SOGN SPAREBANK

6885 ÅRDALSTANGEN

Finances

Return on Equity

9,76 %

Current Ratio

1,1

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	168 183 000	150 000 000	159 879 000	153 683 000
Net Income	104 357 000	58 999 000	32 269 000	28 144 000
Total Assets	7 249 287 000	7 246 009 000	7 134 646 000	6 677 220 000
Total Equity	1 069 764 000	975 542 000	924 971 000	902 152 000

Income (NOK)	2022	2021	2020	2019
Revenue	168 183 000	150 000 000	159 879 000	153 683 000
Expenditure	95 210 000	94 351 000	104 202 000	98 699 000
Operating Profit	90 778 000	69 105 000	55 677 000	54 984 000
Financial Income	0	0	0	0
Financial Costs	6 524 000	4 412 000	18 965 000	24 296 000
Financial Balance	−6 524 000	−4 412 000	−18 965 000	−24 296 000
Earnings Before Tax	84 254 000	64 693 000	36 712 000	30 688 000
Tax	−16 961 000	−12 429 000	4 443 000	2 544 000
Net Income	104 357 000	58 999 000	32 269 000	28 144 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	433 344 000	366 261 000	369 050 000	415 302 000
Total Current Assets	6 727 889 000	6 783 829 000	6 760 064 000	6 256 386 000
Total Assets	7 249 287 000	7 246 009 000	7 134 646 000	6 677 220 000
Total Retained Equity	966 000 000	871 778 000	821 207 000	798 388 000
Total Equity	1 069 764 000	975 542 000	924 971 000	902 152 000
Total Long-Term Debt	21 223 000	16 395 000	17 976 000	1 753 000
Total Current Debt	6 116 427 000	6 221 081 000	6 191 699 000	5 773 315 000
Total Equity and Debt	7 249 287 000	7 246 010 000	65 527 000	91 886 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	168 183 000	150 000 000	159 879 000	153 683 000
Cost of Goods Sold	0	0	0	0
Salary Costs	37 978 000	41 828 000	52 464 000	41 084 000
Depreciation	6 647 000	5 960 000	5 749 000	7 022 000
Impairment	0	0	0	0
Expenditure	95 210 000	94 351 000	104 202 000	98 699 000
Operating Profit	90 778 000	69 105 000	55 677 000	54 984 000
Financial Income	0	0	0	0
Financial Costs	6 524 000	4 412 000	18 965 000	24 296 000
Financial Balance	−6 524 000	−4 412 000	−18 965 000	−24 296 000
Dividends	0	0	0	0
Net Income	104 357 000	58 999 000	32 269 000	28 144 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	51 362 000	53 579 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	2 959 000
Total Tangible Assets	76 157 000	66 330 000	65 090 000	70 233 000
Total Fiancial Fixed Assets	357 187 000	299 931 000	303 960 000	345 069 000
Total Fixed Assets	433 344 000	366 261 000	369 050 000	415 302 000
Stock	0	0	0	0
Total Investments	387 761 000	503 419 000	423 533 000	341 515 000
Cash, Bank	0	0	0	0
Total Current Assets	6 727 889 000	6 783 829 000	6 760 064 000	6 256 386 000
Total Assets	7 249 287 000	7 246 009 000	7 134 646 000	6 677 220 000
Total Equity	1 069 764 000	975 542 000	924 971 000	902 152 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 223 000	16 395 000	17 976 000	1 753 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 007 555 000	6 073 727 000	5 921 075 000	5 573 191 000
Total Current Debt	6 116 427 000	6 221 081 000	6 191 699 000	5 773 315 000
Total Equity and Debt	7 249 287 000	7 246 010 000	65 527 000	91 886 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,76 %	6,05 %	3,49 %	3,12 %
Debt-to-Equity Ratio	0,02	0,02	0,02	0
Operating Profit Margin	53,98 %	46,07 %	34,82 %	35,78 %
Current Ratio	1,1	1,09	1,09	1,08
Quick Ratio	1,1	1,09	1,09	1,08
Equity Ratio	0,15	0,13	0,13	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %