SØVIKEN INVEST AS

5251 SØREIDGREND

Finances

Return on Equity

53,03 %

Current Ratio

1,43

Debt-to-Equity Ratio

1,55

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 620 000	1 340 000	1 860 000	1 660 000
Net Income	3 034 000	176 000	427 000	228 000
Total Assets	17 640 000	12 066 000	12 868 000	12 663 000
Total Equity	5 721 000	2 688 000	2 512 000	2 085 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 620 000	1 340 000	1 860 000	1 660 000
Expenditure	560 000	800 000	589 000	521 000
Operating Profit	1 060 000	539 000	1 271 000	1 139 000
Financial Income	3 108 000	1 000	0	0
Financial Costs	279 000	314 000	649 000	729 000
Financial Balance	2 829 000	−313 000	−649 000	−729 000
Earnings Before Tax	3 889 000	226 000	622 000	410 000
Tax	856 000	50 000	195 000	182 000
Net Income	3 034 000	176 000	427 000	228 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	13 248 000	10 060 000	10 296 000	10 532 000
Total Current Assets	4 393 000	2 006 000	2 571 000	2 131 000
Total Assets	17 640 000	12 066 000	12 868 000	12 663 000
Total Retained Equity	5 621 000	2 588 000	2 412 000	1 985 000
Total Equity	5 721 000	2 688 000	2 512 000	2 085 000
Total Long-Term Debt	8 854 000	8 837 000	9 229 000	9 198 000
Total Current Debt	3 065 000	541 000	1 127 000	1 381 000
Total Equity and Debt	17 640 000	12 066 000	12 868 000	12 663 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	1 620 000	1 340 000	1 860 000	1 660 000
Revenue	1 620 000	1 340 000	1 860 000	1 660 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	235 000	236 000	236 000	236 000
Impairment	0	0	0	0
Expenditure	560 000	800 000	589 000	521 000
Operating Profit	1 060 000	539 000	1 271 000	1 139 000
Financial Income	3 108 000	1 000	0	0
Financial Costs	279 000	314 000	649 000	729 000
Financial Balance	2 829 000	−313 000	−649 000	−729 000
Dividends	0	0	0	0
Net Income	3 034 000	176 000	427 000	228 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 308 000	9 543 000	9 779 000	10 015 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 308 000	9 543 000	9 779 000	10 015 000
Total Fiancial Fixed Assets	3 940 000	517 000	517 000	517 000
Total Fixed Assets	13 248 000	10 060 000	10 296 000	10 532 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 057 000	1 699 000	943 000	413 000
Total Current Assets	4 393 000	2 006 000	2 571 000	2 131 000
Total Assets	17 640 000	12 066 000	12 868 000	12 663 000
Total Equity	5 721 000	2 688 000	2 512 000	2 085 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 854 000	8 837 000	9 229 000	9 198 000
Creditors	81 000	37 000	72 000	39 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 210 000	475 000	960 000	1 342 000
Total Current Debt	3 065 000	541 000	1 127 000	1 381 000
Total Equity and Debt	17 640 000	12 066 000	12 868 000	12 663 000

Financial indicators	2021	2020	2019	2018
Return on Equity	53,03 %	6,55 %	17 %	10,94 %
Debt-to-Equity Ratio	1,55	3,29	3,67	4,41
Operating Profit Margin	65,43 %	40,22 %	68,33 %	68,61 %
Current Ratio	1,43	3,71	2,28	1,54
Quick Ratio	1,43	3,71	2,28	1,54
Equity Ratio	0,32	0,22	0,2	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %