SERAD EIENDOM AS

4009 STAVANGER

Finances

Share Ownership

Return on Equity

27,36 %

Current Ratio

0,76

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 529 000	6 774 000	4 780 000	4 580 000
Net Income	4 868 000	2 608 000	938 000	786 000
Total Assets	31 720 000	38 890 000	37 447 000	36 607 000
Total Equity	17 793 000	14 175 000	12 067 000	11 879 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 529 000	6 774 000	4 780 000	4 580 000
Expenditure	3 703 000	3 435 000	2 409 000	2 738 000
Operating Profit	6 826 000	3 339 000	2 371 000	1 841 000
Financial Income	6 000	524 000	9 000	23 000
Financial Costs	591 000	519 000	1 178 000	856 000
Financial Balance	−585 000	5 000	−1 169 000	−833 000
Earnings Before Tax	6 241 000	3 344 000	1 202 000	1 008 000
Tax	1 373 000	736 000	265 000	222 000
Net Income	4 868 000	2 608 000	938 000	786 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 960 000	37 921 000	35 214 000	35 304 000
Total Current Assets	1 761 000	969 000	2 234 000	1 303 000
Total Assets	31 720 000	38 890 000	37 447 000	36 607 000
Total Retained Equity	17 693 000	14 075 000	11 967 000	11 779 000
Total Equity	17 793 000	14 175 000	12 067 000	11 879 000
Total Long-Term Debt	11 597 000	23 303 000	24 064 000	23 511 000
Total Current Debt	2 330 000	1 412 000	1 317 000	1 217 000
Total Equity and Debt	31 720 000	38 890 000	37 447 000	36 607 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 822 000	4 985 000	4 780 000	4 580 000
Other Income	5 707 000	1 788 000	0	0
Revenue	10 529 000	6 774 000	4 780 000	4 580 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 293 000	1 100 000	1 071 000	1 050 000
Depreciation	70 000	80 000	90 000	90 000
Impairment	0	0	0	0
Expenditure	3 703 000	3 435 000	2 409 000	2 738 000
Operating Profit	6 826 000	3 339 000	2 371 000	1 841 000
Financial Income	6 000	524 000	9 000	23 000
Financial Costs	591 000	519 000	1 178 000	856 000
Financial Balance	−585 000	5 000	−1 169 000	−833 000
Dividends	500 000	250 000	250 000	250 000
Net Income	4 868 000	2 608 000	938 000	786 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	29 941 000	37 877 000	35 135 000	35 180 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	44 000	79 000	124 000
Total Tangible Assets	29 960 000	37 921 000	35 214 000	35 304 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 960 000	37 921 000	35 214 000	35 304 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 538 000	842 000	2 138 000	1 220 000
Total Current Assets	1 761 000	969 000	2 234 000	1 303 000
Total Assets	31 720 000	38 890 000	37 447 000	36 607 000
Total Equity	17 793 000	14 175 000	12 067 000	11 879 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 597 000	23 303 000	24 064 000	23 511 000
Creditors	0	0	0	0
Unpaid Taxes	17 000	14 000	14 000	14 000
Dividends	500 000	250 000	250 000	250 000
Other Current Debt	1 234 000	681 000	733 000	755 000
Total Current Debt	2 330 000	1 412 000	1 317 000	1 217 000
Total Equity and Debt	31 720 000	38 890 000	37 447 000	36 607 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,36 %	18,4 %	7,77 %	6,62 %
Debt-to-Equity Ratio	0,65	1,64	1,99	1,98
Operating Profit Margin	64,83 %	49,29 %	49,6 %	40,2 %
Current Ratio	0,76	0,69	1,7	1,07
Quick Ratio	0,76	0,69	1,7	1,07
Equity Ratio	0,56	0,36	0,32	0,32
Gross Profit Margin	100 %	100 %	100 %	100 %