SONGVAAR INVEST AS

4317 SANDNES

Finances

Return on Equity

1,38 %

Current Ratio

2,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	28 000	230 000	−1 573 000	422 000
Total Assets	3 155 000	9 206 000	9 506 000	10 489 000
Total Equity	2 024 000	1 996 000	1 766 000	3 338 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	33 000	31 000	32 000	39 000
Operating Profit	−33 000	−31 000	−32 000	−39 000
Financial Income	191 000	291 000	71 000	548 000
Financial Costs	129 000	30 000	1 612 000	87 000
Financial Balance	62 000	261 000	−1 541 000	461 000
Earnings Before Tax	28 000	230 000	−1 573 000	422 000
Tax	0	0	0	0
Net Income	28 000	230 000	−1 573 000	422 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	73 000	73 000	73 000	0
Total Current Assets	3 081 000	9 133 000	9 432 000	10 489 000
Total Assets	3 155 000	9 206 000	9 506 000	10 489 000
Total Retained Equity	1 908 000	1 880 000	1 650 000	3 223 000
Total Equity	2 024 000	1 996 000	1 766 000	3 338 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 131 000	7 210 000	7 740 000	7 151 000
Total Equity and Debt	3 155 000	9 206 000	9 506 000	10 489 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	33 000	31 000	32 000	39 000
Operating Profit	−33 000	−31 000	−32 000	−39 000
Financial Income	191 000	291 000	71 000	548 000
Financial Costs	129 000	30 000	1 612 000	87 000
Financial Balance	62 000	261 000	−1 541 000	461 000
Dividends	0	0	0	0
Net Income	28 000	230 000	−1 573 000	422 000

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	73 000	73 000	73 000	0
Total Fixed Assets	73 000	73 000	73 000	0
Stock	0	0	0	0
Total Investments	1 534 000	1 235 000	216 000	8 975 000
Cash, Bank	252 000	6 983 000	8 360 000	1 514 000
Total Current Assets	3 081 000	9 133 000	9 432 000	10 489 000
Total Assets	3 155 000	9 206 000	9 506 000	10 489 000
Total Equity	2 024 000	1 996 000	1 766 000	3 338 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 131 000	7 210 000	7 740 000	7 151 000
Total Current Debt	1 131 000	7 210 000	7 740 000	7 151 000
Total Equity and Debt	3 155 000	9 206 000	9 506 000	10 489 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,38 %	11,52 %	−89,07 %	12,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	2,72	1,27	1,22	1,47
Quick Ratio	2,72	1,27	1,22	1,47
Equity Ratio	0,64	0,22	0,19	0,32
Gross Profit Margin	-	-	-	-