SOMMEREIK AS

0681 OSLO

Finances

Return on Equity

8,37 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	125 637 000	111 013 000	129 299 000	148 287 000
Net Income	3 416 000	2 246 000	1 060 000	437 000
Total Assets	74 561 000	27 761 000	28 066 000	34 720 000
Total Equity	40 811 000	6 532 000	4 899 000	3 270 000

Income (NOK)	2022	2021	2020	2019
Revenue	125 637 000	111 013 000	129 299 000	148 287 000
Expenditure	121 252 000	108 257 000	127 934 000	147 628 000
Operating Profit	4 384 000	2 755 000	1 367 000	659 000
Financial Income	44 000	161 000	55 000	449 000
Financial Costs	15 000	5 000	24 000	453 000
Financial Balance	29 000	156 000	31 000	−4 000
Earnings Before Tax	4 413 000	2 912 000	1 398 000	655 000
Tax	997 000	666 000	338 000	218 000
Net Income	3 416 000	2 246 000	1 060 000	437 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 074 000	765 000	984 000	1 691 000
Total Current Assets	40 487 000	26 996 000	27 082 000	33 029 000
Total Assets	74 561 000	27 761 000	28 066 000	34 720 000
Total Retained Equity	40 352 000	5 886 000	4 466 000	3 240 000
Total Equity	40 811 000	6 532 000	4 899 000	3 270 000
Total Long-Term Debt	0	403 000	403 000	405 000
Total Current Debt	33 750 000	20 825 000	22 764 000	31 046 000
Total Equity and Debt	74 561 000	27 761 000	28 066 000	34 720 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	125 607 000	111 013 000	129 299 000	147 998 000
Other Income	30 000	0	0	289 000
Revenue	125 637 000	111 013 000	129 299 000	148 287 000
Cost of Goods Sold	12 891 000	9 924 000	14 504 000	19 243 000
Salary Costs	99 790 000	90 018 000	101 878 000	114 163 000
Depreciation	65 000	29 000	801 000	804 000
Impairment	0	0	0	0
Expenditure	121 252 000	108 257 000	127 934 000	147 628 000
Operating Profit	4 384 000	2 755 000	1 367 000	659 000
Financial Income	44 000	161 000	55 000	449 000
Financial Costs	15 000	5 000	24 000	453 000
Financial Balance	29 000	156 000	31 000	−4 000
Dividends	0	0	0	0
Net Income	3 416 000	2 246 000	1 060 000	437 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	790 000
Total Intangible Assets	123 000	37 000	20 000	938 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	221 000	286 000	55 000	22 000
Total Tangible Assets	221 000	286 000	55 000	22 000
Total Fiancial Fixed Assets	33 730 000	442 000	908 000	731 000
Total Fixed Assets	34 074 000	765 000	984 000	1 691 000
Stock	460 000	423 000	358 000	395 000
Total Investments	0	0	0	0
Cash, Bank	9 316 000	9 684 000	7 626 000	6 017 000
Total Current Assets	40 487 000	26 996 000	27 082 000	33 029 000
Total Assets	74 561 000	27 761 000	28 066 000	34 720 000
Total Equity	40 811 000	6 532 000	4 899 000	3 270 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	403 000	403 000	405 000
Creditors	2 435 000	975 000	1 219 000	877 000
Unpaid Taxes	13 959 000	8 989 000	9 034 000	9 595 000
Dividends	0	0	0	0
Other Current Debt	15 008 000	10 118 000	12 178 000	15 400 000
Total Current Debt	33 750 000	20 825 000	22 764 000	31 046 000
Total Equity and Debt	74 561 000	27 761 000	28 066 000	34 720 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,37 %	34,38 %	21,64 %	13,36 %
Debt-to-Equity Ratio	0	0,06	0,08	0,12
Operating Profit Margin	3,49 %	2,48 %	1,06 %	0,44 %
Current Ratio	1,2	1,3	1,19	1,06
Quick Ratio	1,22	1,32	1,21	1,08
Equity Ratio	0,55	0,24	0,17	0,09
Gross Profit Margin	89,74 %	91,06 %	88,78 %	87,02 %