SØBAKKEN II BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

22,18 %

Current Ratio

3,72

Debt-to-Equity Ratio

8,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	641 000	578 000	569 000	549 000
Net Income	303 000	119 000	307 000	251 000
Total Assets	13 658 000	13 575 000	13 705 000	13 601 000
Total Equity	1 366 000	1 063 000	947 000	641 000

Income (NOK)	2022	2021	2020	2019
Revenue	641 000	578 000	569 000	549 000
Expenditure	308 000	440 000	235 000	259 000
Operating Profit	333 000	139 000	334 000	290 000
Financial Income	0	0	1 000	1 000
Financial Costs	29 000	20 000	28 000	40 000
Financial Balance	−29 000	−20 000	−27 000	−39 000
Earnings Before Tax	303 000	119 000	307 000	251 000
Tax	0	0	0	0
Net Income	303 000	119 000	307 000	251 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 305 000	13 305 000	13 305 000	13 305 000
Total Current Assets	353 000	270 000	400 000	296 000
Total Assets	13 658 000	13 575 000	13 705 000	13 601 000
Total Retained Equity	1 331 000	1 028 000	912 000	606 000
Total Equity	1 366 000	1 063 000	947 000	641 000
Total Long-Term Debt	12 197 000	12 440 000	12 685 000	12 907 000
Total Current Debt	95 000	72 000	73 000	53 000
Total Equity and Debt	13 658 000	13 575 000	13 705 000	13 601 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	641 000	578 000	569 000	549 000
Other Income	0	0	0	0
Revenue	641 000	578 000	569 000	549 000
Cost of Goods Sold	0	0	0	0
Salary Costs	16 000	14 000	14 000	14 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	308 000	440 000	235 000	259 000
Operating Profit	333 000	139 000	334 000	290 000
Financial Income	0	0	1 000	1 000
Financial Costs	29 000	20 000	28 000	40 000
Financial Balance	−29 000	−20 000	−27 000	−39 000
Dividends	0	0	0	0
Net Income	303 000	119 000	307 000	251 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 305 000	13 305 000	13 305 000	13 305 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 305 000	13 305 000	13 305 000	13 305 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 305 000	13 305 000	13 305 000	13 305 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	353 000	270 000	400 000	296 000
Total Current Assets	353 000	270 000	400 000	296 000
Total Assets	13 658 000	13 575 000	13 705 000	13 601 000
Total Equity	1 366 000	1 063 000	947 000	641 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 197 000	12 440 000	12 685 000	12 907 000
Creditors	72 000	54 000	63 000	45 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	23 000	18 000	10 000	9 000
Total Current Debt	95 000	72 000	73 000	53 000
Total Equity and Debt	13 658 000	13 575 000	13 705 000	13 601 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,18 %	11,19 %	32,42 %	39,16 %
Debt-to-Equity Ratio	8,93	11,7	13,39	20,14
Operating Profit Margin	51,95 %	24,05 %	58,7 %	52,82 %
Current Ratio	3,72	3,75	5,48	5,58
Quick Ratio	3,72	3,75	5,48	5,58
Equity Ratio	0,1	0,08	0,07	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %