SØRVIG UTVIKLING AS

8890 LEIRFJORD

Finances

Return on Equity

34,16 %

Current Ratio

0,88

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 465 000	1 032 000	1 495 000	1 614 000
Net Income	553 000	49 000	406 000	237 000
Total Assets	2 557 000	1 439 000	1 616 000	1 249 000
Total Equity	1 619 000	1 066 000	1 017 000	610 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 465 000	1 032 000	1 495 000	1 614 000
Expenditure	734 000	948 000	963 000	1 298 000
Operating Profit	731 000	84 000	531 000	317 000
Financial Income	0	0	0	0
Financial Costs	1 000	3 000	8 000	12 000
Financial Balance	−1 000	−3 000	−8 000	−12 000
Earnings Before Tax	731 000	81 000	523 000	304 000
Tax	177 000	32 000	117 000	67 000
Net Income	553 000	49 000	406 000	237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 767 000	1 026 000	453 000	520 000
Total Current Assets	790 000	413 000	1 163 000	729 000
Total Assets	2 557 000	1 439 000	1 616 000	1 249 000
Total Retained Equity	1 428 000	874 000	825 000	419 000
Total Equity	1 619 000	1 066 000	1 017 000	610 000
Total Long-Term Debt	40 000	48 000	145 000	214 000
Total Current Debt	898 000	325 000	455 000	425 000
Total Equity and Debt	2 557 000	1 439 000	1 616 000	1 249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 465 000	1 032 000	1 495 000	1 545 000
Other Income	0	0	0	69 000
Revenue	1 465 000	1 032 000	1 495 000	1 614 000
Cost of Goods Sold	0	0	0	0
Salary Costs	319 000	582 000	574 000	837 000
Depreciation	128 000	127 000	127 000	115 000
Impairment	0	0	0	0
Expenditure	734 000	948 000	963 000	1 298 000
Operating Profit	731 000	84 000	531 000	317 000
Financial Income	0	0	0	0
Financial Costs	1 000	3 000	8 000	12 000
Financial Balance	−1 000	−3 000	−8 000	−12 000
Dividends	0	0	0	0
Net Income	553 000	49 000	406 000	237 000

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	0	0	0	0
Fixtures	105 000	206 000	333 000	460 000
Total Tangible Assets	105 000	206 000	333 000	460 000
Total Fiancial Fixed Assets	1 663 000	821 000	120 000	60 000
Total Fixed Assets	1 767 000	1 026 000	453 000	520 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	734 000	413 000	1 142 000	659 000
Total Current Assets	790 000	413 000	1 163 000	729 000
Total Assets	2 557 000	1 439 000	1 616 000	1 249 000
Total Equity	1 619 000	1 066 000	1 017 000	610 000
Short-Term Group Debt	180 000	0	0	0
Total Long-Term Debt	40 000	48 000	145 000	214 000
Creditors	13 000	16 000	30 000	2 000
Unpaid Taxes	203 000	149 000	174 000	282 000
Dividends	0	0	0	0
Other Current Debt	364 000	127 000	123 000	85 000
Total Current Debt	898 000	325 000	455 000	425 000
Total Equity and Debt	2 557 000	1 439 000	1 616 000	1 249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,16 %	4,6 %	39,92 %	38,85 %
Debt-to-Equity Ratio	0,02	0,05	0,14	0,35
Operating Profit Margin	49,9 %	8,14 %	35,52 %	19,64 %
Current Ratio	0,88	1,27	2,56	1,72
Quick Ratio	0,88	1,27	2,56	1,72
Equity Ratio	0,63	0,74	0,63	0,49
Gross Profit Margin	100 %	100 %	100 %	100 %