SØVE EIENDOM AS

3830 ULEFOSS

Finances

Return on Equity

27,62 %

Current Ratio

1,99

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2020	2019
Revenue	160 649 000	1 416 000	1 356 000
Net Income	14 030 000	2 029 000	1 784 000
Total Assets	95 516 000	10 422 000	11 632 000
Total Equity	50 799 000	5 660 000	5 031 000

Income (NOK)	2022	2020	2019
Revenue	160 649 000	1 416 000	1 356 000
Expenditure	143 601 000	622 000	509 000
Operating Profit	18 316 000	794 000	847 000
Financial Income	148 000	1 510 000	1 275 000
Financial Costs	600 000	93 000	188 000
Financial Balance	−452 000	1 417 000	1 087 000
Earnings Before Tax	17 864 000	2 212 000	1 934 000
Tax	3 834 000	183 000	150 000
Net Income	14 030 000	2 029 000	1 784 000

Balance (NOK)	2022	2020	2019
Total Fixed Assets	10 095 000	8 609 000	8 999 000
Total Current Assets	85 421 000	1 813 000	2 633 000
Total Assets	95 516 000	10 422 000	11 632 000
Total Retained Equity	49 708 000	4 569 000	3 940 000
Total Equity	50 799 000	5 660 000	5 031 000
Total Long-Term Debt	1 870 000	2 733 000	3 788 000
Total Current Debt	42 847 000	2 028 000	2 813 000
Total Equity and Debt	95 516 000	10 422 000	11 632 000

Cash flow (NOK)	2022	2020	2019
Sales Income	160 649 000	0	0
Other Income	0	1 416 000	1 356 000
Revenue	160 649 000	1 416 000	1 356 000
Cost of Goods Sold	86 077 000	0	0
Salary Costs	35 488 000	0	0
Depreciation	1 153 000	390 000	364 000
Impairment	0	0	0
Expenditure	143 601 000	622 000	509 000
Operating Profit	18 316 000	794 000	847 000
Financial Income	148 000	1 510 000	1 275 000
Financial Costs	600 000	93 000	188 000
Financial Balance	−452 000	1 417 000	1 087 000
Dividends	0	1 400 000	1 300 000
Net Income	14 030 000	2 029 000	1 784 000

Balance details (NOK)	2022	2020	2019
Goodwill	0	0	0
Total Intangible Assets	168 000	0	0
Real Eastate	6 191 000	6 971 000	7 361 000
Machinery and Plant Facilities	0	0	0
Fixtures	3 408 000	0	0
Total Tangible Assets	9 599 000	6 971 000	7 361 000
Total Fiancial Fixed Assets	328 000	1 637 000	1 637 000
Total Fixed Assets	10 095 000	8 609 000	8 999 000
Stock	21 746 000	0	0
Total Investments	0	0	0
Cash, Bank	24 466 000	367 000	1 348 000
Total Current Assets	85 421 000	1 813 000	2 633 000
Total Assets	95 516 000	10 422 000	11 632 000
Total Equity	50 799 000	5 660 000	5 031 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 870 000	2 733 000	3 788 000
Creditors	10 929 000	0	12 000
Unpaid Taxes	8 720 000	57 000	52 000
Dividends	0	1 400 000	1 300 000
Other Current Debt	20 634 000	1 761 000	2 575 000
Total Current Debt	42 847 000	2 028 000	2 813 000
Total Equity and Debt	95 516 000	10 422 000	11 632 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,62 %	-	35,85 %	35,46 %
Debt-to-Equity Ratio	0,04	-	0,48	0,75
Operating Profit Margin	11,4 %	-	56,07 %	62,46 %
Current Ratio	1,99	-	0,89	0,94
Quick Ratio	4,05	-	0,89	0,94
Equity Ratio	0,53	-	0,54	0,43
Gross Profit Margin	46,42 %	-	100 %	100 %