SHETLANDSGATE BORETTSLAG

3211 SANDEFJORD

Finances

Share Ownership

Return on Equity

8,11 %

Current Ratio

1,87

Debt-to-Equity Ratio

3,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 043 000	1 017 000	979 000	920 000
Net Income	739 000	756 000	396 000	672 000
Total Assets	37 709 000	37 721 000	37 679 000	37 583 000
Total Equity	9 117 000	8 378 000	7 622 000	7 226 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 043 000	1 017 000	979 000	920 000
Expenditure	767 000	778 000	1 063 000	668 000
Operating Profit	815 000	812 000	463 000	752 000
Financial Income	3 000	1 000	1 000	3 000
Financial Costs	79 000	56 000	68 000	82 000
Financial Balance	−76 000	−55 000	−67 000	−79 000
Earnings Before Tax	739 000	756 000	396 000	672 000
Tax	0	0	0	0
Net Income	739 000	756 000	396 000	672 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 880 000	36 880 000	37 039 000	37 038 000
Total Current Assets	829 000	841 000	640 000	545 000
Total Assets	37 709 000	37 721 000	37 679 000	37 583 000
Total Retained Equity	9 115 000	8 376 000	7 620 000	7 224 000
Total Equity	9 117 000	8 378 000	7 622 000	7 226 000
Total Long-Term Debt	28 149 000	28 897 000	29 689 000	30 063 000
Total Current Debt	443 000	446 000	368 000	294 000
Total Equity and Debt	37 709 000	37 721 000	37 679 000	37 583 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 582 000	1 590 000	1 526 000	1 420 000
Revenue	1 043 000	1 017 000	979 000	920 000
Cost of Goods Sold	0	0	0	0
Salary Costs	34 000	34 000	34 000	25 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	767 000	778 000	1 063 000	668 000
Operating Profit	815 000	812 000	463 000	752 000
Financial Income	3 000	1 000	1 000	3 000
Financial Costs	79 000	56 000	68 000	82 000
Financial Balance	−76 000	−55 000	−67 000	−79 000
Dividends	0	0	0	0
Net Income	739 000	756 000	396 000	672 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	36 880 000	36 880 000	36 880 000	36 880 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	36 880 000	36 880 000	36 880 000	36 880 000
Total Fiancial Fixed Assets	0	0	159 000	158 000
Total Fixed Assets	36 880 000	36 880 000	37 039 000	37 038 000
Stock	0	0	0	0
Total Investments	307 000	339 000	157 000	228 000
Cash, Bank	362 000	372 000	367 000	200 000
Total Current Assets	829 000	841 000	640 000	545 000
Total Assets	37 709 000	37 721 000	37 679 000	37 583 000
Total Equity	9 117 000	8 378 000	7 622 000	7 226 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 149 000	28 897 000	29 689 000	30 063 000
Creditors	189 000	139 000	173 000	113 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	255 000	307 000	195 000	181 000
Total Current Debt	443 000	446 000	368 000	294 000
Total Equity and Debt	37 709 000	37 721 000	37 679 000	37 583 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,11 %	9,02 %	5,2 %	9,3 %
Debt-to-Equity Ratio	3,09	3,45	3,9	4,16
Operating Profit Margin	78,14 %	79,84 %	47,29 %	81,74 %
Current Ratio	1,87	1,89	1,74	1,85
Quick Ratio	1,87	1,89	1,74	1,85
Equity Ratio	0,24	0,22	0,2	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %