SØSTRENE LYE AS

5590 ETNE

Finances

Share Ownership

Return on Equity

20,27 %

Current Ratio

2,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 228 000	4 855 000	4 602 000	4 072 000
Net Income	181 000	130 000	85 000	27 000
Total Assets	1 618 000	1 486 000	1 217 000	1 122 000
Total Equity	893 000	713 000	582 000	497 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 228 000	4 855 000	4 602 000	4 072 000
Expenditure	3 985 000	4 671 000	4 483 000	4 014 000
Operating Profit	243 000	184 000	120 000	59 000
Financial Income	0	1 000	3 000	1 000
Financial Costs	−3 000	3 000	5 000	8 000
Financial Balance	3 000	−2 000	−2 000	−7 000
Earnings Before Tax	247 000	182 000	118 000	52 000
Tax	66 000	51 000	32 000	25 000
Net Income	181 000	130 000	85 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	12 000	24 000
Total Current Assets	1 618 000	1 486 000	1 205 000	1 098 000
Total Assets	1 618 000	1 486 000	1 217 000	1 122 000
Total Retained Equity	863 000	683 000	552 000	467 000
Total Equity	893 000	713 000	582 000	497 000
Total Long-Term Debt	0	0	3 000	38 000
Total Current Debt	725 000	773 000	632 000	587 000
Total Equity and Debt	1 618 000	1 486 000	1 217 000	1 122 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 228 000	4 855 000	4 602 000	4 072 000
Other Income	0	0	0	0
Revenue	4 228 000	4 855 000	4 602 000	4 072 000
Cost of Goods Sold	2 162 000	2 582 000	2 573 000	2 396 000
Salary Costs	1 455 000	1 667 000	1 472 000	1 177 000
Depreciation	0	12 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	3 985 000	4 671 000	4 483 000	4 014 000
Operating Profit	243 000	184 000	120 000	59 000
Financial Income	0	1 000	3 000	1 000
Financial Costs	−3 000	3 000	5 000	8 000
Financial Balance	3 000	−2 000	−2 000	−7 000
Dividends	0	0	0	0
Net Income	181 000	130 000	85 000	27 000

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	0	0	12 000	24 000
Total Tangible Assets	0	0	12 000	24 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	12 000	24 000
Stock	513 000	540 000	390 000	408 000
Total Investments	0	0	0	0
Cash, Bank	871 000	788 000	723 000	595 000
Total Current Assets	1 618 000	1 486 000	1 205 000	1 098 000
Total Assets	1 618 000	1 486 000	1 217 000	1 122 000
Total Equity	893 000	713 000	582 000	497 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	38 000
Creditors	155 000	141 000	98 000	195 000
Unpaid Taxes	290 000	383 000	318 000	222 000
Dividends	0	0	0	0
Other Current Debt	213 000	198 000	183 000	143 000
Total Current Debt	725 000	773 000	632 000	587 000
Total Equity and Debt	1 618 000	1 486 000	1 217 000	1 122 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,27 %	18,23 %	14,6 %	5,43 %
Debt-to-Equity Ratio	0	0	0,01	0,08
Operating Profit Margin	5,75 %	3,79 %	2,61 %	1,45 %
Current Ratio	2,23	1,92	1,91	1,87
Quick Ratio	7,63	6,38	4,98	6,13
Equity Ratio	0,55	0,48	0,48	0,44
Gross Profit Margin	48,86 %	46,82 %	44,09 %	41,16 %