SORTLAND BUTIKKEIENDOM AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

32,04 %

Current Ratio

1,32

Debt-to-Equity Ratio

3,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 388 000	2 306 000	2 267 000	2 227 000
Net Income	1 177 000	1 215 000	1 050 000	1 069 000
Total Assets	16 826 000	16 388 000	17 573 000	16 979 000
Total Equity	3 674 000	3 654 000	3 617 000	3 560 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 388 000	2 306 000	2 267 000	2 227 000
Expenditure	562 000	537 000	522 000	537 000
Operating Profit	1 826 000	1 770 000	1 745 000	1 690 000
Financial Income	0	0	0	0
Financial Costs	317 000	212 000	399 000	320 000
Financial Balance	−317 000	−212 000	−399 000	−320 000
Earnings Before Tax	1 509 000	1 558 000	1 346 000	1 370 000
Tax	332 000	343 000	296 000	301 000
Net Income	1 177 000	1 215 000	1 050 000	1 069 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 732 000	15 047 000	15 363 000	15 644 000
Total Current Assets	2 095 000	1 340 000	2 210 000	1 335 000
Total Assets	16 826 000	16 388 000	17 573 000	16 979 000
Total Retained Equity	644 000	624 000	587 000	530 000
Total Equity	3 674 000	3 654 000	3 617 000	3 560 000
Total Long-Term Debt	11 563 000	11 121 000	12 583 000	12 054 000
Total Current Debt	1 589 000	1 613 000	1 373 000	1 366 000
Total Equity and Debt	16 826 000	16 388 000	17 573 000	16 979 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 388 000	2 306 000	2 267 000	2 227 000
Other Income	0	0	0	0
Revenue	2 388 000	2 306 000	2 267 000	2 227 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	316 000	316 000	313 000	309 000
Impairment	0	0	0	0
Expenditure	562 000	537 000	522 000	537 000
Operating Profit	1 826 000	1 770 000	1 745 000	1 690 000
Financial Income	0	0	0	0
Financial Costs	317 000	212 000	399 000	320 000
Financial Balance	−317 000	−212 000	−399 000	−320 000
Dividends	0	0	0	0
Net Income	1 177 000	1 215 000	1 050 000	1 069 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 732 000	15 047 000	15 363 000	15 644 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 732 000	15 047 000	15 363 000	15 644 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 732 000	15 047 000	15 363 000	15 644 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	2 095 000	1 340 000	2 210 000	1 335 000
Total Assets	16 826 000	16 388 000	17 573 000	16 979 000
Total Equity	3 674 000	3 654 000	3 617 000	3 560 000
Short-Term Group Debt	1 581 000	1 604 000	1 365 000	1 358 000
Total Long-Term Debt	11 563 000	11 121 000	12 583 000	12 054 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	8 000	8 000	8 000
Total Current Debt	1 589 000	1 613 000	1 373 000	1 366 000
Total Equity and Debt	16 826 000	16 388 000	17 573 000	16 979 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,04 %	33,25 %	29,03 %	30,03 %
Debt-to-Equity Ratio	3,15	3,04	3,48	3,39
Operating Profit Margin	76,47 %	76,76 %	76,97 %	75,89 %
Current Ratio	1,32	0,83	1,61	0,98
Quick Ratio	1,32	0,83	1,61	0,98
Equity Ratio	0,22	0,22	0,21	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %