SØRFJORDEN HOLDING AS

5116 ULSET

Finances

Share Ownership

Return on Equity

54,23 %

Current Ratio

0,09

Debt-to-Equity Ratio

1,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 910 000	5 968 000	4 406 000	22 755 000
Net Income	545 000	4 126 000	356 000	7 068 000
Total Assets	6 434 000	12 461 000	27 773 000	25 979 000
Total Equity	1 005 000	7 138 000	3 013 000	5 209 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 910 000	5 968 000	4 406 000	22 755 000
Expenditure	3 461 000	635 000	2 253 000	13 232 000
Operating Profit	450 000	5 333 000	2 153 000	9 523 000
Financial Income	180 000	191 000	184 000	202 000
Financial Costs	84 000	94 000	467 000	633 000
Financial Balance	96 000	97 000	−283 000	−431 000
Earnings Before Tax	545 000	5 430 000	1 870 000	9 092 000
Tax	0	1 305 000	1 514 000	2 024 000
Net Income	545 000	4 126 000	356 000	7 068 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 123 000	5 524 000	5 210 000	4 419 000
Total Current Assets	311 000	6 937 000	22 563 000	21 560 000
Total Assets	6 434 000	12 461 000	27 773 000	25 979 000
Total Retained Equity	905 000	7 038 000	2 913 000	5 109 000
Total Equity	1 005 000	7 138 000	3 013 000	5 209 000
Total Long-Term Debt	1 923 000	2 358 000	3 228 000	6 066 000
Total Current Debt	3 506 000	2 964 000	21 532 000	14 704 000
Total Equity and Debt	6 434 000	12 461 000	27 773 000	25 979 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 910 000	5 968 000	4 339 000	11 603 000
Other Income	0	0	67 000	11 152 000
Revenue	3 910 000	5 968 000	4 406 000	22 755 000
Cost of Goods Sold	2 878 000	0	−2 000	949 000
Salary Costs	406 000	34 000	906 000	3 725 000
Depreciation	174 000	0	99 000	231 000
Impairment	0	0	0	0
Expenditure	3 461 000	635 000	2 253 000	13 232 000
Operating Profit	450 000	5 333 000	2 153 000	9 523 000
Financial Income	180 000	191 000	184 000	202 000
Financial Costs	84 000	94 000	467 000	633 000
Financial Balance	96 000	97 000	−283 000	−431 000
Dividends	0	0	2 552 000	4 200 000
Net Income	545 000	4 126 000	356 000	7 068 000

Balance details (NOK)	2022	2021	2020	2019
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	378 000	676 000
Total Tangible Assets	0	0	378 000	676 000
Total Fiancial Fixed Assets	6 123 000	5 524 000	4 832 000	3 744 000
Total Fixed Assets	6 123 000	5 524 000	5 210 000	4 419 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	1 000	0	0
Total Current Assets	311 000	6 937 000	22 563 000	21 560 000
Total Assets	6 434 000	12 461 000	27 773 000	25 979 000
Total Equity	1 005 000	7 138 000	3 013 000	5 209 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 923 000	2 358 000	3 228 000	6 066 000
Creditors	126 000	126 000	17 852 000	9 315 000
Unpaid Taxes	851 000	18 000	268 000	132 000
Dividends	0	0	2 552 000	4 200 000
Other Current Debt	1 136 000	1 240 000	2 661 000	1 293 000
Total Current Debt	3 506 000	2 964 000	21 532 000	14 704 000
Total Equity and Debt	6 434 000	12 461 000	27 773 000	25 979 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,23 %	57,8 %	11,82 %	135,69 %
Debt-to-Equity Ratio	1,91	0,33	1,07	1,16
Operating Profit Margin	11,51 %	89,36 %	48,87 %	41,85 %
Current Ratio	0,09	2,34	1,05	1,47
Quick Ratio	0,09	2,34	1,05	1,47
Equity Ratio	0,16	0,57	0,11	0,2
Gross Profit Margin	26,39 %	100 %	100,05 %	95,83 %