N B SØRENSEN AS

4009 STAVANGER

Finances

Share Ownership

Return on Equity

29,66 %

Current Ratio

0,61

Debt-to-Equity Ratio

0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 620 000	1 334 000	1 560 000	1 576 000
Net Income	1 082 000	812 000	897 000	913 000
Total Assets	10 309 000	9 333 000	9 117 000	9 629 000
Total Equity	3 648 000	3 183 000	3 180 000	2 376 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 620 000	1 334 000	1 560 000	1 576 000
Expenditure	237 000	300 000	397 000	314 000
Operating Profit	1 384 000	1 034 000	1 163 000	1 262 000
Financial Income	239 000	185 000	195 000	193 000
Financial Costs	236 000	179 000	207 000	284 000
Financial Balance	3 000	6 000	−12 000	−91 000
Earnings Before Tax	1 387 000	1 041 000	1 150 000	1 171 000
Tax	305 000	229 000	253 000	257 000
Net Income	1 082 000	812 000	897 000	913 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 299 000	8 823 000	8 951 000	9 629 000
Total Current Assets	2 010 000	510 000	166 000	0
Total Assets	10 309 000	9 333 000	9 117 000	9 629 000
Total Retained Equity	3 298 000	2 833 000	2 830 000	2 026 000
Total Equity	3 648 000	3 183 000	3 180 000	2 376 000
Total Long-Term Debt	3 366 000	3 591 000	3 741 000	3 955 000
Total Current Debt	3 294 000	2 559 000	2 197 000	3 298 000
Total Equity and Debt	10 309 000	9 333 000	9 117 000	9 629 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	6 000	0	0
Other Income	1 620 000	1 328 000	1 560 000	1 576 000
Revenue	1 620 000	1 334 000	1 560 000	1 576 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	143 000	181 000	189 000	180 000
Impairment	0	0	0	0
Expenditure	237 000	300 000	397 000	314 000
Operating Profit	1 384 000	1 034 000	1 163 000	1 262 000
Financial Income	239 000	185 000	195 000	193 000
Financial Costs	236 000	179 000	207 000	284 000
Financial Balance	3 000	6 000	−12 000	−91 000
Dividends	0	700 000	0	500 000
Net Income	1 082 000	812 000	897 000	913 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	78 000	60 000	35 000	3 000
Real Eastate	1 136 000	1 292 000	1 436 000	1 581 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	107 000	140 000	212 000	236 000
Total Tangible Assets	1 243 000	1 433 000	1 649 000	1 817 000
Total Fiancial Fixed Assets	6 977 000	7 330 000	7 267 000	7 809 000
Total Fixed Assets	8 299 000	8 823 000	8 951 000	9 629 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	2 010 000	510 000	166 000	0
Total Assets	10 309 000	9 333 000	9 117 000	9 629 000
Total Equity	3 648 000	3 183 000	3 180 000	2 376 000
Short-Term Group Debt	1 113 000	401 000	381 000	558 000
Total Long-Term Debt	3 366 000	3 591 000	3 741 000	3 955 000
Creditors	2 000	3 000	2 000	0
Unpaid Taxes	19 000	0	26 000	29 000
Dividends	0	700 000	0	500 000
Other Current Debt	0	81 000	79 000	33 000
Total Current Debt	3 294 000	2 559 000	2 197 000	3 298 000
Total Equity and Debt	10 309 000	9 333 000	9 117 000	9 629 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,66 %	25,51 %	28,21 %	38,43 %
Debt-to-Equity Ratio	0,92	1,13	1,18	1,66
Operating Profit Margin	85,43 %	77,51 %	74,55 %	80,08 %
Current Ratio	0,61	0,2	0,08	0
Quick Ratio	0,61	0,2	0,08	0
Equity Ratio	0,35	0,34	0,35	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %