SØFTELAND EIENDOM AS

5232 PARADIS

Finances

Share Ownership

Return on Equity

3,14 %

Current Ratio

Debt-to-Equity Ratio

−1,87

Key figures (NOK)	2021	2020	2019	2018
Revenue	36 000	36 000	22 000	0
Net Income	−195 000	−154 000	27 000	−262 000
Total Assets	6 856 000	16 738 000	15 129 000	10 715 000
Total Equity	−6 207 000	−310 000	−156 000	−183 000

Income (NOK)	2021	2020	2019	2018
Revenue	36 000	36 000	22 000	0
Expenditure	286 000	200 000	60 000	145 000
Operating Profit	−250 000	−164 000	−38 000	−145 000
Financial Income	0	0	0	0
Financial Costs	0	34 000	0	117 000
Financial Balance	0	−34 000	0	−117 000
Earnings Before Tax	−250 000	−197 000	−39 000	−262 000
Tax	−55 000	−43 000	−66 000	0
Net Income	−195 000	−154 000	27 000	−262 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	6 849 000	16 701 000	15 059 000	10 683 000
Total Current Assets	7 000	37 000	70 000	32 000
Total Assets	6 856 000	16 738 000	15 129 000	10 715 000
Total Retained Equity	−6 237 000	−340 000	−186 000	−213 000
Total Equity	−6 207 000	−310 000	−156 000	−183 000
Total Long-Term Debt	11 578 000	13 201 000	11 630 000	9 370 000
Total Current Debt	1 484 000	3 847 000	3 655 000	1 528 000
Total Equity and Debt	6 856 000	16 738 000	15 129 000	10 715 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	36 000	36 000	22 000	0
Revenue	36 000	36 000	22 000	0
Cost of Goods Sold	0	0	0	81 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	286 000	200 000	60 000	145 000
Operating Profit	−250 000	−164 000	−38 000	−145 000
Financial Income	0	0	0	0
Financial Costs	0	34 000	0	117 000
Financial Balance	0	−34 000	0	−117 000
Dividends	0	0	0	0
Net Income	−195 000	−154 000	27 000	−262 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	164 000	109 000	66 000	0
Real Eastate	5 003 000	5 003 000	5 003 000	5 003 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 003 000	5 003 000	5 003 000	5 003 000
Total Fiancial Fixed Assets	1 682 000	11 589 000	9 990 000	5 680 000
Total Fixed Assets	6 849 000	16 701 000	15 059 000	10 683 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	5 000	21 000	32 000
Total Current Assets	7 000	37 000	70 000	32 000
Total Assets	6 856 000	16 738 000	15 129 000	10 715 000
Total Equity	−6 207 000	−310 000	−156 000	−183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 578 000	13 201 000	11 630 000	9 370 000
Creditors	65 000	1 000	3 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 420 000	3 846 000	3 652 000	1 527 000
Total Current Debt	1 484 000	3 847 000	3 655 000	1 528 000
Total Equity and Debt	6 856 000	16 738 000	15 129 000	10 715 000

Financial indicators	2021	2020	2019	2018
Return on Equity	3,14 %	49,68 %	−17,31 %	143,17 %
Debt-to-Equity Ratio	−1,87	−42,58	−74,55	−51,2
Operating Profit Margin	−694,44 %	−455,56 %	−172,73 %	-
Current Ratio	0	0,01	0,02	0,02
Quick Ratio	0	0,01	0,02	0,02
Equity Ratio	−0,91	−0,02	−0,01	−0,02
Gross Profit Margin	100 %	100 %	100 %	-