SØRE HEIE APARTMENT AS

3539 FLÅ

Finances

Share Ownership

Return on Equity

12,94 %

Current Ratio

6,63

Debt-to-Equity Ratio

4,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 333 000	806 000	189 000	221 000
Net Income	74 000	−215 000	−21 000	111 000
Total Assets	3 254 000	3 373 000	1 986 000	816 000
Total Equity	572 000	498 000	713 000	734 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 333 000	806 000	189 000	221 000
Expenditure	1 238 000	1 081 000	215 000	78 000
Operating Profit	95 000	−275 000	−27 000	143 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	95 000	−275 000	−27 000	143 000
Tax	21 000	−61 000	−6 000	31 000
Net Income	74 000	−215 000	−21 000	111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 982 000	3 064 000	967 000	657 000
Total Current Assets	272 000	309 000	1 020 000	159 000
Total Assets	3 254 000	3 373 000	1 986 000	816 000
Total Retained Equity	534 000	460 000	675 000	696 000
Total Equity	572 000	498 000	713 000	734 000
Total Long-Term Debt	2 641 000	2 819 000	47 000	53 000
Total Current Debt	41 000	56 000	1 227 000	30 000
Total Equity and Debt	3 254 000	3 373 000	1 986 000	816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 000	8 000	9 000	0
Other Income	1 328 000	799 000	180 000	221 000
Revenue	1 333 000	806 000	189 000	221 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	78 000	39 000	17 000	16 000
Impairment	0	0	0	0
Expenditure	1 238 000	1 081 000	215 000	78 000
Operating Profit	95 000	−275 000	−27 000	143 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	74 000	−215 000	−21 000	111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	0	0
Real Eastate	2 982 000	3 060 000	967 000	657 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 982 000	3 060 000	967 000	657 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 982 000	3 064 000	967 000	657 000
Stock	0	0	726 000	0
Total Investments	0	0	0	0
Cash, Bank	100 000	2 000	3 000	0
Total Current Assets	272 000	309 000	1 020 000	159 000
Total Assets	3 254 000	3 373 000	1 986 000	816 000
Total Equity	572 000	498 000	713 000	734 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 641 000	2 819 000	47 000	53 000
Creditors	41 000	56 000	46 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	1 181 000	0
Total Current Debt	41 000	56 000	1 227 000	30 000
Total Equity and Debt	3 254 000	3 373 000	1 986 000	816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,94 %	−43,17 %	−2,95 %	15,12 %
Debt-to-Equity Ratio	4,62	5,66	0,07	0,07
Operating Profit Margin	7,13 %	−34,12 %	−14,29 %	64,71 %
Current Ratio	6,63	5,52	0,83	5,3
Quick Ratio	6,63	5,52	2,04	5,3
Equity Ratio	0,18	0,15	0,36	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %