SØBAKKEN BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

6,74 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 697 000	1 661 000	1 624 000	1 713 000
Net Income	572 000	500 000	738 000	705 000
Total Assets	16 701 000	16 769 000	16 823 000	16 698 000
Total Equity	8 483 000	7 911 000	7 411 000	6 673 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 697 000	1 661 000	1 624 000	1 713 000
Expenditure	942 000	1 082 000	750 000	839 000
Operating Profit	683 000	580 000	874 000	875 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	111 000	80 000	138 000	172 000
Financial Balance	−110 000	−79 000	−137 000	−170 000
Earnings Before Tax	644 000	500 000	738 000	705 000
Tax	0	0	0	0
Net Income	572 000	500 000	738 000	705 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 442 000	16 442 000	16 345 000	16 345 000
Total Current Assets	259 000	327 000	479 000	354 000
Total Assets	16 701 000	16 769 000	16 823 000	16 698 000
Total Retained Equity	8 482 000	7 909 000	7 409 000	6 671 000
Total Equity	8 483 000	7 911 000	7 411 000	6 673 000
Total Long-Term Debt	8 042 000	8 677 000	9 322 000	9 934 000
Total Current Debt	176 000	181 000	90 000	92 000
Total Equity and Debt	16 701 000	16 769 000	16 823 000	16 698 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 697 000	1 661 000	1 624 000	1 713 000
Other Income	0	0	0	0
Revenue	1 697 000	1 661 000	1 624 000	1 713 000
Cost of Goods Sold	0	0	0	0
Salary Costs	27 000	30 000	24 000	23 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	942 000	1 082 000	750 000	839 000
Operating Profit	683 000	580 000	874 000	875 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	111 000	80 000	138 000	172 000
Financial Balance	−110 000	−79 000	−137 000	−170 000
Dividends	0	0	0	0
Net Income	572 000	500 000	738 000	705 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 442 000	16 442 000	16 345 000	16 345 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 442 000	16 442 000	16 345 000	16 345 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 442 000	16 442 000	16 345 000	16 345 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	259 000	327 000	479 000	354 000
Total Current Assets	259 000	327 000	479 000	354 000
Total Assets	16 701 000	16 769 000	16 823 000	16 698 000
Total Equity	8 483 000	7 911 000	7 411 000	6 673 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 042 000	8 677 000	9 322 000	9 934 000
Creditors	113 000	95 000	51 000	55 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	63 000	86 000	39 000	37 000
Total Current Debt	176 000	181 000	90 000	92 000
Total Equity and Debt	16 701 000	16 769 000	16 823 000	16 698 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,74 %	6,32 %	9,96 %	10,56 %
Debt-to-Equity Ratio	0,95	1,1	1,26	1,49
Operating Profit Margin	40,25 %	34,92 %	53,82 %	51,08 %
Current Ratio	1,47	1,81	5,32	3,85
Quick Ratio	1,47	1,81	5,32	3,85
Equity Ratio	0,51	0,47	0,44	0,4
Gross Profit Margin	100 %	100 %	100 %	100 %