SØRBY HANDEL AS

7624 EKNE

Finances

Share Ownership

Return on Equity

169,66 %

Current Ratio

2,66

Debt-to-Equity Ratio

10,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 281 000	8 723 000	9 223 000	7 718 000
Net Income	302 000	−428 000	0	124 000
Total Assets	2 588 000	2 398 000	3 561 000	1 162 000
Total Equity	178 000	−124 000	304 000	303 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 281 000	8 723 000	9 223 000	7 718 000
Expenditure	7 859 000	9 041 000	9 114 000	7 542 000
Operating Profit	424 000	−319 000	110 000	177 000
Financial Income	0	0	1 000	0
Financial Costs	122 000	109 000	107 000	23 000
Financial Balance	−122 000	−109 000	−106 000	−23 000
Earnings Before Tax	302 000	−428 000	4 000	155 000
Tax	0	0	3 000	31 000
Net Income	302 000	−428 000	0	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 177 000	1 317 000	1 533 000	41 000
Total Current Assets	1 411 000	1 081 000	2 029 000	1 121 000
Total Assets	2 588 000	2 398 000	3 561 000	1 162 000
Total Retained Equity	148 000	−154 000	274 000	273 000
Total Equity	178 000	−124 000	304 000	303 000
Total Long-Term Debt	1 880 000	1 977 000	2 536 000	252 000
Total Current Debt	530 000	546 000	721 000	607 000
Total Equity and Debt	2 588 000	2 398 000	3 561 000	1 162 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 169 000	8 701 000	9 164 000	7 694 000
Other Income	112 000	22 000	59 000	24 000
Revenue	8 281 000	8 723 000	9 223 000	7 718 000
Cost of Goods Sold	5 605 000	6 768 000	7 087 000	5 973 000
Salary Costs	1 069 000	1 282 000	1 169 000	948 000
Depreciation	141 000	206 000	138 000	49 000
Impairment	0	0	0	0
Expenditure	7 859 000	9 041 000	9 114 000	7 542 000
Operating Profit	424 000	−319 000	110 000	177 000
Financial Income	0	0	1 000	0
Financial Costs	122 000	109 000	107 000	23 000
Financial Balance	−122 000	−109 000	−106 000	−23 000
Dividends	0	0	0	0
Net Income	302 000	−428 000	0	124 000

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	0	0	0	0
Fixtures	1 177 000	1 317 000	1 533 000	41 000
Total Tangible Assets	1 177 000	1 317 000	1 533 000	41 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 177 000	1 317 000	1 533 000	41 000
Stock	777 000	809 000	1 017 000	604 000
Total Investments	0	0	0	0
Cash, Bank	168 000	235 000	706 000	375 000
Total Current Assets	1 411 000	1 081 000	2 029 000	1 121 000
Total Assets	2 588 000	2 398 000	3 561 000	1 162 000
Total Equity	178 000	−124 000	304 000	303 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 880 000	1 977 000	2 536 000	252 000
Creditors	272 000	310 000	483 000	342 000
Unpaid Taxes	112 000	114 000	115 000	74 000
Dividends	0	0	0	0
Other Current Debt	146 000	121 000	121 000	160 000
Total Current Debt	530 000	546 000	721 000	607 000
Total Equity and Debt	2 588 000	2 398 000	3 561 000	1 162 000

Financial indicators	2022	2021	2020	2019
Return on Equity	169,66 %	345,16 %	0 %	40,92 %
Debt-to-Equity Ratio	10,56	−15,94	8,34	0,83
Operating Profit Margin	5,12 %	−3,66 %	1,19 %	2,29 %
Current Ratio	2,66	1,98	2,81	1,85
Quick Ratio	−5,71	−4,11	−6,85	373,67
Equity Ratio	0,07	−0,05	0,09	0,26
Gross Profit Margin	32,31 %	22,41 %	23,16 %	22,61 %