SØRBØ TRELAST AS

4017 STAVANGER

Finances

Share Ownership

Return on Equity

0,46 %

Current Ratio

N/A

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 000	8 268 000	41 347 000	139 392 000
Net Income	36 000	−2 576 000	−2 302 000	1 793 000
Total Assets	8 309 000	8 591 000	40 971 000	79 854 000
Total Equity	7 809 000	7 773 000	24 349 000	39 151 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 000	8 268 000	41 347 000	139 392 000
Expenditure	252 000	10 667 000	44 771 000	140 421 000
Operating Profit	−134 000	−2 399 000	−3 426 000	−1 029 000
Financial Income	170 000	174 000	479 000	2 804 000
Financial Costs	0	0	6 000	20 000
Financial Balance	170 000	174 000	473 000	2 784 000
Earnings Before Tax	36 000	−2 225 000	−2 953 000	1 755 000
Tax	0	351 000	−651 000	−38 000
Net Income	36 000	−2 576 000	−2 302 000	1 793 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	351 000	678 000
Total Current Assets	8 309 000	8 591 000	40 620 000	79 176 000
Total Assets	8 309 000	8 591 000	40 971 000	79 854 000
Total Retained Equity	36 000	0	8 989 000	23 791 000
Total Equity	7 809 000	7 773 000	24 349 000	39 151 000
Total Long-Term Debt	500 000	600 000	600 000	192 000
Total Current Debt	0	218 000	16 022 000	40 511 000
Total Equity and Debt	8 309 000	8 591 000	40 971 000	79 854 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	118 000	8 268 000	41 140 000	138 252 000
Other Income	0	0	207 000	1 140 000
Revenue	118 000	8 268 000	41 347 000	139 392 000
Cost of Goods Sold	0	9 055 000	45 109 000	130 462 000
Salary Costs	0	776 000	191 000	3 290 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	252 000	10 667 000	44 771 000	140 421 000
Operating Profit	−134 000	−2 399 000	−3 426 000	−1 029 000
Financial Income	170 000	174 000	479 000	2 804 000
Financial Costs	0	0	6 000	20 000
Financial Balance	170 000	174 000	473 000	2 784 000
Dividends	0	14 000 000	12 500 000	30 000 000
Net Income	36 000	−2 576 000	−2 302 000	1 793 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	351 000	678 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	351 000	678 000
Stock	0	0	34 000	32 051 000
Total Investments	0	0	0	0
Cash, Bank	7 657 000	8 591 000	35 313 000	44 769 000
Total Current Assets	8 309 000	8 591 000	40 620 000	79 176 000
Total Assets	8 309 000	8 591 000	40 971 000	79 854 000
Total Equity	7 809 000	7 773 000	24 349 000	39 151 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	500 000	600 000	600 000	192 000
Creditors	0	0	0	5 584 000
Unpaid Taxes	0	0	4 000	0
Dividends	0	14 000 000	12 500 000	30 000 000
Other Current Debt	0	218 000	3 518 000	4 511 000
Total Current Debt	0	218 000	16 022 000	40 511 000
Total Equity and Debt	8 309 000	8 591 000	40 971 000	79 854 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,46 %	−33,14 %	−9,45 %	4,58 %
Debt-to-Equity Ratio	0,06	0,08	0,02	0
Operating Profit Margin	−113,56 %	−29,02 %	−8,29 %	−0,74 %
Current Ratio	-	39,41	2,54	1,95
Quick Ratio	-	39,41	2,54	9,36
Equity Ratio	0,94	0,9	0,59	0,49
Gross Profit Margin	100 %	−9,52 %	−9,1 %	6,41 %