SØMÅDALEN LANDHANDEL AS

2448 SØMÅDALEN

Finances

Share Ownership

Return on Equity

−18,16 %

Current Ratio

2,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 384 000	4 134 000	4 090 000	3 052 000
Net Income	−97 000	−16 000	96 000	79 000
Total Assets	840 000	1 028 000	1 224 000	800 000
Total Equity	534 000	630 000	646 000	550 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 384 000	4 134 000	4 090 000	3 052 000
Expenditure	3 507 000	4 152 000	3 965 000	2 948 000
Operating Profit	−122 000	−18 000	125 000	104 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	2 000	3 000
Financial Balance	−2 000	−2 000	−2 000	−3 000
Earnings Before Tax	−124 000	−20 000	123 000	102 000
Tax	−27 000	−4 000	27 000	22 000
Net Income	−97 000	−16 000	96 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	7 000	3 000	3 000
Total Current Assets	805 000	1 020 000	1 221 000	797 000
Total Assets	840 000	1 028 000	1 224 000	800 000
Total Retained Equity	434 000	530 000	546 000	450 000
Total Equity	534 000	630 000	646 000	550 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	306 000	397 000	577 000	250 000
Total Equity and Debt	840 000	1 028 000	1 224 000	800 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 382 000	4 129 000	3 987 000	2 948 000
Other Income	2 000	5 000	104 000	105 000
Revenue	3 384 000	4 134 000	4 090 000	3 052 000
Cost of Goods Sold	2 621 000	3 129 000	3 017 000	2 278 000
Salary Costs	592 000	801 000	734 000	431 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 507 000	4 152 000	3 965 000	2 948 000
Operating Profit	−122 000	−18 000	125 000	104 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	2 000	3 000
Financial Balance	−2 000	−2 000	−2 000	−3 000
Dividends	0	0	0	0
Net Income	−97 000	−16 000	96 000	79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 000	4 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	35 000	7 000	3 000	3 000
Stock	321 000	331 000	320 000	295 000
Total Investments	0	0	0	0
Cash, Bank	326 000	555 000	638 000	374 000
Total Current Assets	805 000	1 020 000	1 221 000	797 000
Total Assets	840 000	1 028 000	1 224 000	800 000
Total Equity	534 000	630 000	646 000	550 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	143 000	131 000	148 000	91 000
Unpaid Taxes	95 000	193 000	329 000	96 000
Dividends	0	0	0	0
Other Current Debt	68 000	73 000	73 000	41 000
Total Current Debt	306 000	397 000	577 000	250 000
Total Equity and Debt	840 000	1 028 000	1 224 000	800 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,16 %	−2,54 %	14,86 %	14,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,61 %	−0,44 %	3,06 %	3,41 %
Current Ratio	2,63	2,57	2,12	3,19
Quick Ratio	−53,67	15,45	4,75	−17,71
Equity Ratio	0,64	0,61	0,53	0,69
Gross Profit Margin	22,55 %	24,31 %	26,23 %	25,36 %