SIMSØHØGDA BORETTSLAG

8890 LEIRFJORD

Finances

Share Ownership

Return on Equity

11,19 %

Current Ratio

5,43

Debt-to-Equity Ratio

2,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	954 000	954 000	954 000	954 000
Net Income	394 000	523 000	431 000	400 000
Total Assets	11 333 000	11 364 000	11 268 000	11 258 000
Total Equity	3 520 000	3 127 000	2 604 000	2 172 000

Income (NOK)	2022	2021	2020	2019
Revenue	954 000	954 000	954 000	954 000
Expenditure	472 000	363 000	407 000	420 000
Operating Profit	482 000	588 000	548 000	535 000
Financial Income	6 000	1 000	1 000	4 000
Financial Costs	95 000	66 000	117 000	138 000
Financial Balance	−89 000	−65 000	−116 000	−134 000
Earnings Before Tax	394 000	526 000	431 000	400 000
Tax	0	0	0	0
Net Income	394 000	523 000	431 000	400 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 888 000	10 888 000	10 888 000	10 888 000
Total Current Assets	445 000	476 000	380 000	370 000
Total Assets	11 333 000	11 364 000	11 268 000	11 258 000
Total Retained Equity	3 519 000	3 125 000	2 602 000	2 171 000
Total Equity	3 520 000	3 127 000	2 604 000	2 172 000
Total Long-Term Debt	7 731 000	8 144 000	8 575 000	8 984 000
Total Current Debt	82 000	93 000	89 000	101 000
Total Equity and Debt	11 333 000	11 364 000	11 268 000	11 258 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	954 000	954 000	954 000	954 000
Revenue	954 000	954 000	954 000	954 000
Cost of Goods Sold	0	0	0	0
Salary Costs	33 000	0	32 000	32 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	472 000	363 000	407 000	420 000
Operating Profit	482 000	588 000	548 000	535 000
Financial Income	6 000	1 000	1 000	4 000
Financial Costs	95 000	66 000	117 000	138 000
Financial Balance	−89 000	−65 000	−116 000	−134 000
Dividends	0	0	0	0
Net Income	394 000	523 000	431 000	400 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 888 000	10 888 000	10 888 000	10 888 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 888 000	10 888 000	10 888 000	10 888 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 888 000	10 888 000	10 888 000	10 888 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	377 000	406 000	313 000	313 000
Total Current Assets	445 000	476 000	380 000	370 000
Total Assets	11 333 000	11 364 000	11 268 000	11 258 000
Total Equity	3 520 000	3 127 000	2 604 000	2 172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 731 000	8 144 000	8 575 000	8 984 000
Creditors	68 000	64 000	60 000	73 000
Unpaid Taxes	0	0	0	6 000
Dividends	0	0	0	0
Other Current Debt	14 000	29 000	29 000	22 000
Total Current Debt	82 000	93 000	89 000	101 000
Total Equity and Debt	11 333 000	11 364 000	11 268 000	11 258 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,19 %	16,73 %	16,55 %	18,42 %
Debt-to-Equity Ratio	2,2	2,6	3,29	4,14
Operating Profit Margin	50,52 %	61,64 %	57,44 %	56,08 %
Current Ratio	5,43	5,12	4,27	3,66
Quick Ratio	5,43	5,12	4,27	3,66
Equity Ratio	0,31	0,28	0,23	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %