SOKNEDAL SPAREBANK

7288 SOKNEDAL

Finances

Return on Equity

11,48 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 957 000	51 351 000	58 624 000	51 768 000
Net Income	35 264 000	21 417 000	19 851 000	18 858 000
Total Assets	2 543 504 000	2 328 749 000	2 322 218 000	2 114 207 000
Total Equity	307 302 000	275 749 000	257 331 000	204 869 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 957 000	51 351 000	58 624 000	51 768 000
Expenditure	34 051 000	33 007 000	29 040 000	30 051 000
Operating Profit	43 917 000	21 066 000	29 584 000	21 717 000
Financial Income	0	0	0	0
Financial Costs	2 412 000	−3 790 000	4 061 000	−2 794 000
Financial Balance	−2 412 000	3 790 000	−4 061 000	2 794 000
Earnings Before Tax	41 505 000	24 856 000	25 523 000	24 511 000
Tax	−6 241 000	−4 820 000	5 672 000	5 653 000
Net Income	35 264 000	21 417 000	19 851 000	18 858 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	102 762 000	74 707 000	304 516 000	64 846 000
Total Current Assets	2 383 497 000	2 252 280 000	2 017 702 000	2 049 361 000
Total Assets	2 543 504 000	2 328 749 000	2 322 218 000	2 114 207 000
Total Retained Equity	257 116 000	225 679 000	207 269 000	174 807 000
Total Equity	307 302 000	275 749 000	257 331 000	204 869 000
Total Long-Term Debt	35 885 000	29 732 000	2 058 961 000	41 430 000
Total Current Debt	2 187 315 000	2 017 657 000	5 928 000	1 867 908 000
Total Equity and Debt	2 543 505 000	2 328 749 000	2 322 220 000	5 000 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	45 112 000	0
Other Income	0	0	13 512 000	0
Revenue	73 957 000	51 351 000	58 624 000	51 768 000
Cost of Goods Sold	0	0	0	0
Salary Costs	16 185 000	15 763 000	12 767 000	13 457 000
Depreciation	−345 000	1 115 000	597 000	606 000
Impairment	0	0	0	0
Expenditure	34 051 000	33 007 000	29 040 000	30 051 000
Operating Profit	43 917 000	21 066 000	29 584 000	21 717 000
Financial Income	0	0	0	0
Financial Costs	2 412 000	−3 790 000	4 061 000	−2 794 000
Financial Balance	−2 412 000	3 790 000	−4 061 000	2 794 000
Dividends	0	0	0	0
Net Income	35 264 000	21 417 000	19 851 000	18 858 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	401 000
Real Eastate	0	0	3 801 000	3 367 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	1 031 000
Total Tangible Assets	9 791 000	6 652 000	3 801 000	4 398 000
Total Fiancial Fixed Assets	92 971 000	68 055 000	300 715 000	60 047 000
Total Fixed Assets	102 762 000	74 707 000	304 516 000	64 846 000
Stock	0	0	0	0
Total Investments	287 518 000	235 432 000	2 011 911 000	243 367 000
Cash, Bank	0	0	2 217 000	0
Total Current Assets	2 383 497 000	2 252 280 000	2 017 702 000	2 049 361 000
Total Assets	2 543 504 000	2 328 749 000	2 322 218 000	2 114 207 000
Total Equity	307 302 000	275 749 000	257 331 000	204 869 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 885 000	29 732 000	2 058 961 000	41 430 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	465 280 000	1 922 506 000	0	1 717 663 000
Total Current Debt	2 187 315 000	2 017 657 000	5 928 000	1 867 908 000
Total Equity and Debt	2 543 505 000	2 328 749 000	2 322 220 000	5 000 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,48 %	7,77 %	7,71 %	9,2 %
Debt-to-Equity Ratio	0,12	0,11	8	0,2
Operating Profit Margin	59,38 %	41,02 %	50,46 %	41,95 %
Current Ratio	1,09	1,12	340,37	1,1
Quick Ratio	1,09	1,12	340,37	1,1
Equity Ratio	0,12	0,12	0,11	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %