SØRESTRANDA EIENDOM AS

6222 IKORNNES

Finances

Share Ownership

Return on Equity

3,22 %

Current Ratio

0,12

Debt-to-Equity Ratio

1,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	335 000	309 000	283 000	291 000
Net Income	29 000	17 000	6 000	21 000
Total Assets	2 618 000	2 685 000	2 699 000	2 797 000
Total Equity	901 000	872 000	855 000	849 000

Income (NOK)	2022	2021	2020	2019
Revenue	335 000	309 000	283 000	291 000
Expenditure	229 000	239 000	216 000	185 000
Operating Profit	107 000	71 000	68 000	106 000
Financial Income	3 000	3 000	3 000	1 000
Financial Costs	72 000	52 000	62 000	81 000
Financial Balance	−69 000	−49 000	−59 000	−80 000
Earnings Before Tax	38 000	21 000	8 000	26 000
Tax	8 000	5 000	2 000	6 000
Net Income	29 000	17 000	6 000	21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 594 000	2 652 000	2 662 000	2 732 000
Total Current Assets	24 000	33 000	37 000	65 000
Total Assets	2 618 000	2 685 000	2 699 000	2 797 000
Total Retained Equity	605 000	575 000	559 000	552 000
Total Equity	901 000	872 000	855 000	849 000
Total Long-Term Debt	1 523 000	1 662 000	1 801 000	1 907 000
Total Current Debt	194 000	151 000	43 000	41 000
Total Equity and Debt	2 618 000	2 685 000	2 699 000	2 797 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	335 000	309 000	283 000	291 000
Other Income	0	0	0	0
Revenue	335 000	309 000	283 000	291 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	58 000	58 000	61 000	61 000
Impairment	0	0	0	0
Expenditure	229 000	239 000	216 000	185 000
Operating Profit	107 000	71 000	68 000	106 000
Financial Income	3 000	3 000	3 000	1 000
Financial Costs	72 000	52 000	62 000	81 000
Financial Balance	−69 000	−49 000	−59 000	−80 000
Dividends	0	0	0	0
Net Income	29 000	17 000	6 000	21 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 594 000	2 652 000	2 662 000	2 719 000
Machinery and Plant Facilities	0	0	0	13 000
Fixtures	0	0	0	0
Total Tangible Assets	2 594 000	2 652 000	2 662 000	2 732 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 594 000	2 652 000	2 662 000	2 732 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	21 000	20 000	55 000
Total Current Assets	24 000	33 000	37 000	65 000
Total Assets	2 618 000	2 685 000	2 699 000	2 797 000
Total Equity	901 000	872 000	855 000	849 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 523 000	1 662 000	1 801 000	1 907 000
Creditors	21 000	19 000	6 000	6 000
Unpaid Taxes	13 000	13 000	26 000	26 000
Dividends	0	0	0	0
Other Current Debt	150 000	113 000	6 000	5 000
Total Current Debt	194 000	151 000	43 000	41 000
Total Equity and Debt	2 618 000	2 685 000	2 699 000	2 797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,22 %	1,95 %	0,7 %	2,47 %
Debt-to-Equity Ratio	1,69	1,91	2,11	2,25
Operating Profit Margin	31,94 %	22,98 %	24,03 %	36,43 %
Current Ratio	0,12	0,22	0,86	1,59
Quick Ratio	0,12	0,22	0,86	1,59
Equity Ratio	0,34	0,32	0,32	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %