SØTTN AS

8410 LØDINGEN

Finances

Share Ownership

Return on Equity

−3,71 %

Current Ratio

0,17

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	113 000	255 000	255 000	248 000
Net Income	−28 000	−77 000	145 000	64 000
Total Assets	2 381 000	1 954 000	1 853 000	1 763 000
Total Equity	755 000	783 000	866 000	721 000

Income (NOK)	2022	2021	2020	2019
Revenue	113 000	255 000	255 000	248 000
Expenditure	92 000	329 000	20 000	112 000
Operating Profit	21 000	−75 000	235 000	137 000
Financial Income	0	0	0	0
Financial Costs	28 000	25 000	49 000	55 000
Financial Balance	−28 000	−25 000	−49 000	−55 000
Earnings Before Tax	−7 000	−99 000	185 000	82 000
Tax	21 000	−22 000	41 000	18 000
Net Income	−28 000	−77 000	145 000	64 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 185 000	1 929 000	1 853 000	1 750 000
Total Current Assets	196 000	25 000	0	13 000
Total Assets	2 381 000	1 954 000	1 853 000	1 763 000
Total Retained Equity	355 000	383 000	466 000	321 000
Total Equity	755 000	783 000	866 000	721 000
Total Long-Term Debt	466 000	490 000	559 000	616 000
Total Current Debt	1 160 000	681 000	428 000	426 000
Total Equity and Debt	2 381 000	1 954 000	1 853 000	1 763 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 000	0	0	0
Other Income	89 000	255 000	255 000	248 000
Revenue	113 000	255 000	255 000	248 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	315 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	92 000	329 000	20 000	112 000
Operating Profit	21 000	−75 000	235 000	137 000
Financial Income	0	0	0	0
Financial Costs	28 000	25 000	49 000	55 000
Financial Balance	−28 000	−25 000	−49 000	−55 000
Dividends	0	0	0	0
Net Income	−28 000	−77 000	145 000	64 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 185 000	1 923 000	1 853 000	1 750 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 185 000	1 923 000	1 853 000	1 750 000
Total Fiancial Fixed Assets	0	5 000	0	0
Total Fixed Assets	2 185 000	1 929 000	1 853 000	1 750 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	149 000	25 000	0	13 000
Total Current Assets	196 000	25 000	0	13 000
Total Assets	2 381 000	1 954 000	1 853 000	1 763 000
Total Equity	755 000	783 000	866 000	721 000
Short-Term Group Debt	1 155 000	0	0	0
Total Long-Term Debt	466 000	490 000	559 000	616 000
Creditors	5 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	681 000	376 000	393 000
Total Current Debt	1 160 000	681 000	428 000	426 000
Total Equity and Debt	2 381 000	1 954 000	1 853 000	1 763 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,71 %	−9,83 %	16,74 %	8,88 %
Debt-to-Equity Ratio	0,62	0,63	0,65	0,85
Operating Profit Margin	18,58 %	−29,41 %	92,16 %	55,24 %
Current Ratio	0,17	0,04	0	0,03
Quick Ratio	0,17	0,04	0	0,03
Equity Ratio	0,32	0,4	0,47	0,41
Gross Profit Margin	100 %	100 %	100 %	100 %