SYDSETHER EIENDOM AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

−20,68 %

Current Ratio

0,3

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	234 000	246 000	458 000	414 000
Net Income	−133 000	108 000	275 000	237 000
Total Assets	1 355 000	1 446 000	1 570 000	1 617 000
Total Equity	643 000	777 000	669 000	394 000

Income (NOK)	2022	2021	2020	2019
Revenue	234 000	246 000	458 000	414 000
Expenditure	367 000	112 000	103 000	110 000
Operating Profit	−133 000	133 000	355 000	304 000
Financial Income	0	0	0	0
Financial Costs	0	0	8 000	44 000
Financial Balance	0	0	−8 000	−44 000
Earnings Before Tax	−133 000	133 000	347 000	260 000
Tax	0	26 000	72 000	23 000
Net Income	−133 000	108 000	275 000	237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 202 000	1 224 000	1 245 000	1 266 000
Total Current Assets	153 000	223 000	325 000	351 000
Total Assets	1 355 000	1 446 000	1 570 000	1 617 000
Total Retained Equity	443 000	577 000	469 000	194 000
Total Equity	643 000	777 000	669 000	394 000
Total Long-Term Debt	200 000	0	0	866 000
Total Current Debt	512 000	670 000	901 000	357 000
Total Equity and Debt	1 355 000	1 446 000	1 570 000	1 617 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	234 000	246 000	458 000	414 000
Revenue	234 000	246 000	458 000	414 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	21 000	21 000	21 000	21 000
Impairment	0	0	0	0
Expenditure	367 000	112 000	103 000	110 000
Operating Profit	−133 000	133 000	355 000	304 000
Financial Income	0	0	0	0
Financial Costs	0	0	8 000	44 000
Financial Balance	0	0	−8 000	−44 000
Dividends	0	0	0	0
Net Income	−133 000	108 000	275 000	237 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 202 000	1 224 000	1 245 000	1 266 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 202 000	1 224 000	1 245 000	1 266 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 202 000	1 224 000	1 245 000	1 266 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	123 000	214 000	316 000	342 000
Total Current Assets	153 000	223 000	325 000	351 000
Total Assets	1 355 000	1 446 000	1 570 000	1 617 000
Total Equity	643 000	777 000	669 000	394 000
Short-Term Group Debt	0	0	735 000	250 000
Total Long-Term Debt	200 000	0	0	866 000
Creditors	7 000	0	0	0
Unpaid Taxes	0	29 000	94 000	84 000
Dividends	0	0	0	0
Other Current Debt	505 000	615 000	0	0
Total Current Debt	512 000	670 000	901 000	357 000
Total Equity and Debt	1 355 000	1 446 000	1 570 000	1 617 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,68 %	13,9 %	41,11 %	60,15 %
Debt-to-Equity Ratio	0,31	0	0	2,2
Operating Profit Margin	−56,84 %	54,07 %	77,51 %	73,43 %
Current Ratio	0,3	0,33	0,36	0,98
Quick Ratio	0,3	0,33	0,36	0,98
Equity Ratio	0,47	0,54	0,43	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %