SORTLAND BOLIGSTIFTELSE

8402 SORTLAND

Finances

Share Ownership

Return on Equity

38,55 %

Current Ratio

0,48

Debt-to-Equity Ratio

2,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 305 000	27 647 000	26 569 000	27 183 000
Net Income	12 798 000	862 000	48 000	−225 000
Total Assets	118 554 000	112 437 000	112 517 000	113 934 000
Total Equity	33 200 000	20 403 000	19 540 000	19 492 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 305 000	27 647 000	26 569 000	27 183 000
Expenditure	28 449 000	25 388 000	24 114 000	25 683 000
Operating Profit	13 855 000	2 260 000	2 456 000	1 499 000
Financial Income	337 000	34 000	170 000	190 000
Financial Costs	1 394 000	1 432 000	2 577 000	1 915 000
Financial Balance	−1 057 000	−1 398 000	−2 407 000	−1 725 000
Earnings Before Tax	12 798 000	862 000	48 000	−225 000
Tax	0	0	0	0
Net Income	12 798 000	862 000	48 000	−225 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	115 161 000	108 708 000	106 571 000	106 798 000
Total Current Assets	3 392 000	3 729 000	5 946 000	7 137 000
Total Assets	118 554 000	112 437 000	112 517 000	113 934 000
Total Retained Equity	33 000 000	20 203 000	19 340 000	19 292 000
Total Equity	33 200 000	20 403 000	19 540 000	19 492 000
Total Long-Term Debt	78 238 000	84 302 000	81 494 000	88 219 000
Total Current Debt	7 116 000	7 732 000	11 482 000	6 223 000
Total Equity and Debt	118 554 000	112 437 000	112 517 000	113 934 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 935 000	27 647 000	26 569 000	27 183 000
Other Income	13 370 000	0	0	0
Revenue	42 305 000	27 647 000	26 569 000	27 183 000
Cost of Goods Sold	264 000	213 000	252 000	118 000
Salary Costs	6 739 000	6 148 000	5 575 000	5 489 000
Depreciation	6 570 000	5 976 000	6 105 000	6 112 000
Impairment	0	0	0	0
Expenditure	28 449 000	25 388 000	24 114 000	25 683 000
Operating Profit	13 855 000	2 260 000	2 456 000	1 499 000
Financial Income	337 000	34 000	170 000	190 000
Financial Costs	1 394 000	1 432 000	2 577 000	1 915 000
Financial Balance	−1 057 000	−1 398 000	−2 407 000	−1 725 000
Dividends	0	0	0	0
Net Income	12 798 000	862 000	48 000	−225 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	111 710 000	104 512 000	102 568 000	102 213 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	27 000	93 000	244 000	133 000
Total Tangible Assets	111 737 000	104 605 000	102 813 000	102 346 000
Total Fiancial Fixed Assets	3 424 000	4 103 000	3 758 000	4 452 000
Total Fixed Assets	115 161 000	108 708 000	106 571 000	106 798 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 278 000	2 247 000	1 598 000	5 592 000
Total Current Assets	3 392 000	3 729 000	5 946 000	7 137 000
Total Assets	118 554 000	112 437 000	112 517 000	113 934 000
Total Equity	33 200 000	20 403 000	19 540 000	19 492 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	78 238 000	84 302 000	81 494 000	88 219 000
Creditors	3 896 000	1 491 000	370 000	1 229 000
Unpaid Taxes	969 000	1 155 000	1 098 000	774 000
Dividends	0	0	0	0
Other Current Debt	2 231 000	2 917 000	3 027 000	2 363 000
Total Current Debt	7 116 000	7 732 000	11 482 000	6 223 000
Total Equity and Debt	118 554 000	112 437 000	112 517 000	113 934 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,55 %	4,22 %	0,25 %	−1,15 %
Debt-to-Equity Ratio	2,36	4,13	4,17	4,53
Operating Profit Margin	32,75 %	8,17 %	9,24 %	5,51 %
Current Ratio	0,48	0,48	0,52	1,15
Quick Ratio	0,48	0,48	0,52	1,15
Equity Ratio	0,28	0,18	0,17	0,17
Gross Profit Margin	99,38 %	99,23 %	99,05 %	99,57 %