SØRØYROCKEN

9595 SØRVÆR

Finances

Share Ownership

Return on Equity

64,59 %

Current Ratio

1,57

Debt-to-Equity Ratio

Key figures (NOK)	2019	2014	2012
Revenue	2 602 000	1 722 000	753 000
Net Income	197 000	31 000	102 000
Total Assets	626 000	282 000	163 000
Total Equity	305 000	229 000	102 000

Income (NOK)	2019	2014	2012
Revenue	2 602 000	1 722 000	753 000
Expenditure	2 398 000	1 692 000	651 000
Operating Profit	203 000	30 000	102 000
Financial Income	1 000	2 000	0
Financial Costs	7 000	0	0
Financial Balance	−6 000	2 000	0
Earnings Before Tax	197 000	31 000	102 000
Tax	0	0	0
Net Income	197 000	31 000	102 000

Balance (NOK)	2019	2014	2012
Total Fixed Assets	123 000	0	0
Total Current Assets	503 000	282 000	163 000
Total Assets	626 000	282 000	163 000
Total Retained Equity	305 000	0	0
Total Equity	305 000	229 000	102 000
Total Long-Term Debt	0	0	0
Total Current Debt	321 000	52 000	61 000
Total Equity and Debt	626 000	282 000	163 000

Cash flow (NOK)	2019	2014	2012
Sales Income	2 396 000	1 417 000	495 000
Other Income	205 000	305 000	258 000
Revenue	2 602 000	1 722 000	753 000
Cost of Goods Sold	326 000	1 124 000	472 000
Salary Costs	324 000	200 000	54 000
Depreciation	36 000	0	0
Impairment	0	0	0
Expenditure	2 398 000	1 692 000	651 000
Operating Profit	203 000	30 000	102 000
Financial Income	1 000	2 000	0
Financial Costs	7 000	0	0
Financial Balance	−6 000	2 000	0
Dividends	0	0	0
Net Income	197 000	31 000	102 000

Balance details (NOK)	2019	2014	2012
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	123 000	0	0
Total Tangible Assets	123 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	123 000	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	233 000	14 000	78 000
Total Current Assets	503 000	282 000	163 000
Total Assets	626 000	282 000	163 000
Total Equity	305 000	229 000	102 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	25 000	35 000	0
Unpaid Taxes	44 000	−1 000	26 000
Dividends	0	0	0
Other Current Debt	252 000	18 000	35 000
Total Current Debt	321 000	52 000	61 000
Total Equity and Debt	626 000	282 000	163 000

Financial indicators	2019	2014	2012
Return on Equity	64,59 %	13,54 %	100 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	7,8 %	1,74 %	13,55 %
Current Ratio	1,57	5,42	2,67
Quick Ratio	1,57	5,42	2,67
Equity Ratio	0,49	0,81	0,63
Gross Profit Margin	87,47 %	34,73 %	37,32 %