SJØFRONT EIENDOM AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

12,63 %

Current Ratio

1,84

Debt-to-Equity Ratio

1,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 392 000	2 191 000	2 164 000	2 126 000
Net Income	874 000	906 000	904 000	751 000
Total Assets	17 042 000	17 504 000	17 312 000	18 114 000
Total Equity	6 920 000	6 047 000	5 140 000	4 236 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 392 000	2 191 000	2 164 000	2 126 000
Expenditure	923 000	808 000	724 000	739 000
Operating Profit	1 469 000	1 383 000	1 440 000	1 386 000
Financial Income	24 000	8 000	4 000	11 000
Financial Costs	373 000	228 000	285 000	435 000
Financial Balance	−349 000	−220 000	−281 000	−424 000
Earnings Before Tax	1 120 000	1 162 000	1 159 000	963 000
Tax	246 000	256 000	255 000	212 000
Net Income	874 000	906 000	904 000	751 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 339 000	16 931 000	17 102 000	17 702 000
Total Current Assets	703 000	573 000	210 000	413 000
Total Assets	17 042 000	17 504 000	17 312 000	18 114 000
Total Retained Equity	5 920 000	5 047 000	4 140 000	3 236 000
Total Equity	6 920 000	6 047 000	5 140 000	4 236 000
Total Long-Term Debt	9 740 000	11 078 000	11 851 000	13 614 000
Total Current Debt	382 000	380 000	321 000	264 000
Total Equity and Debt	17 042 000	17 504 000	17 312 000	18 114 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 392 000	2 191 000	2 164 000	2 126 000
Revenue	2 392 000	2 191 000	2 164 000	2 126 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	609 000	599 000	599 000	599 000
Impairment	0	0	0	0
Expenditure	923 000	808 000	724 000	739 000
Operating Profit	1 469 000	1 383 000	1 440 000	1 386 000
Financial Income	24 000	8 000	4 000	11 000
Financial Costs	373 000	228 000	285 000	435 000
Financial Balance	−349 000	−220 000	−281 000	−424 000
Dividends	0	0	0	0
Net Income	874 000	906 000	904 000	751 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 980 000	16 532 000	16 663 000	17 222 000
Machinery and Plant Facilities	359 000	399 000	439 000	479 000
Fixtures	0	0	0	0
Total Tangible Assets	16 339 000	16 931 000	17 102 000	17 702 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 339 000	16 931 000	17 102 000	17 702 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	703 000	573 000	210 000	413 000
Total Assets	17 042 000	17 504 000	17 312 000	18 114 000
Total Equity	6 920 000	6 047 000	5 140 000	4 236 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 740 000	11 078 000	11 851 000	13 614 000
Creditors	14 000	0	0	0
Unpaid Taxes	64 000	70 000	62 000	59 000
Dividends	0	0	0	0
Other Current Debt	47 000	53 000	6 000	4 000
Total Current Debt	382 000	380 000	321 000	264 000
Total Equity and Debt	17 042 000	17 504 000	17 312 000	18 114 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,63 %	14,98 %	17,59 %	17,73 %
Debt-to-Equity Ratio	1,41	1,83	2,31	3,21
Operating Profit Margin	61,41 %	63,12 %	66,54 %	65,19 %
Current Ratio	1,84	1,51	0,65	1,56
Quick Ratio	1,84	1,51	0,65	1,56
Equity Ratio	0,41	0,35	0,3	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %