SOUTHPAW INVEST AS

5179 GODVIK

Finances

Share Ownership

Return on Equity

−20,65 %

Current Ratio

0,5

Debt-to-Equity Ratio

6,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 000	116 000	882 000	391 000
Net Income	−108 000	−17 000	595 000	11 000
Total Assets	3 676 000	3 706 000	3 718 000	5 083 000
Total Equity	523 000	630 000	647 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 000	116 000	882 000	391 000
Expenditure	99 000	77 000	135 000	192 000
Operating Profit	−59 000	39 000	747 000	198 000
Financial Income	0	0	0	0
Financial Costs	77 000	61 000	119 000	187 000
Financial Balance	−77 000	−61 000	−119 000	−187 000
Earnings Before Tax	−136 000	−22 000	628 000	11 000
Tax	−29 000	−5 000	33 000	0
Net Income	−108 000	−17 000	595 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 672 000	3 674 000	3 677 000	5 045 000
Total Current Assets	4 000	32 000	40 000	38 000
Total Assets	3 676 000	3 706 000	3 718 000	5 083 000
Total Retained Equity	323 000	430 000	447 000	−148 000
Total Equity	523 000	630 000	647 000	52 000
Total Long-Term Debt	3 146 000	3 062 000	3 054 000	5 010 000
Total Current Debt	8 000	13 000	16 000	20 000
Total Equity and Debt	3 676 000	3 706 000	3 718 000	5 083 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	11 000	61 000	36 000
Other Income	40 000	105 000	820 000	355 000
Revenue	40 000	116 000	882 000	391 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 000	3 000	20 000	53 000
Impairment	0	0	0	0
Expenditure	99 000	77 000	135 000	192 000
Operating Profit	−59 000	39 000	747 000	198 000
Financial Income	0	0	0	0
Financial Costs	77 000	61 000	119 000	187 000
Financial Balance	−77 000	−61 000	−119 000	−187 000
Dividends	0	0	0	0
Net Income	−108 000	−17 000	595 000	11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 640 000	3 640 000	3 640 000	5 016 000
Machinery and Plant Facilities	32 000	35 000	38 000	29 000
Fixtures	0	0	0	0
Total Tangible Assets	3 672 000	3 674 000	3 677 000	5 045 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 672 000	3 674 000	3 677 000	5 045 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	7 000	37 000	22 000
Total Current Assets	4 000	32 000	40 000	38 000
Total Assets	3 676 000	3 706 000	3 718 000	5 083 000
Total Equity	523 000	630 000	647 000	52 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 146 000	3 062 000	3 054 000	5 010 000
Creditors	0	9 000	0	4 000
Unpaid Taxes	0	0	12 000	0
Dividends	0	0	0	0
Other Current Debt	7 000	4 000	4 000	16 000
Total Current Debt	8 000	13 000	16 000	20 000
Total Equity and Debt	3 676 000	3 706 000	3 718 000	5 083 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,65 %	−2,7 %	91,96 %	21,15 %
Debt-to-Equity Ratio	6,02	4,86	4,72	96,35
Operating Profit Margin	−147,5 %	33,62 %	84,69 %	50,64 %
Current Ratio	0,5	2,46	2,5	1,9
Quick Ratio	0,5	2,46	2,5	1,9
Equity Ratio	0,14	0,17	0,17	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %