SØSTRENE VINTAGE AS

1615 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−20,31 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	300 000	0	55 000	20 000
Net Income	−13 000	−16 000	35 000	5 000
Total Assets	151 000	86 000	116 000	63 000
Total Equity	64 000	77 000	93 000	57 000

Income (NOK)	2022	2021	2020	2019
Revenue	300 000	0	55 000	20 000
Expenditure	316 000	20 000	10 000	13 000
Operating Profit	−17 000	−20 000	45 000	7 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−17 000	−20 000	45 000	7 000
Tax	−4 000	−4 000	10 000	2 000
Net Income	−13 000	−16 000	35 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	45 000	0	0
Total Current Assets	109 000	41 000	116 000	63 000
Total Assets	151 000	86 000	116 000	63 000
Total Retained Equity	−236 000	−223 000	−207 000	−243 000
Total Equity	64 000	77 000	93 000	57 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	88 000	9 000	24 000	6 000
Total Equity and Debt	151 000	86 000	116 000	63 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	298 000	0	55 000	20 000
Other Income	2 000	0	0	0
Revenue	300 000	0	55 000	20 000
Cost of Goods Sold	72 000	0	0	0
Salary Costs	109 000	0	0	0
Depreciation	6 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	316 000	20 000	10 000	13 000
Operating Profit	−17 000	−20 000	45 000	7 000
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	−13 000	−16 000	35 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	4 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	41 000	0	0
Total Tangible Assets	35 000	41 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 000	45 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 000	26 000	47 000	1 000
Total Current Assets	109 000	41 000	116 000	63 000
Total Assets	151 000	86 000	116 000	63 000
Total Equity	64 000	77 000	93 000	57 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	8 000	1 000	2 000
Unpaid Taxes	50 000	0	12 000	2 000
Dividends	0	0	0	0
Other Current Debt	37 000	1 000	1 000	0
Total Current Debt	88 000	9 000	24 000	6 000
Total Equity and Debt	151 000	86 000	116 000	63 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,31 %	−20,78 %	37,63 %	8,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,67 %	-	81,82 %	35 %
Current Ratio	1,24	4,56	4,83	10,5
Quick Ratio	1,24	4,56	4,83	10,5
Equity Ratio	0,42	0,9	0,8	0,9
Gross Profit Margin	76 %	-	100 %	100 %