SØRENSVINGEN BORETTSLAG

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

5,63 %

Current Ratio

5,15

Debt-to-Equity Ratio

3,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 139 000	1 117 000	1 152 000	1 122 000
Net Income	313 000	520 000	484 000	393 000
Total Assets	24 742 000	24 820 000	24 770 000	24 752 000
Total Equity	5 557 000	5 243 000	4 723 000	4 239 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 139 000	1 117 000	1 152 000	1 122 000
Expenditure	634 000	467 000	512 000	544 000
Operating Profit	505 000	651 000	641 000	578 000
Financial Income	1 000	2 000	3 000	7 000
Financial Costs	193 000	133 000	160 000	192 000
Financial Balance	−192 000	−131 000	−157 000	−185 000
Earnings Before Tax	313 000	520 000	484 000	393 000
Tax	0	0	0	0
Net Income	313 000	520 000	484 000	393 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 422 000	24 422 000	24 422 000	24 422 000
Total Current Assets	319 000	398 000	348 000	330 000
Total Assets	24 742 000	24 820 000	24 770 000	24 752 000
Total Retained Equity	5 497 000	5 183 000	4 663 000	4 179 000
Total Equity	5 557 000	5 243 000	4 723 000	4 239 000
Total Long-Term Debt	19 123 000	19 540 000	20 014 000	20 488 000
Total Current Debt	62 000	37 000	32 000	25 000
Total Equity and Debt	24 742 000	24 820 000	24 770 000	24 752 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 139 000	1 117 000	1 152 000	1 122 000
Revenue	1 139 000	1 117 000	1 152 000	1 122 000
Cost of Goods Sold	0	0	0	0
Salary Costs	39 000	46 000	53 000	52 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	634 000	467 000	512 000	544 000
Operating Profit	505 000	651 000	641 000	578 000
Financial Income	1 000	2 000	3 000	7 000
Financial Costs	193 000	133 000	160 000	192 000
Financial Balance	−192 000	−131 000	−157 000	−185 000
Dividends	0	0	0	0
Net Income	313 000	520 000	484 000	393 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 422 000	24 422 000	24 422 000	24 422 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	24 422 000	24 422 000	24 422 000	24 422 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 422 000	24 422 000	24 422 000	24 422 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	319 000	388 000	341 000	320 000
Total Current Assets	319 000	398 000	348 000	330 000
Total Assets	24 742 000	24 820 000	24 770 000	24 752 000
Total Equity	5 557 000	5 243 000	4 723 000	4 239 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 123 000	19 540 000	20 014 000	20 488 000
Creditors	51 000	30 000	27 000	12 000
Unpaid Taxes	0	0	0	6 000
Dividends	0	0	0	0
Other Current Debt	10 000	7 000	5 000	6 000
Total Current Debt	62 000	37 000	32 000	25 000
Total Equity and Debt	24 742 000	24 820 000	24 770 000	24 752 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,63 %	9,92 %	10,25 %	9,27 %
Debt-to-Equity Ratio	3,44	3,73	4,24	4,83
Operating Profit Margin	44,34 %	58,28 %	55,64 %	51,52 %
Current Ratio	5,15	10,76	10,88	13,2
Quick Ratio	5,15	10,76	10,88	13,2
Equity Ratio	0,22	0,21	0,19	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %