SØRGAARD EIENDOM AS

7770 FLATANGER

Finances

Share Ownership

Return on Equity

19,1 %

Current Ratio

0,09

Debt-to-Equity Ratio

3,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 408 000	1 250 000	1 317 000	1 462 000
Net Income	434 000	410 000	331 000	317 000
Total Assets	13 972 000	14 274 000	14 654 000	15 758 000
Total Equity	2 272 000	1 928 000	1 519 000	1 187 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 408 000	1 250 000	1 317 000	1 462 000
Expenditure	425 000	424 000	468 000	589 000
Operating Profit	983 000	826 000	849 000	873 000
Financial Income	0	0	0	0
Financial Costs	426 000	300 000	424 000	467 000
Financial Balance	−426 000	−300 000	−424 000	−467 000
Earnings Before Tax	557 000	525 000	425 000	406 000
Tax	122 000	116 000	93 000	89 000
Net Income	434 000	410 000	331 000	317 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 627 000	13 979 000	14 327 000	14 675 000
Total Current Assets	346 000	295 000	327 000	1 083 000
Total Assets	13 972 000	14 274 000	14 654 000	15 758 000
Total Retained Equity	2 171 000	1 827 000	1 417 000	1 086 000
Total Equity	2 272 000	1 928 000	1 519 000	1 187 000
Total Long-Term Debt	7 709 000	8 508 000	9 264 000	14 235 000
Total Current Debt	3 991 000	3 837 000	3 871 000	336 000
Total Equity and Debt	13 972 000	14 274 000	14 654 000	15 758 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	−9 000
Other Income	1 408 000	1 250 000	1 317 000	1 471 000
Revenue	1 408 000	1 250 000	1 317 000	1 462 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	352 000	348 000	348 000	350 000
Impairment	0	0	0	0
Expenditure	425 000	424 000	468 000	589 000
Operating Profit	983 000	826 000	849 000	873 000
Financial Income	0	0	0	0
Financial Costs	426 000	300 000	424 000	467 000
Financial Balance	−426 000	−300 000	−424 000	−467 000
Dividends	0	0	0	0
Net Income	434 000	410 000	331 000	317 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 627 000	13 979 000	14 327 000	14 675 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 627 000	13 979 000	14 327 000	14 675 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 627 000	13 979 000	14 327 000	14 675 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	307 000	288 000	320 000	815 000
Total Current Assets	346 000	295 000	327 000	1 083 000
Total Assets	13 972 000	14 274 000	14 654 000	15 758 000
Total Equity	2 272 000	1 928 000	1 519 000	1 187 000
Short-Term Group Debt	3 882 000	3 806 000	3 806 000	0
Total Long-Term Debt	7 709 000	8 508 000	9 264 000	14 235 000
Creditors	3 000	0	13 000	73 000
Unpaid Taxes	55 000	24 000	52 000	81 000
Dividends	0	0	0	0
Other Current Debt	0	7 000	0	182 000
Total Current Debt	3 991 000	3 837 000	3 871 000	336 000
Total Equity and Debt	13 972 000	14 274 000	14 654 000	15 758 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,1 %	21,27 %	21,79 %	26,71 %
Debt-to-Equity Ratio	3,39	4,41	6,1	11,99
Operating Profit Margin	69,82 %	66,08 %	64,46 %	59,71 %
Current Ratio	0,09	0,08	0,08	3,22
Quick Ratio	0,09	0,08	0,08	3,22
Equity Ratio	0,16	0,14	0,1	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %