Sameiet Cort Adelers Gate 2

ESEKActive

Org 975503518Dronning Eufemias Gate 16, 0191 OsloRental and operating of own or leased real estate· NACE 6820Est. 1990 · 36 years old0 employeeshttps://www.solibo.no

Overview

Sameiet Cort Adelers Gate 2 is a Norwegian ESEK based in Oslo, operating in the Rental and operating of own or leased real estate sector. Incorporated in 1990, the company has 0 employees and reported revenue of NOK 767.6k in its latest annual filing.

Revenue 2021

0.8M NOK

+13% vs 2020

EBITDA margin

28.5 %

+268% vs 2020

Net profit 2021

0.1M NOK

+647% vs 2020

Key ratios

See full ratios →

-768.0 %

Very weak

Among the 10% lowest rated companies in the industry

20182021

1.9×

Average

Around the average of companies in the same industry

20182021

51.6 %

Very strong

Among the 10% highest rated companies in the industry

20182021

EBITDA — year on year

NOK thousands

Key figures

Annual report 2021

Revenue	0.8M NOK	+13%
EBITDA	0.2M NOK	+268%
Net profit	0.1M NOK	+647%
Total assets	0.3M NOK	+147%
Equity	-2.2M NOK	+6%
Employees	0	—

Contact

Address

Dronning Eufemias Gate 16, 0191 Oslo

Website

https://www.solibo.no

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Financial development

In its most recent annual report (2021), Sameiet Cort Adelers Gate 2 reported revenue of NOK 767.6k, an increase of 13% on the year before. The figures on this page draw on 4 annual filings covering 2018 to 2021. The bottom line showed a net profit of NOK 149.0k, and the EBITDA margin stood at 28.5%.

At the end of 2021, current assets covered short-term debt 1.9 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2021	2020	2019	2018
Revenue	768	681	663	663
Staff expenses	-0	-29	-29	-54
EBITDA	219	59	87	184
Depreciation & amort.	-0	-0	-0	-0
EBIT	219	59	87	184
Net financials	-70	-87	-100	-90
Profit before tax	149	-27	-13	95
Tax	-0	-0	-0	-0
Net profit	149	-27	-13	95

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Balance sheet

NOK thousands

Item	2021	2020	2019	2018
Total assets	289	117	320	410
Equity	-2,218	-2,367	-2,340	-2,327
Long-term debt	2,358	2,457	2,547	2,630
Short-term debt	149	27	113	107
Total debt	2,507	2,484	2,660	2,737

Financial ratios

5-year trend

EBITDA margin

28.5 %

20182021

Equity ratio

-768.0 %

Very weak

Among the 10% lowest rated companies in the industry

20182021

Return on equity

—

20182021

Net profit margin

19.4 %

Average

Around the average of companies in the same industry

20182021

Asset turnover

2.66×

Very strong

Among the 10% highest rated companies in the industry

20182021

Debt / equity

—

20182021

Sector performance

20 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 marginAverage

Around the average of companies in the same 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 marginAverage

Around the average of companies in the same industry

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

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.

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 40% 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.

Return on equity (ROE)Not rated

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

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

Return on net assets (RONA)Not rated

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

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

Liquidity

Current ratioAverage

Around the average of companies in the same 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 ratioAverage

Around the average of companies in the same 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 ratioStrong

Among the 40% highest rated companies in the industry

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

Fixed assets to long-term capitalVery strong

Among the 10% highest 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.

Current assets to equityNot rated

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

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.

Debt & solvency

Solidity ratioVery weak

Among the 10% lowest 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 ratioVery weak

Among the 10% lowest rated companies in the industry

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

Income to debtStrong

Among the 40% highest rated companies in the industry

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

EBITDA to debtStrong

Among the 40% highest rated companies in the industry

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

Interest coverageStrong

Among the 30% 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 10% 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.

Debt to equityNot rated

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

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

Liabilities to equityNot rated

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

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

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.

One-year change in debtAverage

Around the average of companies in the same 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.

Equity to contributed capitalNot rated

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

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

One-year change in equityNot rated

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

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

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

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 Sameiet Cort Adelers Gate 2?

Sameiet Cort Adelers Gate 2 is registered with Brønnøysundsregistrene under Org 975503518.

What is the revenue of Sameiet Cort Adelers Gate 2?

Sameiet Cort Adelers Gate 2 reported revenue of NOK 767.6k in 2021.

Where is Sameiet Cort Adelers Gate 2 headquartered?

Sameiet Cort Adelers Gate 2's registered address is Dronning Eufemias Gate 16.