SØRGARD TERRASSE BORETTSLAG

5015 BERGEN

Finances

Share Ownership

Return on Equity

25,79 %

Current Ratio

4,73

Debt-to-Equity Ratio

3,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 372 000	3 187 000	3 171 000	2 859 000
Net Income	715 000	736 000	−159 000	462 000
Total Assets	14 336 000	13 906 000	13 460 000	13 782 000
Total Equity	2 772 000	2 057 000	1 321 000	1 480 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 372 000	3 187 000	3 171 000	2 859 000
Expenditure	2 421 000	2 285 000	3 133 000	2 182 000
Operating Profit	951 000	903 000	37 000	677 000
Financial Income	25 000	4 000	12 000	21 000
Financial Costs	260 000	171 000	208 000	236 000
Financial Balance	−235 000	−167 000	−196 000	−215 000
Earnings Before Tax	716 000	736 000	37 000	677 000
Tax	0	0	0	0
Net Income	715 000	736 000	−159 000	462 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 663 000	11 667 000	11 671 000	11 675 000
Total Current Assets	2 673 000	2 239 000	1 788 000	2 107 000
Total Assets	14 336 000	13 906 000	13 460 000	13 782 000
Total Retained Equity	2 766 000	2 051 000	1 315 000	1 474 000
Total Equity	2 772 000	2 057 000	1 321 000	1 480 000
Total Long-Term Debt	10 999 000	11 327 000	11 665 000	11 960 000
Total Current Debt	565 000	523 000	474 000	342 000
Total Equity and Debt	14 336 000	13 906 000	13 460 000	13 782 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 372 000	3 187 000	0	0
Other Income	0	0	3 171 000	2 859 000
Revenue	3 372 000	3 187 000	3 171 000	2 859 000
Cost of Goods Sold	0	0	0	0
Salary Costs	199 000	210 000	202 000	204 000
Depreciation	4 000	4 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	2 421 000	2 285 000	3 133 000	2 182 000
Operating Profit	951 000	903 000	37 000	677 000
Financial Income	25 000	4 000	12 000	21 000
Financial Costs	260 000	171 000	208 000	236 000
Financial Balance	−235 000	−167 000	−196 000	−215 000
Dividends	0	0	0	0
Net Income	715 000	736 000	−159 000	462 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 650 000	11 650 000	11 650 000	11 650 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	17 000	21 000	25 000
Total Tangible Assets	11 663 000	11 667 000	11 671 000	11 675 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 663 000	11 667 000	11 671 000	11 675 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 495 000	2 075 000	1 645 000	2 073 000
Total Current Assets	2 673 000	2 239 000	1 788 000	2 107 000
Total Assets	14 336 000	13 906 000	13 460 000	13 782 000
Total Equity	2 772 000	2 057 000	1 321 000	1 480 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 999 000	11 327 000	11 665 000	11 960 000
Creditors	260 000	240 000	187 000	56 000
Unpaid Taxes	25 000	28 000	28 000	25 000
Dividends	0	0	0	0
Other Current Debt	281 000	254 000	259 000	262 000
Total Current Debt	565 000	523 000	474 000	342 000
Total Equity and Debt	14 336 000	13 906 000	13 460 000	13 782 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,79 %	35,78 %	−12,04 %	31,22 %
Debt-to-Equity Ratio	3,97	5,51	8,83	8,08
Operating Profit Margin	28,2 %	28,33 %	1,17 %	23,68 %
Current Ratio	4,73	4,28	3,77	6,16
Quick Ratio	4,73	4,28	3,77	6,16
Equity Ratio	0,19	0,15	0,1	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %