SØVIG EIENDOM AS

4633 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

9,37 %

Current Ratio

1,79

Debt-to-Equity Ratio

1,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 704 000	1 648 000	1 570 000	1 551 000
Net Income	520 000	510 000	373 000	271 000
Total Assets	16 782 000	17 213 000	17 626 000	18 224 000
Total Equity	5 549 000	5 029 000	4 519 000	4 146 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 704 000	1 648 000	1 570 000	1 551 000
Expenditure	681 000	671 000	654 000	663 000
Operating Profit	1 024 000	977 000	916 000	888 000
Financial Income	18 000	8 000	4 000	22 000
Financial Costs	375 000	331 000	442 000	564 000
Financial Balance	−357 000	−323 000	−438 000	−542 000
Earnings Before Tax	667 000	653 000	478 000	347 000
Tax	147 000	144 000	105 000	76 000
Net Income	520 000	510 000	373 000	271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 438 000	16 792 000	17 298 000	17 922 000
Total Current Assets	344 000	422 000	328 000	302 000
Total Assets	16 782 000	17 213 000	17 626 000	18 224 000
Total Retained Equity	5 267 000	4 747 000	4 238 000	3 865 000
Total Equity	5 549 000	5 029 000	4 519 000	4 146 000
Total Long-Term Debt	11 041 000	12 008 000	13 000 000	14 000 000
Total Current Debt	192 000	176 000	107 000	77 000
Total Equity and Debt	16 782 000	17 213 000	17 626 000	18 224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 704 000	1 648 000	1 570 000	1 551 000
Revenue	1 704 000	1 648 000	1 570 000	1 551 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	467 000	467 000	467 000	467 000
Impairment	0	0	0	0
Expenditure	681 000	671 000	654 000	663 000
Operating Profit	1 024 000	977 000	916 000	888 000
Financial Income	18 000	8 000	4 000	22 000
Financial Costs	375 000	331 000	442 000	564 000
Financial Balance	−357 000	−323 000	−438 000	−542 000
Dividends	0	0	0	0
Net Income	520 000	510 000	373 000	271 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	39 000	103 000
Real Eastate	16 438 000	16 792 000	17 259 000	17 819 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 438 000	16 792 000	17 259 000	17 819 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 438 000	16 792 000	17 298 000	17 922 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	344 000	422 000	328 000	302 000
Total Assets	16 782 000	17 213 000	17 626 000	18 224 000
Total Equity	5 549 000	5 029 000	4 519 000	4 146 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 041 000	12 008 000	13 000 000	14 000 000
Creditors	47 000	6 000	0	12 000
Unpaid Taxes	31 000	73 000	64 000	64 000
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	1 000	1 000
Total Current Debt	192 000	176 000	107 000	77 000
Total Equity and Debt	16 782 000	17 213 000	17 626 000	18 224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,37 %	10,14 %	8,25 %	6,54 %
Debt-to-Equity Ratio	1,99	2,39	2,88	3,38
Operating Profit Margin	60,09 %	59,28 %	58,34 %	57,25 %
Current Ratio	1,79	2,4	3,07	3,92
Quick Ratio	1,79	2,4	3,07	3,92
Equity Ratio	0,33	0,29	0,26	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %