SØDALSVEIEN 6 AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

−9,74 %

Current Ratio

0,35

Debt-to-Equity Ratio

3,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 435 000	2 068 000	2 079 000	2 076 000
Net Income	−294 000	312 000	206 000	241 000
Total Assets	14 650 000	16 163 000	16 489 000	17 394 000
Total Equity	3 020 000	3 313 000	3 001 000	3 010 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 435 000	2 068 000	2 079 000	2 076 000
Expenditure	1 302 000	1 298 000	1 384 000	1 222 000
Operating Profit	133 000	770 000	695 000	853 000
Financial Income	7 000	4 000	6 000	11 000
Financial Costs	376 000	242 000	314 000	409 000
Financial Balance	−369 000	−238 000	−308 000	−398 000
Earnings Before Tax	−236 000	533 000	387 000	456 000
Tax	58 000	220 000	181 000	215 000
Net Income	−294 000	312 000	206 000	241 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 272 000	15 125 000	15 281 000	16 264 000
Total Current Assets	378 000	1 039 000	1 208 000	1 130 000
Total Assets	14 650 000	16 163 000	16 489 000	17 394 000
Total Retained Equity	20 000	313 000	1 000	10 000
Total Equity	3 020 000	3 313 000	3 001 000	3 010 000
Total Long-Term Debt	10 540 000	11 160 000	12 224 000	13 344 000
Total Current Debt	1 090 000	1 690 000	1 264 000	1 040 000
Total Equity and Debt	14 650 000	16 163 000	16 489 000	17 394 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 435 000	2 068 000	2 079 000	2 076 000
Revenue	1 435 000	2 068 000	2 079 000	2 076 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	983 000	983 000	983 000	983 000
Impairment	0	0	0	0
Expenditure	1 302 000	1 298 000	1 384 000	1 222 000
Operating Profit	133 000	770 000	695 000	853 000
Financial Income	7 000	4 000	6 000	11 000
Financial Costs	376 000	242 000	314 000	409 000
Financial Balance	−369 000	−238 000	−308 000	−398 000
Dividends	0	0	0	0
Net Income	−294 000	312 000	206 000	241 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 272 000	15 125 000	15 281 000	16 264 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 272 000	15 125 000	15 281 000	16 264 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 272 000	15 125 000	15 281 000	16 264 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	340 000	297 000	561 000	396 000
Total Current Assets	378 000	1 039 000	1 208 000	1 130 000
Total Assets	14 650 000	16 163 000	16 489 000	17 394 000
Total Equity	3 020 000	3 313 000	3 001 000	3 010 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 540 000	11 160 000	12 224 000	13 344 000
Creditors	75 000	933 000	0	1 000
Unpaid Taxes	45 000	0	123 000	141 000
Dividends	0	0	0	0
Other Current Debt	913 000	537 000	1 020 000	758 000
Total Current Debt	1 090 000	1 690 000	1 264 000	1 040 000
Total Equity and Debt	14 650 000	16 163 000	16 489 000	17 394 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,74 %	9,42 %	6,86 %	8,01 %
Debt-to-Equity Ratio	3,49	3,37	4,07	4,43
Operating Profit Margin	9,27 %	37,23 %	33,43 %	41,09 %
Current Ratio	0,35	0,61	0,96	1,09
Quick Ratio	0,35	0,61	0,96	1,09
Equity Ratio	0,21	0,2	0,18	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %