Søvikmoen Borettslag

8804 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

−9,8 %

Current Ratio

7,05

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	288 000	288 000	288 000	288 000
Net Income	−228 000	90 000	101 000	132 000
Total Assets	3 119 000	3 314 000	3 220 000	3 119 000
Total Equity	2 326 000	2 554 000	2 463 000	2 363 000

Income (NOK)	2022	2021	2020	2019
Revenue	288 000	288 000	288 000	288 000
Expenditure	518 000	198 000	188 000	157 000
Operating Profit	−230 000	91 000	101 000	131 000
Financial Income	3 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	2 000	0	0	0
Earnings Before Tax	−228 000	90 000	101 000	132 000
Tax	0	0	0	0
Net Income	−228 000	90 000	101 000	132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 851 000	2 856 000	2 861 000	2 840 000
Total Current Assets	268 000	459 000	360 000	279 000
Total Assets	3 119 000	3 314 000	3 220 000	3 119 000
Total Retained Equity	2 325 000	2 552 000	2 462 000	2 361 000
Total Equity	2 326 000	2 554 000	2 463 000	2 363 000
Total Long-Term Debt	755 000	755 000	755 000	755 000
Total Current Debt	38 000	6 000	2 000	1 000
Total Equity and Debt	3 119 000	3 314 000	3 220 000	3 119 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	288 000	288 000	288 000	288 000
Revenue	288 000	288 000	288 000	288 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 000	5 000	0	0
Depreciation	5 000	5 000	3 000	0
Impairment	0	0	0	0
Expenditure	518 000	198 000	188 000	157 000
Operating Profit	−230 000	91 000	101 000	131 000
Financial Income	3 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	2 000	0	0	0
Dividends	0	0	0	0
Net Income	−228 000	90 000	101 000	132 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 840 000	2 840 000	2 840 000	2 840 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	16 000	21 000	0
Total Tangible Assets	2 851 000	2 856 000	2 861 000	2 840 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 851 000	2 856 000	2 861 000	2 840 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	241 000	459 000	356 000	275 000
Total Current Assets	268 000	459 000	360 000	279 000
Total Assets	3 119 000	3 314 000	3 220 000	3 119 000
Total Equity	2 326 000	2 554 000	2 463 000	2 363 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	755 000	755 000	755 000	755 000
Creditors	28 000	6 000	2 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	10 000	0	0	0
Total Current Debt	38 000	6 000	2 000	1 000
Total Equity and Debt	3 119 000	3 314 000	3 220 000	3 119 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,8 %	3,52 %	4,1 %	5,59 %
Debt-to-Equity Ratio	0,32	0,3	0,31	0,32
Operating Profit Margin	−79,86 %	31,6 %	35,07 %	45,49 %
Current Ratio	7,05	76,5	180	279
Quick Ratio	7,05	76,5	180	279
Equity Ratio	0,75	0,77	0,76	0,76
Gross Profit Margin	100 %	100 %	100 %	100 %