SORTLAND HANDELSEIENDOM AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

82,26 %

Current Ratio

0,01

Debt-to-Equity Ratio

21,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 359 000	7 956 000	7 653 000	7 422 000
Net Income	3 041 000	3 415 000	2 141 000	2 569 000
Total Assets	86 324 000	83 142 000	92 870 000	89 484 000
Total Equity	3 697 000	3 378 000	2 980 000	2 495 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 359 000	7 956 000	7 653 000	7 422 000
Expenditure	2 231 000	2 149 000	2 122 000	2 008 000
Operating Profit	6 128 000	5 807 000	5 531 000	5 413 000
Financial Income	0	0	0	5 000
Financial Costs	2 229 000	1 428 000	2 786 000	2 125 000
Financial Balance	−2 229 000	−1 428 000	−2 786 000	−2 120 000
Earnings Before Tax	3 898 000	4 379 000	2 745 000	3 294 000
Tax	858 000	963 000	604 000	725 000
Net Income	3 041 000	3 415 000	2 141 000	2 569 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	86 299 000	82 675 000	84 051 000	85 428 000
Total Current Assets	25 000	467 000	8 818 000	4 056 000
Total Assets	86 324 000	83 142 000	92 870 000	89 484 000
Total Retained Equity	3 598 000	3 280 000	2 882 000	2 397 000
Total Equity	3 697 000	3 378 000	2 980 000	2 495 000
Total Long-Term Debt	78 623 000	75 886 000	87 748 000	84 430 000
Total Current Debt	4 004 000	3 878 000	2 142 000	2 559 000
Total Equity and Debt	86 324 000	83 142 000	92 870 000	89 484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 359 000	7 956 000	7 653 000	7 422 000
Other Income	0	0	0	0
Revenue	8 359 000	7 956 000	7 653 000	7 422 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 376 000	1 376 000	1 376 000	1 376 000
Impairment	0	0	0	0
Expenditure	2 231 000	2 149 000	2 122 000	2 008 000
Operating Profit	6 128 000	5 807 000	5 531 000	5 413 000
Financial Income	0	0	0	5 000
Financial Costs	2 229 000	1 428 000	2 786 000	2 125 000
Financial Balance	−2 229 000	−1 428 000	−2 786 000	−2 120 000
Dividends	0	0	0	0
Net Income	3 041 000	3 415 000	2 141 000	2 569 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	86 299 000	82 675 000	84 051 000	85 428 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	86 299 000	82 675 000	84 051 000	85 428 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	86 299 000	82 675 000	84 051 000	85 428 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	25 000	467 000	8 818 000	4 056 000
Total Assets	86 324 000	83 142 000	92 870 000	89 484 000
Total Equity	3 697 000	3 378 000	2 980 000	2 495 000
Short-Term Group Debt	3 994 000	3 868 000	2 127 000	2 551 000
Total Long-Term Debt	78 623 000	75 886 000	87 748 000	84 430 000
Creditors	2 000	2 000	2 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	8 000	13 000	8 000
Total Current Debt	4 004 000	3 878 000	2 142 000	2 559 000
Total Equity and Debt	86 324 000	83 142 000	92 870 000	89 484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,26 %	101,1 %	71,85 %	102,97 %
Debt-to-Equity Ratio	21,27	22,46	29,45	33,84
Operating Profit Margin	73,31 %	72,99 %	72,27 %	72,93 %
Current Ratio	0,01	0,12	4,12	1,58
Quick Ratio	0,01	0,12	4,12	1,58
Equity Ratio	0,04	0,04	0,03	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %