SKAGEN SØR EIENDOM AS

5523 HAUGESUND

Finances

Share Ownership

Return on Equity

−15,27 %

Current Ratio

3,39

Debt-to-Equity Ratio

5,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	767 000	683 000	460 000	403 000
Net Income	−100 000	−124 000	−214 000	−232 000
Total Assets	4 322 000	4 525 000	4 959 000	3 660 000
Total Equity	655 000	658 000	782 000	792 000

Income (NOK)	2022	2021	2020	2019
Revenue	767 000	683 000	460 000	403 000
Expenditure	744 000	733 000	625 000	597 000
Operating Profit	23 000	−50 000	−165 000	−194 000
Financial Income	0	0	0	0
Financial Costs	151 000	110 000	110 000	103 000
Financial Balance	−151 000	−110 000	−110 000	−103 000
Earnings Before Tax	−128 000	−159 000	−275 000	−297 000
Tax	−28 000	−35 000	−60 000	−65 000
Net Income	−100 000	−124 000	−214 000	−232 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 698 000	3 985 000	4 369 000	3 235 000
Total Current Assets	623 000	540 000	590 000	424 000
Total Assets	4 322 000	4 525 000	4 959 000	3 660 000
Total Retained Equity	0	0	0	0
Total Equity	655 000	658 000	782 000	792 000
Total Long-Term Debt	3 483 000	3 761 000	4 072 000	2 713 000
Total Current Debt	184 000	106 000	104 000	155 000
Total Equity and Debt	4 322 000	4 525 000	4 959 000	3 660 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	767 000	683 000	460 000	403 000
Revenue	767 000	683 000	460 000	403 000
Cost of Goods Sold	0	0	0	0
Salary Costs	150 000	50 000	100 000	100 000
Depreciation	272 000	272 000	237 000	226 000
Impairment	0	0	0	0
Expenditure	744 000	733 000	625 000	597 000
Operating Profit	23 000	−50 000	−165 000	−194 000
Financial Income	0	0	0	0
Financial Costs	151 000	110 000	110 000	103 000
Financial Balance	−151 000	−110 000	−110 000	−103 000
Dividends	0	0	0	0
Net Income	−100 000	−124 000	−214 000	−232 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 676 000	3 952 000	4 359 000	3 220 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 000	33 000	10 000	15 000
Total Tangible Assets	3 698 000	3 985 000	4 369 000	3 235 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 698 000	3 985 000	4 369 000	3 235 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	199 000	257 000	93 000	29 000
Total Current Assets	623 000	540 000	590 000	424 000
Total Assets	4 322 000	4 525 000	4 959 000	3 660 000
Total Equity	655 000	658 000	782 000	792 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 483 000	3 761 000	4 072 000	2 713 000
Creditors	47 000	16 000	74 000	132 000
Unpaid Taxes	24 000	5 000	0	0
Dividends	0	0	0	0
Other Current Debt	113 000	85 000	30 000	22 000
Total Current Debt	184 000	106 000	104 000	155 000
Total Equity and Debt	4 322 000	4 525 000	4 959 000	3 660 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,27 %	−18,84 %	−27,37 %	−29,29 %
Debt-to-Equity Ratio	5,32	5,72	5,21	3,43
Operating Profit Margin	3 %	−7,32 %	−35,87 %	−48,14 %
Current Ratio	3,39	5,09	5,67	2,74
Quick Ratio	3,39	5,09	5,67	2,74
Equity Ratio	0,15	0,15	0,16	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %