SOUTHGARDEN AS

6070 TJØRVÅG

Finances

Return on Equity

19,72 %

Current Ratio

129,21

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	164 000	158 000	0	8 000
Net Income	3 748 000	10 399 000	8 642 000	−10 000
Total Assets	21 051 000	20 348 000	8 800 000	522 000
Total Equity	19 008 000	15 860 000	7 461 000	19 000

Income (NOK)	2022	2021	2020	2019
Revenue	164 000	158 000	0	8 000
Expenditure	199 000	69 000	29 000	3 000
Operating Profit	−35 000	89 000	−29 000	5 000
Financial Income	4 508 000	10 618 000	8 720 000	0
Financial Costs	733 000	135 000	4 000	15 000
Financial Balance	3 775 000	10 483 000	8 716 000	−15 000
Earnings Before Tax	3 740 000	10 572 000	8 687 000	−10 000
Tax	−8 000	173 000	45 000	0
Net Income	3 748 000	10 399 000	8 642 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 579 000	5 228 000	634 000	169 000
Total Current Assets	14 472 000	15 120 000	8 166 000	353 000
Total Assets	21 051 000	20 348 000	8 800 000	522 000
Total Retained Equity	18 978 000	15 830 000	7 431 000	−11 000
Total Equity	19 008 000	15 860 000	7 461 000	19 000
Total Long-Term Debt	1 931 000	4 314 000	0	380 000
Total Current Debt	112 000	174 000	1 339 000	123 000
Total Equity and Debt	21 051 000	20 348 000	8 800 000	522 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 000	8 000	0	8 000
Other Income	120 000	150 000	0	0
Revenue	164 000	158 000	0	8 000
Cost of Goods Sold	44 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	199 000	69 000	29 000	3 000
Operating Profit	−35 000	89 000	−29 000	5 000
Financial Income	4 508 000	10 618 000	8 720 000	0
Financial Costs	733 000	135 000	4 000	15 000
Financial Balance	3 775 000	10 483 000	8 716 000	−15 000
Dividends	0	2 000 000	1 200 000	0
Net Income	3 748 000	10 399 000	8 642 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 707 000	4 568 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	490 000	490 000	464 000	0
Total Tangible Assets	5 197 000	5 059 000	464 000	0
Total Fiancial Fixed Assets	1 382 000	169 000	169 000	169 000
Total Fixed Assets	6 579 000	5 228 000	634 000	169 000
Stock	0	0	0	0
Total Investments	11 451 000	9 197 000	1 805 000	295 000
Cash, Bank	1 994 000	5 884 000	6 327 000	23 000
Total Current Assets	14 472 000	15 120 000	8 166 000	353 000
Total Assets	21 051 000	20 348 000	8 800 000	522 000
Total Equity	19 008 000	15 860 000	7 461 000	19 000
Short-Term Group Debt	100 000	97 000	93 000	0
Total Long-Term Debt	1 931 000	4 314 000	0	380 000
Creditors	0	6 000	0	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	2 000 000	1 200 000	0
Other Current Debt	12 000	7 000	0	118 000
Total Current Debt	112 000	174 000	1 339 000	123 000
Total Equity and Debt	21 051 000	20 348 000	8 800 000	522 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,72 %	65,57 %	115,83 %	−52,63 %
Debt-to-Equity Ratio	0,1	0,27	0	20
Operating Profit Margin	−21,34 %	56,33 %	-	62,5 %
Current Ratio	129,21	86,9	6,1	2,87
Quick Ratio	129,21	86,9	6,1	2,87
Equity Ratio	0,9	0,78	0,85	0,04
Gross Profit Margin	73,17 %	100 %	-	100 %