SØRFJORD AS

4950 RISØR

Finances

Share Ownership

Return on Equity

21,49 %

Current Ratio

0,49

Debt-to-Equity Ratio

2,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	914 000	792 000	728 000	1 414 000
Net Income	193 000	−208 000	−122 000	402 000
Total Assets	3 281 000	3 150 000	3 452 000	3 546 000
Total Equity	898 000	705 000	913 000	1 035 000

Income (NOK)	2022	2021	2020	2019
Revenue	914 000	792 000	728 000	1 414 000
Expenditure	592 000	878 000	720 000	890 000
Operating Profit	323 000	−85 000	8 000	525 000
Financial Income	0	0	0	0
Financial Costs	129 000	123 000	130 000	123 000
Financial Balance	−129 000	−123 000	−130 000	−123 000
Earnings Before Tax	193 000	−208 000	−122 000	402 000
Tax	0	0	0	0
Net Income	193 000	−208 000	−122 000	402 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 074 000	3 008 000	3 232 000	3 039 000
Total Current Assets	208 000	142 000	220 000	508 000
Total Assets	3 281 000	3 150 000	3 452 000	3 546 000
Total Retained Equity	−902 000	−1 095 000	−887 000	−765 000
Total Equity	898 000	705 000	913 000	1 035 000
Total Long-Term Debt	1 957 000	2 411 000	2 566 000	2 192 000
Total Current Debt	426 000	34 000	−27 000	319 000
Total Equity and Debt	3 281 000	3 150 000	3 452 000	3 546 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	661 000	792 000	727 000	1 366 000
Other Income	253 000	0	1 000	47 000
Revenue	914 000	792 000	728 000	1 414 000
Cost of Goods Sold	81 000	137 000	72 000	71 000
Salary Costs	4 000	116 000	119 000	386 000
Depreciation	239 000	244 000	165 000	142 000
Impairment	0	0	0	0
Expenditure	592 000	878 000	720 000	890 000
Operating Profit	323 000	−85 000	8 000	525 000
Financial Income	0	0	0	0
Financial Costs	129 000	123 000	130 000	123 000
Financial Balance	−129 000	−123 000	−130 000	−123 000
Dividends	0	0	0	0
Net Income	193 000	−208 000	−122 000	402 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 486 000	1 985 000	2 114 000	2 169 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	510 000	945 000	1 040 000	792 000
Total Tangible Assets	2 995 000	2 930 000	3 154 000	2 960 000
Total Fiancial Fixed Assets	78 000	78 000	78 000	78 000
Total Fixed Assets	3 074 000	3 008 000	3 232 000	3 039 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	84 000	91 000	99 000	202 000
Total Current Assets	208 000	142 000	220 000	508 000
Total Assets	3 281 000	3 150 000	3 452 000	3 546 000
Total Equity	898 000	705 000	913 000	1 035 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 957 000	2 411 000	2 566 000	2 192 000
Creditors	23 000	−3 000	−5 000	75 000
Unpaid Taxes	15 000	2 000	32 000	262 000
Dividends	0	0	0	0
Other Current Debt	388 000	35 000	−54 000	−18 000
Total Current Debt	426 000	34 000	−27 000	319 000
Total Equity and Debt	3 281 000	3 150 000	3 452 000	3 546 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,49 %	−29,5 %	−13,36 %	38,84 %
Debt-to-Equity Ratio	2,18	3,42	2,81	2,12
Operating Profit Margin	35,34 %	−10,73 %	1,1 %	37,13 %
Current Ratio	0,49	4,18	−8,15	1,59
Quick Ratio	0,49	4,18	−8,15	1,59
Equity Ratio	0,27	0,22	0,26	0,29
Gross Profit Margin	91,14 %	82,7 %	90,11 %	94,98 %