BJARNE W. SØRENSEN AS

3113 TØNSBERG

Finances

Share Ownership

Return on Equity

70,48 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 074 000	11 090 000	10 880 000	12 422 000
Net Income	1 072 000	410 000	465 000	1 399 000
Total Assets	7 527 000	3 680 000	4 355 000	4 983 000
Total Equity	1 521 000	1 502 000	1 502 000	1 497 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 074 000	11 090 000	10 880 000	12 422 000
Expenditure	15 694 000	10 562 000	10 282 000	10 627 000
Operating Profit	1 380 000	527 000	598 000	1 795 000
Financial Income	0	0	0	1 000
Financial Costs	0	1 000	2 000	1 000
Financial Balance	0	−1 000	−2 000	0
Earnings Before Tax	1 380 000	526 000	597 000	1 794 000
Tax	308 000	116 000	132 000	395 000
Net Income	1 072 000	410 000	465 000	1 399 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	176 000	297 000	302 000	742 000
Total Current Assets	7 351 000	3 383 000	4 053 000	4 240 000
Total Assets	7 527 000	3 680 000	4 355 000	4 983 000
Total Retained Equity	1 321 000	1 302 000	1 302 000	1 297 000
Total Equity	1 521 000	1 502 000	1 502 000	1 497 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 006 000	2 179 000	2 853 000	3 486 000
Total Equity and Debt	7 527 000	3 680 000	4 355 000	4 983 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 074 000	11 090 000	10 880 000	12 422 000
Other Income	0	0	0	0
Revenue	17 074 000	11 090 000	10 880 000	12 422 000
Cost of Goods Sold	9 243 000	5 118 000	5 629 000	6 034 000
Salary Costs	4 765 000	3 916 000	3 250 000	3 141 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	15 694 000	10 562 000	10 282 000	10 627 000
Operating Profit	1 380 000	527 000	598 000	1 795 000
Financial Income	0	0	0	1 000
Financial Costs	0	1 000	2 000	1 000
Financial Balance	0	−1 000	−2 000	0
Dividends	1 053 000	410 000	460 000	1 400 000
Net Income	1 072 000	410 000	465 000	1 399 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 000	54 000	48 000	41 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	100 000	243 000	253 000	701 000
Total Fixed Assets	176 000	297 000	302 000	742 000
Stock	55 000	0	71 000	0
Total Investments	0	0	0	0
Cash, Bank	1 474 000	1 063 000	1 437 000	635 000
Total Current Assets	7 351 000	3 383 000	4 053 000	4 240 000
Total Assets	7 527 000	3 680 000	4 355 000	4 983 000
Total Equity	1 521 000	1 502 000	1 502 000	1 497 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 111 000	351 000	639 000	423 000
Unpaid Taxes	1 488 000	838 000	868 000	727 000
Dividends	1 053 000	410 000	460 000	1 400 000
Other Current Debt	3 077 000	868 000	1 207 000	1 917 000
Total Current Debt	6 006 000	2 179 000	2 853 000	3 486 000
Total Equity and Debt	7 527 000	3 680 000	4 355 000	4 983 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,48 %	27,3 %	30,96 %	93,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,08 %	4,75 %	5,5 %	14,45 %
Current Ratio	1,22	1,55	1,42	1,22
Quick Ratio	1,24	1,55	1,46	1,22
Equity Ratio	0,2	0,41	0,34	0,3
Gross Profit Margin	45,87 %	53,85 %	48,26 %	51,42 %