SØREIDE BILVERKSTED AS

5251 SØREIDGREND

Finances

Share Ownership

Return on Equity

459,26 %

Current Ratio

1,04

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 896 000	8 133 000	6 399 000	6 260 000
Net Income	496 000	533 000	857 000	139 000
Total Assets	2 001 000	1 874 000	1 210 000	918 000
Total Equity	108 000	228 000	99 000	−499 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 896 000	8 133 000	6 399 000	6 260 000
Expenditure	7 264 000	7 461 000	5 434 000	6 118 000
Operating Profit	632 000	672 000	965 000	142 000
Financial Income	4 000	7 000	9 000	11 000
Financial Costs	0	2 000	3 000	14 000
Financial Balance	4 000	5 000	6 000	−3 000
Earnings Before Tax	636 000	676 000	971 000	139 000
Tax	139 000	143 000	114 000	0
Net Income	496 000	533 000	857 000	139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	49 000	25 000	12 000
Total Current Assets	1 969 000	1 825 000	1 185 000	907 000
Total Assets	2 001 000	1 874 000	1 210 000	918 000
Total Retained Equity	9 000	129 000	0	−589 000
Total Equity	108 000	228 000	99 000	−499 000
Total Long-Term Debt	1 000	40 000	68 000	110 000
Total Current Debt	1 892 000	1 607 000	1 042 000	1 307 000
Total Equity and Debt	2 001 000	1 874 000	1 210 000	918 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 785 000	8 025 000	6 364 000	6 249 000
Other Income	111 000	109 000	35 000	11 000
Revenue	7 896 000	8 133 000	6 399 000	6 260 000
Cost of Goods Sold	2 695 000	2 852 000	2 083 000	2 203 000
Salary Costs	3 015 000	3 154 000	2 214 000	2 866 000
Depreciation	17 000	20 000	6 000	8 000
Impairment	0	0	0	0
Expenditure	7 264 000	7 461 000	5 434 000	6 118 000
Operating Profit	632 000	672 000	965 000	142 000
Financial Income	4 000	7 000	9 000	11 000
Financial Costs	0	2 000	3 000	14 000
Financial Balance	4 000	5 000	6 000	−3 000
Dividends	600 000	350 000	259 000	0
Net Income	496 000	533 000	857 000	139 000

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	32 000	49 000	25 000	12 000
Total Tangible Assets	32 000	49 000	25 000	12 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 000	49 000	25 000	12 000
Stock	196 000	112 000	208 000	198 000
Total Investments	0	0	0	0
Cash, Bank	1 542 000	1 444 000	717 000	383 000
Total Current Assets	1 969 000	1 825 000	1 185 000	907 000
Total Assets	2 001 000	1 874 000	1 210 000	918 000
Total Equity	108 000	228 000	99 000	−499 000
Short-Term Group Debt	20 000	70 000	0	0
Total Long-Term Debt	1 000	40 000	68 000	110 000
Creditors	398 000	234 000	77 000	712 000
Unpaid Taxes	415 000	484 000	337 000	305 000
Dividends	600 000	350 000	259 000	0
Other Current Debt	325 000	341 000	254 000	291 000
Total Current Debt	1 892 000	1 607 000	1 042 000	1 307 000
Total Equity and Debt	2 001 000	1 874 000	1 210 000	918 000

Financial indicators	2022	2021	2020	2019
Return on Equity	459,26 %	233,77 %	865,66 %	−27,86 %
Debt-to-Equity Ratio	0,01	0,18	0,69	−0,22
Operating Profit Margin	8 %	8,26 %	15,08 %	2,27 %
Current Ratio	1,04	1,14	1,14	0,69
Quick Ratio	1,16	1,22	1,42	0,82
Equity Ratio	0,05	0,12	0,08	−0,54
Gross Profit Margin	65,87 %	64,93 %	67,45 %	64,81 %