SETHER EIENDOM AS

1940 BJØRKELANGEN

Finances

Share Ownership

Return on Equity

6,86 %

Current Ratio

9,71

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	91 000	112 000	100 000	112 000
Net Income	28 000	39 000	31 000	45 000
Total Assets	446 000	424 000	381 000	362 000
Total Equity	408 000	380 000	341 000	310 000

Income (NOK)	2022	2021	2020	2019
Revenue	91 000	112 000	100 000	112 000
Expenditure	56 000	64 000	62 000	53 000
Operating Profit	36 000	49 000	39 000	58 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	1 000	1 000	1 000	0
Earnings Before Tax	36 000	50 000	40 000	58 000
Tax	8 000	11 000	9 000	13 000
Net Income	28 000	39 000	31 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	174 000	179 000	184 000	195 000
Total Current Assets	272 000	245 000	196 000	167 000
Total Assets	446 000	424 000	381 000	362 000
Total Retained Equity	308 000	280 000	241 000	210 000
Total Equity	408 000	380 000	341 000	310 000
Total Long-Term Debt	10 000	10 000	10 000	11 000
Total Current Debt	28 000	34 000	30 000	41 000
Total Equity and Debt	446 000	424 000	381 000	362 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	91 000	112 000	100 000	112 000
Revenue	91 000	112 000	100 000	112 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	5 000	5 000	11 000	8 000
Impairment	0	0	0	0
Expenditure	56 000	64 000	62 000	53 000
Operating Profit	36 000	49 000	39 000	58 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	1 000	1 000	1 000	0
Dividends	0	0	0	0
Net Income	28 000	39 000	31 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	174 000	179 000	184 000	189 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	6 000
Total Tangible Assets	174 000	179 000	184 000	195 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	174 000	179 000	184 000	195 000
Stock	0	0	0	0
Total Investments	222 000	186 000	150 000	117 000
Cash, Bank	34 000	33 000	43 000	19 000
Total Current Assets	272 000	245 000	196 000	167 000
Total Assets	446 000	424 000	381 000	362 000
Total Equity	408 000	380 000	341 000	310 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	10 000	10 000	11 000
Creditors	0	0	0	0
Unpaid Taxes	20 000	23 000	19 000	28 000
Dividends	0	0	0	0
Other Current Debt	0	0	1 000	0
Total Current Debt	28 000	34 000	30 000	41 000
Total Equity and Debt	446 000	424 000	381 000	362 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,86 %	10,26 %	9,09 %	14,52 %
Debt-to-Equity Ratio	0,02	0,03	0,03	0,04
Operating Profit Margin	39,56 %	43,75 %	39 %	51,79 %
Current Ratio	9,71	7,21	6,53	4,07
Quick Ratio	9,71	7,21	6,53	4,07
Equity Ratio	0,91	0,9	0,9	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %