SØBSTADVEIEN NR 2 AS

7088 HEIMDAL

Finances

Share Ownership

Return on Equity

305 %

Current Ratio

0,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 995 000	1 882 000	1 846 000	3 209 000
Net Income	610 000	420 000	99 000	1 303 000
Total Assets	12 397 000	11 892 000	13 009 000	15 151 000
Total Equity	200 000	224 000	340 000	376 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 995 000	1 882 000	1 846 000	3 209 000
Expenditure	861 000	871 000	1 148 000	941 000
Operating Profit	1 135 000	1 011 000	698 000	2 268 000
Financial Income	2 000	3 000	4 000	8 000
Financial Costs	355 000	476 000	575 000	606 000
Financial Balance	−353 000	−473 000	−571 000	−598 000
Earnings Before Tax	782 000	538 000	127 000	1 670 000
Tax	172 000	118 000	28 000	367 000
Net Income	610 000	420 000	99 000	1 303 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 452 000	11 210 000	11 427 000	11 630 000
Total Current Assets	945 000	683 000	1 582 000	3 521 000
Total Assets	12 397 000	11 892 000	13 009 000	15 151 000
Total Retained Equity	185 000	209 000	325 000	361 000
Total Equity	200 000	224 000	340 000	376 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 197 000	11 668 000	12 669 000	14 775 000
Total Equity and Debt	12 397 000	11 892 000	13 009 000	15 151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 000	20 000	0	0
Other Income	1 989 000	1 862 000	1 846 000	3 209 000
Revenue	1 995 000	1 882 000	1 846 000	3 209 000
Cost of Goods Sold	437 000	344 000	562 000	557 000
Salary Costs	0	0	0	0
Depreciation	308 000	285 000	283 000	283 000
Impairment	0	0	0	0
Expenditure	861 000	871 000	1 148 000	941 000
Operating Profit	1 135 000	1 011 000	698 000	2 268 000
Financial Income	2 000	3 000	4 000	8 000
Financial Costs	355 000	476 000	575 000	606 000
Financial Balance	−353 000	−473 000	−571 000	−598 000
Dividends	0	0	0	0
Net Income	610 000	420 000	99 000	1 303 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	72 000	65 000	32 000	22 000
Real Eastate	11 481 000	11 245 000	11 496 000	11 696 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 481 000	11 245 000	11 496 000	11 696 000
Total Fiancial Fixed Assets	−101 000	−101 000	−101 000	−88 000
Total Fixed Assets	11 452 000	11 210 000	11 427 000	11 630 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	955 000	774 000	1 421 000	3 317 000
Total Current Assets	945 000	683 000	1 582 000	3 521 000
Total Assets	12 397 000	11 892 000	13 009 000	15 151 000
Total Equity	200 000	224 000	340 000	376 000
Short-Term Group Debt	12 056 000	11 575 000	12 338 000	14 665 000
Total Long-Term Debt	0	0	0	0
Creditors	114 000	89 000	303 000	79 000
Unpaid Taxes	26 000	4 000	28 000	31 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	12 197 000	11 668 000	12 669 000	14 775 000
Total Equity and Debt	12 397 000	11 892 000	13 009 000	15 151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	305 %	187,5 %	29,12 %	346,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	56,89 %	53,72 %	37,81 %	70,68 %
Current Ratio	0,08	0,06	0,12	0,24
Quick Ratio	0,08	0,06	0,12	0,24
Equity Ratio	0,02	0,02	0,03	0,02
Gross Profit Margin	78,1 %	81,72 %	69,56 %	82,64 %