SØRBAKKEN AS

7288 SOKNEDAL

Finances

Return on Equity

0 %

Current Ratio

−21,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	111 000	108 000	104 000	154 000
Net Income	0	−32 000	−8 000	−6 000
Total Assets	1 134 000	1 127 000	1 184 000	1 239 000
Total Equity	1 137 000	961 000	994 000	1 009 000

Income (NOK)	2022	2021	2020	2019
Revenue	111 000	108 000	104 000	154 000
Expenditure	116 000	125 000	113 000	159 000
Operating Profit	−5 000	−17 000	−9 000	−5 000
Financial Income	9 000	6 000	7 000	10 000
Financial Costs	7 000	9 000	12 000	12 000
Financial Balance	2 000	−3 000	−5 000	−2 000
Earnings Before Tax	−3 000	−20 000	−15 000	−8 000
Tax	−3 000	12 000	−7 000	−2 000
Net Income	0	−32 000	−8 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 070 000	902 000	913 000	916 000
Total Current Assets	65 000	225 000	271 000	324 000
Total Assets	1 134 000	1 127 000	1 184 000	1 239 000
Total Retained Equity	0	861 000	894 000	909 000
Total Equity	1 137 000	961 000	994 000	1 009 000
Total Long-Term Debt	0	164 000	198 000	238 000
Total Current Debt	−3 000	2 000	−9 000	−7 000
Total Equity and Debt	1 134 000	1 127 000	1 184 000	1 239 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	111 000	108 000	104 000	154 000
Other Income	0	0	0	0
Revenue	111 000	108 000	104 000	154 000
Cost of Goods Sold	0	0	1 000	0
Salary Costs	51 000	51 000	47 000	60 000
Depreciation	4 000	5 000	6 000	8 000
Impairment	0	0	0	0
Expenditure	116 000	125 000	113 000	159 000
Operating Profit	−5 000	−17 000	−9 000	−5 000
Financial Income	9 000	6 000	7 000	10 000
Financial Costs	7 000	9 000	12 000	12 000
Financial Balance	2 000	−3 000	−5 000	−2 000
Dividends	0	0	0	0
Net Income	0	−32 000	−8 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	171 000	0	5 000	2 000
Real Eastate	777 000	777 000	777 000	777 000
Machinery and Plant Facilities	16 000	20 000	25 000	32 000
Fixtures	0	0	0	0
Total Tangible Assets	793 000	797 000	802 000	809 000
Total Fiancial Fixed Assets	105 000	105 000	105 000	105 000
Total Fixed Assets	1 070 000	902 000	913 000	916 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	26 000	184 000	238 000	214 000
Total Current Assets	65 000	225 000	271 000	324 000
Total Assets	1 134 000	1 127 000	1 184 000	1 239 000
Total Equity	1 137 000	961 000	994 000	1 009 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	164 000	198 000	238 000
Creditors	0	0	0	0
Unpaid Taxes	−3 000	1 000	1 000	3 000
Dividends	0	0	0	0
Other Current Debt	−4 000	−3 000	−3 000	−3 000
Total Current Debt	−3 000	2 000	−9 000	−7 000
Total Equity and Debt	1 134 000	1 127 000	1 184 000	1 239 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0 %	−3,33 %	−0,8 %	−0,59 %
Debt-to-Equity Ratio	0	0,17	0,2	0,24
Operating Profit Margin	−4,5 %	−15,74 %	−8,65 %	−3,25 %
Current Ratio	−21,67	112,5	−30,11	−46,29
Quick Ratio	−21,67	112,5	−30,11	−46,29
Equity Ratio	1	0,85	0,84	0,81
Gross Profit Margin	100 %	100 %	99,04 %	100 %