SØRNESET PRODUKSJON AS

8909 BRØNNØYSUND

Finances

Share Ownership

Return on Equity

23,17 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	432 000	715 000	568 000	567 000
Net Income	19 000	24 000	29 000	29 000
Total Assets	132 000	223 000	160 000	168 000
Total Equity	82 000	63 000	40 000	11 000

Income (NOK)	2022	2021	2020	2019
Revenue	432 000	715 000	568 000	567 000
Expenditure	405 000	683 000	518 000	537 000
Operating Profit	27 000	33 000	50 000	37 000
Financial Income	0	0	0	0
Financial Costs	2 000	3 000	5 000	6 000
Financial Balance	−2 000	−3 000	−5 000	−6 000
Earnings Before Tax	24 000	29 000	45 000	32 000
Tax	6 000	6 000	16 000	2 000
Net Income	19 000	24 000	29 000	29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	87 000	120 000	46 000	96 000
Total Current Assets	45 000	103 000	114 000	72 000
Total Assets	132 000	223 000	160 000	168 000
Total Retained Equity	58 000	39 000	16 000	−14 000
Total Equity	82 000	63 000	40 000	11 000
Total Long-Term Debt	10 000	35 000	60 000	85 000
Total Current Debt	40 000	125 000	60 000	72 000
Total Equity and Debt	132 000	223 000	160 000	168 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	427 000	617 000	492 000	567 000
Other Income	5 000	98 000	76 000	0
Revenue	432 000	715 000	568 000	567 000
Cost of Goods Sold	44 000	56 000	145 000	36 000
Salary Costs	124 000	329 000	108 000	170 000
Depreciation	33 000	37 000	50 000	49 000
Impairment	0	0	0	0
Expenditure	405 000	683 000	518 000	537 000
Operating Profit	27 000	33 000	50 000	37 000
Financial Income	0	0	0	0
Financial Costs	2 000	3 000	5 000	6 000
Financial Balance	−2 000	−3 000	−5 000	−6 000
Dividends	0	0	0	0
Net Income	19 000	24 000	29 000	29 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	1 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	87 000	120 000	46 000	96 000
Total Tangible Assets	87 000	120 000	46 000	96 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	87 000	120 000	46 000	96 000
Stock	0	0	0	8 000
Total Investments	0	0	0	0
Cash, Bank	32 000	92 000	104 000	48 000
Total Current Assets	45 000	103 000	114 000	72 000
Total Assets	132 000	223 000	160 000	168 000
Total Equity	82 000	63 000	40 000	11 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	35 000	60 000	85 000
Creditors	1 000	1 000	1 000	12 000
Unpaid Taxes	21 000	88 000	18 000	34 000
Dividends	0	0	0	0
Other Current Debt	11 000	30 000	25 000	24 000
Total Current Debt	40 000	125 000	60 000	72 000
Total Equity and Debt	132 000	223 000	160 000	168 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,17 %	38,1 %	72,5 %	263,64 %
Debt-to-Equity Ratio	0,12	0,56	1,5	7,73
Operating Profit Margin	6,25 %	4,62 %	8,8 %	6,53 %
Current Ratio	1,13	0,82	1,9	1
Quick Ratio	1,13	0,82	1,9	1,13
Equity Ratio	0,62	0,28	0,25	0,07
Gross Profit Margin	89,81 %	92,17 %	74,47 %	93,65 %