SMIVEIEN 3 SØRFOLD BORETTSLAG

8200 FAUSKE

Finances

Share Ownership

Return on Equity

26,19 %

Current Ratio

17,1

Debt-to-Equity Ratio

9,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	938 000	938 000	694 000	694 000
Net Income	495 000	504 000	195 000	186 000
Total Assets	20 060 000	20 033 000	19 999 000	19 784 000
Total Equity	1 890 000	1 395 000	890 000	720 000

Income (NOK)	2022	2021	2020	2019
Revenue	938 000	938 000	694 000	694 000
Expenditure	298 000	282 000	269 000	277 000
Operating Profit	641 000	656 000	425 000	418 000
Financial Income	1 000	0	1 000	0
Financial Costs	146 000	152 000	231 000	233 000
Financial Balance	−145 000	−152 000	−230 000	−233 000
Earnings Before Tax	495 000	504 000	195 000	186 000
Tax	0	0	0	0
Net Income	495 000	504 000	195 000	186 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000 000	19 000 000	19 000 000	19 000 000
Total Current Assets	1 060 000	1 033 000	999 000	784 000
Total Assets	20 060 000	20 033 000	19 999 000	19 784 000
Total Retained Equity	1 850 000	1 355 000	850 000	680 000
Total Equity	1 890 000	1 395 000	890 000	720 000
Total Long-Term Debt	18 109 000	18 582 000	19 050 000	19 000 000
Total Current Debt	62 000	57 000	59 000	63 000
Total Equity and Debt	20 060 000	20 033 000	19 999 000	19 784 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	938 000	938 000	694 000	694 000
Revenue	938 000	938 000	694 000	694 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 000	15 000	14 000	15 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	298 000	282 000	269 000	277 000
Operating Profit	641 000	656 000	425 000	418 000
Financial Income	1 000	0	1 000	0
Financial Costs	146 000	152 000	231 000	233 000
Financial Balance	−145 000	−152 000	−230 000	−233 000
Dividends	0	0	0	0
Net Income	495 000	504 000	195 000	186 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 000 000	19 000 000	19 000 000	19 000 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	19 000 000	19 000 000	19 000 000	19 000 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 000 000	19 000 000	19 000 000	19 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 038 000	1 012 000	979 000	783 000
Total Current Assets	1 060 000	1 033 000	999 000	784 000
Total Assets	20 060 000	20 033 000	19 999 000	19 784 000
Total Equity	1 890 000	1 395 000	890 000	720 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 109 000	18 582 000	19 050 000	19 000 000
Creditors	33 000	27 000	27 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	29 000	30 000	32 000	59 000
Total Current Debt	62 000	57 000	59 000	63 000
Total Equity and Debt	20 060 000	20 033 000	19 999 000	19 784 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,19 %	36,13 %	21,91 %	25,83 %
Debt-to-Equity Ratio	9,58	13,32	21,4	26,39
Operating Profit Margin	68,34 %	69,94 %	61,24 %	60,23 %
Current Ratio	17,1	18,12	16,93	12,44
Quick Ratio	17,1	18,12	16,93	12,44
Equity Ratio	0,09	0,07	0,04	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %