SØMMEBAKKEN EIENDOM AS

4055 SOLA

Finances

Share Ownership

Return on Equity

2,88 %

Current Ratio

0,02

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	240 000	240 000	240 000	3 253 000
Net Income	32 000	67 000	3 000	2 682 000
Total Assets	4 672 000	4 999 000	4 949 000	6 288 000
Total Equity	1 113 000	1 082 000	1 015 000	4 112 000

Income (NOK)	2022	2021	2020	2019
Revenue	240 000	240 000	240 000	3 253 000
Expenditure	103 000	73 000	236 000	316 000
Operating Profit	137 000	167 000	4 000	2 937 000
Financial Income	0	0	0	367 000
Financial Costs	96 000	81 000	0	0
Financial Balance	−96 000	−81 000	0	367 000
Earnings Before Tax	41 000	86 000	4 000	3 304 000
Tax	9 000	19 000	1 000	622 000
Net Income	32 000	67 000	3 000	2 682 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 607 000	4 607 000	4 607 000	4 607 000
Total Current Assets	64 000	392 000	342 000	1 681 000
Total Assets	4 672 000	4 999 000	4 949 000	6 288 000
Total Retained Equity	99 000	67 000	0	1 512 000
Total Equity	1 113 000	1 082 000	1 015 000	4 112 000
Total Long-Term Debt	282 000	353 000	441 000	551 000
Total Current Debt	3 276 000	3 564 000	3 493 000	1 625 000
Total Equity and Debt	4 672 000	4 999 000	4 949 000	6 288 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	240 000	240 000	240 000	3 253 000
Revenue	240 000	240 000	240 000	3 253 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	103 000	73 000	236 000	316 000
Operating Profit	137 000	167 000	4 000	2 937 000
Financial Income	0	0	0	367 000
Financial Costs	96 000	81 000	0	0
Financial Balance	−96 000	−81 000	0	367 000
Dividends	0	0	3 100 000	0
Net Income	32 000	67 000	3 000	2 682 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 607 000	4 607 000	4 607 000	4 607 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 607 000	4 607 000	4 607 000	4 607 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 607 000	4 607 000	4 607 000	4 607 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	64 000	6 000	90 000	896 000
Total Current Assets	64 000	392 000	342 000	1 681 000
Total Assets	4 672 000	4 999 000	4 949 000	6 288 000
Total Equity	1 113 000	1 082 000	1 015 000	4 112 000
Short-Term Group Debt	3 195 000	0	0	0
Total Long-Term Debt	282 000	353 000	441 000	551 000
Creditors	1 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	3 100 000	0
Other Current Debt	0	64 000	3 164 000	1 304 000
Total Current Debt	3 276 000	3 564 000	3 493 000	1 625 000
Total Equity and Debt	4 672 000	4 999 000	4 949 000	6 288 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,88 %	6,19 %	0,3 %	65,22 %
Debt-to-Equity Ratio	0,25	0,33	0,43	0,13
Operating Profit Margin	57,08 %	69,58 %	1,67 %	90,29 %
Current Ratio	0,02	0,11	0,1	1,03
Quick Ratio	0,02	0,11	0,1	1,03
Equity Ratio	0,24	0,22	0,21	0,65
Gross Profit Margin	100 %	100 %	100 %	100 %