SORTLAND EIGEDOM AS

6885 ÅRDALSTANGEN

Finances

Share Ownership

Return on Equity

23,42 %

Current Ratio

2,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	386 000	375 000	397 000	420 000
Net Income	222 000	168 000	134 000	182 000
Total Assets	1 319 000	1 256 000	1 211 000	1 288 000
Total Equity	948 000	946 000	938 000	940 000

Income (NOK)	2022	2021	2020	2019
Revenue	386 000	375 000	397 000	420 000
Expenditure	116 000	161 000	228 000	194 000
Operating Profit	271 000	214 000	169 000	227 000
Financial Income	14 000	2 000	3 000	7 000
Financial Costs	0	0	0	0
Financial Balance	14 000	2 000	3 000	7 000
Earnings Before Tax	284 000	215 000	172 000	233 000
Tax	63 000	47 000	38 000	51 000
Net Income	222 000	168 000	134 000	182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	421 000	442 000	528 000	628 000
Total Current Assets	899 000	814 000	683 000	660 000
Total Assets	1 319 000	1 256 000	1 211 000	1 288 000
Total Retained Equity	10 000	8 000	0	2 000
Total Equity	948 000	946 000	938 000	940 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	372 000	310 000	273 000	348 000
Total Equity and Debt	1 319 000	1 256 000	1 211 000	1 288 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	386 000	375 000	397 000	420 000
Revenue	386 000	375 000	397 000	420 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	20 000	101 000	120 000	120 000
Impairment	0	0	0	0
Expenditure	116 000	161 000	228 000	194 000
Operating Profit	271 000	214 000	169 000	227 000
Financial Income	14 000	2 000	3 000	7 000
Financial Costs	0	0	0	0
Financial Balance	14 000	2 000	3 000	7 000
Dividends	220 000	160 000	136 000	180 000
Net Income	222 000	168 000	134 000	182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	139 000	141 000	125 000	106 000
Real Eastate	282 000	301 000	403 000	522 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	282 000	301 000	403 000	522 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	421 000	442 000	528 000	628 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	895 000	814 000	683 000	660 000
Total Current Assets	899 000	814 000	683 000	660 000
Total Assets	1 319 000	1 256 000	1 211 000	1 288 000
Total Equity	948 000	946 000	938 000	940 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	3 000	2 000	4 000
Unpaid Taxes	88 000	84 000	78 000	94 000
Dividends	220 000	160 000	136 000	180 000
Other Current Debt	0	0	0	0
Total Current Debt	372 000	310 000	273 000	348 000
Total Equity and Debt	1 319 000	1 256 000	1 211 000	1 288 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,42 %	17,76 %	14,29 %	19,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	70,21 %	57,07 %	42,57 %	54,05 %
Current Ratio	2,42	2,63	2,5	1,9
Quick Ratio	2,42	2,63	2,5	1,9
Equity Ratio	0,72	0,75	0,77	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %