SPORAFJELL UTVIKLINGSSELSKAP AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

26,87 %

Current Ratio

2,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	56 113 000	0	0
Net Income	1 216 000	2 892 000	−117 000	−149 000
Total Assets	7 524 000	21 546 000	33 405 000	32 823 000
Total Equity	4 526 000	11 310 000	8 418 000	8 535 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	56 113 000	0	0
Expenditure	−1 443 000	52 061 000	156 000	217 000
Operating Profit	1 443 000	4 052 000	−156 000	−217 000
Financial Income	36 000	25 000	7 000	27 000
Financial Costs	21 000	0	0	1 000
Financial Balance	15 000	25 000	7 000	26 000
Earnings Before Tax	1 457 000	4 077 000	−150 000	−191 000
Tax	241 000	1 185 000	−33 000	−42 000
Net Income	1 216 000	2 892 000	−117 000	−149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 179 000	1 351 000	1 608 000	0
Total Current Assets	6 346 000	20 194 000	31 797 000	32 823 000
Total Assets	7 524 000	21 546 000	33 405 000	32 823 000
Total Retained Equity	2 326 000	5 181 000	2 289 000	2 406 000
Total Equity	4 526 000	11 310 000	8 418 000	8 535 000
Total Long-Term Debt	0	0	0	15 698 000
Total Current Debt	2 998 000	10 236 000	24 986 000	8 590 000
Total Equity and Debt	7 524 000	21 546 000	33 405 000	32 823 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	56 113 000	0	0
Other Income	0	0	0	0
Revenue	0	56 113 000	0	0
Cost of Goods Sold	−1 538 000	51 869 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−1 443 000	52 061 000	156 000	217 000
Operating Profit	1 443 000	4 052 000	−156 000	−217 000
Financial Income	36 000	25 000	7 000	27 000
Financial Costs	21 000	0	0	1 000
Financial Balance	15 000	25 000	7 000	26 000
Dividends	8 000 000	0	0	0
Net Income	1 216 000	2 892 000	−117 000	−149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	31 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 179 000	1 351 000	1 576 000	0
Total Fixed Assets	1 179 000	1 351 000	1 608 000	0
Stock	0	0	30 684 000	31 610 000
Total Investments	0	0	0	0
Cash, Bank	6 346 000	20 194 000	1 113 000	1 213 000
Total Current Assets	6 346 000	20 194 000	31 797 000	32 823 000
Total Assets	7 524 000	21 546 000	33 405 000	32 823 000
Total Equity	4 526 000	11 310 000	8 418 000	8 535 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	15 698 000
Creditors	32 000	532 000	92 000	5 221 000
Unpaid Taxes	0	0	0	0
Dividends	8 000 000	0	0	0
Other Current Debt	2 725 000	8 550 000	182 000	1 097 000
Total Current Debt	2 998 000	10 236 000	24 986 000	8 590 000
Total Equity and Debt	7 524 000	21 546 000	33 405 000	32 823 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,87 %	25,57 %	−1,39 %	−1,75 %
Debt-to-Equity Ratio	0	0	0	1,84
Operating Profit Margin	-	7,22 %	-	-
Current Ratio	2,12	1,97	1,27	3,82
Quick Ratio	2,12	1,97	−5,58	−1,43
Equity Ratio	0,6	0,52	0,25	0,26
Gross Profit Margin	-	7,56 %	-	-