SØRENSEN OG HOGSNES AS

3179 ÅSGÅRDSTRAND

Finances

Share Ownership

Return on Equity

38,26 %

Current Ratio

2,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 639 000	8 446 000	3 547 000	5 814 000
Net Income	1 226 000	1 230 000	336 000	544 000
Total Assets	5 091 000	4 445 000	2 096 000	2 588 000
Total Equity	3 204 000	2 479 000	1 498 000	1 162 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 639 000	8 446 000	3 547 000	5 814 000
Expenditure	5 086 000	6 871 000	3 119 000	5 121 000
Operating Profit	1 552 000	1 575 000	427 000	693 000
Financial Income	20 000	3 000	4 000	5 000
Financial Costs	1 000	0	0	0
Financial Balance	19 000	3 000	4 000	5 000
Earnings Before Tax	1 571 000	1 577 000	431 000	698 000
Tax	346 000	347 000	95 000	154 000
Net Income	1 226 000	1 230 000	336 000	544 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	47 000	14 000	20 000
Total Current Assets	5 054 000	4 399 000	2 082 000	2 568 000
Total Assets	5 091 000	4 445 000	2 096 000	2 588 000
Total Retained Equity	3 104 000	2 379 000	1 398 000	1 062 000
Total Equity	3 204 000	2 479 000	1 498 000	1 162 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 887 000	1 967 000	597 000	1 426 000
Total Equity and Debt	5 091 000	4 445 000	2 096 000	2 588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 639 000	8 446 000	3 547 000	5 676 000
Other Income	0	0	0	138 000
Revenue	6 639 000	8 446 000	3 547 000	5 814 000
Cost of Goods Sold	2 740 000	4 376 000	1 571 000	2 886 000
Salary Costs	2 057 000	2 201 000	1 314 000	1 746 000
Depreciation	8 000	5 000	0	135 000
Impairment	0	0	0	0
Expenditure	5 086 000	6 871 000	3 119 000	5 121 000
Operating Profit	1 552 000	1 575 000	427 000	693 000
Financial Income	20 000	3 000	4 000	5 000
Financial Costs	1 000	0	0	0
Financial Balance	19 000	3 000	4 000	5 000
Dividends	500 000	250 000	0	350 000
Net Income	1 226 000	1 230 000	336 000	544 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	12 000	14 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	34 000	0	0
Total Tangible Assets	26 000	34 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	37 000	47 000	14 000	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 980 000	2 965 000	1 564 000	1 972 000
Total Current Assets	5 054 000	4 399 000	2 082 000	2 568 000
Total Assets	5 091 000	4 445 000	2 096 000	2 588 000
Total Equity	3 204 000	2 479 000	1 498 000	1 162 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	218 000	765 000	51 000	317 000
Unpaid Taxes	598 000	364 000	340 000	428 000
Dividends	500 000	250 000	0	350 000
Other Current Debt	727 000	492 000	117 000	522 000
Total Current Debt	1 887 000	1 967 000	597 000	1 426 000
Total Equity and Debt	5 091 000	4 445 000	2 096 000	2 588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,26 %	49,62 %	22,43 %	46,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,38 %	18,65 %	12,04 %	11,92 %
Current Ratio	2,68	2,24	3,49	1,8
Quick Ratio	2,68	2,24	3,49	1,8
Equity Ratio	0,63	0,56	0,71	0,45
Gross Profit Margin	58,73 %	48,19 %	55,71 %	50,36 %