SYDVESTEN LOKALAVIS AS

5147 FYLLINGSDALEN

Finances

Return on Equity

−18,85 %

Current Ratio

2,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 763 000	3 940 000	3 441 000	3 985 000
Net Income	−461 000	−74 000	−351 000	−428 000
Total Assets	4 095 000	5 741 000	305 000	416 000
Total Equity	2 446 000	−346 000	−5 666 000	−5 315 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 763 000	3 940 000	3 441 000	3 985 000
Expenditure	4 354 000	3 841 000	3 619 000	4 212 000
Operating Profit	−592 000	99 000	−179 000	−226 000
Financial Income	7 000	3 000	3 000	4 000
Financial Costs	108 000	176 000	175 000	206 000
Financial Balance	−101 000	−173 000	−172 000	−202 000
Earnings Before Tax	−693 000	−74 000	−351 000	−428 000
Tax	−233 000	0	0	0
Net Income	−461 000	−74 000	−351 000	−428 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	20 000	11 000	17 000
Total Current Assets	4 064 000	5 721 000	294 000	400 000
Total Assets	4 095 000	5 741 000	305 000	416 000
Total Retained Equity	0	−446 000	−5 766 000	−5 415 000
Total Equity	2 446 000	−346 000	−5 666 000	−5 315 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 649 000	6 087 000	5 971 000	5 731 000
Total Equity and Debt	4 095 000	5 741 000	305 000	416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 763 000	3 728 000	3 409 000	3 985 000
Other Income	0	213 000	32 000	0
Revenue	3 763 000	3 940 000	3 441 000	3 985 000
Cost of Goods Sold	2 278 000	2 060 000	2 049 000	2 530 000
Salary Costs	1 405 000	1 187 000	980 000	1 108 000
Depreciation	10 000	7 000	5 000	0
Impairment	0	0	0	0
Expenditure	4 354 000	3 841 000	3 619 000	4 212 000
Operating Profit	−592 000	99 000	−179 000	−226 000
Financial Income	7 000	3 000	3 000	4 000
Financial Costs	108 000	176 000	175 000	206 000
Financial Balance	−101 000	−173 000	−172 000	−202 000
Dividends	0	0	0	0
Net Income	−461 000	−74 000	−351 000	−428 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	5 000	10 000	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	14 000	0	0
Total Tangible Assets	9 000	14 000	0	0
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	30 000	20 000	11 000	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	275 000	69 000	62 000	48 000
Total Current Assets	4 064 000	5 721 000	294 000	400 000
Total Assets	4 095 000	5 741 000	305 000	416 000
Total Equity	2 446 000	−346 000	−5 666 000	−5 315 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	251 000	121 000	102 000	161 000
Unpaid Taxes	108 000	111 000	87 000	107 000
Dividends	0	0	0	0
Other Current Debt	1 290 000	5 855 000	5 782 000	5 463 000
Total Current Debt	1 649 000	6 087 000	5 971 000	5 731 000
Total Equity and Debt	4 095 000	5 741 000	305 000	416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,85 %	21,39 %	6,19 %	8,05 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	−15,73 %	2,51 %	−5,2 %	−5,67 %
Current Ratio	2,46	0,94	0,05	0,07
Quick Ratio	2,46	0,94	0,05	0,07
Equity Ratio	0,6	−0,06	−18,58	−12,78
Gross Profit Margin	39,46 %	47,72 %	40,45 %	36,51 %