SMIVEIEN 1 SØRFOLD BORETTSLAG

8200 FAUSKE

Finances

Share Ownership

Return on Equity

31,1 %

Current Ratio

7,97

Debt-to-Equity Ratio

8,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	950 000	866 000	864 000	576 000
Net Income	557 000	59 000	429 000	145 000
Total Assets	17 974 000	17 711 000	18 105 000	18 129 000
Total Equity	1 791 000	1 257 000	1 197 000	768 000

Income (NOK)	2022	2021	2020	2019
Revenue	950 000	866 000	864 000	576 000
Expenditure	279 000	710 000	238 000	219 000
Operating Profit	672 000	156 000	627 000	357 000
Financial Income	1 000	0	0	0
Financial Costs	116 000	96 000	198 000	212 000
Financial Balance	−115 000	−96 000	−198 000	−212 000
Earnings Before Tax	557 000	59 000	429 000	145 000
Tax	0	0	0	0
Net Income	557 000	59 000	429 000	145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 408 000	17 408 000	17 408 000	17 408 000
Total Current Assets	566 000	303 000	697 000	721 000
Total Assets	17 974 000	17 711 000	18 105 000	18 129 000
Total Retained Equity	1 751 000	1 217 000	1 157 000	728 000
Total Equity	1 791 000	1 257 000	1 197 000	768 000
Total Long-Term Debt	16 090 000	16 409 000	16 883 000	17 304 000
Total Current Debt	71 000	45 000	25 000	56 000
Total Equity and Debt	17 951 000	17 711 000	18 105 000	18 129 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	950 000	866 000	864 000	576 000
Revenue	950 000	866 000	864 000	576 000
Cost of Goods Sold	0	0	0	0
Salary Costs	13 000	7 000	11 000	10 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	279 000	710 000	238 000	219 000
Operating Profit	672 000	156 000	627 000	357 000
Financial Income	1 000	0	0	0
Financial Costs	116 000	96 000	198 000	212 000
Financial Balance	−115 000	−96 000	−198 000	−212 000
Dividends	0	0	0	0
Net Income	557 000	59 000	429 000	145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 408 000	17 408 000	17 408 000	17 408 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	17 408 000	17 408 000	17 408 000	17 408 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 408 000	17 408 000	17 408 000	17 408 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	533 000	281 000	697 000	721 000
Total Current Assets	566 000	303 000	697 000	721 000
Total Assets	17 974 000	17 711 000	18 105 000	18 129 000
Total Equity	1 791 000	1 257 000	1 197 000	768 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 090 000	16 409 000	16 883 000	17 304 000
Creditors	32 000	28 000	5 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	39 000	17 000	21 000	54 000
Total Current Debt	71 000	45 000	25 000	56 000
Total Equity and Debt	17 951 000	17 711 000	18 105 000	18 129 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,1 %	4,69 %	35,84 %	18,88 %
Debt-to-Equity Ratio	8,98	13,05	14,1	22,53
Operating Profit Margin	70,74 %	18,01 %	72,57 %	61,98 %
Current Ratio	7,97	6,73	27,88	12,88
Quick Ratio	7,97	6,73	27,88	12,88
Equity Ratio	0,1	0,07	0,07	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %