SORTLAND BILSENTER AS

8403 SORTLAND

Finances

Share Ownership

Return on Equity

11,15 %

Current Ratio

2,57

Debt-to-Equity Ratio

1,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 359 000	3 273 000	3 273 000	3 225 000
Net Income	897 000	399 000	730 000	553 000
Total Assets	19 576 000	19 449 000	20 723 000	20 625 000
Total Equity	8 044 000	7 146 000	6 747 000	6 017 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 359 000	3 273 000	3 273 000	3 225 000
Expenditure	1 701 000	2 162 000	1 700 000	1 833 000
Operating Profit	1 658 000	1 111 000	1 574 000	1 392 000
Financial Income	34 000	0	0	1 000
Financial Costs	541 000	599 000	638 000	684 000
Financial Balance	−507 000	−599 000	−638 000	−683 000
Earnings Before Tax	1 151 000	512 000	936 000	709 000
Tax	253 000	113 000	206 000	156 000
Net Income	897 000	399 000	730 000	553 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 039 000	19 148 000	20 495 000	19 992 000
Total Current Assets	1 537 000	301 000	228 000	633 000
Total Assets	19 576 000	19 449 000	20 723 000	20 625 000
Total Retained Equity	7 544 000	6 646 000	6 247 000	5 517 000
Total Equity	8 044 000	7 146 000	6 747 000	6 017 000
Total Long-Term Debt	10 933 000	11 828 000	13 406 000	14 135 000
Total Current Debt	599 000	474 000	570 000	472 000
Total Equity and Debt	19 576 000	19 449 000	20 723 000	20 625 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 359 000	3 273 000	3 273 000	3 225 000
Revenue	3 359 000	3 273 000	3 273 000	3 225 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 367 000	1 347 000	1 347 000	1 340 000
Impairment	0	0	0	0
Expenditure	1 701 000	2 162 000	1 700 000	1 833 000
Operating Profit	1 658 000	1 111 000	1 574 000	1 392 000
Financial Income	34 000	0	0	1 000
Financial Costs	541 000	599 000	638 000	684 000
Financial Balance	−507 000	−599 000	−638 000	−683 000
Dividends	0	0	0	0
Net Income	897 000	399 000	730 000	553 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	0	0	0
Real Eastate	18 021 000	19 148 000	20 495 000	19 992 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 021 000	19 148 000	20 495 000	19 992 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 039 000	19 148 000	20 495 000	19 992 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 537 000	301 000	228 000	619 000
Total Current Assets	1 537 000	301 000	228 000	633 000
Total Assets	19 576 000	19 449 000	20 723 000	20 625 000
Total Equity	8 044 000	7 146 000	6 747 000	6 017 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 933 000	11 828 000	13 406 000	14 135 000
Creditors	21 000	51 000	3 000	0
Unpaid Taxes	103 000	69 000	115 000	94 000
Dividends	0	0	0	0
Other Current Debt	45 000	71 000	85 000	71 000
Total Current Debt	599 000	474 000	570 000	472 000
Total Equity and Debt	19 576 000	19 449 000	20 723 000	20 625 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,15 %	5,58 %	10,82 %	9,19 %
Debt-to-Equity Ratio	1,36	1,66	1,99	2,35
Operating Profit Margin	49,36 %	33,94 %	48,09 %	43,16 %
Current Ratio	2,57	0,64	0,4	1,34
Quick Ratio	2,57	0,64	0,4	1,34
Equity Ratio	0,41	0,37	0,33	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %