SORGENFRI BUSS AS

7036 TRONDHEIM

Finances

Share Ownership

Return on Equity

6,89 %

Current Ratio

1,43

Debt-to-Equity Ratio

2,21

Key figures (NOK)	2021	2020	2019	2018
Revenue	8 759 000	10 425 000	8 347 000	6 548 000
Net Income	63 000	−630 000	536 000	105 000
Total Assets	5 671 000	6 507 000	5 471 000	2 414 000
Total Equity	914 000	851 000	1 481 000	944 000

Income (NOK)	2021	2020	2019	2018
Revenue	8 759 000	10 425 000	8 347 000	6 548 000
Expenditure	8 528 000	10 907 000	7 420 000	6 354 000
Operating Profit	230 000	−481 000	928 000	193 000
Financial Income	1 000	3 000	1 000	0
Financial Costs	168 000	214 000	240 000	60 000
Financial Balance	−167 000	−211 000	−239 000	−60 000
Earnings Before Tax	63 000	−693 000	688 000	134 000
Tax	0	−62 000	152 000	29 000
Net Income	63 000	−630 000	536 000	105 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 750 000	2 230 000	1 575 000	829 000
Total Current Assets	3 921 000	4 277 000	3 896 000	1 586 000
Total Assets	5 671 000	6 507 000	5 471 000	2 414 000
Total Retained Equity	884 000	821 000	1 451 000	914 000
Total Equity	914 000	851 000	1 481 000	944 000
Total Long-Term Debt	2 016 000	2 371 000	1 642 000	900 000
Total Current Debt	2 742 000	3 285 000	2 348 000	570 000
Total Equity and Debt	5 671 000	6 507 000	5 471 000	2 414 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	8 759 000	10 425 000	7 618 000	6 548 000
Other Income	0	0	730 000	0
Revenue	8 759 000	10 425 000	8 347 000	6 548 000
Cost of Goods Sold	6 269 000	7 696 000	4 723 000	3 768 000
Salary Costs	411 000	782 000	645 000	740 000
Depreciation	480 000	490 000	308 000	316 000
Impairment	0	0	0	0
Expenditure	8 528 000	10 907 000	7 420 000	6 354 000
Operating Profit	230 000	−481 000	928 000	193 000
Financial Income	1 000	3 000	1 000	0
Financial Costs	168 000	214 000	240 000	60 000
Financial Balance	−167 000	−211 000	−239 000	−60 000
Dividends	0	0	0	0
Net Income	63 000	−630 000	536 000	105 000

Balance details (NOK)	2021	2020	2019	2018
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	1 750 000	2 230 000	1 575 000	829 000
Total Tangible Assets	1 750 000	2 230 000	1 575 000	829 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 750 000	2 230 000	1 575 000	829 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 224 000	2 567 000	3 051 000	1 373 000
Total Current Assets	3 921 000	4 277 000	3 896 000	1 586 000
Total Assets	5 671 000	6 507 000	5 471 000	2 414 000
Total Equity	914 000	851 000	1 481 000	944 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 016 000	2 371 000	1 642 000	900 000
Creditors	2 316 000	2 553 000	1 837 000	177 000
Unpaid Taxes	84 000	295 000	124 000	188 000
Dividends	0	0	0	0
Other Current Debt	342 000	423 000	257 000	148 000
Total Current Debt	2 742 000	3 285 000	2 348 000	570 000
Total Equity and Debt	5 671 000	6 507 000	5 471 000	2 414 000

Financial indicators	2021	2020	2019	2018
Return on Equity	6,89 %	−74,03 %	36,19 %	11,12 %
Debt-to-Equity Ratio	2,21	2,79	1,11	0,95
Operating Profit Margin	2,63 %	−4,61 %	11,12 %	2,95 %
Current Ratio	1,43	1,3	1,66	2,78
Quick Ratio	1,43	1,3	1,66	2,78
Equity Ratio	0,16	0,13	0,27	0,39
Gross Profit Margin	28,43 %	26,18 %	43,42 %	42,46 %