SØRHEIM EIENDOMSUTVIKLING AS

5239 RÅDAL

Finances

Share Ownership

Return on Equity

40,87 %

Current Ratio

2,79

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 317 000	2 225 000	1 066 000	694 000
Net Income	1 926 000	1 406 000	613 000	287 000
Total Assets	9 911 000	9 117 000	7 118 000	6 141 000
Total Equity	4 712 000	2 786 000	1 381 000	768 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 317 000	2 225 000	1 066 000	694 000
Expenditure	732 000	288 000	150 000	212 000
Operating Profit	2 585 000	1 937 000	916 000	482 000
Financial Income	2 000	0	0	0
Financial Costs	118 000	135 000	131 000	130 000
Financial Balance	−116 000	−135 000	−131 000	−130 000
Earnings Before Tax	2 469 000	1 802 000	786 000	352 000
Tax	543 000	397 000	173 000	65 000
Net Income	1 926 000	1 406 000	613 000	287 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 981 000	6 718 000	6 080 000	5 559 000
Total Current Assets	2 930 000	2 399 000	1 038 000	582 000
Total Assets	9 911 000	9 117 000	7 118 000	6 141 000
Total Retained Equity	4 682 000	2 756 000	1 351 000	738 000
Total Equity	4 712 000	2 786 000	1 381 000	768 000
Total Long-Term Debt	4 148 000	5 603 000	5 369 000	5 224 000
Total Current Debt	1 050 000	727 000	369 000	149 000
Total Equity and Debt	9 911 000	9 117 000	7 118 000	6 141 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 317 000	2 225 000	1 066 000	694 000
Revenue	3 317 000	2 225 000	1 066 000	694 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	282 000	164 000	24 000	0
Impairment	0	0	0	0
Expenditure	732 000	288 000	150 000	212 000
Operating Profit	2 585 000	1 937 000	916 000	482 000
Financial Income	2 000	0	0	0
Financial Costs	118 000	135 000	131 000	130 000
Financial Balance	−116 000	−135 000	−131 000	−130 000
Dividends	0	0	0	0
Net Income	1 926 000	1 406 000	613 000	287 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 815 000	5 815 000	5 815 000	5 559 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 166 000	902 000	264 000	0
Total Tangible Assets	6 981 000	6 718 000	6 080 000	5 559 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 981 000	6 718 000	6 080 000	5 559 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 486 000	2 054 000	833 000	503 000
Total Current Assets	2 930 000	2 399 000	1 038 000	582 000
Total Assets	9 911 000	9 117 000	7 118 000	6 141 000
Total Equity	4 712 000	2 786 000	1 381 000	768 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 148 000	5 603 000	5 369 000	5 224 000
Creditors	14 000	−12 000	6 000	15 000
Unpaid Taxes	152 000	108 000	66 000	18 000
Dividends	0	0	0	0
Other Current Debt	338 000	243 000	138 000	50 000
Total Current Debt	1 050 000	727 000	369 000	149 000
Total Equity and Debt	9 911 000	9 117 000	7 118 000	6 141 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,87 %	50,47 %	44,39 %	37,37 %
Debt-to-Equity Ratio	0,88	2,01	3,89	6,8
Operating Profit Margin	77,93 %	87,06 %	85,93 %	69,45 %
Current Ratio	2,79	3,3	2,81	3,91
Quick Ratio	2,79	3,3	2,81	3,91
Equity Ratio	0,48	0,31	0,19	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %