SORTLAND ENTREPRENØR AS

8402 SORTLAND

Finances

Return on Equity

227,96 %

Current Ratio

1,03

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	422 406 000	277 513 000	223 308 000	305 370 000
Net Income	20 136 000	13 584 000	3 176 000	9 326 000
Total Assets	149 725 000	87 547 000	53 195 000	83 166 000
Total Equity	8 833 000	8 816 000	9 128 000	8 772 000

Income (NOK)	2022	2021	2020	2019
Revenue	422 406 000	277 513 000	223 308 000	305 370 000
Expenditure	397 103 000	260 078 000	218 789 000	293 515 000
Operating Profit	25 302 000	17 436 000	4 520 000	11 856 000
Financial Income	604 000	100 000	38 000	427 000
Financial Costs	85 000	98 000	472 000	299 000
Financial Balance	519 000	2 000	−434 000	128 000
Earnings Before Tax	25 821 000	17 438 000	4 086 000	11 985 000
Tax	5 686 000	3 854 000	909 000	2 658 000
Net Income	20 136 000	13 584 000	3 176 000	9 326 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 739 000	4 443 000	4 684 000	3 635 000
Total Current Assets	141 986 000	83 105 000	48 511 000	79 531 000
Total Assets	149 725 000	87 547 000	53 195 000	83 166 000
Total Retained Equity	3 190 000	3 174 000	3 485 000	3 130 000
Total Equity	8 833 000	8 816 000	9 128 000	8 772 000
Total Long-Term Debt	2 860 000	0	0	413 000
Total Current Debt	138 033 000	78 731 000	44 067 000	73 981 000
Total Equity and Debt	149 725 000	87 547 000	53 195 000	83 166 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	414 951 000	277 513 000	223 308 000	305 370 000
Other Income	7 455 000	0	0	0
Revenue	422 406 000	277 513 000	223 308 000	305 370 000
Cost of Goods Sold	320 646 000	197 351 000	164 199 000	237 587 000
Salary Costs	53 213 000	41 812 000	35 360 000	35 918 000
Depreciation	1 872 000	1 537 000	1 196 000	1 548 000
Impairment	0	0	0	0
Expenditure	397 103 000	260 078 000	218 789 000	293 515 000
Operating Profit	25 302 000	17 436 000	4 520 000	11 856 000
Financial Income	604 000	100 000	38 000	427 000
Financial Costs	85 000	98 000	472 000	299 000
Financial Balance	519 000	2 000	−434 000	128 000
Dividends	0	0	0	0
Net Income	20 136 000	13 584 000	3 176 000	9 326 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	100 000	111 000	46 000	160 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 107 000	0	0	0
Fixtures	4 527 000	4 327 000	4 634 000	3 470 000
Total Tangible Assets	7 634 000	4 327 000	4 634 000	3 470 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	7 739 000	4 443 000	4 684 000	3 635 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 874 000	1 985 000	1 779 000	4 336 000
Total Current Assets	141 986 000	83 105 000	48 511 000	79 531 000
Total Assets	149 725 000	87 547 000	53 195 000	83 166 000
Total Equity	8 833 000	8 816 000	9 128 000	8 772 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 860 000	0	0	413 000
Creditors	64 309 000	20 393 000	27 471 000	29 925 000
Unpaid Taxes	13 110 000	8 568 000	3 475 000	3 790 000
Dividends	0	0	0	0
Other Current Debt	60 614 000	49 770 000	13 121 000	40 266 000
Total Current Debt	138 033 000	78 731 000	44 067 000	73 981 000
Total Equity and Debt	149 725 000	87 547 000	53 195 000	83 166 000

Financial indicators	2022	2021	2020	2019
Return on Equity	227,96 %	154,08 %	34,79 %	106,32 %
Debt-to-Equity Ratio	0,32	0	0	0,05
Operating Profit Margin	5,99 %	6,28 %	2,02 %	3,88 %
Current Ratio	1,03	1,06	1,1	1,08
Quick Ratio	1,03	1,06	1,1	1,08
Equity Ratio	0,06	0,1	0,17	0,11
Gross Profit Margin	24,09 %	28,89 %	26,47 %	22,2 %