SOMMERVEGEN 9 AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

86,17 %

Current Ratio

6,97

Debt-to-Equity Ratio

35,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 009 000	1 138 000	1 074 000	1 612 000
Net Income	642 000	−748 000	−189 000	116 000
Total Assets	27 579 000	12 862 000	8 535 000	9 109 000
Total Equity	745 000	108 000	524 000	713 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 009 000	1 138 000	1 074 000	1 612 000
Expenditure	1 791 000	1 702 000	964 000	1 220 000
Operating Profit	1 218 000	−564 000	111 000	391 000
Financial Income	141 000	0	0	0
Financial Costs	769 000	277 000	300 000	227 000
Financial Balance	−628 000	−277 000	−300 000	−227 000
Earnings Before Tax	590 000	−841 000	−189 000	165 000
Tax	−52 000	−93 000	0	48 000
Net Income	642 000	−748 000	−189 000	116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 252 000	12 286 000	8 428 000	8 484 000
Total Current Assets	2 327 000	576 000	107 000	625 000
Total Assets	27 579 000	12 862 000	8 535 000	9 109 000
Total Retained Equity	236 000	−401 000	347 000	535 000
Total Equity	745 000	108 000	524 000	713 000
Total Long-Term Debt	26 500 000	12 192 000	7 995 000	8 300 000
Total Current Debt	334 000	563 000	16 000	96 000
Total Equity and Debt	27 579 000	12 862 000	8 535 000	9 109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 009 000	1 138 000	1 074 000	1 612 000
Revenue	3 009 000	1 138 000	1 074 000	1 612 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	57 000	152 000
Depreciation	36 000	0	56 000	55 000
Impairment	0	0	0	0
Expenditure	1 791 000	1 702 000	964 000	1 220 000
Operating Profit	1 218 000	−564 000	111 000	391 000
Financial Income	141 000	0	0	0
Financial Costs	769 000	277 000	300 000	227 000
Financial Balance	−628 000	−277 000	−300 000	−227 000
Dividends	0	0	0	0
Net Income	642 000	−748 000	−189 000	116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	145 000	0	0	0
Real Eastate	13 907 000	12 163 000	8 428 000	8 484 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	144 000	123 000	0	0
Total Tangible Assets	14 051 000	12 286 000	8 428 000	8 484 000
Total Fiancial Fixed Assets	11 055 000	0	0	0
Total Fixed Assets	25 252 000	12 286 000	8 428 000	8 484 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 297 000	134 000	96 000	613 000
Total Current Assets	2 327 000	576 000	107 000	625 000
Total Assets	27 579 000	12 862 000	8 535 000	9 109 000
Total Equity	745 000	108 000	524 000	713 000
Short-Term Group Debt	6 000	0	0	0
Total Long-Term Debt	26 500 000	12 192 000	7 995 000	8 300 000
Creditors	128 000	352 000	0	8 000
Unpaid Taxes	0	0	0	5 000
Dividends	0	0	0	0
Other Current Debt	108 000	211 000	16 000	34 000
Total Current Debt	334 000	563 000	16 000	96 000
Total Equity and Debt	27 579 000	12 862 000	8 535 000	9 109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,17 %	−692,59 %	−36,07 %	16,27 %
Debt-to-Equity Ratio	35,57	112,89	15,26	11,64
Operating Profit Margin	40,48 %	−49,56 %	10,34 %	24,26 %
Current Ratio	6,97	1,02	6,69	6,51
Quick Ratio	6,97	1,02	6,69	6,51
Equity Ratio	0,03	0,01	0,06	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %