SOCRATES EIENDOM AS

2406 ELVERUM

Finances

Share Ownership

Return on Equity

−39,16 %

Current Ratio

0,18

Debt-to-Equity Ratio

7,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	315 000	281 000	510 000	793 000
Net Income	−316 000	−212 000	51 000	247 000
Total Assets	7 700 000	7 825 000	7 576 000	7 659 000
Total Equity	807 000	1 124 000	1 336 000	1 285 000

Income (NOK)	2022	2021	2020	2019
Revenue	315 000	281 000	510 000	793 000
Expenditure	281 000	205 000	187 000	205 000
Operating Profit	34 000	76 000	323 000	589 000
Financial Income	0	0	0	0
Financial Costs	350 000	288 000	261 000	270 000
Financial Balance	−350 000	−288 000	−261 000	−270 000
Earnings Before Tax	−316 000	−212 000	61 000	319 000
Tax	0	0	11 000	72 000
Net Income	−316 000	−212 000	51 000	247 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 548 000	7 548 000	7 548 000	7 548 000
Total Current Assets	152 000	277 000	28 000	111 000
Total Assets	7 700 000	7 825 000	7 576 000	7 659 000
Total Retained Equity	407 000	724 000	936 000	885 000
Total Equity	807 000	1 124 000	1 336 000	1 285 000
Total Long-Term Debt	6 028 000	6 169 000	6 195 000	6 211 000
Total Current Debt	865 000	533 000	46 000	163 000
Total Equity and Debt	7 700 000	7 825 000	7 576 000	7 659 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	−4 000	60 000	121 000
Other Income	315 000	285 000	450 000	672 000
Revenue	315 000	281 000	510 000	793 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	10 000
Impairment	0	0	0	0
Expenditure	281 000	205 000	187 000	205 000
Operating Profit	34 000	76 000	323 000	589 000
Financial Income	0	0	0	0
Financial Costs	350 000	288 000	261 000	270 000
Financial Balance	−350 000	−288 000	−261 000	−270 000
Dividends	0	0	0	0
Net Income	−316 000	−212 000	51 000	247 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 548 000	7 548 000	7 548 000	7 548 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 548 000	7 548 000	7 548 000	7 548 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 548 000	7 548 000	7 548 000	7 548 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	145 000	269 000	15 000	40 000
Total Current Assets	152 000	277 000	28 000	111 000
Total Assets	7 700 000	7 825 000	7 576 000	7 659 000
Total Equity	807 000	1 124 000	1 336 000	1 285 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 028 000	6 169 000	6 195 000	6 211 000
Creditors	808 000	465 000	5 000	19 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	57 000	67 000	30 000	72 000
Total Current Debt	865 000	533 000	46 000	163 000
Total Equity and Debt	7 700 000	7 825 000	7 576 000	7 659 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,16 %	−18,86 %	3,82 %	19,22 %
Debt-to-Equity Ratio	7,47	5,49	4,64	4,83
Operating Profit Margin	10,79 %	27,05 %	63,33 %	74,27 %
Current Ratio	0,18	0,52	0,61	0,68
Quick Ratio	0,18	0,52	0,61	0,68
Equity Ratio	0,1	0,14	0,18	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %