SJØFORSEN EIENDOM AS

8646 KORGEN

Finances

Share Ownership

Return on Equity

27,8 %

Current Ratio

3,98

Debt-to-Equity Ratio

6,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	890 000	960 000	1 013 000	1 174 000
Net Income	241 000	156 000	10 000	496 000
Total Assets	7 035 000	7 271 000	7 217 000	8 079 000
Total Equity	867 000	844 000	925 000	914 000

Income (NOK)	2022	2021	2020	2019
Revenue	890 000	960 000	1 013 000	1 174 000
Expenditure	278 000	424 000	639 000	353 000
Operating Profit	612 000	536 000	374 000	821 000
Financial Income	5 000	0	1 000	1 000
Financial Costs	314 000	314 000	332 000	186 000
Financial Balance	−309 000	−314 000	−331 000	−185 000
Earnings Before Tax	303 000	222 000	43 000	636 000
Tax	62 000	67 000	32 000	140 000
Net Income	241 000	156 000	10 000	496 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 458 000	5 681 000	5 986 000	6 950 000
Total Current Assets	1 578 000	1 589 000	1 231 000	1 129 000
Total Assets	7 035 000	7 271 000	7 217 000	8 079 000
Total Retained Equity	748 000	725 000	806 000	801 000
Total Equity	867 000	844 000	925 000	914 000
Total Long-Term Debt	5 772 000	5 988 000	6 197 000	6 405 000
Total Current Debt	396 000	438 000	95 000	759 000
Total Equity and Debt	7 035 000	7 271 000	7 217 000	8 079 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	−600 000
Other Income	890 000	960 000	1 013 000	1 774 000
Revenue	890 000	960 000	1 013 000	1 174 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	266 000	285 000	285 000	285 000
Impairment	0	0	0	0
Expenditure	278 000	424 000	639 000	353 000
Operating Profit	612 000	536 000	374 000	821 000
Financial Income	5 000	0	1 000	1 000
Financial Costs	314 000	314 000	332 000	186 000
Financial Balance	−309 000	−314 000	−331 000	−185 000
Dividends	0	0	0	0
Net Income	241 000	156 000	10 000	496 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 249 000	4 515 000	4 801 000	5 086 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 249 000	4 515 000	4 801 000	5 086 000
Total Fiancial Fixed Assets	1 209 000	1 166 000	1 185 000	1 864 000
Total Fixed Assets	5 458 000	5 681 000	5 986 000	6 950 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	844 000	969 000	1 114 000	926 000
Total Current Assets	1 578 000	1 589 000	1 231 000	1 129 000
Total Assets	7 035 000	7 271 000	7 217 000	8 079 000
Total Equity	867 000	844 000	925 000	914 000
Short-Term Group Debt	280 000	303 000	3 000	676 000
Total Long-Term Debt	5 772 000	5 988 000	6 197 000	6 405 000
Creditors	5 000	115 000	4 000	32 000
Unpaid Taxes	39 000	18 000	39 000	49 000
Dividends	0	0	0	0
Other Current Debt	72 000	2 000	2 000	2 000
Total Current Debt	396 000	438 000	95 000	759 000
Total Equity and Debt	7 035 000	7 271 000	7 217 000	8 079 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,8 %	18,48 %	1,08 %	54,27 %
Debt-to-Equity Ratio	6,66	7,09	6,7	7,01
Operating Profit Margin	68,76 %	55,83 %	36,92 %	69,93 %
Current Ratio	3,98	3,63	12,96	1,49
Quick Ratio	3,98	3,63	12,96	1,49
Equity Ratio	0,12	0,12	0,13	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %