PARTSREDERIET SØRENSEN DA

7944 INDRE NÆRØY

Finances

Share Ownership

Return on Equity

−43,24 %

Current Ratio

11,03

Debt-to-Equity Ratio

4,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 583 000	1 156 000	1 735 000	1 874 000
Net Income	−368 000	−393 000	147 000	0
Total Assets	4 708 000	5 360 000	6 296 000	6 345 000
Total Equity	851 000	1 219 000	1 611 000	1 464 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 583 000	1 156 000	1 735 000	1 874 000
Expenditure	1 768 000	1 342 000	1 394 000	1 655 000
Operating Profit	−184 000	−187 000	340 000	219 000
Financial Income	0	0	1 000	1 000
Financial Costs	184 000	206 000	194 000	220 000
Financial Balance	−184 000	−206 000	−193 000	−219 000
Earnings Before Tax	−368 000	−393 000	147 000	0
Tax	0	0	0	0
Net Income	−368 000	−393 000	147 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 715 000	4 044 000	4 401 000	4 818 000
Total Current Assets	993 000	1 315 000	1 895 000	1 527 000
Total Assets	4 708 000	5 360 000	6 296 000	6 345 000
Total Retained Equity	−67 000	286 000	473 000	464 000
Total Equity	851 000	1 219 000	1 611 000	1 464 000
Total Long-Term Debt	3 768 000	4 098 000	4 428 000	4 730 000
Total Current Debt	90 000	49 000	257 000	151 000
Total Equity and Debt	4 708 000	5 365 000	6 296 000	6 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 504 000	1 020 000	1 580 000	1 740 000
Other Income	79 000	136 000	155 000	134 000
Revenue	1 583 000	1 156 000	1 735 000	1 874 000
Cost of Goods Sold	162 000	57 000	115 000	199 000
Salary Costs	417 000	314 000	269 000	155 000
Depreciation	360 000	404 000	473 000	533 000
Impairment	0	0	0	0
Expenditure	1 768 000	1 342 000	1 394 000	1 655 000
Operating Profit	−184 000	−187 000	340 000	219 000
Financial Income	0	0	1 000	1 000
Financial Costs	184 000	206 000	194 000	220 000
Financial Balance	−184 000	−206 000	−193 000	−219 000
Dividends	0	0	0	0
Net Income	−368 000	−393 000	147 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 528 000	2 658 000	2 683 000	2 804 000
Machinery and Plant Facilities	71 000	89 000	112 000	139 000
Fixtures	348 000	402 000	502 000	595 000
Total Tangible Assets	3 715 000	4 044 000	4 341 000	4 758 000
Total Fiancial Fixed Assets	0	0	60 000	60 000
Total Fixed Assets	3 715 000	4 044 000	4 401 000	4 818 000
Stock	14 000	14 000	13 000	22 000
Total Investments	3 000	3 000	3 000	3 000
Cash, Bank	857 000	1 178 000	1 767 000	1 381 000
Total Current Assets	993 000	1 315 000	1 895 000	1 527 000
Total Assets	4 708 000	5 360 000	6 296 000	6 345 000
Total Equity	851 000	1 219 000	1 611 000	1 464 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 768 000	4 098 000	4 428 000	4 730 000
Creditors	3 000	17 000	−6 000	4 000
Unpaid Taxes	25 000	1 000	131 000	0
Dividends	0	0	0	0
Other Current Debt	62 000	31 000	132 000	147 000
Total Current Debt	90 000	49 000	257 000	151 000
Total Equity and Debt	4 708 000	5 365 000	6 296 000	6 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,24 %	−32,24 %	9,12 %	0 %
Debt-to-Equity Ratio	4,43	3,36	2,75	3,23
Operating Profit Margin	−11,62 %	−16,18 %	19,6 %	11,69 %
Current Ratio	11,03	26,84	7,37	10,11
Quick Ratio	13,07	37,57	7,77	11,84
Equity Ratio	0,18	0,23	0,26	0,23
Gross Profit Margin	89,77 %	95,07 %	93,37 %	89,38 %