SØGÅRD AS

1642 SALTNES

Finances

Share Ownership

Return on Equity

19,53 %

Current Ratio

15,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	753 000	1 134 000	63 000	473 000
Net Income	356 000	420 000	−11 000	17 000
Total Assets	1 952 000	2 559 000	2 052 000	2 809 000
Total Equity	1 823 000	1 467 000	2 047 000	2 059 000

Income (NOK)	2022	2021	2020	2019
Revenue	753 000	1 134 000	63 000	473 000
Expenditure	300 000	614 000	78 000	467 000
Operating Profit	452 000	521 000	−15 000	6 000
Financial Income	5 000	2 000	4 000	12 000
Financial Costs	0	0	0	0
Financial Balance	5 000	2 000	4 000	12 000
Earnings Before Tax	456 000	523 000	−11 000	17 000
Tax	100 000	103 000	0	0
Net Income	356 000	420 000	−11 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 952 000	2 559 000	2 052 000	2 809 000
Total Assets	1 952 000	2 559 000	2 052 000	2 809 000
Total Retained Equity	1 723 000	1 367 000	1 947 000	1 959 000
Total Equity	1 823 000	1 467 000	2 047 000	2 059 000
Total Long-Term Debt	0	989 000	0	750 000
Total Current Debt	129 000	103 000	4 000	0
Total Equity and Debt	1 952 000	2 559 000	2 052 000	2 809 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	753 000	1 134 000	63 000	473 000
Other Income	0	0	0	0
Revenue	753 000	1 134 000	63 000	473 000
Cost of Goods Sold	264 000	574 000	29 000	379 000
Salary Costs	0	0	8 000	6 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	300 000	614 000	78 000	467 000
Operating Profit	452 000	521 000	−15 000	6 000
Financial Income	5 000	2 000	4 000	12 000
Financial Costs	0	0	0	0
Financial Balance	5 000	2 000	4 000	12 000
Dividends	0	0	0	0
Net Income	356 000	420 000	−11 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	718 000	831 000	1 107 000	1 107 000
Total Investments	0	0	0	0
Cash, Bank	484 000	1 715 000	854 000	1 634 000
Total Current Assets	1 952 000	2 559 000	2 052 000	2 809 000
Total Assets	1 952 000	2 559 000	2 052 000	2 809 000
Total Equity	1 823 000	1 467 000	2 047 000	2 059 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	989 000	0	750 000
Creditors	0	0	4 000	0
Unpaid Taxes	28 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	129 000	103 000	4 000	0
Total Equity and Debt	1 952 000	2 559 000	2 052 000	2 809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,53 %	28,63 %	−0,54 %	0,83 %
Debt-to-Equity Ratio	0	0,67	0	0,36
Operating Profit Margin	60,03 %	45,94 %	−23,81 %	1,27 %
Current Ratio	15,13	24,84	513	-
Quick Ratio	−3,31	−3,52	−1,86	−2,54
Equity Ratio	0,93	0,57	1	0,73
Gross Profit Margin	64,94 %	49,38 %	53,97 %	19,87 %