SØRSVANNSVEIEN 1 AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

4,55 %

Current Ratio

0,43

Debt-to-Equity Ratio

2,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 246 000	1 195 000	1 045 000	983 000
Net Income	74 000	304 000	85 000	−56 000
Total Assets	6 235 000	6 604 000	6 623 000	6 664 000
Total Equity	1 627 000	1 553 000	1 249 000	1 165 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 246 000	1 195 000	1 045 000	983 000
Expenditure	937 000	652 000	740 000	830 000
Operating Profit	309 000	543 000	305 000	152 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	206 000	153 000	196 000	223 000
Financial Balance	−205 000	−152 000	−195 000	−222 000
Earnings Before Tax	103 000	391 000	110 000	−70 000
Tax	29 000	87 000	25 000	−14 000
Net Income	74 000	304 000	85 000	−56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 103 000	6 280 000	6 441 000	6 565 000
Total Current Assets	132 000	324 000	182 000	100 000
Total Assets	6 235 000	6 604 000	6 623 000	6 664 000
Total Retained Equity	1 467 000	1 393 000	1 089 000	1 005 000
Total Equity	1 627 000	1 553 000	1 249 000	1 165 000
Total Long-Term Debt	4 299 000	4 587 000	4 884 000	5 148 000
Total Current Debt	309 000	465 000	490 000	351 000
Total Equity and Debt	6 235 000	6 604 000	6 623 000	6 664 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 246 000	1 195 000	1 045 000	983 000
Revenue	1 246 000	1 195 000	1 045 000	983 000
Cost of Goods Sold	0	6 000	0	0
Salary Costs	0	0	0	0
Depreciation	160 000	161 000	159 000	154 000
Impairment	0	0	0	0
Expenditure	937 000	652 000	740 000	830 000
Operating Profit	309 000	543 000	305 000	152 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	206 000	153 000	196 000	223 000
Financial Balance	−205 000	−152 000	−195 000	−222 000
Dividends	0	0	0	0
Net Income	74 000	304 000	85 000	−56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 103 000	6 257 000	6 411 000	6 565 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	23 000	30 000	0
Total Tangible Assets	6 103 000	6 280 000	6 441 000	6 565 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 103 000	6 280 000	6 441 000	6 565 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	94 000	279 000	117 000	63 000
Total Current Assets	132 000	324 000	182 000	100 000
Total Assets	6 235 000	6 604 000	6 623 000	6 664 000
Total Equity	1 627 000	1 553 000	1 249 000	1 165 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 299 000	4 587 000	4 884 000	5 148 000
Creditors	22 000	24 000	22 000	41 000
Unpaid Taxes	22 000	11 000	11 000	0
Dividends	0	0	0	0
Other Current Debt	232 000	340 000	448 000	310 000
Total Current Debt	309 000	465 000	490 000	351 000
Total Equity and Debt	6 235 000	6 604 000	6 623 000	6 664 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,55 %	19,58 %	6,81 %	−4,81 %
Debt-to-Equity Ratio	2,64	2,95	3,91	4,42
Operating Profit Margin	24,8 %	45,44 %	29,19 %	15,46 %
Current Ratio	0,43	0,7	0,37	0,28
Quick Ratio	0,43	0,7	0,37	0,28
Equity Ratio	0,26	0,24	0,19	0,17
Gross Profit Margin	100 %	99,5 %	100 %	100 %