SØRUM RØR OG BAD AS

1923 SØRUM

Finances

Share Ownership

Return on Equity

20,37 %

Current Ratio

2,5

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 854 000	9 074 000	10 234 000	7 622 000
Net Income	430 000	458 000	1 186 000	257 000
Total Assets	3 572 000	3 102 000	4 374 000	2 412 000
Total Equity	2 111 000	1 831 000	1 523 000	1 337 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 854 000	9 074 000	10 234 000	7 622 000
Expenditure	8 296 000	8 471 000	8 737 000	7 359 000
Operating Profit	558 000	602 000	1 496 000	264 000
Financial Income	6 000	0	1 000	4 000
Financial Costs	11 000	12 000	14 000	2 000
Financial Balance	−5 000	−12 000	−13 000	2 000
Earnings Before Tax	553 000	590 000	1 483 000	266 000
Tax	124 000	132 000	297 000	9 000
Net Income	430 000	458 000	1 186 000	257 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	318 000	379 000	457 000	80 000
Total Current Assets	3 254 000	2 724 000	3 918 000	2 332 000
Total Assets	3 572 000	3 102 000	4 374 000	2 412 000
Total Retained Equity	2 081 000	1 801 000	1 493 000	1 307 000
Total Equity	2 111 000	1 831 000	1 523 000	1 337 000
Total Long-Term Debt	158 000	198 000	262 000	0
Total Current Debt	1 303 000	1 073 000	2 589 000	1 075 000
Total Equity and Debt	3 572 000	3 102 000	4 374 000	2 412 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 854 000	9 073 000	9 977 000	7 604 000
Other Income	0	0	256 000	18 000
Revenue	8 854 000	9 074 000	10 234 000	7 622 000
Cost of Goods Sold	3 546 000	3 095 000	3 897 000	2 567 000
Salary Costs	3 216 000	3 762 000	3 313 000	3 254 000
Depreciation	121 000	114 000	88 000	5 000
Impairment	0	0	0	0
Expenditure	8 296 000	8 471 000	8 737 000	7 359 000
Operating Profit	558 000	602 000	1 496 000	264 000
Financial Income	6 000	0	1 000	4 000
Financial Costs	11 000	12 000	14 000	2 000
Financial Balance	−5 000	−12 000	−13 000	2 000
Dividends	150 000	150 000	1 000 000	0
Net Income	430 000	458 000	1 186 000	257 000

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	318 000	379 000	457 000	80 000
Total Tangible Assets	318 000	379 000	457 000	80 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	318 000	379 000	457 000	80 000
Stock	23 000	23 000	23 000	23 000
Total Investments	0	0	0	0
Cash, Bank	1 495 000	1 923 000	2 013 000	1 119 000
Total Current Assets	3 254 000	2 724 000	3 918 000	2 332 000
Total Assets	3 572 000	3 102 000	4 374 000	2 412 000
Total Equity	2 111 000	1 831 000	1 523 000	1 337 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	158 000	198 000	262 000	0
Creditors	262 000	19 000	432 000	219 000
Unpaid Taxes	541 000	422 000	584 000	460 000
Dividends	150 000	150 000	1 000 000	0
Other Current Debt	241 000	339 000	293 000	288 000
Total Current Debt	1 303 000	1 073 000	2 589 000	1 075 000
Total Equity and Debt	3 572 000	3 102 000	4 374 000	2 412 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,37 %	25,01 %	77,87 %	19,22 %
Debt-to-Equity Ratio	0,07	0,11	0,17	0
Operating Profit Margin	6,3 %	6,63 %	14,62 %	3,46 %
Current Ratio	2,5	2,54	1,51	2,17
Quick Ratio	2,54	2,59	1,53	2,22
Equity Ratio	0,59	0,59	0,35	0,55
Gross Profit Margin	59,95 %	65,89 %	61,92 %	66,32 %