SØR VEST UTVIKLING AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

−35,22 %

Current Ratio

2,05

Debt-to-Equity Ratio

−13,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 058 000	1 017 000	1 011 000	912 000
Net Income	249 000	334 000	138 000	273 000
Total Assets	9 159 000	9 253 000	9 482 000	9 896 000
Total Equity	−707 000	−955 000	−1 289 000	−1 428 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 058 000	1 017 000	1 011 000	912 000
Expenditure	386 000	360 000	470 000	444 000
Operating Profit	672 000	656 000	541 000	468 000
Financial Income	0	0	0	24 000
Financial Costs	353 000	228 000	364 000	333 000
Financial Balance	−353 000	−228 000	−364 000	−309 000
Earnings Before Tax	319 000	428 000	177 000	159 000
Tax	70 000	94 000	39 000	−113 000
Net Income	249 000	334 000	138 000	273 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 504 000	8 771 000	9 143 000	9 407 000
Total Current Assets	655 000	482 000	339 000	489 000
Total Assets	9 159 000	9 253 000	9 482 000	9 896 000
Total Retained Equity	−807 000	−1 055 000	−1 389 000	−1 528 000
Total Equity	−707 000	−955 000	−1 289 000	−1 428 000
Total Long-Term Debt	9 546 000	9 953 000	10 397 000	11 216 000
Total Current Debt	320 000	256 000	375 000	108 000
Total Equity and Debt	9 159 000	9 253 000	9 482 000	9 896 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 058 000	1 017 000	1 011 000	912 000
Other Income	0	0	0	0
Revenue	1 058 000	1 017 000	1 011 000	912 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	114 000	0
Depreciation	278 000	278 000	278 000	273 000
Impairment	0	0	0	0
Expenditure	386 000	360 000	470 000	444 000
Operating Profit	672 000	656 000	541 000	468 000
Financial Income	0	0	0	24 000
Financial Costs	353 000	228 000	364 000	333 000
Financial Balance	−353 000	−228 000	−364 000	−309 000
Dividends	0	0	0	0
Net Income	249 000	334 000	138 000	273 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	94 000	83 000	177 000	216 000
Real Eastate	8 410 000	8 688 000	8 966 000	9 191 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 410 000	8 688 000	8 966 000	9 191 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 504 000	8 771 000	9 143 000	9 407 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	554 000	381 000	217 000	68 000
Total Current Assets	655 000	482 000	339 000	489 000
Total Assets	9 159 000	9 253 000	9 482 000	9 896 000
Total Equity	−707 000	−955 000	−1 289 000	−1 428 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 546 000	9 953 000	10 397 000	11 216 000
Creditors	0	0	0	7 000
Unpaid Taxes	46 000	42 000	256 000	0
Dividends	0	0	0	0
Other Current Debt	193 000	214 000	119 000	101 000
Total Current Debt	320 000	256 000	375 000	108 000
Total Equity and Debt	9 159 000	9 253 000	9 482 000	9 896 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,22 %	−34,97 %	−10,71 %	−19,12 %
Debt-to-Equity Ratio	−13,5	−10,42	−8,07	−7,85
Operating Profit Margin	63,52 %	64,5 %	53,51 %	51,32 %
Current Ratio	2,05	1,88	0,9	4,53
Quick Ratio	2,05	1,88	0,9	4,53
Equity Ratio	−0,08	−0,1	−0,14	−0,14
Gross Profit Margin	100 %	100 %	100 %	100 %