SØVIK & ØDEGÅRD AS

3931 PORSGRUNN

Finances

Share Ownership

Return on Equity

−200 %

Current Ratio

0,88

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	999 000	841 000	584 000	897 000
Net Income	38 000	−35 000	−62 000	28 000
Total Assets	144 000	152 000	200 000	270 000
Total Equity	−19 000	−57 000	−23 000	39 000

Income (NOK)	2022	2021	2020	2019
Revenue	999 000	841 000	584 000	897 000
Expenditure	961 000	875 000	646 000	869 000
Operating Profit	38 000	−35 000	−62 000	28 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	38 000	−35 000	−62 000	28 000
Tax	0	0	0	0
Net Income	38 000	−35 000	−62 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	144 000	152 000	200 000	270 000
Total Assets	144 000	152 000	200 000	270 000
Total Retained Equity	−419 000	−457 000	−423 000	−361 000
Total Equity	−19 000	−57 000	−23 000	39 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	163 000	210 000	223 000	230 000
Total Equity and Debt	144 000	152 000	200 000	270 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	999 000	841 000	584 000	897 000
Other Income	0	0	0	0
Revenue	999 000	841 000	584 000	897 000
Cost of Goods Sold	0	0	0	0
Salary Costs	753 000	824 000	622 000	843 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	961 000	875 000	646 000	869 000
Operating Profit	38 000	−35 000	−62 000	28 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	38 000	−35 000	−62 000	28 000

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	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	38 000	130 000	188 000	209 000
Total Current Assets	144 000	152 000	200 000	270 000
Total Assets	144 000	152 000	200 000	270 000
Total Equity	−19 000	−57 000	−23 000	39 000
Short-Term Group Debt	0	3 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	0	0
Unpaid Taxes	91 000	127 000	163 000	151 000
Dividends	0	0	0	0
Other Current Debt	71 000	79 000	60 000	79 000
Total Current Debt	163 000	210 000	223 000	230 000
Total Equity and Debt	144 000	152 000	200 000	270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−200 %	61,4 %	269,57 %	71,79 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	3,8 %	−4,16 %	−10,62 %	3,12 %
Current Ratio	0,88	0,72	0,9	1,17
Quick Ratio	0,88	0,72	0,9	1,17
Equity Ratio	−0,13	−0,38	−0,12	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %