SORTLAND GÅRD AS

8400 SORTLAND

Finances

Return on Equity

−4,36 %

Current Ratio

16,64

Debt-to-Equity Ratio

3,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	450 000	629 000	270 000	789 000
Net Income	−54 000	43 000	18 000	106 000
Total Assets	5 467 000	5 575 000	5 492 000	3 787 000
Total Equity	1 238 000	1 293 000	1 250 000	62 000

Income (NOK)	2022	2021	2020	2019
Revenue	450 000	629 000	270 000	789 000
Expenditure	418 000	522 000	213 000	615 000
Operating Profit	33 000	107 000	57 000	173 000
Financial Income	5 000	5 000	2 000	4 000
Financial Costs	108 000	57 000	36 000	42 000
Financial Balance	−103 000	−52 000	−34 000	−38 000
Earnings Before Tax	−70 000	55 000	23 000	136 000
Tax	−15 000	12 000	5 000	30 000
Net Income	−54 000	43 000	18 000	106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 853 000	3 911 000	3 868 000	3 455 000
Total Current Assets	1 614 000	1 664 000	1 623 000	332 000
Total Assets	5 467 000	5 575 000	5 492 000	3 787 000
Total Retained Equity	38 000	93 000	50 000	32 000
Total Equity	1 238 000	1 293 000	1 250 000	62 000
Total Long-Term Debt	4 132 000	4 104 000	4 095 000	3 575 000
Total Current Debt	97 000	178 000	146 000	149 000
Total Equity and Debt	5 467 000	5 575 000	5 492 000	3 787 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000	1 000	0	707 000
Other Income	449 000	628 000	270 000	82 000
Revenue	450 000	629 000	270 000	789 000
Cost of Goods Sold	187 000	312 000	4 000	0
Salary Costs	44 000	41 000	40 000	0
Depreciation	74 000	72 000	70 000	57 000
Impairment	0	0	0	0
Expenditure	418 000	522 000	213 000	615 000
Operating Profit	33 000	107 000	57 000	173 000
Financial Income	5 000	5 000	2 000	4 000
Financial Costs	108 000	57 000	36 000	42 000
Financial Balance	−103 000	−52 000	−34 000	−38 000
Dividends	0	0	0	0
Net Income	−54 000	43 000	18 000	106 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	47 000	31 000	21 000	12 000
Real Eastate	3 710 000	3 784 000	3 751 000	3 347 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 710 000	3 784 000	3 751 000	3 347 000
Total Fiancial Fixed Assets	96 000	96 000	96 000	96 000
Total Fixed Assets	3 853 000	3 911 000	3 868 000	3 455 000
Stock	1 377 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	196 000	492 000	1 609 000	276 000
Total Current Assets	1 614 000	1 664 000	1 623 000	332 000
Total Assets	5 467 000	5 575 000	5 492 000	3 787 000
Total Equity	1 238 000	1 293 000	1 250 000	62 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 132 000	4 104 000	4 095 000	3 575 000
Creditors	49 000	100 000	68 000	34 000
Unpaid Taxes	26 000	0	0	90 000
Dividends	0	0	0	0
Other Current Debt	22 000	55 000	63 000	5 000
Total Current Debt	97 000	178 000	146 000	149 000
Total Equity and Debt	5 467 000	5 575 000	5 492 000	3 787 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,36 %	3,33 %	1,44 %	170,97 %
Debt-to-Equity Ratio	3,34	3,17	3,28	57,66
Operating Profit Margin	7,33 %	17,01 %	21,11 %	21,93 %
Current Ratio	16,64	9,35	11,12	2,23
Quick Ratio	−1,26	9,35	11,12	2,23
Equity Ratio	0,23	0,23	0,23	0,02
Gross Profit Margin	58,44 %	50,4 %	98,52 %	100 %