SØR & SØR AS

3716 SKIEN

Finances

Return on Equity

46,98 %

Current Ratio

2,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 562 000	2 477 000	2 485 000	2 158 000
Net Income	583 000	377 000	79 000	221 000
Total Assets	2 349 000	1 609 000	1 430 000	1 206 000
Total Equity	1 241 000	657 000	280 000	201 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 562 000	2 477 000	2 485 000	2 158 000
Expenditure	2 801 000	1 982 000	2 364 000	1 859 000
Operating Profit	761 000	495 000	121 000	300 000
Financial Income	0	0	0	0
Financial Costs	13 000	12 000	20 000	16 000
Financial Balance	−13 000	−12 000	−20 000	−16 000
Earnings Before Tax	748 000	483 000	101 000	284 000
Tax	165 000	106 000	22 000	62 000
Net Income	583 000	377 000	79 000	221 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	78 000	238 000	350 000	378 000
Total Current Assets	2 271 000	1 371 000	1 080 000	828 000
Total Assets	2 349 000	1 609 000	1 430 000	1 206 000
Total Retained Equity	541 000	−43 000	−420 000	−499 000
Total Equity	1 241 000	657 000	280 000	201 000
Total Long-Term Debt	0	0	500 000	500 000
Total Current Debt	1 108 000	951 000	650 000	506 000
Total Equity and Debt	2 349 000	1 609 000	1 430 000	1 206 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 496 000	2 411 000	2 419 000	2 092 000
Other Income	66 000	66 000	66 000	66 000
Revenue	3 562 000	2 477 000	2 485 000	2 158 000
Cost of Goods Sold	916 000	534 000	919 000	333 000
Salary Costs	1 325 000	1 003 000	1 031 000	1 039 000
Depreciation	6 000	6 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	2 801 000	1 982 000	2 364 000	1 859 000
Operating Profit	761 000	495 000	121 000	300 000
Financial Income	0	0	0	0
Financial Costs	13 000	12 000	20 000	16 000
Financial Balance	−13 000	−12 000	−20 000	−16 000
Dividends	0	0	0	0
Net Income	583 000	377 000	79 000	221 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 000	181 000	288 000	310 000
Real Eastate	29 000	29 000	29 000	29 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	7 000	13 000	19 000
Total Tangible Assets	30 000	36 000	42 000	48 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	78 000	238 000	350 000	378 000
Stock	1 302 000	862 000	592 000	669 000
Total Investments	0	0	0	0
Cash, Bank	560 000	47 000	164 000	8 000
Total Current Assets	2 271 000	1 371 000	1 080 000	828 000
Total Assets	2 349 000	1 609 000	1 430 000	1 206 000
Total Equity	1 241 000	657 000	280 000	201 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	500 000	500 000
Creditors	220 000	92 000	295 000	41 000
Unpaid Taxes	210 000	193 000	173 000	204 000
Dividends	0	0	0	0
Other Current Debt	667 000	649 000	182 000	170 000
Total Current Debt	1 108 000	951 000	650 000	506 000
Total Equity and Debt	2 349 000	1 609 000	1 430 000	1 206 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,98 %	57,38 %	28,21 %	109,95 %
Debt-to-Equity Ratio	0	0	1,79	2,49
Operating Profit Margin	21,36 %	19,98 %	4,87 %	13,9 %
Current Ratio	2,05	1,44	1,66	1,64
Quick Ratio	−11,71	15,4	18,62	−5,08
Equity Ratio	0,53	0,41	0,2	0,17
Gross Profit Margin	74,28 %	78,44 %	63,02 %	84,57 %