SØREGATEN 14 AS

4006 STAVANGER

Finances

Return on Equity

−0,21 %

Current Ratio

1,85

Debt-to-Equity Ratio

6,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 070 000	1 068 000	849 000	769 000
Net Income	−20 000	−10 000	0	1 000
Total Assets	69 789 000	70 958 000	72 235 000	69 843 000
Total Equity	9 604 000	9 624 000	9 634 000	9 634 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 070 000	1 068 000	849 000	769 000
Expenditure	597 000	621 000	421 000	342 000
Operating Profit	472 000	446 000	428 000	427 000
Financial Income	1 827 000	1 368 000	1 601 000	1 801 000
Financial Costs	2 325 000	1 827 000	2 028 000	2 227 000
Financial Balance	−498 000	−459 000	−427 000	−426 000
Earnings Before Tax	−26 000	−13 000	0	1 000
Tax	−6 000	−3 000	0	0
Net Income	−20 000	−10 000	0	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 168 000	69 667 000	70 646 000	68 003 000
Total Current Assets	621 000	1 291 000	1 589 000	1 840 000
Total Assets	69 789 000	70 958 000	72 235 000	69 843 000
Total Retained Equity	2 766 000	2 786 000	2 796 000	2 796 000
Total Equity	9 604 000	9 624 000	9 634 000	9 634 000
Total Long-Term Debt	59 850 000	61 117 000	62 147 000	59 994 000
Total Current Debt	336 000	216 000	454 000	215 000
Total Equity and Debt	69 789 000	70 958 000	72 235 000	69 843 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 070 000	1 068 000	849 000	769 000
Revenue	1 070 000	1 068 000	849 000	769 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	150 000	150 000	150 000	150 000
Impairment	0	0	0	0
Expenditure	597 000	621 000	421 000	342 000
Operating Profit	472 000	446 000	428 000	427 000
Financial Income	1 827 000	1 368 000	1 601 000	1 801 000
Financial Costs	2 325 000	1 827 000	2 028 000	2 227 000
Financial Balance	−498 000	−459 000	−427 000	−426 000
Dividends	0	0	0	0
Net Income	−20 000	−10 000	0	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 574 000	14 725 000	14 875 000	10 523 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 574 000	14 725 000	14 875 000	10 523 000
Total Fiancial Fixed Assets	54 594 000	54 942 000	55 771 000	57 480 000
Total Fixed Assets	69 168 000	69 667 000	70 646 000	68 003 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	95 000	10 000	154 000	344 000
Total Current Assets	621 000	1 291 000	1 589 000	1 840 000
Total Assets	69 789 000	70 958 000	72 235 000	69 843 000
Total Equity	9 604 000	9 624 000	9 634 000	9 634 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	59 850 000	61 117 000	62 147 000	59 994 000
Creditors	78 000	74 000	41 000	42 000
Unpaid Taxes	20 000	11 000	22 000	22 000
Dividends	0	0	0	0
Other Current Debt	238 000	131 000	391 000	151 000
Total Current Debt	336 000	216 000	454 000	215 000
Total Equity and Debt	69 789 000	70 958 000	72 235 000	69 843 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,21 %	−0,1 %	0 %	0,01 %
Debt-to-Equity Ratio	6,23	6,35	6,45	6,23
Operating Profit Margin	44,11 %	41,76 %	50,41 %	55,53 %
Current Ratio	1,85	5,98	3,5	8,56
Quick Ratio	1,85	5,98	3,5	8,56
Equity Ratio	0,14	0,14	0,13	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %