M SØRENSEN HOLDING AS

8516 NARVIK

Finances

Return on Equity

14,21 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 226 000	899 000	30 083 000	0
Net Income	3 200 000	850 000	30 107 000	−26 000
Total Assets	22 515 000	20 815 000	20 699 000	13 516 000
Total Equity	22 515 000	20 815 000	20 635 000	8 528 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 226 000	899 000	30 083 000	0
Expenditure	25 000	28 000	32 000	6 000
Operating Profit	3 201 000	871 000	30 051 000	−6 000
Financial Income	0	0	36 000	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	36 000	0
Earnings Before Tax	3 200 000	870 000	30 087 000	−6 000
Tax	0	20 000	−20 000	19 000
Net Income	3 200 000	850 000	30 107 000	−26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 748 000	19 752 000	19 768 000	13 508 000
Total Current Assets	2 767 000	1 063 000	931 000	8 000
Total Assets	22 515 000	20 815 000	20 699 000	13 516 000
Total Retained Equity	18 056 000	16 356 000	16 176 000	4 069 000
Total Equity	22 515 000	20 815 000	20 635 000	8 528 000
Total Long-Term Debt	0	0	0	4 882 000
Total Current Debt	0	0	63 000	106 000
Total Equity and Debt	22 515 000	20 815 000	20 699 000	13 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 226 000	899 000	30 083 000	0
Other Income	0	0	0	0
Revenue	3 226 000	899 000	30 083 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	25 000	28 000	32 000	6 000
Operating Profit	3 201 000	871 000	30 051 000	−6 000
Financial Income	0	0	36 000	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	36 000	0
Dividends	0	0	0	0
Net Income	3 200 000	850 000	30 107 000	−26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	20 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	19 748 000	19 752 000	19 748 000	13 508 000
Total Fixed Assets	19 748 000	19 752 000	19 768 000	13 508 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	848 000	874 000	931 000	8 000
Total Current Assets	2 767 000	1 063 000	931 000	8 000
Total Assets	22 515 000	20 815 000	20 699 000	13 516 000
Total Equity	22 515 000	20 815 000	20 635 000	8 528 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	4 882 000
Creditors	0	0	27 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	36 000	106 000
Total Current Debt	0	0	63 000	106 000
Total Equity and Debt	22 515 000	20 815 000	20 699 000	13 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,21 %	4,08 %	145,9 %	−0,3 %
Debt-to-Equity Ratio	0	0	0	0,57
Operating Profit Margin	99,23 %	96,89 %	99,89 %	-
Current Ratio	-	-	14,78	0,08
Quick Ratio	-	-	14,78	0,08
Equity Ratio	1	1	1	0,63
Gross Profit Margin	100 %	100 %	100 %	-