SORTLAND LØYPEMASKIN AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

−17,19 %

Current Ratio

0,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	117 000	250 000	1 473 000	100 000
Net Income	−207 000	−227 000	1 315 000	−47 000
Total Assets	1 804 000	2 047 000	2 752 000	69 000
Total Equity	1 204 000	1 411 000	1 638 000	−177 000

Income (NOK)	2022	2021	2020	2019
Revenue	117 000	250 000	1 473 000	100 000
Expenditure	328 000	462 000	132 000	159 000
Operating Profit	−207 000	−209 000	1 329 000	−47 000
Financial Income	0	0	0	0
Financial Costs	0	18 000	14 000	0
Financial Balance	0	−18 000	−14 000	0
Earnings Before Tax	−207 000	−227 000	1 315 000	−47 000
Tax	0	0	0	0
Net Income	−207 000	−227 000	1 315 000	−47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 736 000	1 940 000	2 161 000	21 000
Total Current Assets	68 000	107 000	591 000	48 000
Total Assets	1 804 000	2 047 000	2 752 000	69 000
Total Retained Equity	4 000	211 000	438 000	−877 000
Total Equity	1 204 000	1 411 000	1 638 000	−177 000
Total Long-Term Debt	0	0	1 106 000	0
Total Current Debt	600 000	635 000	8 000	246 000
Total Equity and Debt	1 804 000	2 047 000	2 752 000	69 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 000	94 000	124 000	100 000
Other Income	44 000	156 000	1 349 000	0
Revenue	117 000	250 000	1 473 000	100 000
Cost of Goods Sold	43 000	183 000	80 000	114 000
Salary Costs	0	0	0	0
Depreciation	204 000	220 000	22 000	1 000
Impairment	0	0	0	0
Expenditure	328 000	462 000	132 000	159 000
Operating Profit	−207 000	−209 000	1 329 000	−47 000
Financial Income	0	0	0	0
Financial Costs	0	18 000	14 000	0
Financial Balance	0	−18 000	−14 000	0
Dividends	0	0	0	0
Net Income	−207 000	−227 000	1 315 000	−47 000

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	1 736 000	1 940 000	2 161 000	21 000
Fixtures	0	0	0	0
Total Tangible Assets	1 736 000	1 940 000	2 161 000	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 736 000	1 940 000	2 161 000	21 000
Stock	10 000	5 000	2 000	14 000
Total Investments	0	0	0	0
Cash, Bank	39 000	65 000	156 000	15 000
Total Current Assets	68 000	107 000	591 000	48 000
Total Assets	1 804 000	2 047 000	2 752 000	69 000
Total Equity	1 204 000	1 411 000	1 638 000	−177 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 106 000	0
Creditors	0	35 000	1 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	600 000	600 000	7 000	245 000
Total Current Debt	600 000	635 000	8 000	246 000
Total Equity and Debt	1 804 000	2 047 000	2 752 000	69 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,19 %	−16,09 %	80,28 %	26,55 %
Debt-to-Equity Ratio	0	0	0,68	−0
Operating Profit Margin	−176,92 %	−83,6 %	90,22 %	−47 %
Current Ratio	0,11	0,17	73,88	0,2
Quick Ratio	0,12	0,17	98,5	0,21
Equity Ratio	0,67	0,69	0,6	−2,57
Gross Profit Margin	63,25 %	26,8 %	94,57 %	−14 %