SØVIK & SKÅRAVIK EIENDOM AS

6013 ÅLESUND

Finances

Share Ownership

Return on Equity

29,88 %

Current Ratio

2,74

Debt-to-Equity Ratio

9,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 661 000	1 614 000	1 577 000	1 554 000
Net Income	410 000	579 000	562 000	287 000
Total Assets	14 736 000	15 180 000	15 219 000	15 446 000
Total Equity	1 372 000	962 000	1 930 000	1 368 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 661 000	1 614 000	1 577 000	1 554 000
Expenditure	558 000	520 000	458 000	524 000
Operating Profit	1 103 000	1 093 000	1 119 000	1 030 000
Financial Income	0	0	0	0
Financial Costs	578 000	351 000	399 000	662 000
Financial Balance	−578 000	−351 000	−399 000	−662 000
Earnings Before Tax	525 000	742 000	720 000	368 000
Tax	116 000	163 000	158 000	81 000
Net Income	410 000	579 000	562 000	287 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 005 000	14 395 000	14 785 000	15 237 000
Total Current Assets	731 000	786 000	434 000	209 000
Total Assets	14 736 000	15 180 000	15 219 000	15 446 000
Total Retained Equity	1 340 000	931 000	352 000	−210 000
Total Equity	1 372 000	962 000	1 930 000	1 368 000
Total Long-Term Debt	13 097 000	13 952 000	13 139 000	13 806 000
Total Current Debt	267 000	266 000	150 000	271 000
Total Equity and Debt	14 736 000	15 180 000	15 219 000	15 446 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 000	7 000	3 000	5 000
Other Income	1 653 000	1 607 000	1 573 000	1 549 000
Revenue	1 661 000	1 614 000	1 577 000	1 554 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	390 000	390 000	390 000	390 000
Impairment	0	0	0	0
Expenditure	558 000	520 000	458 000	524 000
Operating Profit	1 103 000	1 093 000	1 119 000	1 030 000
Financial Income	0	0	0	0
Financial Costs	578 000	351 000	399 000	662 000
Financial Balance	−578 000	−351 000	−399 000	−662 000
Dividends	0	0	0	0
Net Income	410 000	579 000	562 000	287 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	62 000
Real Eastate	14 005 000	14 395 000	14 785 000	15 175 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 005 000	14 395 000	14 785 000	15 175 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 005 000	14 395 000	14 785 000	15 237 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	713 000	786 000	430 000	75 000
Total Current Assets	731 000	786 000	434 000	209 000
Total Assets	14 736 000	15 180 000	15 219 000	15 446 000
Total Equity	1 372 000	962 000	1 930 000	1 368 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 097 000	13 952 000	13 139 000	13 806 000
Creditors	6 000	0	0	39 000
Unpaid Taxes	63 000	64 000	66 000	51 000
Dividends	0	0	0	0
Other Current Debt	63 000	25 000	65 000	181 000
Total Current Debt	267 000	266 000	150 000	271 000
Total Equity and Debt	14 736 000	15 180 000	15 219 000	15 446 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,88 %	60,19 %	29,12 %	20,98 %
Debt-to-Equity Ratio	9,55	14,5	6,81	10,09
Operating Profit Margin	66,41 %	67,72 %	70,96 %	66,28 %
Current Ratio	2,74	2,95	2,89	0,77
Quick Ratio	2,74	2,95	2,89	0,77
Equity Ratio	0,09	0,06	0,13	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %