SONOVO AS

4327 SANDNES

Finances

Share Ownership

Return on Equity

22,63 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 000	61 000	105 000	441 000
Net Income	−55 000	−16 000	−66 000	−149 000
Total Assets	21 000	79 000	98 000	140 000
Total Equity	−243 000	−188 000	−172 000	−106 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 000	61 000	105 000	441 000
Expenditure	65 000	76 000	170 000	590 000
Operating Profit	−55 000	−15 000	−65 000	−149 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−55 000	−16 000	−64 000	−149 000
Tax	0	0	2 000	0
Net Income	−55 000	−16 000	−66 000	−149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	24 000	34 000	27 000
Total Current Assets	4 000	55 000	64 000	113 000
Total Assets	21 000	79 000	98 000	140 000
Total Retained Equity	−343 000	−288 000	−272 000	−206 000
Total Equity	−243 000	−188 000	−172 000	−106 000
Total Long-Term Debt	0	−8 000	0	0
Total Current Debt	264 000	275 000	270 000	245 000
Total Equity and Debt	21 000	79 000	98 000	140 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 000	61 000	105 000	441 000
Other Income	0	0	0	0
Revenue	10 000	61 000	105 000	441 000
Cost of Goods Sold	0	0	11 000	10 000
Salary Costs	2 000	25 000	20 000	283 000
Depreciation	7 000	10 000	15 000	0
Impairment	0	0	0	0
Expenditure	65 000	76 000	170 000	590 000
Operating Profit	−55 000	−15 000	−65 000	−149 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	−55 000	−16 000	−66 000	−149 000

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	17 000	24 000	34 000	27 000
Total Tangible Assets	17 000	24 000	34 000	27 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	24 000	34 000	27 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	38 000	48 000	103 000
Total Current Assets	4 000	55 000	64 000	113 000
Total Assets	21 000	79 000	98 000	140 000
Total Equity	−243 000	−188 000	−172 000	−106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	−8 000	0	0
Creditors	−1 000	8 000	9 000	10 000
Unpaid Taxes	1 000	6 000	1 000	−4 000
Dividends	0	0	0	0
Other Current Debt	264 000	261 000	260 000	241 000
Total Current Debt	264 000	275 000	270 000	245 000
Total Equity and Debt	21 000	79 000	98 000	140 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,63 %	8,51 %	38,37 %	140,57 %
Debt-to-Equity Ratio	−0	0,04	−0	−0
Operating Profit Margin	−550 %	−24,59 %	−61,9 %	−33,79 %
Current Ratio	0,02	0,2	0,24	0,46
Quick Ratio	0,02	0,2	0,24	0,46
Equity Ratio	−11,57	−2,38	−1,76	−0,76
Gross Profit Margin	100 %	100 %	89,52 %	97,73 %