SOMERSET EIENDOM LIMITED

3035 DRAMMEN

Finances

Share Ownership

Return on Equity

3,14 %

Current Ratio

0,1

Debt-to-Equity Ratio

1,5

Key figures (NOK)	2019	2018	2017	2016
Revenue	144 000	144 000	144 000	556 000
Net Income	34 000	12 000	40 000	438 000
Total Assets	2 763 000	2 779 000	2 820 000	3 317 000
Total Equity	1 083 000	1 049 000	1 036 000	996 000

Income (NOK)	2019	2018	2017	2016
Revenue	144 000	144 000	144 000	556 000
Expenditure	74 000	101 000	65 000	88 000
Operating Profit	70 000	43 000	79 000	468 000
Financial Income	0	0	0	0
Financial Costs	27 000	27 000	28 000	30 000
Financial Balance	−27 000	−27 000	−28 000	−30 000
Earnings Before Tax	43 000	16 000	51 000	438 000
Tax	10 000	4 000	11 000	0
Net Income	34 000	12 000	40 000	438 000

Balance (NOK)	2019	2018	2017	2016
Total Fixed Assets	2 756 000	2 756 000	2 756 000	2 756 000
Total Current Assets	6 000	23 000	64 000	561 000
Total Assets	2 763 000	2 779 000	2 820 000	3 317 000
Total Retained Equity	1 083 000	1 049 000	1 036 000	996 000
Total Equity	1 083 000	1 049 000	1 036 000	996 000
Total Long-Term Debt	1 622 000	1 677 000	1 731 000	1 784 000
Total Current Debt	58 000	54 000	53 000	537 000
Total Equity and Debt	2 763 000	2 779 000	2 820 000	3 317 000

Cash flow (NOK)	2019	2018	2017	2016
Sales Income	0	0	0	0
Other Income	144 000	144 000	144 000	556 000
Revenue	144 000	144 000	144 000	556 000
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	74 000	101 000	65 000	88 000
Operating Profit	70 000	43 000	79 000	468 000
Financial Income	0	0	0	0
Financial Costs	27 000	27 000	28 000	30 000
Financial Balance	−27 000	−27 000	−28 000	−30 000
Dividends	0	0	0	0
Net Income	34 000	12 000	40 000	438 000

Balance details (NOK)	2019	2018	2017	2016
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 756 000	2 756 000	2 756 000	2 756 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 756 000	2 756 000	2 756 000	2 756 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 756 000	2 756 000	2 756 000	2 756 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	20 000	50 000	559 000
Total Current Assets	6 000	23 000	64 000	561 000
Total Assets	2 763 000	2 779 000	2 820 000	3 317 000
Total Equity	1 083 000	1 049 000	1 036 000	996 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 622 000	1 677 000	1 731 000	1 784 000
Creditors	4 000	4 000	7 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	45 000	47 000	35 000	535 000
Total Current Debt	58 000	54 000	53 000	537 000
Total Equity and Debt	2 763 000	2 779 000	2 820 000	3 317 000

Financial indicators	2019	2018	2017	2016
Return on Equity	3,14 %	1,14 %	3,86 %	43,98 %
Debt-to-Equity Ratio	1,5	1,6	1,67	1,79
Operating Profit Margin	48,61 %	29,86 %	54,86 %	84,17 %
Current Ratio	0,1	0,43	1,21	1,04
Quick Ratio	0,1	0,43	1,21	1,04
Equity Ratio	0,39	0,38	0,37	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %