SÅRHEIM TRANSPORT AS

5265 YTRE ARNA

Finances

Share Ownership

Return on Equity

−11,62 %

Current Ratio

9,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 887 000	3 300 000	2 478 000	2 864 000
Net Income	−208 000	578 000	21 000	276 000
Total Assets	1 993 000	2 359 000	1 775 000	2 006 000
Total Equity	1 790 000	1 998 000	1 420 000	1 500 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 887 000	3 300 000	2 478 000	2 864 000
Expenditure	2 093 000	2 561 000	2 461 000	2 493 000
Operating Profit	−206 000	739 000	18 000	371 000
Financial Income	2 000	2 000	2 000	1 000
Financial Costs	5 000	0	1 000	10 000
Financial Balance	−3 000	2 000	1 000	−9 000
Earnings Before Tax	−210 000	741 000	19 000	362 000
Tax	−2 000	163 000	−2 000	86 000
Net Income	−208 000	578 000	21 000	276 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	128 000	189 000	247 000	531 000
Total Current Assets	1 865 000	2 170 000	1 528 000	1 475 000
Total Assets	1 993 000	2 359 000	1 775 000	2 006 000
Total Retained Equity	1 760 000	1 968 000	1 390 000	1 470 000
Total Equity	1 790 000	1 998 000	1 420 000	1 500 000
Total Long-Term Debt	0	2 000	4 000	26 000
Total Current Debt	203 000	359 000	350 000	480 000
Total Equity and Debt	1 993 000	2 359 000	1 775 000	2 006 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 812 000	2 444 000	2 463 000	2 864 000
Other Income	75 000	856 000	15 000	0
Revenue	1 887 000	3 300 000	2 478 000	2 864 000
Cost of Goods Sold	176 000	88 000	66 000	66 000
Salary Costs	637 000	786 000	711 000	763 000
Depreciation	36 000	58 000	99 000	160 000
Impairment	0	0	0	0
Expenditure	2 093 000	2 561 000	2 461 000	2 493 000
Operating Profit	−206 000	739 000	18 000	371 000
Financial Income	2 000	2 000	2 000	1 000
Financial Costs	5 000	0	1 000	10 000
Financial Balance	−3 000	2 000	1 000	−9 000
Dividends	0	0	100 000	150 000
Net Income	−208 000	578 000	21 000	276 000

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	127 000	188 000	246 000	530 000
Total Tangible Assets	127 000	188 000	246 000	530 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	128 000	189 000	247 000	531 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 423 000	1 690 000	1 245 000	1 021 000
Total Current Assets	1 865 000	2 170 000	1 528 000	1 475 000
Total Assets	1 993 000	2 359 000	1 775 000	2 006 000
Total Equity	1 790 000	1 998 000	1 420 000	1 500 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	4 000	26 000
Creditors	23 000	20 000	98 000	31 000
Unpaid Taxes	115 000	92 000	75 000	145 000
Dividends	0	0	100 000	150 000
Other Current Debt	64 000	82 000	67 000	70 000
Total Current Debt	203 000	359 000	350 000	480 000
Total Equity and Debt	1 993 000	2 359 000	1 775 000	2 006 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,62 %	28,93 %	1,48 %	18,4 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	−10,92 %	22,39 %	0,73 %	12,95 %
Current Ratio	9,19	6,04	4,37	3,07
Quick Ratio	9,19	6,04	4,37	3,07
Equity Ratio	0,9	0,85	0,8	0,75
Gross Profit Margin	90,67 %	97,33 %	97,34 %	97,7 %