SØRØ SKIPSSERVICE AS

7900 RØRVIK

Finances

Share Ownership

Return on Equity

−14,09 %

Current Ratio

5,63

Debt-to-Equity Ratio

0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 474 000	1 139 000	775 000	1 504 000
Net Income	−91 000	238 000	−112 000	260 000
Total Assets	1 378 000	1 188 000	952 000	1 342 000
Total Equity	646 000	736 000	498 000	611 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 474 000	1 139 000	775 000	1 504 000
Expenditure	1 518 000	878 000	872 000	1 148 000
Operating Profit	−44 000	261 000	−97 000	356 000
Financial Income	0	0	0	1 000
Financial Costs	28 000	11 000	15 000	7 000
Financial Balance	−28 000	−11 000	−15 000	−6 000
Earnings Before Tax	−72 000	249 000	−112 000	350 000
Tax	19 000	12 000	0	89 000
Net Income	−91 000	238 000	−112 000	260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	634 000	287 000	344 000	89 000
Total Current Assets	743 000	901 000	609 000	1 253 000
Total Assets	1 378 000	1 188 000	952 000	1 342 000
Total Retained Equity	616 000	706 000	468 000	581 000
Total Equity	646 000	736 000	498 000	611 000
Total Long-Term Debt	600 000	217 000	252 000	88 000
Total Current Debt	132 000	234 000	202 000	643 000
Total Equity and Debt	1 378 000	1 188 000	952 000	1 342 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 473 000	1 139 000	771 000	1 504 000
Other Income	0	0	4 000	0
Revenue	1 474 000	1 139 000	775 000	1 504 000
Cost of Goods Sold	619 000	419 000	278 000	426 000
Salary Costs	308 000	63 000	258 000	371 000
Depreciation	91 000	57 000	57 000	68 000
Impairment	0	0	0	0
Expenditure	1 518 000	878 000	872 000	1 148 000
Operating Profit	−44 000	261 000	−97 000	356 000
Financial Income	0	0	0	1 000
Financial Costs	28 000	11 000	15 000	7 000
Financial Balance	−28 000	−11 000	−15 000	−6 000
Dividends	0	0	0	400 000
Net Income	−91 000	238 000	−112 000	260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	53 000	72 000	97 000	89 000
Fixtures	582 000	214 000	247 000	0
Total Tangible Assets	634 000	287 000	344 000	89 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	634 000	287 000	344 000	89 000
Stock	328 000	352 000	281 000	232 000
Total Investments	0	0	0	0
Cash, Bank	242 000	347 000	145 000	614 000
Total Current Assets	743 000	901 000	609 000	1 253 000
Total Assets	1 378 000	1 188 000	952 000	1 342 000
Total Equity	646 000	736 000	498 000	611 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	600 000	217 000	252 000	88 000
Creditors	62 000	88 000	45 000	7 000
Unpaid Taxes	41 000	41 000	19 000	106 000
Dividends	0	0	0	400 000
Other Current Debt	29 000	79 000	138 000	40 000
Total Current Debt	132 000	234 000	202 000	643 000
Total Equity and Debt	1 378 000	1 188 000	952 000	1 342 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,09 %	32,34 %	−22,49 %	42,55 %
Debt-to-Equity Ratio	0,93	0,29	0,51	0,14
Operating Profit Margin	−2,99 %	22,91 %	−12,52 %	23,67 %
Current Ratio	5,63	3,85	3,01	1,95
Quick Ratio	−3,79	−7,64	−7,71	3,05
Equity Ratio	0,47	0,62	0,52	0,46
Gross Profit Margin	58,01 %	63,21 %	64,13 %	71,68 %