SØRHAUGGATA BORETTSLAG

5527 HAUGESUND

Finances

Share Ownership

Return on Equity

32,85 %

Current Ratio

96,77

Debt-to-Equity Ratio

10,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	937 000	888 000	891 000	891 000
Net Income	320 000	112 000	243 000	333 000
Total Assets	11 216 000	11 093 000	11 121 000	11 101 000
Total Equity	974 000	654 000	542 000	299 000

Income (NOK)	2022	2021	2020	2019
Revenue	937 000	888 000	891 000	891 000
Expenditure	421 000	555 000	411 000	339 000
Operating Profit	517 000	266 000	422 000	533 000
Financial Income	7 000	3 000	3 000	4 000
Financial Costs	204 000	157 000	182 000	204 000
Financial Balance	−197 000	−154 000	−179 000	−200 000
Earnings Before Tax	320 000	179 000	125 000	164 000
Tax	0	0	0	0
Net Income	320 000	112 000	243 000	333 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 958 000	9 958 000	9 958 000	9 958 000
Total Current Assets	1 258 000	1 135 000	1 163 000	1 143 000
Total Assets	11 216 000	11 093 000	11 121 000	11 101 000
Total Retained Equity	973 000	653 000	541 000	298 000
Total Equity	974 000	654 000	542 000	299 000
Total Long-Term Debt	10 228 000	10 424 000	10 579 000	10 758 000
Total Current Debt	13 000	15 000	1 000	43 000
Total Equity and Debt	11 216 000	11 093 000	11 121 000	11 101 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	937 000	888 000	715 000	703 000
Revenue	937 000	888 000	891 000	891 000
Cost of Goods Sold	0	0	0	0
Salary Costs	60 000	57 000	57 000	63 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	421 000	555 000	411 000	339 000
Operating Profit	517 000	266 000	422 000	533 000
Financial Income	7 000	3 000	3 000	4 000
Financial Costs	204 000	157 000	182 000	204 000
Financial Balance	−197 000	−154 000	−179 000	−200 000
Dividends	0	0	0	0
Net Income	320 000	112 000	243 000	333 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 958 000	9 958 000	9 958 000	9 958 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 958 000	9 958 000	9 958 000	9 958 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 958 000	9 958 000	9 958 000	9 958 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 241 000	1 119 000	1 144 000	1 091 000
Total Current Assets	1 258 000	1 135 000	1 163 000	1 143 000
Total Assets	11 216 000	11 093 000	11 121 000	11 101 000
Total Equity	974 000	654 000	542 000	299 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 228 000	10 424 000	10 579 000	10 758 000
Creditors	6 000	11 000	−2 000	41 000
Unpaid Taxes	1 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	3 000	2 000	2 000
Total Current Debt	13 000	15 000	1 000	43 000
Total Equity and Debt	11 216 000	11 093 000	11 121 000	11 101 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,85 %	17,13 %	44,83 %	111,37 %
Debt-to-Equity Ratio	10,5	15,94	19,52	35,98
Operating Profit Margin	55,18 %	29,95 %	47,36 %	59,82 %
Current Ratio	96,77	75,67	1 163	26,58
Quick Ratio	96,77	75,67	1 163	26,58
Equity Ratio	0,09	0,06	0,05	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %