SOMMARØY ARCTIC EIENDOM AS

9261 TROMSØ

Finances

Return on Equity

−4,35 %

Current Ratio

13,81

Debt-to-Equity Ratio

2,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 320 000	8 320 000	7 320 000	7 320 000
Net Income	−1 039 000	−478 000	−559 000	−640 000
Total Assets	92 366 000	95 038 000	97 056 000	101 410 000
Total Equity	23 895 000	24 934 000	25 412 000	25 971 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 320 000	8 320 000	7 320 000	7 320 000
Expenditure	7 290 000	6 806 000	5 645 000	5 844 000
Operating Profit	1 030 000	1 514 000	1 675 000	1 476 000
Financial Income	223 000	72 000	60 000	125 000
Financial Costs	2 586 000	2 199 000	2 452 000	2 421 000
Financial Balance	−2 363 000	−2 127 000	−2 392 000	−2 296 000
Earnings Before Tax	−1 333 000	−613 000	−716 000	−820 000
Tax	−293 000	−135 000	−158 000	−180 000
Net Income	−1 039 000	−478 000	−559 000	−640 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	78 681 000	78 783 000	82 827 000	87 481 000
Total Current Assets	13 685 000	16 255 000	14 229 000	13 929 000
Total Assets	92 366 000	95 038 000	97 056 000	101 410 000
Total Retained Equity	3 292 000	4 331 000	4 809 000	5 368 000
Total Equity	23 895 000	24 934 000	25 412 000	25 971 000
Total Long-Term Debt	67 480 000	69 434 000	71 359 000	75 149 000
Total Current Debt	991 000	670 000	285 000	291 000
Total Equity and Debt	92 366 000	95 038 000	97 056 000	101 410 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 320 000	7 320 000	7 320 000	7 320 000
Other Income	1 000 000	1 000 000	0	0
Revenue	8 320 000	8 320 000	7 320 000	7 320 000
Cost of Goods Sold	1 000 000	1 000 000	0	0
Salary Costs	216 000	108 000	0	108 000
Depreciation	4 798 000	4 757 000	4 812 000	4 878 000
Impairment	0	0	0	0
Expenditure	7 290 000	6 806 000	5 645 000	5 844 000
Operating Profit	1 030 000	1 514 000	1 675 000	1 476 000
Financial Income	223 000	72 000	60 000	125 000
Financial Costs	2 586 000	2 199 000	2 452 000	2 421 000
Financial Balance	−2 363 000	−2 127 000	−2 392 000	−2 296 000
Dividends	0	0	0	0
Net Income	−1 039 000	−478 000	−559 000	−640 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 064 000	770 000	636 000	478 000
Real Eastate	74 430 000	76 562 000	81 471 000	86 234 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	437 000	474 000	457 000	507 000
Total Tangible Assets	74 867 000	77 035 000	81 928 000	86 740 000
Total Fiancial Fixed Assets	2 751 000	977 000	263 000	263 000
Total Fixed Assets	78 681 000	78 783 000	82 827 000	87 481 000
Stock	3 998 000	4 998 000	5 640 000	5 636 000
Total Investments	0	0	0	0
Cash, Bank	6 819 000	8 635 000	5 981 000	8 293 000
Total Current Assets	13 685 000	16 255 000	14 229 000	13 929 000
Total Assets	92 366 000	95 038 000	97 056 000	101 410 000
Total Equity	23 895 000	24 934 000	25 412 000	25 971 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	67 480 000	69 434 000	71 359 000	75 149 000
Creditors	108 000	7 000	0	0
Unpaid Taxes	234 000	296 000	285 000	291 000
Dividends	0	0	0	0
Other Current Debt	648 000	367 000	0	0
Total Current Debt	991 000	670 000	285 000	291 000
Total Equity and Debt	92 366 000	95 038 000	97 056 000	101 410 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,35 %	−1,92 %	−2,2 %	−2,46 %
Debt-to-Equity Ratio	2,82	2,78	2,81	2,89
Operating Profit Margin	12,38 %	18,2 %	22,88 %	20,16 %
Current Ratio	13,81	24,26	49,93	47,87
Quick Ratio	−4,55	−3,76	−2,66	−2,61
Equity Ratio	0,26	0,26	0,26	0,26
Gross Profit Margin	87,98 %	87,98 %	100 %	100 %