SOKRATES EIENDOM AS

8516 NARVIK

Finances

Share Ownership

Return on Equity

27,68 %

Current Ratio

63,91

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	420 000	620 000	120 000	0
Net Income	292 000	471 000	−122 000	−161 000
Total Assets	1 612 000	1 390 000	1 063 000	917 000
Total Equity	1 055 000	763 000	292 000	75 000

Income (NOK)	2022	2021	2020	2019
Revenue	420 000	620 000	120 000	0
Expenditure	96 000	117 000	192 000	107 000
Operating Profit	324 000	503 000	−72 000	−107 000
Financial Income	2 000	0	0	0
Financial Costs	35 000	32 000	50 000	54 000
Financial Balance	−33 000	−32 000	−50 000	−54 000
Earnings Before Tax	292 000	471 000	−122 000	−161 000
Tax	0	0	0	0
Net Income	292 000	471 000	−122 000	−161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	909 000	909 000	909 000	909 000
Total Current Assets	703 000	481 000	154 000	8 000
Total Assets	1 612 000	1 390 000	1 063 000	917 000
Total Retained Equity	−2 760 000	−3 052 000	−3 523 000	−3 401 000
Total Equity	1 055 000	763 000	292 000	75 000
Total Long-Term Debt	546 000	619 000	691 000	837 000
Total Current Debt	11 000	8 000	80 000	6 000
Total Equity and Debt	1 612 000	1 390 000	1 063 000	917 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	420 000	620 000	120 000	0
Revenue	420 000	620 000	120 000	0
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	96 000	117 000	192 000	107 000
Operating Profit	324 000	503 000	−72 000	−107 000
Financial Income	2 000	0	0	0
Financial Costs	35 000	32 000	50 000	54 000
Financial Balance	−33 000	−32 000	−50 000	−54 000
Dividends	0	0	0	0
Net Income	292 000	471 000	−122 000	−161 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	909 000	909 000	909 000	909 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	909 000	909 000	909 000	909 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	909 000	909 000	909 000	909 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	189 000	42 000	31 000	8 000
Total Current Assets	703 000	481 000	154 000	8 000
Total Assets	1 612 000	1 390 000	1 063 000	917 000
Total Equity	1 055 000	763 000	292 000	75 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	546 000	619 000	691 000	837 000
Creditors	7 000	5 000	4 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	3 000	76 000	5 000
Total Current Debt	11 000	8 000	80 000	6 000
Total Equity and Debt	1 612 000	1 390 000	1 063 000	917 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,68 %	61,73 %	−41,78 %	−214,67 %
Debt-to-Equity Ratio	0,52	0,81	2,37	11,16
Operating Profit Margin	77,14 %	81,13 %	−60 %	-
Current Ratio	63,91	60,13	1,93	1,33
Quick Ratio	63,91	60,13	1,93	1,33
Equity Ratio	0,65	0,55	0,27	0,08
Gross Profit Margin	100 %	100 %	100 %	-