SMIVEIEN 2 SØRFOLD BORETTSLAG

8200 FAUSKE

Finances

Share Ownership

Return on Equity

28,53 %

Current Ratio

10,86

Debt-to-Equity Ratio

9,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	922 000	898 000	744 000	542 000
Net Income	505 000	544 000	312 000	60 000
Total Assets	18 849 000	18 764 000	18 669 000	18 571 000
Total Equity	1 770 000	1 265 000	721 000	420 000

Income (NOK)	2022	2021	2020	2019
Revenue	922 000	898 000	744 000	542 000
Expenditure	279 000	257 000	236 000	275 000
Operating Profit	642 000	640 000	508 000	267 000
Financial Income	0	0	0	0
Financial Costs	138 000	96 000	197 000	207 000
Financial Balance	−138 000	−96 000	−197 000	−207 000
Earnings Before Tax	505 000	544 000	312 000	60 000
Tax	0	0	0	0
Net Income	505 000	544 000	312 000	60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 100 000	18 100 000	18 100 000	18 100 000
Total Current Assets	749 000	664 000	569 000	471 000
Total Assets	18 849 000	18 764 000	18 669 000	18 571 000
Total Retained Equity	1 730 000	1 225 000	681 000	380 000
Total Equity	1 770 000	1 265 000	721 000	420 000
Total Long-Term Debt	17 009 000	17 451 000	17 904 000	18 100 000
Total Current Debt	69 000	47 000	44 000	51 000
Total Equity and Debt	18 849 000	18 764 000	18 669 000	18 571 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	922 000	898 000	744 000	542 000
Revenue	922 000	898 000	744 000	542 000
Cost of Goods Sold	0	0	0	0
Salary Costs	8 000	8 000	8 000	7 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	279 000	257 000	236 000	275 000
Operating Profit	642 000	640 000	508 000	267 000
Financial Income	0	0	0	0
Financial Costs	138 000	96 000	197 000	207 000
Financial Balance	−138 000	−96 000	−197 000	−207 000
Dividends	0	0	0	0
Net Income	505 000	544 000	312 000	60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 100 000	18 100 000	18 100 000	18 100 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 100 000	18 100 000	18 100 000	18 100 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 100 000	18 100 000	18 100 000	18 100 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	723 000	632 000	536 000	471 000
Total Current Assets	749 000	664 000	569 000	471 000
Total Assets	18 849 000	18 764 000	18 669 000	18 571 000
Total Equity	1 770 000	1 265 000	721 000	420 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 009 000	17 451 000	17 904 000	18 100 000
Creditors	36 000	33 000	28 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	33 000	14 000	17 000	46 000
Total Current Debt	69 000	47 000	44 000	51 000
Total Equity and Debt	18 849 000	18 764 000	18 669 000	18 571 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,53 %	43 %	43,27 %	14,29 %
Debt-to-Equity Ratio	9,61	13,8	24,83	43,1
Operating Profit Margin	69,63 %	71,27 %	68,28 %	49,26 %
Current Ratio	10,86	14,13	12,93	9,24
Quick Ratio	10,86	14,13	12,93	9,24
Equity Ratio	0,09	0,07	0,04	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %