B. SØRENSEN HOLDING AS

4050 SOLA

Finances

Return on Equity

24,75 %

Current Ratio

8,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	50 000	50 000	50 000
Net Income	692 000	421 000	274 000	323 000
Total Assets	3 046 000	2 449 000	2 595 000	2 579 000
Total Equity	2 796 000	2 104 000	2 433 000	2 409 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	50 000	50 000	50 000
Expenditure	64 000	75 000	60 000	68 000
Operating Profit	−14 000	−25 000	−10 000	−18 000
Financial Income	902 000	565 000	362 000	431 000
Financial Costs	0	0	0	0
Financial Balance	902 000	565 000	362 000	431 000
Earnings Before Tax	887 000	540 000	352 000	413 000
Tax	195 000	119 000	77 000	90 000
Net Income	692 000	421 000	274 000	323 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 008 000	1 052 000	1 096 000	1 090 000
Total Current Assets	2 038 000	1 397 000	1 499 000	1 488 000
Total Assets	3 046 000	2 449 000	2 595 000	2 579 000
Total Retained Equity	2 778 000	2 086 000	2 415 000	2 391 000
Total Equity	2 796 000	2 104 000	2 433 000	2 409 000
Total Long-Term Debt	8 000	13 000	17 000	20 000
Total Current Debt	241 000	331 000	144 000	150 000
Total Equity and Debt	3 046 000	2 449 000	2 595 000	2 579 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	50 000	50 000	50 000	50 000
Revenue	50 000	50 000	50 000	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	44 000	44 000	44 000	44 000
Impairment	0	0	0	0
Expenditure	64 000	75 000	60 000	68 000
Operating Profit	−14 000	−25 000	−10 000	−18 000
Financial Income	902 000	565 000	362 000	431 000
Financial Costs	0	0	0	0
Financial Balance	902 000	565 000	362 000	431 000
Dividends	0	100 000	100 000	50 000
Net Income	692 000	421 000	274 000	323 000

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	121 000	165 000	209 000	253 000
Total Tangible Assets	121 000	165 000	209 000	253 000
Total Fiancial Fixed Assets	887 000	887 000	887 000	837 000
Total Fixed Assets	1 008 000	1 052 000	1 096 000	1 090 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 083 000	870 000	1 144 000	1 219 000
Total Current Assets	2 038 000	1 397 000	1 499 000	1 488 000
Total Assets	3 046 000	2 449 000	2 595 000	2 579 000
Total Equity	2 796 000	2 104 000	2 433 000	2 409 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	13 000	17 000	20 000
Creditors	0	9 000	0	9 000
Unpaid Taxes	0	0	0	0
Dividends	0	100 000	100 000	50 000
Other Current Debt	41 000	100 000	0	0
Total Current Debt	241 000	331 000	144 000	150 000
Total Equity and Debt	3 046 000	2 449 000	2 595 000	2 579 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,75 %	20,01 %	11,26 %	13,41 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	−28 %	−50 %	−20 %	−36 %
Current Ratio	8,46	4,22	10,41	9,92
Quick Ratio	8,46	4,22	10,41	9,92
Equity Ratio	0,92	0,86	0,94	0,93
Gross Profit Margin	100 %	100 %	100 %	100 %