SØCO EIENDOM AS

1608 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

24,05 %

Current Ratio

0,5

Debt-to-Equity Ratio

4,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 146 000	816 000	616 000	566 000
Net Income	420 000	272 000	167 000	133 000
Total Assets	10 621 000	8 524 000	8 402 000	6 664 000
Total Equity	1 746 000	1 326 000	1 054 000	887 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 146 000	816 000	616 000	566 000
Expenditure	306 000	263 000	205 000	248 000
Operating Profit	840 000	553 000	411 000	319 000
Financial Income	0	0	0	0
Financial Costs	301 000	205 000	197 000	148 000
Financial Balance	−301 000	−205 000	−197 000	−148 000
Earnings Before Tax	539 000	348 000	214 000	171 000
Tax	119 000	77 000	47 000	38 000
Net Income	420 000	272 000	167 000	133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 256 000	8 256 000	8 256 000	6 204 000
Total Current Assets	365 000	269 000	146 000	459 000
Total Assets	10 621 000	8 524 000	8 402 000	6 664 000
Total Retained Equity	1 203 000	783 000	511 000	344 000
Total Equity	1 746 000	1 326 000	1 054 000	887 000
Total Long-Term Debt	8 147 000	6 481 000	6 627 000	5 075 000
Total Current Debt	727 000	718 000	721 000	702 000
Total Equity and Debt	10 621 000	8 524 000	8 402 000	6 664 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	6 000	0
Other Income	1 146 000	816 000	610 000	566 000
Revenue	1 146 000	816 000	616 000	566 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	306 000	263 000	205 000	248 000
Operating Profit	840 000	553 000	411 000	319 000
Financial Income	0	0	0	0
Financial Costs	301 000	205 000	197 000	148 000
Financial Balance	−301 000	−205 000	−197 000	−148 000
Dividends	0	0	0	0
Net Income	420 000	272 000	167 000	133 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 256 000	8 256 000	8 256 000	6 204 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 256 000	8 256 000	8 256 000	6 204 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 256 000	8 256 000	8 256 000	6 204 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	356 000	259 000	88 000	439 000
Total Current Assets	365 000	269 000	146 000	459 000
Total Assets	10 621 000	8 524 000	8 402 000	6 664 000
Total Equity	1 746 000	1 326 000	1 054 000	887 000
Short-Term Group Debt	619 000	619 000	657 000	657 000
Total Long-Term Debt	8 147 000	6 481 000	6 627 000	5 075 000
Creditors	−28 000	5 000	13 000	7 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	17 000	17 000	4 000	0
Total Current Debt	727 000	718 000	721 000	702 000
Total Equity and Debt	10 621 000	8 524 000	8 402 000	6 664 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,05 %	20,51 %	15,84 %	14,99 %
Debt-to-Equity Ratio	4,67	4,89	6,29	5,72
Operating Profit Margin	73,3 %	67,77 %	66,72 %	56,36 %
Current Ratio	0,5	0,37	0,2	0,65
Quick Ratio	0,5	0,37	0,2	0,65
Equity Ratio	0,16	0,16	0,13	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %