SOMMERVIND AS

9912 HESSENG

Finances

Share Ownership

Return on Equity

2,17 %

Current Ratio

3,1

Debt-to-Equity Ratio

1,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 000	96 000	96 000	96 000
Net Income	19 000	37 000	17 000	−104 000
Total Assets	1 887 000	1 894 000	1 891 000	2 823 000
Total Equity	874 000	856 000	818 000	801 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 000	96 000	96 000	96 000
Expenditure	38 000	27 000	34 000	156 000
Operating Profit	58 000	69 000	62 000	−60 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	41 000	33 000	46 000	45 000
Financial Balance	−40 000	−32 000	−45 000	−45 000
Earnings Before Tax	19 000	37 000	17 000	−104 000
Tax	0	0	0	0
Net Income	19 000	37 000	17 000	−104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 856 000	1 856 000	1 856 000	1 856 000
Total Current Assets	31 000	38 000	35 000	967 000
Total Assets	1 887 000	1 894 000	1 891 000	2 823 000
Total Retained Equity	−106 000	−124 000	−162 000	−179 000
Total Equity	874 000	856 000	818 000	801 000
Total Long-Term Debt	1 003 000	1 033 000	1 064 000	2 019 000
Total Current Debt	10 000	6 000	9 000	3 000
Total Equity and Debt	1 887 000	1 894 000	1 891 000	2 823 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	96 000	96 000	96 000	96 000
Revenue	96 000	96 000	96 000	96 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	38 000	27 000	34 000	156 000
Operating Profit	58 000	69 000	62 000	−60 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	41 000	33 000	46 000	45 000
Financial Balance	−40 000	−32 000	−45 000	−45 000
Dividends	0	0	0	0
Net Income	19 000	37 000	17 000	−104 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 856 000	1 856 000	1 856 000	1 856 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 856 000	1 856 000	1 856 000	1 856 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 856 000	1 856 000	1 856 000	1 856 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	23 000	30 000	28 000	10 000
Total Current Assets	31 000	38 000	35 000	967 000
Total Assets	1 887 000	1 894 000	1 891 000	2 823 000
Total Equity	874 000	856 000	818 000	801 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 003 000	1 033 000	1 064 000	2 019 000
Creditors	4 000	0	3 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	6 000	6 000	3 000
Total Current Debt	10 000	6 000	9 000	3 000
Total Equity and Debt	1 887 000	1 894 000	1 891 000	2 823 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,17 %	4,32 %	2,08 %	−12,98 %
Debt-to-Equity Ratio	1,15	1,21	1,3	2,52
Operating Profit Margin	60,42 %	71,88 %	64,58 %	−62,5 %
Current Ratio	3,1	6,33	3,89	322,33
Quick Ratio	3,1	6,33	3,89	322,33
Equity Ratio	0,46	0,45	0,43	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %