SORBÈ AS

3226 SANDEFJORD

Finances

Share Ownership

Return on Equity

38,8 %

Current Ratio

3,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 079 000	1 890 000	132 000	173 000
Net Income	317 000	437 000	−26 000	20 000
Total Assets	1 150 000	835 000	80 000	128 000
Total Equity	817 000	501 000	63 000	89 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 079 000	1 890 000	132 000	173 000
Expenditure	1 656 000	1 333 000	157 000	152 000
Operating Profit	424 000	556 000	−26 000	21 000
Financial Income	3 000	0	0	0
Financial Costs	5 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	422 000	556 000	−26 000	21 000
Tax	105 000	119 000	0	1 000
Net Income	317 000	437 000	−26 000	20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	0	0	0
Total Current Assets	1 132 000	835 000	80 000	128 000
Total Assets	1 150 000	835 000	80 000	128 000
Total Retained Equity	787 000	471 000	33 000	59 000
Total Equity	817 000	501 000	63 000	89 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	332 000	334 000	17 000	39 000
Total Equity and Debt	1 150 000	835 000	80 000	128 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 079 000	1 890 000	132 000	173 000
Other Income	0	0	0	0
Revenue	2 079 000	1 890 000	132 000	173 000
Cost of Goods Sold	623 000	299 000	28 000	30 000
Salary Costs	640 000	719 000	2 000	1 000
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 656 000	1 333 000	157 000	152 000
Operating Profit	424 000	556 000	−26 000	21 000
Financial Income	3 000	0	0	0
Financial Costs	5 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	0	0	0	0
Net Income	317 000	437 000	−26 000	20 000

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	18 000	0	0	0
Total Tangible Assets	18 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	0	0	0
Stock	0	0	0	0
Total Investments	298 000	0	0	0
Cash, Bank	545 000	493 000	65 000	107 000
Total Current Assets	1 132 000	835 000	80 000	128 000
Total Assets	1 150 000	835 000	80 000	128 000
Total Equity	817 000	501 000	63 000	89 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	39 000	8 000	3 000	−2 000
Unpaid Taxes	124 000	119 000	10 000	19 000
Dividends	0	0	0	0
Other Current Debt	64 000	88 000	5 000	21 000
Total Current Debt	332 000	334 000	17 000	39 000
Total Equity and Debt	1 150 000	835 000	80 000	128 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,8 %	87,23 %	−41,27 %	22,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,39 %	29,42 %	−19,7 %	12,14 %
Current Ratio	3,41	2,5	4,71	3,28
Quick Ratio	3,41	2,5	4,71	3,28
Equity Ratio	0,71	0,6	0,79	0,7
Gross Profit Margin	70,03 %	84,18 %	78,79 %	82,66 %