SØRFLÅTVEIEN 8 AS

4018 STAVANGER

Finances

Share Ownership

Return on Equity

7,6 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 622 000	1 601 000	1 328 000	1 484 000
Net Income	580 000	622 000	442 000	602 000
Total Assets	11 185 000	11 745 000	11 620 000	11 704 000
Total Equity	7 634 000	7 653 000	7 631 000	7 189 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 622 000	1 601 000	1 328 000	1 484 000
Expenditure	785 000	728 000	657 000	570 000
Operating Profit	836 000	873 000	671 000	914 000
Financial Income	3 000	0	0	1 000
Financial Costs	95 000	76 000	105 000	143 000
Financial Balance	−92 000	−76 000	−105 000	−142 000
Earnings Before Tax	744 000	798 000	567 000	772 000
Tax	164 000	176 000	125 000	170 000
Net Income	580 000	622 000	442 000	602 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 095 000	10 355 000	10 615 000	10 842 000
Total Current Assets	1 090 000	1 391 000	1 005 000	862 000
Total Assets	11 185 000	11 745 000	11 620 000	11 704 000
Total Retained Equity	4 934 000	4 953 000	4 931 000	4 489 000
Total Equity	7 634 000	7 653 000	7 631 000	7 189 000
Total Long-Term Debt	2 534 000	3 130 000	3 704 000	4 138 000
Total Current Debt	1 018 000	962 000	285 000	376 000
Total Equity and Debt	11 185 000	11 745 000	11 620 000	11 704 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 622 000	1 601 000	1 328 000	1 484 000
Revenue	1 622 000	1 601 000	1 328 000	1 484 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	260 000	260 000	263 000	260 000
Impairment	0	0	0	0
Expenditure	785 000	728 000	657 000	570 000
Operating Profit	836 000	873 000	671 000	914 000
Financial Income	3 000	0	0	1 000
Financial Costs	95 000	76 000	105 000	143 000
Financial Balance	−92 000	−76 000	−105 000	−142 000
Dividends	600 000	600 000	0	0
Net Income	580 000	622 000	442 000	602 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 095 000	10 355 000	10 615 000	10 842 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 095 000	10 355 000	10 615 000	10 842 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 095 000	10 355 000	10 615 000	10 842 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	959 000	1 218 000	883 000	715 000
Total Current Assets	1 090 000	1 391 000	1 005 000	862 000
Total Assets	11 185 000	11 745 000	11 620 000	11 704 000
Total Equity	7 634 000	7 653 000	7 631 000	7 189 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 534 000	3 130 000	3 704 000	4 138 000
Creditors	57 000	33 000	4 000	53 000
Unpaid Taxes	7 000	0	5 000	0
Dividends	600 000	600 000	0	0
Other Current Debt	173 000	159 000	145 000	159 000
Total Current Debt	1 018 000	962 000	285 000	376 000
Total Equity and Debt	11 185 000	11 745 000	11 620 000	11 704 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,6 %	8,13 %	5,79 %	8,37 %
Debt-to-Equity Ratio	0,33	0,41	0,49	0,58
Operating Profit Margin	51,54 %	54,53 %	50,53 %	61,59 %
Current Ratio	1,07	1,45	3,53	2,29
Quick Ratio	1,07	1,45	3,53	2,29
Equity Ratio	0,68	0,65	0,66	0,61
Gross Profit Margin	100 %	100 %	100 %	100 %