Søren Nielsen AS

8900 BRØNNØYSUND

Finances

Share Ownership

Return on Equity

39,65 %

Current Ratio

2,04

Debt-to-Equity Ratio

38,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	62 058 000	34 797 000	18 742 000	18 572 000
Net Income	7 751 000	4 148 000	4 840 000	−5 507 000
Total Assets	799 858 000	753 322 000	567 648 000	313 923 000
Total Equity	19 551 000	11 800 000	7 652 000	2 812 000

Income (NOK)	2022	2021	2020	2019
Revenue	62 058 000	34 797 000	18 742 000	18 572 000
Expenditure	24 596 000	22 584 000	12 684 000	25 212 000
Operating Profit	37 462 000	12 213 000	6 058 000	−6 640 000
Financial Income	2 131 000	301 000	161 000	153 000
Financial Costs	29 649 000	7 196 000	1 000	574 000
Financial Balance	−27 518 000	−6 895 000	160 000	−421 000
Earnings Before Tax	9 944 000	5 317 000	6 219 000	−7 060 000
Tax	2 193 000	1 170 000	1 378 000	−1 553 000
Net Income	7 751 000	4 148 000	4 840 000	−5 507 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	726 290 000	702 649 000	498 759 000	194 089 000
Total Current Assets	73 568 000	50 673 000	68 889 000	119 834 000
Total Assets	799 858 000	753 322 000	567 648 000	313 923 000
Total Retained Equity	14 031 000	6 280 000	2 132 000	−2 708 000
Total Equity	19 551 000	11 800 000	7 652 000	2 812 000
Total Long-Term Debt	744 326 000	721 772 000	535 158 000	291 897 000
Total Current Debt	35 981 000	19 750 000	24 837 000	19 214 000
Total Equity and Debt	799 858 000	753 322 000	567 648 000	313 923 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	62 058 000	34 797 000	18 742 000	18 572 000
Other Income	0	0	0	0
Revenue	62 058 000	34 797 000	18 742 000	18 572 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	12 200 000	11 898 000	7 846 000	7 846 000
Impairment	0	0	0	0
Expenditure	24 596 000	22 584 000	12 684 000	25 212 000
Operating Profit	37 462 000	12 213 000	6 058 000	−6 640 000
Financial Income	2 131 000	301 000	161 000	153 000
Financial Costs	29 649 000	7 196 000	1 000	574 000
Financial Balance	−27 518 000	−6 895 000	160 000	−421 000
Dividends	0	0	0	0
Net Income	7 751 000	4 148 000	4 840 000	−5 507 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 618 000	2 788 000	4 166 000
Real Eastate	690 871 000	667 046 000	462 734 000	189 923 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	690 871 000	667 046 000	462 734 000	189 923 000
Total Fiancial Fixed Assets	35 419 000	33 985 000	33 237 000	0
Total Fixed Assets	726 290 000	702 649 000	498 759 000	194 089 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	73 347 000	50 673 000	68 889 000	58 938 000
Total Current Assets	73 568 000	50 673 000	68 889 000	119 834 000
Total Assets	799 858 000	753 322 000	567 648 000	313 923 000
Total Equity	19 551 000	11 800 000	7 652 000	2 812 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	744 326 000	721 772 000	535 158 000	291 897 000
Creditors	28 212 000	16 488 000	24 712 000	19 057 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 769 000	3 262 000	125 000	157 000
Total Current Debt	35 981 000	19 750 000	24 837 000	19 214 000
Total Equity and Debt	799 858 000	753 322 000	567 648 000	313 923 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,65 %	35,15 %	63,25 %	−195,84 %
Debt-to-Equity Ratio	38,07	61,17	69,94	103,8
Operating Profit Margin	60,37 %	35,1 %	32,32 %	−35,75 %
Current Ratio	2,04	2,57	2,77	6,24
Quick Ratio	2,04	2,57	2,77	6,24
Equity Ratio	0,02	0,02	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %