SODABLAST SØR AS

4950 RISØR

Finances

Share Ownership

Return on Equity

−30,88 %

Current Ratio

2,53

Debt-to-Equity Ratio

−1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 365 000	1 119 000	1 339 000	495 000
Net Income	105 000	91 000	−2 000	−31 000
Total Assets	220 000	160 000	143 000	93 000
Total Equity	−340 000	−445 000	−536 000	−534 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 365 000	1 119 000	1 339 000	495 000
Expenditure	1 259 000	1 031 000	1 341 000	526 000
Operating Profit	105 000	88 000	−2 000	−31 000
Financial Income	0	3 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	3 000	0	0
Earnings Before Tax	105 000	91 000	−2 000	−31 000
Tax	0	0	0	0
Net Income	105 000	91 000	−2 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	51 000	67 000	5 000
Total Current Assets	190 000	109 000	76 000	88 000
Total Assets	220 000	160 000	143 000	93 000
Total Retained Equity	−840 000	−945 000	−1 036 000	−1 034 000
Total Equity	−340 000	−445 000	−536 000	−534 000
Total Long-Term Debt	486 000	524 000	554 000	498 000
Total Current Debt	75 000	82 000	126 000	129 000
Total Equity and Debt	220 000	160 000	143 000	93 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 339 000	1 119 000	1 339 000	495 000
Other Income	26 000	0	0	0
Revenue	1 365 000	1 119 000	1 339 000	495 000
Cost of Goods Sold	526 000	473 000	719 000	250 000
Salary Costs	552 000	417 000	500 000	113 000
Depreciation	4 000	16 000	9 000	0
Impairment	0	0	0	0
Expenditure	1 259 000	1 031 000	1 341 000	526 000
Operating Profit	105 000	88 000	−2 000	−31 000
Financial Income	0	3 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	3 000	0	0
Dividends	0	0	0	0
Net Income	105 000	91 000	−2 000	−31 000

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	30 000	51 000	67 000	0
Total Tangible Assets	30 000	51 000	67 000	0
Total Fiancial Fixed Assets	0	0	0	5 000
Total Fixed Assets	30 000	51 000	67 000	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	84 000	78 000	75 000	67 000
Total Current Assets	190 000	109 000	76 000	88 000
Total Assets	220 000	160 000	143 000	93 000
Total Equity	−340 000	−445 000	−536 000	−534 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	486 000	524 000	554 000	498 000
Creditors	29 000	18 000	10 000	53 000
Unpaid Taxes	78 000	63 000	62 000	22 000
Dividends	0	0	0	0
Other Current Debt	−32 000	1 000	54 000	53 000
Total Current Debt	75 000	82 000	126 000	129 000
Total Equity and Debt	220 000	160 000	143 000	93 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,88 %	−20,45 %	0,37 %	5,81 %
Debt-to-Equity Ratio	−1,43	−1,18	−1,03	−0,93
Operating Profit Margin	7,69 %	7,86 %	−0,15 %	−6,26 %
Current Ratio	2,53	1,33	0,6	0,68
Quick Ratio	2,53	1,33	0,6	0,68
Equity Ratio	−1,55	−2,78	−3,75	−5,74
Gross Profit Margin	61,47 %	57,73 %	46,3 %	49,49 %