KW SØRENSEN EIENDOM AS

4836 ARENDAL

Finances

Return on Equity

0,71 %

Current Ratio

0,85

Debt-to-Equity Ratio

17,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 181 000	955 000	1 913 000	716 000
Net Income	178 000	5 368 000	−1 594 000	167 000
Total Assets	465 478 000	422 006 000	413 215 000	353 550 000
Total Equity	25 038 000	24 860 000	19 492 000	28 586 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 181 000	955 000	1 913 000	716 000
Expenditure	4 838 000	4 751 000	5 683 000	5 155 000
Operating Profit	−3 657 000	−3 796 000	−3 770 000	−4 439 000
Financial Income	15 475 000	18 154 000	8 845 000	12 576 000
Financial Costs	11 589 000	7 475 000	7 116 000	7 717 000
Financial Balance	3 886 000	10 679 000	1 729 000	4 859 000
Earnings Before Tax	229 000	6 882 000	−2 042 000	420 000
Tax	50 000	1 514 000	−448 000	253 000
Net Income	178 000	5 368 000	−1 594 000	167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	455 229 000	376 832 000	386 703 000	336 722 000
Total Current Assets	10 249 000	45 173 000	26 511 000	16 828 000
Total Assets	465 478 000	422 006 000	413 215 000	353 550 000
Total Retained Equity	23 820 000	23 642 000	18 274 000	27 367 000
Total Equity	25 038 000	24 860 000	19 492 000	28 586 000
Total Long-Term Debt	428 354 000	381 131 000	375 675 000	276 499 000
Total Current Debt	12 086 000	16 015 000	18 048 000	48 465 000
Total Equity and Debt	465 478 000	422 006 000	413 215 000	353 550 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 000	17 000	423 000	272 000
Other Income	1 145 000	937 000	1 490 000	444 000
Revenue	1 181 000	955 000	1 913 000	716 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 216 000	3 382 000	4 058 000	3 821 000
Depreciation	119 000	119 000	128 000	119 000
Impairment	0	0	0	0
Expenditure	4 838 000	4 751 000	5 683 000	5 155 000
Operating Profit	−3 657 000	−3 796 000	−3 770 000	−4 439 000
Financial Income	15 475 000	18 154 000	8 845 000	12 576 000
Financial Costs	11 589 000	7 475 000	7 116 000	7 717 000
Financial Balance	3 886 000	10 679 000	1 729 000	4 859 000
Dividends	0	0	7 500 000	7 500 000
Net Income	178 000	5 368 000	−1 594 000	167 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 411 000	963 000
Real Eastate	6 395 000	7 592 000	8 724 000	11 162 000
Machinery and Plant Facilities	22 000	29 000	36 000	48 000
Fixtures	146 000	146 000	146 000	85 000
Total Tangible Assets	6 563 000	7 768 000	8 907 000	11 296 000
Total Fiancial Fixed Assets	448 666 000	369 064 000	376 386 000	324 463 000
Total Fixed Assets	455 229 000	376 832 000	386 703 000	336 722 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	751 000	634 000	3 671 000	2 022 000
Total Current Assets	10 249 000	45 173 000	26 511 000	16 828 000
Total Assets	465 478 000	422 006 000	413 215 000	353 550 000
Total Equity	25 038 000	24 860 000	19 492 000	28 586 000
Short-Term Group Debt	0	4 522 000	2 242 000	34 579 000
Total Long-Term Debt	428 354 000	381 131 000	375 675 000	276 499 000
Creditors	15 000	5 000	86 000	8 000
Unpaid Taxes	242 000	264 000	162 000	190 000
Dividends	0	0	7 500 000	7 500 000
Other Current Debt	11 829 000	11 224 000	8 058 000	6 189 000
Total Current Debt	12 086 000	16 015 000	18 048 000	48 465 000
Total Equity and Debt	465 478 000	422 006 000	413 215 000	353 550 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,71 %	21,59 %	−8,18 %	0,58 %
Debt-to-Equity Ratio	17,11	15,33	19,27	9,67
Operating Profit Margin	−309,65 %	−397,49 %	−197,07 %	−619,97 %
Current Ratio	0,85	2,82	1,47	0,35
Quick Ratio	0,85	2,82	1,47	0,35
Equity Ratio	0,05	0,06	0,05	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %