SOMMERKROVEIEN 6B AS

4313 SANDNES

Finances

Return on Equity

11,06 %

Current Ratio

1,76

Debt-to-Equity Ratio

2,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	626 000	6 086 000	1 283 000	1 239 000
Net Income	222 000	4 086 000	563 000	545 000
Total Assets	8 746 000	5 887 000	11 394 000	11 759 000
Total Equity	2 008 000	3 579 000	7 993 000	7 431 000

Income (NOK)	2022	2021	2020	2019
Revenue	626 000	6 086 000	1 283 000	1 239 000
Expenditure	351 000	760 000	486 000	437 000
Operating Profit	275 000	5 326 000	798 000	802 000
Financial Income	11 000	6 000	8 000	16 000
Financial Costs	1 000	80 000	84 000	120 000
Financial Balance	10 000	−74 000	−76 000	−104 000
Earnings Before Tax	285 000	5 252 000	722 000	698 000
Tax	63 000	1 166 000	159 000	154 000
Net Income	222 000	4 086 000	563 000	545 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 911 000	5 175 000	11 174 000	11 523 000
Total Current Assets	3 835 000	712 000	220 000	236 000
Total Assets	8 746 000	5 887 000	11 394 000	11 759 000
Total Retained Equity	8 000	1 579 000	5 993 000	5 431 000
Total Equity	2 008 000	3 579 000	7 993 000	7 431 000
Total Long-Term Debt	4 565 000	1 872 000	3 203 000	3 636 000
Total Current Debt	2 173 000	436 000	197 000	692 000
Total Equity and Debt	8 746 000	5 887 000	11 394 000	11 759 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	5 490 000	0	0
Other Income	626 000	596 000	1 283 000	1 239 000
Revenue	626 000	6 086 000	1 283 000	1 239 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	265 000	265 000	350 000	347 000
Impairment	0	0	0	0
Expenditure	351 000	760 000	486 000	437 000
Operating Profit	275 000	5 326 000	798 000	802 000
Financial Income	11 000	6 000	8 000	16 000
Financial Costs	1 000	80 000	84 000	120 000
Financial Balance	10 000	−74 000	−76 000	−104 000
Dividends	0	8 500 000	0	500 000
Net Income	222 000	4 086 000	563 000	545 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 895 000	5 151 000	10 942 000	11 283 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	24 000	33 000	41 000
Total Tangible Assets	4 911 000	5 175 000	10 975 000	11 324 000
Total Fiancial Fixed Assets	0	0	199 000	199 000
Total Fixed Assets	4 911 000	5 175 000	11 174 000	11 523 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	712 000	0	0
Total Current Assets	3 835 000	712 000	220 000	236 000
Total Assets	8 746 000	5 887 000	11 394 000	11 759 000
Total Equity	2 008 000	3 579 000	7 993 000	7 431 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 565 000	1 872 000	3 203 000	3 636 000
Creditors	9 000	35 000	5 000	4 000
Unpaid Taxes	0	70 000	0	3 000
Dividends	0	8 500 000	0	500 000
Other Current Debt	0	0	0	0
Total Current Debt	2 173 000	436 000	197 000	692 000
Total Equity and Debt	8 746 000	5 887 000	11 394 000	11 759 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,06 %	114,17 %	7,04 %	7,33 %
Debt-to-Equity Ratio	2,27	0,52	0,4	0,49
Operating Profit Margin	43,93 %	87,51 %	62,2 %	64,73 %
Current Ratio	1,76	1,63	1,12	0,34
Quick Ratio	1,76	1,63	1,12	0,34
Equity Ratio	0,23	0,61	0,7	0,63
Gross Profit Margin	100 %	100 %	100 %	100 %