SØGAARD EIENDOM AS

4838 ARENDAL

Finances

Share Ownership

Return on Equity

2,55 %

Current Ratio

3,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	204 000	157 000	144 000
Net Income	33 000	27 000	74 000
Total Assets	1 310 000	1 273 000	1 265 000
Total Equity	1 292 000	1 259 000	1 232 000

Income (NOK)	2022	2021	2020
Revenue	204 000	157 000	144 000
Expenditure	162 000	121 000	50 000
Operating Profit	42 000	35 000	93 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	42 000	35 000	93 000
Tax	10 000	8 000	19 000
Net Income	33 000	27 000	74 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 258 000	1 158 000	1 150 000
Total Current Assets	53 000	116 000	115 000
Total Assets	1 310 000	1 273 000	1 265 000
Total Retained Equity	134 000	101 000	74 000
Total Equity	1 292 000	1 259 000	1 232 000
Total Long-Term Debt	3 000	3 000	3 000
Total Current Debt	16 000	12 000	31 000
Total Equity and Debt	1 310 000	1 273 000	1 265 000

Cash flow (NOK)	2022	2021	2020
Sales Income	200 000	157 000	144 000
Other Income	4 000	0	0
Revenue	204 000	157 000	144 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	28 000	26 000	12 000
Impairment	0	0	0
Expenditure	162 000	121 000	50 000
Operating Profit	42 000	35 000	93 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	33 000	27 000	74 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	1 259 000	1 160 000	1 152 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	1 259 000	1 160 000	1 152 000
Total Fiancial Fixed Assets	−1 000	−3 000	−2 000
Total Fixed Assets	1 258 000	1 158 000	1 150 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	52 000	115 000	112 000
Total Current Assets	53 000	116 000	115 000
Total Assets	1 310 000	1 273 000	1 265 000
Total Equity	1 292 000	1 259 000	1 232 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 000	3 000	3 000
Creditors	1 000	1 000	1 000
Unpaid Taxes	5 000	3 000	13 000
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	16 000	12 000	31 000
Total Equity and Debt	1 310 000	1 273 000	1 265 000

Financial indicators	2022	2021	2020
Return on Equity	2,55 %	2,14 %	6,01 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	20,59 %	22,29 %	64,58 %
Current Ratio	3,31	9,67	3,71
Quick Ratio	3,31	9,67	3,71
Equity Ratio	0,99	0,99	0,97
Gross Profit Margin	100 %	100 %	100 %