SØMÅEN AS

2443 DREVSJØ

Finances

Share Ownership

Return on Equity

14,81 %

Current Ratio

0,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	235 000	196 000	66 000
Net Income	8 000	18 000	3 000
Total Assets	1 147 000	1 163 000	889 000
Total Equity	54 000	46 000	27 000

Income (NOK)	2022	2021	2020
Revenue	235 000	196 000	66 000
Expenditure	166 000	132 000	37 000
Operating Profit	69 000	64 000	29 000
Financial Income	3 000	2 000	0
Financial Costs	51 000	41 000	27 000
Financial Balance	−48 000	−39 000	−27 000
Earnings Before Tax	20 000	26 000	3 000
Tax	12 000	7 000	0
Net Income	8 000	18 000	3 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 074 000	932 000	851 000
Total Current Assets	73 000	231 000	38 000
Total Assets	1 147 000	1 163 000	889 000
Total Retained Equity	30 000	21 000	3 000
Total Equity	54 000	46 000	27 000
Total Long-Term Debt	810 000	887 000	728 000
Total Current Debt	283 000	230 000	134 000
Total Equity and Debt	1 147 000	1 163 000	889 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	235 000	196 000	66 000
Revenue	235 000	196 000	66 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	67 000	44 000	4 000
Impairment	0	0	0
Expenditure	166 000	132 000	37 000
Operating Profit	69 000	64 000	29 000
Financial Income	3 000	2 000	0
Financial Costs	51 000	41 000	27 000
Financial Balance	−48 000	−39 000	−27 000
Dividends	0	0	0
Net Income	8 000	18 000	3 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	1 067 000	932 000	851 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	1 067 000	932 000	851 000
Total Fiancial Fixed Assets	7 000	0	0
Total Fixed Assets	1 074 000	932 000	851 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	56 000	204 000	29 000
Total Current Assets	73 000	231 000	38 000
Total Assets	1 147 000	1 163 000	889 000
Total Equity	54 000	46 000	27 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	810 000	887 000	728 000
Creditors	45 000	4 000	16 000
Unpaid Taxes	10 000	0	0
Dividends	0	0	0
Other Current Debt	216 000	219 000	118 000
Total Current Debt	283 000	230 000	134 000
Total Equity and Debt	1 147 000	1 163 000	889 000

Financial indicators	2022	2021	2020
Return on Equity	14,81 %	39,13 %	11,11 %
Debt-to-Equity Ratio	15	19,28	26,96
Operating Profit Margin	29,36 %	32,65 %	43,94 %
Current Ratio	0,26	1	0,28
Quick Ratio	0,26	1	0,28
Equity Ratio	0,05	0,04	0,03
Gross Profit Margin	100 %	100 %	100 %