SETHØYEN BORETTSLAG

5059 BERGEN

Finances

Share Ownership

Return on Equity

27,32 %

Current Ratio

55,56

Debt-to-Equity Ratio

9,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 373 000	2 136 000	3 629 000	2 310 000
Net Income	1 096 000	1 048 000	2 361 000	−599 000
Total Assets	42 165 000	41 781 000	41 528 000	42 475 000
Total Equity	4 011 000	2 915 000	1 867 000	−494 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 373 000	2 136 000	3 629 000	2 310 000
Expenditure	490 000	593 000	462 000	2 883 000
Operating Profit	1 883 000	1 543 000	3 168 000	−573 000
Financial Income	1 000	0	0	4 000
Financial Costs	788 000	495 000	807 000	199 000
Financial Balance	−787 000	−495 000	−807 000	−195 000
Earnings Before Tax	1 096 000	1 048 000	2 361 000	−768 000
Tax	0	0	0	−169 000
Net Income	1 096 000	1 048 000	2 361 000	−599 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 275 000	41 253 000	41 253 000	41 253 000
Total Current Assets	889 000	528 000	275 000	1 222 000
Total Assets	42 165 000	41 781 000	41 528 000	42 475 000
Total Retained Equity	3 906 000	2 810 000	1 762 000	−599 000
Total Equity	4 011 000	2 915 000	1 867 000	−494 000
Total Long-Term Debt	38 138 000	38 798 000	39 563 000	35 571 000
Total Current Debt	16 000	68 000	98 000	7 398 000
Total Equity and Debt	42 165 000	41 781 000	41 528 000	42 475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 373 000	2 136 000	3 629 000	2 310 000
Revenue	2 373 000	2 136 000	3 629 000	2 310 000
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	490 000	593 000	462 000	2 883 000
Operating Profit	1 883 000	1 543 000	3 168 000	−573 000
Financial Income	1 000	0	0	4 000
Financial Costs	788 000	495 000	807 000	199 000
Financial Balance	−787 000	−495 000	−807 000	−195 000
Dividends	0	0	0	0
Net Income	1 096 000	1 048 000	2 361 000	−599 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	41 253 000	41 253 000	41 253 000	41 253 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	41 253 000	41 253 000	41 253 000	41 253 000
Total Fiancial Fixed Assets	23 000	0	0	0
Total Fixed Assets	41 275 000	41 253 000	41 253 000	41 253 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	770 000	432 000	268 000	847 000
Total Current Assets	889 000	528 000	275 000	1 222 000
Total Assets	42 165 000	41 781 000	41 528 000	42 475 000
Total Equity	4 011 000	2 915 000	1 867 000	−494 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	38 138 000	38 798 000	39 563 000	35 571 000
Creditors	10 000	64 000	15 000	106 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 000	80 000	7 270 000
Total Current Debt	16 000	68 000	98 000	7 398 000
Total Equity and Debt	42 165 000	41 781 000	41 528 000	42 475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,32 %	35,95 %	126,46 %	121,26 %
Debt-to-Equity Ratio	9,51	13,31	21,19	−72,01
Operating Profit Margin	79,35 %	72,24 %	87,3 %	−24,81 %
Current Ratio	55,56	7,76	2,81	0,17
Quick Ratio	55,56	7,76	2,81	0,17
Equity Ratio	0,1	0,07	0,04	−0,01
Gross Profit Margin	100 %	100 %	100 %	100 %