AS Sofiesgate 7

ASDissolved

Org 933935272Oscars Gate 30, 0352 OsloUtleie av egen eller leid fast eiendom ellers· NACE 68209Est. 1959 · 67 years old0 employeeshttps://www.fortunamegling.no

Overview

AS Sofiesgate 7 is a Norwegian AS based in Oslo, operating in the Utleie av egen eller leid fast eiendom ellers sector. Incorporated in 1959, the company has 0 employees and reported revenue of NOK 11.6m in its latest annual filing.

Revenue 2021

11.6M NOK

0% vs 2020

EBITDA margin

54.3 %

−8% vs 2020

Net profit 2021

4.1M NOK

-93% vs 2020

Key ratios

See full ratios →

60.8 %

Strong

Among the 40% highest rated companies in the industry

20172021

0.5×

Weak

Among the 30% lowest rated companies in the industry

20172021

22.9 %

Very strong

Among the 10% highest rated companies in the industry

20172021

EBITDA — year on year

NOK millions

Key figures

Annual report 2021

Revenue	11.6M NOK	0%
EBITDA	6.3M NOK	-8%
Net profit	4.1M NOK	-93%
Total assets	18M NOK	-36%
Equity	10.9M NOK	-16%
Employees	0	—

Contact

Address

Oscars Gate 30, 0352 Oslo

Website

https://www.fortunamegling.no

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Financial development

In its most recent annual report (2021), AS Sofiesgate 7 reported revenue of NOK 11.6m, broadly in line with the year before. The figures on this page draw on 5 annual filings covering 2017 to 2021. The bottom line showed a net profit of NOK 4.1m, and the EBITDA margin stood at 54.3%.

At the end of 2021, equity financed 60.8% of the balance sheet, and current assets covered short-term debt 0.5 times.

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2021	2020	2019	2018	2017
Revenue	11,585	11,625	11,777	20,717	11,531
Staff expenses	-57	-55	-57	-57	-57
EBITDA	6,288	6,862	7,448	16,719	3,469
Depreciation & amort.	-698	-728	-728	-742	-749
EBIT	5,591	6,134	6,719	15,977	2,720
Net financials	-316	56,992	-1,002	464	-237
Profit before tax	5,275	63,125	5,717	16,441	2,483
Tax	1,159	1,223	1,456	3,212	793
Net profit	4,116	61,902	4,261	13,229	1,690

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Balance sheet

NOK thousands

Item	2021	2020	2019	2018	2017
Total assets	17,990	28,138	29,146	35,083	29,463
Equity	10,929	13,074	945	8,204	975
Long-term debt	0	7,551	10,860	14,825	11,875
Short-term debt	7,061	7,513	17,341	12,053	16,612
Total debt	7,061	15,064	28,201	26,879	28,487

Financial ratios

5-year trend

EBITDA margin

54.3 %

20172021

Equity ratio

60.8 %

Strong

Among the 40% highest rated companies in the industry

20172021

Return on equity

37.7 %

Very strong

Among the 20% highest rated companies in the industry

20172021

Net profit margin

35.5 %

Strong

Among the 40% highest rated companies in the industry

20172021

Asset turnover

0.64×

Very strong

Among the 10% highest rated companies in the industry

20172021

Debt / equity

0.65×

Average

Around the average of companies in the same industry

20172021

Sector performance

27 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginWeak

Among the 30% lowest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginStrong

Among the 40% highest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginStrong

Among the 40% highest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Very strong

Among the 20% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 20% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 10% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioStrong

Among the 30% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioWeak

Among the 30% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioWeak

Among the 30% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioAverage

Around the average of companies in the same industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityStrong

Among the 40% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalWeak

Among the 30% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioStrong

Among the 30% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioStrong

Among the 40% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioStrong

Among the 40% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityAverage

Around the average of companies in the same industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 20% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 20% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 20% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverVery strong

Among the 10% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery strong

Among the 10% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the Org number of AS Sofiesgate 7?

AS Sofiesgate 7 is registered with Brønnøysundsregistrene under Org 933935272.

What is the revenue of AS Sofiesgate 7?

AS Sofiesgate 7 reported revenue of NOK 11.6m in 2021.

Where is AS Sofiesgate 7 headquartered?

AS Sofiesgate 7's registered address is Oscars Gate 30.