SONGE EIENDOM AS

4842 ARENDAL

Finances

Share Ownership

Return on Equity

63,89 %

Current Ratio

1,43

Debt-to-Equity Ratio

39,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	933 000	879 000	1 142 000	740 000
Net Income	184 000	−23 000	144 000	−7 000
Total Assets	11 842 000	11 171 000	13 657 000	13 681 000
Total Equity	288 000	104 000	127 000	−17 000

Income (NOK)	2022	2021	2020	2019
Revenue	933 000	879 000	1 142 000	740 000
Expenditure	267 000	484 000	447 000	211 000
Operating Profit	666 000	394 000	695 000	529 000
Financial Income	0	0	0	0
Financial Costs	434 000	417 000	511 000	538 000
Financial Balance	−434 000	−417 000	−511 000	−538 000
Earnings Before Tax	232 000	−23 000	184 000	−9 000
Tax	48 000	0	41 000	−2 000
Net Income	184 000	−23 000	144 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 567 000	11 035 000	13 439 000	13 579 000
Total Current Assets	275 000	135 000	218 000	102 000
Total Assets	11 842 000	11 171 000	13 657 000	13 681 000
Total Retained Equity	258 000	74 000	97 000	−47 000
Total Equity	288 000	104 000	127 000	−17 000
Total Long-Term Debt	11 361 000	10 930 000	13 287 000	13 498 000
Total Current Debt	192 000	137 000	244 000	199 000
Total Equity and Debt	11 842 000	11 171 000	13 657 000	13 681 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	933 000	879 000	1 142 000	740 000
Revenue	933 000	879 000	1 142 000	740 000
Cost of Goods Sold	0	0	133 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	267 000	484 000	447 000	211 000
Operating Profit	666 000	394 000	695 000	529 000
Financial Income	0	0	0	0
Financial Costs	434 000	417 000	511 000	538 000
Financial Balance	−434 000	−417 000	−511 000	−538 000
Dividends	0	0	0	0
Net Income	184 000	−23 000	144 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	12 000
Real Eastate	11 567 000	11 035 000	13 439 000	13 567 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 567 000	11 035 000	13 439 000	13 567 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 567 000	11 035 000	13 439 000	13 579 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	220 000	124 000	210 000	92 000
Total Current Assets	275 000	135 000	218 000	102 000
Total Assets	11 842 000	11 171 000	13 657 000	13 681 000
Total Equity	288 000	104 000	127 000	−17 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 361 000	10 930 000	13 287 000	13 498 000
Creditors	12 000	3 000	10 000	12 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	132 000	134 000	205 000	188 000
Total Current Debt	192 000	137 000	244 000	199 000
Total Equity and Debt	11 842 000	11 171 000	13 657 000	13 681 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,89 %	−22,12 %	113,39 %	41,18 %
Debt-to-Equity Ratio	39,45	105,1	104,62	−794
Operating Profit Margin	71,38 %	44,82 %	60,86 %	71,49 %
Current Ratio	1,43	0,99	0,89	0,51
Quick Ratio	1,43	0,99	0,89	0,51
Equity Ratio	0,02	0,01	0,01	−0
Gross Profit Margin	100 %	100 %	88,35 %	100 %