FOTOGRAF TORGEIR SØRENSEN AS

8416 SORTLAND

Finances

Share Ownership

Return on Equity

17,93 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 072 000	888 000	903 000	961 000
Net Income	26 000	−24 000	−4 000	65 000
Total Assets	280 000	240 000	270 000	281 000
Total Equity	145 000	119 000	143 000	146 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 072 000	888 000	903 000	961 000
Expenditure	1 046 000	912 000	906 000	897 000
Operating Profit	26 000	−24 000	−4 000	65 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	26 000	−24 000	−4 000	65 000
Tax	0	0	0	0
Net Income	26 000	−24 000	−4 000	65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	92 000	92 000	92 000	92 000
Total Current Assets	188 000	149 000	178 000	189 000
Total Assets	280 000	240 000	270 000	281 000
Total Retained Equity	115 000	89 000	113 000	116 000
Total Equity	145 000	119 000	143 000	146 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	135 000	121 000	127 000	135 000
Total Equity and Debt	280 000	240 000	270 000	281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 072 000	888 000	903 000	961 000
Other Income	0	0	0	0
Revenue	1 072 000	888 000	903 000	961 000
Cost of Goods Sold	52 000	2 000	1 000	0
Salary Costs	752 000	722 000	719 000	717 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 046 000	912 000	906 000	897 000
Operating Profit	26 000	−24 000	−4 000	65 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	26 000	−24 000	−4 000	65 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	33 000	33 000	33 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	59 000	59 000	59 000	59 000
Total Tangible Assets	59 000	59 000	59 000	59 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	92 000	92 000	92 000	92 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	145 000	94 000	104 000	154 000
Total Current Assets	188 000	149 000	178 000	189 000
Total Assets	280 000	240 000	270 000	281 000
Total Equity	145 000	119 000	143 000	146 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	0	0	0
Unpaid Taxes	52 000	57 000	62 000	68 000
Dividends	0	0	0	0
Other Current Debt	78 000	65 000	65 000	66 000
Total Current Debt	135 000	121 000	127 000	135 000
Total Equity and Debt	280 000	240 000	270 000	281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,93 %	−20,17 %	−2,8 %	44,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,43 %	−2,7 %	−0,44 %	6,76 %
Current Ratio	1,39	1,23	1,4	1,4
Quick Ratio	1,39	1,23	1,4	1,4
Equity Ratio	0,52	0,5	0,53	0,52
Gross Profit Margin	95,15 %	99,77 %	99,89 %	100 %