SOMMERMAT AS

8520 ANKENES

Finances

Share Ownership

Return on Equity

47,4 %

Current Ratio

2,84

Debt-to-Equity Ratio

8,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 487 000	2 370 000	2 120 000	2 120 000
Net Income	684 000	790 000	573 000	742 000
Total Assets	15 190 000	16 364 000	18 825 000	19 316 000
Total Equity	1 443 000	1 439 000	1 449 000	3 376 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 487 000	2 370 000	2 120 000	2 120 000
Expenditure	1 199 000	1 085 000	1 109 000	856 000
Operating Profit	1 288 000	1 285 000	1 011 000	1 264 000
Financial Income	74 000	33 000	77 000	178 000
Financial Costs	485 000	305 000	353 000	491 000
Financial Balance	−411 000	−272 000	−276 000	−313 000
Earnings Before Tax	877 000	1 013 000	735 000	951 000
Tax	193 000	223 000	162 000	209 000
Net Income	684 000	790 000	573 000	742 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 587 000	13 481 000	13 639 000	16 845 000
Total Current Assets	2 603 000	2 882 000	5 186 000	2 471 000
Total Assets	15 190 000	16 364 000	18 825 000	19 316 000
Total Retained Equity	1 342 000	1 338 000	1 348 000	3 275 000
Total Equity	1 443 000	1 439 000	1 449 000	3 376 000
Total Long-Term Debt	12 830 000	13 683 000	14 524 000	14 950 000
Total Current Debt	916 000	1 241 000	2 852 000	990 000
Total Equity and Debt	15 190 000	16 364 000	18 825 000	19 316 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 487 000	2 370 000	2 120 000	2 120 000
Revenue	2 487 000	2 370 000	2 120 000	2 120 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	561 000	528 000	495 000	305 000
Impairment	0	0	0	0
Expenditure	1 199 000	1 085 000	1 109 000	856 000
Operating Profit	1 288 000	1 285 000	1 011 000	1 264 000
Financial Income	74 000	33 000	77 000	178 000
Financial Costs	485 000	305 000	353 000	491 000
Financial Balance	−411 000	−272 000	−276 000	−313 000
Dividends	680 000	800 000	2 500 000	0
Net Income	684 000	790 000	573 000	742 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 587 000	13 148 000	13 211 000	12 885 000
Machinery and Plant Facilities	0	0	0	9 000
Fixtures	0	0	0	0
Total Tangible Assets	12 587 000	13 148 000	13 211 000	12 895 000
Total Fiancial Fixed Assets	0	333 000	428 000	3 951 000
Total Fixed Assets	12 587 000	13 481 000	13 639 000	16 845 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 578 000	2 854 000	5 143 000	2 433 000
Total Current Assets	2 603 000	2 882 000	5 186 000	2 471 000
Total Assets	15 190 000	16 364 000	18 825 000	19 316 000
Total Equity	1 443 000	1 439 000	1 449 000	3 376 000
Short-Term Group Debt	0	0	0	875 000
Total Long-Term Debt	12 830 000	13 683 000	14 524 000	14 950 000
Creditors	0	92 000	169 000	115 000
Unpaid Taxes	0	0	0	0
Dividends	680 000	800 000	2 500 000	0
Other Current Debt	0	95 000	0	0
Total Current Debt	916 000	1 241 000	2 852 000	990 000
Total Equity and Debt	15 190 000	16 364 000	18 825 000	19 316 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,4 %	54,9 %	39,54 %	21,98 %
Debt-to-Equity Ratio	8,89	9,51	10,02	4,43
Operating Profit Margin	51,79 %	54,22 %	47,69 %	59,62 %
Current Ratio	2,84	2,32	1,82	2,5
Quick Ratio	2,84	2,32	1,82	2,5
Equity Ratio	0,09	0,09	0,08	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %