SORN HOLDING AS

7506 STJØRDAL

Finances

Return on Equity

−40,74 %

Current Ratio

29,83

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	255 000	254 000	236 000	226 000
Net Income	−1 860 000	25 000	12 000	26 000
Total Assets	7 037 000	8 749 000	9 119 000	9 781 000
Total Equity	4 566 000	7 075 000	9 050 000	9 038 000

Income (NOK)	2022	2021	2020	2019
Revenue	255 000	254 000	236 000	226 000
Expenditure	2 008 000	260 000	248 000	275 000
Operating Profit	−1 754 000	−6 000	−12 000	−49 000
Financial Income	18 000	70 000	62 000	118 000
Financial Costs	113 000	1 000	0	0
Financial Balance	−95 000	69 000	62 000	118 000
Earnings Before Tax	−1 848 000	63 000	50 000	68 000
Tax	11 000	38 000	38 000	42 000
Net Income	−1 860 000	25 000	12 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 679 000	8 320 000	8 628 000	8 871 000
Total Current Assets	358 000	429 000	491 000	909 000
Total Assets	7 037 000	8 749 000	9 119 000	9 781 000
Total Retained Equity	3 928 000	6 437 000	8 412 000	8 400 000
Total Equity	4 566 000	7 075 000	9 050 000	9 038 000
Total Long-Term Debt	2 459 000	0	0	0
Total Current Debt	12 000	1 674 000	69 000	742 000
Total Equity and Debt	7 037 000	8 749 000	9 119 000	9 781 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	255 000	254 000	236 000	226 000
Revenue	255 000	254 000	236 000	226 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	123 000	123 000	123 000	123 000
Impairment	0	0	0	0
Expenditure	2 008 000	260 000	248 000	275 000
Operating Profit	−1 754 000	−6 000	−12 000	−49 000
Financial Income	18 000	70 000	62 000	118 000
Financial Costs	113 000	1 000	0	0
Financial Balance	−95 000	69 000	62 000	118 000
Dividends	650 000	2 000 000	0	950 000
Net Income	−1 860 000	25 000	12 000	26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 648 000	5 771 000	5 894 000	6 017 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 648 000	5 771 000	5 894 000	6 017 000
Total Fiancial Fixed Assets	1 031 000	2 549 000	2 734 000	2 854 000
Total Fixed Assets	6 679 000	8 320 000	8 628 000	8 871 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	353 000	177 000	243 000	667 000
Total Current Assets	358 000	429 000	491 000	909 000
Total Assets	7 037 000	8 749 000	9 119 000	9 781 000
Total Equity	4 566 000	7 075 000	9 050 000	9 038 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 459 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	650 000	2 000 000	0	950 000
Other Current Debt	1 000	1 636 000	31 000	0
Total Current Debt	12 000	1 674 000	69 000	742 000
Total Equity and Debt	7 037 000	8 749 000	9 119 000	9 781 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,74 %	0,35 %	0,13 %	0,29 %
Debt-to-Equity Ratio	0,54	0	0	0
Operating Profit Margin	−687,84 %	−2,36 %	−5,08 %	−21,68 %
Current Ratio	29,83	0,26	7,12	1,23
Quick Ratio	29,83	0,26	7,12	1,23
Equity Ratio	0,65	0,81	0,99	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %