SØRENGA EIENDOMSSELSKAP AS

7051 TRONDHEIM

Finances

Return on Equity

−6,97 %

Current Ratio

14,29

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	−7 000	18 083 000
Net Income	−721 000	751 000	−96 000	12 796 000
Total Assets	12 932 000	14 569 000	15 425 000	17 022 000
Total Equity	10 339 000	11 560 000	12 172 000	12 178 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	−7 000	18 083 000
Expenditure	110 000	191 000	305 000	1 663 000
Operating Profit	−110 000	−191 000	−312 000	16 419 000
Financial Income	73 000	907 000	257 000	47 000
Financial Costs	700 000	0	79 000	62 000
Financial Balance	−627 000	907 000	178 000	−15 000
Earnings Before Tax	−737 000	716 000	−134 000	16 404 000
Tax	−16 000	−35 000	−37 000	3 608 000
Net Income	−721 000	751 000	−96 000	12 796 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	12 932 000	14 569 000	15 425 000	17 022 000
Total Assets	12 932 000	14 569 000	15 425 000	17 022 000
Total Retained Equity	10 306 000	11 527 000	11 174 000	11 181 000
Total Equity	10 339 000	11 560 000	12 172 000	12 178 000
Total Long-Term Debt	1 688 000	2 104 000	2 631 000	3 288 000
Total Current Debt	905 000	905 000	623 000	1 555 000
Total Equity and Debt	12 932 000	14 569 000	15 425 000	17 022 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	−7 000	18 083 000
Revenue	0	0	−7 000	18 083 000
Cost of Goods Sold	0	0	0	0
Salary Costs	24 000	39 000	33 000	528 000
Depreciation	0	0	0	166 000
Impairment	0	0	0	0
Expenditure	110 000	191 000	305 000	1 663 000
Operating Profit	−110 000	−191 000	−312 000	16 419 000
Financial Income	73 000	907 000	257 000	47 000
Financial Costs	700 000	0	79 000	62 000
Financial Balance	−627 000	907 000	178 000	−15 000
Dividends	500 000	0	0	1 000 000
Net Income	−721 000	751 000	−96 000	12 796 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	9 555 000	9 874 000	8 311 000	10 000
Cash, Bank	3 370 000	4 695 000	7 084 000	16 938 000
Total Current Assets	12 932 000	14 569 000	15 425 000	17 022 000
Total Assets	12 932 000	14 569 000	15 425 000	17 022 000
Total Equity	10 339 000	11 560 000	12 172 000	12 178 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 688 000	2 104 000	2 631 000	3 288 000
Creditors	3 000	22 000	0	88 000
Unpaid Taxes	1 000	2 000	2 000	80 000
Dividends	500 000	0	0	1 000 000
Other Current Debt	0	389 000	0	63 000
Total Current Debt	905 000	905 000	623 000	1 555 000
Total Equity and Debt	12 932 000	14 569 000	15 425 000	17 022 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,97 %	6,5 %	−0,79 %	105,07 %
Debt-to-Equity Ratio	0,16	0,18	0,22	0,27
Operating Profit Margin	-	-	4 457,14 %	90,8 %
Current Ratio	14,29	16,1	24,76	10,95
Quick Ratio	14,29	16,1	24,76	10,95
Equity Ratio	0,8	0,79	0,79	0,72
Gross Profit Margin	-	-	100 %	100 %