SØRENSEN BYGG AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

−20 %

Current Ratio

0,8

Debt-to-Equity Ratio

8,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 194 000	2 992 000	2 695 000	3 355 000
Net Income	−6 000	459 000	147 000	320 000
Total Assets	723 000	1 329 000	1 483 000	1 399 000
Total Equity	30 000	97 000	53 000	168 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 194 000	2 992 000	2 695 000	3 355 000
Expenditure	2 153 000	2 367 000	2 462 000	2 949 000
Operating Profit	41 000	626 000	233 000	405 000
Financial Income	0	0	0	0
Financial Costs	22 000	37 000	44 000	45 000
Financial Balance	−22 000	−37 000	−44 000	−45 000
Earnings Before Tax	20 000	589 000	189 000	360 000
Tax	25 000	130 000	42 000	40 000
Net Income	−6 000	459 000	147 000	320 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	380 000	694 000	722 000	649 000
Total Current Assets	343 000	635 000	761 000	750 000
Total Assets	723 000	1 329 000	1 483 000	1 399 000
Total Retained Equity	0	67 000	23 000	138 000
Total Equity	30 000	97 000	53 000	168 000
Total Long-Term Debt	264 000	336 000	617 000	687 000
Total Current Debt	429 000	896 000	813 000	544 000
Total Equity and Debt	723 000	1 329 000	1 483 000	1 399 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 194 000	2 992 000	2 570 000	3 236 000
Other Income	0	0	125 000	119 000
Revenue	2 194 000	2 992 000	2 695 000	3 355 000
Cost of Goods Sold	−2 000	2 000	45 000	18 000
Salary Costs	1 515 000	1 837 000	1 744 000	2 166 000
Depreciation	206 000	233 000	179 000	199 000
Impairment	0	0	0	0
Expenditure	2 153 000	2 367 000	2 462 000	2 949 000
Operating Profit	41 000	626 000	233 000	405 000
Financial Income	0	0	0	0
Financial Costs	22 000	37 000	44 000	45 000
Financial Balance	−22 000	−37 000	−44 000	−45 000
Dividends	61 000	415 000	250 000	0
Net Income	−6 000	459 000	147 000	320 000

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	137 000	187 000	251 000	0
Fixtures	131 000	363 000	471 000	649 000
Total Tangible Assets	268 000	550 000	722 000	649 000
Total Fiancial Fixed Assets	112 000	144 000	0	0
Total Fixed Assets	380 000	694 000	722 000	649 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	89 000	83 000	198 000	217 000
Total Current Assets	343 000	635 000	761 000	750 000
Total Assets	723 000	1 329 000	1 483 000	1 399 000
Total Equity	30 000	97 000	53 000	168 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	264 000	336 000	617 000	687 000
Creditors	35 000	31 000	275 000	26 000
Unpaid Taxes	152 000	166 000	94 000	278 000
Dividends	61 000	415 000	250 000	0
Other Current Debt	150 000	137 000	175 000	201 000
Total Current Debt	429 000	896 000	813 000	544 000
Total Equity and Debt	723 000	1 329 000	1 483 000	1 399 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20 %	473,2 %	277,36 %	190,48 %
Debt-to-Equity Ratio	8,8	3,46	11,64	4,09
Operating Profit Margin	1,87 %	20,92 %	8,65 %	12,07 %
Current Ratio	0,8	0,71	0,94	1,38
Quick Ratio	0,8	0,71	0,94	1,38
Equity Ratio	0,04	0,07	0,04	0,12
Gross Profit Margin	100,09 %	99,93 %	98,33 %	99,46 %