SØRVEST INVEST AS

5379 STEINSLAND

Finances

Share Ownership

Return on Equity

4,9 %

Current Ratio

2,02

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 337 000	26 018 000	19 769 000	11 381 000
Net Income	1 476 000	10 306 000	6 937 000	2 530 000
Total Assets	56 148 000	40 075 000	36 739 000	29 328 000
Total Equity	30 120 000	28 644 000	18 338 000	13 402 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 337 000	26 018 000	19 769 000	11 381 000
Expenditure	14 968 000	12 587 000	10 377 000	7 632 000
Operating Profit	2 369 000	13 432 000	9 391 000	3 749 000
Financial Income	108 000	31 000	20 000	22 000
Financial Costs	556 000	223 000	503 000	520 000
Financial Balance	−448 000	−192 000	−483 000	−498 000
Earnings Before Tax	1 921 000	13 240 000	8 909 000	3 251 000
Tax	445 000	2 934 000	1 972 000	721 000
Net Income	1 476 000	10 306 000	6 937 000	2 530 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 830 000	28 501 000	30 948 000	27 676 000
Total Current Assets	10 319 000	11 574 000	5 791 000	1 652 000
Total Assets	56 148 000	40 075 000	36 739 000	29 328 000
Total Retained Equity	30 020 000	28 544 000	18 238 000	13 302 000
Total Equity	30 120 000	28 644 000	18 338 000	13 402 000
Total Long-Term Debt	20 921 000	8 060 000	15 678 000	12 846 000
Total Current Debt	5 107 000	3 371 000	2 723 000	3 081 000
Total Equity and Debt	56 148 000	40 075 000	36 739 000	29 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 941 000	15 324 000	14 813 000	11 377 000
Other Income	397 000	10 694 000	4 956 000	4 000
Revenue	17 337 000	26 018 000	19 769 000	11 381 000
Cost of Goods Sold	894 000	1 434 000	811 000	449 000
Salary Costs	6 676 000	5 330 000	5 827 000	3 972 000
Depreciation	967 000	1 023 000	892 000	850 000
Impairment	500 000	0	0	0
Expenditure	14 968 000	12 587 000	10 377 000	7 632 000
Operating Profit	2 369 000	13 432 000	9 391 000	3 749 000
Financial Income	108 000	31 000	20 000	22 000
Financial Costs	556 000	223 000	503 000	520 000
Financial Balance	−448 000	−192 000	−483 000	−498 000
Dividends	0	0	2 000 000	0
Net Income	1 476 000	10 306 000	6 937 000	2 530 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 104 000	15 100 000	18 650 000	16 550 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	56 000	0	0	0
Fixtures	1 256 000	503 000	650 000	63 000
Total Tangible Assets	13 126 000	13 401 000	12 283 000	11 111 000
Total Fiancial Fixed Assets	600 000	0	15 000	15 000
Total Fixed Assets	45 830 000	28 501 000	30 948 000	27 676 000
Stock	57 000	0	7 000	156 000
Total Investments	0	0	0	0
Cash, Bank	9 731 000	10 324 000	5 037 000	1 395 000
Total Current Assets	10 319 000	11 574 000	5 791 000	1 652 000
Total Assets	56 148 000	40 075 000	36 739 000	29 328 000
Total Equity	30 120 000	28 644 000	18 338 000	13 402 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 921 000	8 060 000	15 678 000	12 846 000
Creditors	1 450 000	135 000	507 000	403 000
Unpaid Taxes	2 523 000	1 772 000	948 000	1 011 000
Dividends	0	0	2 000 000	0
Other Current Debt	50 000	73 000	195 000	881 000
Total Current Debt	5 107 000	3 371 000	2 723 000	3 081 000
Total Equity and Debt	56 148 000	40 075 000	36 739 000	29 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,9 %	35,98 %	37,83 %	18,88 %
Debt-to-Equity Ratio	0,69	0,28	0,85	0,96
Operating Profit Margin	13,66 %	51,63 %	47,5 %	32,94 %
Current Ratio	2,02	3,43	2,13	0,54
Quick Ratio	2,04	3,43	2,13	0,56
Equity Ratio	0,54	0,71	0,5	0,46
Gross Profit Margin	94,84 %	94,49 %	95,9 %	96,05 %