SØTT AS

5059 BERGEN

Finances

Return on Equity

2,28 %

Current Ratio

10,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	197 000	336 000	283 000	8 833 000
Total Assets	9 173 000	9 644 000	10 419 000	10 563 000
Total Equity	8 649 000	9 331 000	10 346 000	10 563 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	12 000	11 000	9 000	179 000
Operating Profit	−12 000	−11 000	−9 000	−179 000
Financial Income	254 000	398 000	355 000	9 028 000
Financial Costs	0	0	0	17 000
Financial Balance	254 000	398 000	355 000	9 011 000
Earnings Before Tax	241 000	387 000	346 000	8 833 000
Tax	44 000	52 000	63 000	0
Net Income	197 000	336 000	283 000	8 833 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 500 000	3 488 000	3 052 000	3 052 000
Total Current Assets	5 673 000	6 156 000	7 367 000	7 510 000
Total Assets	9 173 000	9 644 000	10 419 000	10 563 000
Total Retained Equity	8 549 000	9 231 000	10 246 000	10 463 000
Total Equity	8 649 000	9 331 000	10 346 000	10 563 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	524 000	313 000	73 000	0
Total Equity and Debt	9 173 000	9 644 000	10 419 000	10 563 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	12 000	11 000	9 000	179 000
Operating Profit	−12 000	−11 000	−9 000	−179 000
Financial Income	254 000	398 000	355 000	9 028 000
Financial Costs	0	0	0	17 000
Financial Balance	254 000	398 000	355 000	9 011 000
Dividends	880 000	1 350 000	500 000	600 000
Net Income	197 000	336 000	283 000	8 833 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 500 000	3 488 000	3 052 000	3 052 000
Total Fixed Assets	3 500 000	3 488 000	3 052 000	3 052 000
Stock	0	0	0	0
Total Investments	3 859 000	4 205 000	5 513 000	4 700 000
Cash, Bank	39 000	76 000	79 000	2 810 000
Total Current Assets	5 673 000	6 156 000	7 367 000	7 510 000
Total Assets	9 173 000	9 644 000	10 419 000	10 563 000
Total Equity	8 649 000	9 331 000	10 346 000	10 563 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	11 000	10 000	0
Unpaid Taxes	0	0	0	0
Dividends	880 000	1 350 000	500 000	600 000
Other Current Debt	480 000	250 000	0	0
Total Current Debt	524 000	313 000	73 000	0
Total Equity and Debt	9 173 000	9 644 000	10 419 000	10 563 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,28 %	3,6 %	2,74 %	83,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	10,83	19,67	100,92	-
Quick Ratio	10,83	19,67	100,92	-
Equity Ratio	0,94	0,97	0,99	1
Gross Profit Margin	-	-	-	-