17,6 %	−28,44 %	22,91 %	12,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,44 %	−6,67 %	5,22 %	2,25 %
Current Ratio	2,48	2	1,48	2,06
Quick Ratio	2,48	2	1,48	2,06
Equity Ratio	0,61	0,53	0,41	0,65
Gross Profit Margin	100 %	100 %	100 %	100 %