SØMMEVÅGEN I AS

4050 SOLA

Finances

Share Ownership

Return on Equity

−13,25 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−358 000	−365 000	−368 000	−355 000
Total Assets	15 825 000	16 143 000	15 021 000	16 057 000
Total Equity	2 702 000	2 330 000	1 634 000	2 002 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	49 000	53 000	36 000	47 000
Operating Profit	−49 000	−53 000	−36 000	−47 000
Financial Income	0	0	0	0
Financial Costs	410 000	415 000	436 000	408 000
Financial Balance	−410 000	−415 000	−436 000	−408 000
Earnings Before Tax	−459 000	−468 000	−472 000	−456 000
Tax	−101 000	−103 000	−104 000	−100 000
Net Income	−358 000	−365 000	−368 000	−355 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 000	230 000	426 000	322 000
Total Current Assets	15 700 000	15 913 000	14 595 000	15 735 000
Total Assets	15 825 000	16 143 000	15 021 000	16 057 000
Total Retained Equity	0	0	0	0
Total Equity	2 702 000	2 330 000	1 634 000	2 002 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 123 000	13 813 000	13 387 000	14 055 000
Total Equity and Debt	15 825 000	16 143 000	15 021 000	16 057 000

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	49 000	53 000	36 000	47 000
Operating Profit	−49 000	−53 000	−36 000	−47 000
Financial Income	0	0	0	0
Financial Costs	410 000	415 000	436 000	408 000
Financial Balance	−410 000	−415 000	−436 000	−408 000
Dividends	0	0	0	0
Net Income	−358 000	−365 000	−368 000	−355 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	125 000	230 000	426 000	322 000
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	125 000	230 000	426 000	322 000
Stock	14 676 000	14 453 000	14 445 000	14 421 000
Total Investments	0	0	0	0
Cash, Bank	88 000	100 000	149 000	214 000
Total Current Assets	15 700 000	15 913 000	14 595 000	15 735 000
Total Assets	15 825 000	16 143 000	15 021 000	16 057 000
Total Equity	2 702 000	2 330 000	1 634 000	2 002 000
Short-Term Group Debt	13 101 000	13 801 000	13 386 000	14 050 000
Total Long-Term Debt	0	0	0	0
Creditors	22 000	13 000	1 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	13 123 000	13 813 000	13 387 000	14 055 000
Total Equity and Debt	15 825 000	16 143 000	15 021 000	16 057 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,25 %	−15,67 %	−22,52 %	−17,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,2	1,15	1,09	1,12
Quick Ratio	−10,11	−24,86	−13,79	−42,99
Equity Ratio	0,17	0,14	0,11	0,12
Gross Profit Margin	-	-	-	-