CITY SVANEVEIEN 2 AS

1400 SKI

Finances

Share Ownership

Return on Equity

8,85 %

Current Ratio

0,98

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020
Revenue	3 306 000	3 057 000	2 803 000
Net Income	1 228 000	1 512 000	1 121 000
Total Assets	14 986 000	38 054 000	38 578 000
Total Equity	13 875 000	35 289 000	35 516 000

Income (NOK)	2022	2021	2020
Revenue	3 306 000	3 057 000	2 803 000
Expenditure	2 227 000	1 581 000	1 636 000
Operating Profit	1 080 000	1 477 000	1 167 000
Financial Income	494 000	464 000	270 000
Financial Costs	0	1 000	0
Financial Balance	494 000	463 000	270 000
Earnings Before Tax	1 574 000	1 939 000	1 437 000
Tax	346 000	427 000	316 000
Net Income	1 228 000	1 512 000	1 121 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	14 292 000	38 033 000	38 394 000
Total Current Assets	694 000	21 000	184 000
Total Assets	14 986 000	38 054 000	38 578 000
Total Retained Equity	1 086 000	0	0
Total Equity	13 875 000	35 289 000	35 516 000
Total Long-Term Debt	403 000	477 000	542 000
Total Current Debt	708 000	2 288 000	2 521 000
Total Equity and Debt	14 986 000	38 054 000	38 578 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	3 014 000	2 803 000
Other Income	3 306 000	43 000	0
Revenue	3 306 000	3 057 000	2 803 000
Cost of Goods Sold	85 000	0	0
Salary Costs	0	0	0
Depreciation	977 000	978 000	892 000
Impairment	0	0	0
Expenditure	2 227 000	1 581 000	1 636 000
Operating Profit	1 080 000	1 477 000	1 167 000
Financial Income	494 000	464 000	270 000
Financial Costs	0	1 000	0
Financial Balance	494 000	463 000	270 000
Dividends	0	0	0
Net Income	1 228 000	1 512 000	1 121 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	14 292 000	15 269 000	16 247 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	14 292 000	15 269 000	16 247 000
Total Fiancial Fixed Assets	0	22 764 000	22 147 000
Total Fixed Assets	14 292 000	38 033 000	38 394 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	317 000	0	0
Total Current Assets	694 000	21 000	184 000
Total Assets	14 986 000	38 054 000	38 578 000
Total Equity	13 875 000	35 289 000	35 516 000
Short-Term Group Debt	182 000	2 231 000	1 592 000
Total Long-Term Debt	403 000	477 000	542 000
Creditors	80 000	5 000	386 000
Unpaid Taxes	2 000	10 000	0
Dividends	0	0	0
Other Current Debt	65 000	42 000	543 000
Total Current Debt	708 000	2 288 000	2 521 000
Total Equity and Debt	14 986 000	38 054 000	38 578 000

Financial indicators	2022	2021	2020
Return on Equity	8,85 %	4,28 %	3,16 %
Debt-to-Equity Ratio	0,03	0,01	0,02
Operating Profit Margin	32,67 %	48,32 %	41,63 %
Current Ratio	0,98	0,01	0,07
Quick Ratio	0,98	0,01	0,07
Equity Ratio	0,93	0,93	0,92
Gross Profit Margin	97,43 %	100 %	100 %