SOMMERKROVEIEN 5 AS

4515 MANDAL

Finances

Share Ownership

Return on Equity

57,58 %

Current Ratio

0,82

Debt-to-Equity Ratio

7,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 647 000	2 404 000	1 602 000	879 000
Net Income	1 063 000	1 361 000	845 000	−710 000
Total Assets	17 084 000	10 767 000	10 938 000	2 916 000
Total Equity	1 846 000	1 564 000	982 000	939 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 647 000	2 404 000	1 602 000	879 000
Expenditure	823 000	522 000	394 000	1 789 000
Operating Profit	1 825 000	1 882 000	1 209 000	−910 000
Financial Income	0	0	2 000	0
Financial Costs	462 000	137 000	127 000	1 000
Financial Balance	−462 000	−137 000	−125 000	−1 000
Earnings Before Tax	1 362 000	1 745 000	1 083 000	−911 000
Tax	300 000	384 000	238 000	−200 000
Net Income	1 063 000	1 361 000	845 000	−710 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 150 000	9 650 000	8 659 000	1 976 000
Total Current Assets	934 000	1 118 000	2 279 000	940 000
Total Assets	17 084 000	10 767 000	10 938 000	2 916 000
Total Retained Equity	1 377 000	1 094 000	513 000	0
Total Equity	1 846 000	1 564 000	982 000	939 000
Total Long-Term Debt	14 092 000	7 840 000	8 182 000	917 000
Total Current Debt	1 146 000	1 363 000	1 773 000	1 060 000
Total Equity and Debt	17 084 000	10 767 000	10 938 000	2 916 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	600 000	600 000	0	0
Other Income	2 047 000	1 804 000	1 602 000	879 000
Revenue	2 647 000	2 404 000	1 602 000	879 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	444 000	359 000	236 000	10 000
Impairment	0	0	0	0
Expenditure	823 000	522 000	394 000	1 789 000
Operating Profit	1 825 000	1 882 000	1 209 000	−910 000
Financial Income	0	0	2 000	0
Financial Costs	462 000	137 000	127 000	1 000
Financial Balance	−462 000	−137 000	−125 000	−1 000
Dividends	0	0	0	0
Net Income	1 063 000	1 361 000	845 000	−710 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	194 000
Real Eastate	16 150 000	9 650 000	8 659 000	1 781 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 150 000	9 650 000	8 659 000	1 781 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 150 000	9 650 000	8 659 000	1 976 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	231 000	507 000	318 000	437 000
Total Current Assets	934 000	1 118 000	2 279 000	940 000
Total Assets	17 084 000	10 767 000	10 938 000	2 916 000
Total Equity	1 846 000	1 564 000	982 000	939 000
Short-Term Group Debt	1 000 000	1 000 000	0	0
Total Long-Term Debt	14 092 000	7 840 000	8 182 000	917 000
Creditors	16 000	46 000	1 487 000	770 000
Unpaid Taxes	60 000	58 000	0	0
Dividends	0	0	0	0
Other Current Debt	70 000	166 000	237 000	290 000
Total Current Debt	1 146 000	1 363 000	1 773 000	1 060 000
Total Equity and Debt	17 084 000	10 767 000	10 938 000	2 916 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,58 %	87,02 %	86,05 %	−75,61 %
Debt-to-Equity Ratio	7,63	5,01	8,33	0,98
Operating Profit Margin	68,95 %	78,29 %	75,47 %	−103,53 %
Current Ratio	0,82	0,82	1,29	0,89
Quick Ratio	0,82	0,82	1,29	0,89
Equity Ratio	0,11	0,15	0,09	0,32
Gross Profit Margin	100 %	100 %	100 %	100 %