SØRBØTUNET VEL

4017 STAVANGER

Finances

Share Ownership

Return on Equity

−116,46 %

Current Ratio

2,59

Debt-to-Equity Ratio

Key figures (NOK)	2020	2019	2018	2017
Revenue	789 000	634 000	500 000	480 000
Net Income	−191 000	58 000	15 000	26 000
Total Assets	267 000	515 000	360 000	394 000
Total Equity	164 000	356 000	297 000	282 000

Income (NOK)	2020	2019	2018	2017
Revenue	789 000	634 000	500 000	480 000
Expenditure	981 000	581 000	488 000	455 000
Operating Profit	−192 000	54 000	12 000	25 000
Financial Income	1 000	5 000	4 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	5 000	4 000	1 000
Earnings Before Tax	−192 000	54 000	12 000	25 000
Tax	0	0	0	0
Net Income	−191 000	58 000	15 000	26 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	0	0	0	0
Total Current Assets	267 000	515 000	360 000	394 000
Total Assets	267 000	515 000	360 000	394 000
Total Retained Equity	164 000	356 000	297 000	282 000
Total Equity	164 000	356 000	297 000	282 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	103 000	159 000	63 000	112 000
Total Equity and Debt	267 000	515 000	360 000	394 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	0	0	0	0
Other Income	789 000	634 000	500 000	480 000
Revenue	789 000	634 000	500 000	480 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	981 000	581 000	488 000	455 000
Operating Profit	−192 000	54 000	12 000	25 000
Financial Income	1 000	5 000	4 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	5 000	4 000	1 000
Dividends	0	0	0	0
Net Income	−191 000	58 000	15 000	26 000

Balance details (NOK)	2020	2019	2018	2017
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	265 000	404 000	358 000	333 000
Total Current Assets	267 000	515 000	360 000	394 000
Total Assets	267 000	515 000	360 000	394 000
Total Equity	164 000	356 000	297 000	282 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	52 000	108 000	29 000	93 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	51 000	51 000	34 000	18 000
Total Current Debt	103 000	159 000	63 000	112 000
Total Equity and Debt	267 000	515 000	360 000	394 000

Financial indicators	2020	2019	2018	2017
Return on Equity	−116,46 %	16,29 %	5,05 %	9,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−24,33 %	8,52 %	2,4 %	5,21 %
Current Ratio	2,59	3,24	5,71	3,52
Quick Ratio	2,59	3,24	5,71	3,52
Equity Ratio	0,61	0,69	0,83	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %