Sommerro Borettslag

3211 SANDEFJORD

Finances

Share Ownership

Return on Equity

−8,26 %

Current Ratio

5,64

Debt-to-Equity Ratio

−2,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 958 000	2 880 000	2 827 000	2 813 000
Net Income	737 000	185 000	745 000	672 000
Total Assets	14 590 000	14 784 000	15 303 000	15 237 000
Total Equity	−8 919 000	−9 657 000	−9 842 000	−10 586 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 958 000	2 880 000	2 827 000	2 813 000
Expenditure	1 664 000	2 145 000	1 482 000	1 497 000
Operating Profit	1 294 000	735 000	1 345 000	1 316 000
Financial Income	9 000	4 000	10 000	19 000
Financial Costs	566 000	554 000	610 000	663 000
Financial Balance	−557 000	−550 000	−600 000	−644 000
Earnings Before Tax	737 000	185 000	745 000	672 000
Tax	0	0	0	0
Net Income	737 000	185 000	745 000	672 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 677 000	13 628 000	14 358 000	14 346 000
Total Current Assets	913 000	1 156 000	944 000	891 000
Total Assets	14 590 000	14 784 000	15 303 000	15 237 000
Total Retained Equity	−8 924 000	−9 662 000	−9 846 000	−10 591 000
Total Equity	−8 919 000	−9 657 000	−9 842 000	−10 586 000
Total Long-Term Debt	23 347 000	24 113 000	24 845 000	25 530 000
Total Current Debt	162 000	327 000	300 000	293 000
Total Equity and Debt	14 590 000	14 784 000	15 303 000	15 237 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 958 000	2 880 000	2 827 000	2 813 000
Revenue	2 958 000	2 880 000	2 827 000	2 813 000
Cost of Goods Sold	0	0	0	0
Salary Costs	126 000	76 000	74 000	77 000
Depreciation	6 000	6 000	6 000	5 000
Impairment	0	0	0	0
Expenditure	1 664 000	2 145 000	1 482 000	1 497 000
Operating Profit	1 294 000	735 000	1 345 000	1 316 000
Financial Income	9 000	4 000	10 000	19 000
Financial Costs	566 000	554 000	610 000	663 000
Financial Balance	−557 000	−550 000	−600 000	−644 000
Dividends	0	0	0	0
Net Income	737 000	185 000	745 000	672 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 511 000	13 511 000	13 511 000	13 171 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	166 000	117 000	53 000	59 000
Total Tangible Assets	13 677 000	13 628 000	13 564 000	13 230 000
Total Fiancial Fixed Assets	0	0	795 000	1 116 000
Total Fixed Assets	13 677 000	13 628 000	14 358 000	14 346 000
Stock	10 000	10 000	10 000	10 000
Total Investments	0	0	0	0
Cash, Bank	833 000	933 000	536 000	500 000
Total Current Assets	913 000	1 156 000	944 000	891 000
Total Assets	14 590 000	14 784 000	15 303 000	15 237 000
Total Equity	−8 919 000	−9 657 000	−9 842 000	−10 586 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 347 000	24 113 000	24 845 000	25 530 000
Creditors	139 000	313 000	281 000	275 000
Unpaid Taxes	4 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	20 000	14 000	18 000	19 000
Total Current Debt	162 000	327 000	300 000	293 000
Total Equity and Debt	14 590 000	14 784 000	15 303 000	15 237 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,26 %	−1,92 %	−7,57 %	−6,35 %
Debt-to-Equity Ratio	−2,62	−2,5	−2,52	−2,41
Operating Profit Margin	43,75 %	25,52 %	47,58 %	46,78 %
Current Ratio	5,64	3,54	3,15	3,04
Quick Ratio	6,01	3,65	3,26	3,15
Equity Ratio	−0,61	−0,65	−0,64	−0,69
Gross Profit Margin	100 %	100 %	100 %	100 %