A/S SØRENSEN OG BALCHEN

1252 OSLO

Finances

Return on Equity

39,84 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	521 622 000	577 350 000	529 713 000	469 157 000
Net Income	120 407 000	134 479 000	124 099 000	92 469 000
Total Assets	532 680 000	554 715 000	513 285 000	471 725 000
Total Equity	302 205 000	300 300 000	303 459 000	294 787 000

Income (NOK)	2022	2021	2020	2019
Revenue	521 622 000	577 350 000	529 713 000	469 157 000
Expenditure	387 509 000	436 570 000	403 481 000	363 347 000
Operating Profit	134 113 000	140 779 000	126 232 000	105 809 000
Financial Income	19 781 000	30 336 000	31 797 000	12 267 000
Financial Costs	156 000	109 000	104 000	50 000
Financial Balance	19 625 000	30 227 000	31 693 000	12 217 000
Earnings Before Tax	153 738 000	171 006 000	157 926 000	118 026 000
Tax	33 331 000	36 527 000	33 827 000	25 557 000
Net Income	120 407 000	134 479 000	124 099 000	92 469 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	243 787 000	160 756 000	158 775 000	170 889 000
Total Current Assets	288 893 000	393 959 000	354 511 000	300 836 000
Total Assets	532 680 000	554 715 000	513 285 000	471 725 000
Total Retained Equity	226 285 000	224 380 000	227 539 000	218 867 000
Total Equity	302 205 000	300 300 000	303 459 000	294 787 000
Total Long-Term Debt	0	0	0	3 944 000
Total Current Debt	230 474 000	254 415 000	209 826 000	172 994 000
Total Equity and Debt	532 680 000	554 715 000	513 285 000	471 725 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	490 350 000	543 742 000	499 435 000	437 445 000
Other Income	31 272 000	33 608 000	30 278 000	31 712 000
Revenue	521 622 000	577 350 000	529 713 000	469 157 000
Cost of Goods Sold	253 791 000	299 904 000	281 772 000	245 803 000
Salary Costs	54 673 000	58 174 000	52 351 000	51 081 000
Depreciation	1 228 000	1 442 000	1 071 000	1 098 000
Impairment	0	0	0	0
Expenditure	387 509 000	436 570 000	403 481 000	363 347 000
Operating Profit	134 113 000	140 779 000	126 232 000	105 809 000
Financial Income	19 781 000	30 336 000	31 797 000	12 267 000
Financial Costs	156 000	109 000	104 000	50 000
Financial Balance	19 625 000	30 227 000	31 693 000	12 217 000
Dividends	120 000 000	135 000 000	120 000 000	90 000 000
Net Income	120 407 000	134 479 000	124 099 000	92 469 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 410 000	2 931 000	2 946 000	5 425 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 044 000	3 222 000	3 438 000	2 195 000
Total Tangible Assets	4 044 000	3 222 000	3 438 000	2 195 000
Total Fiancial Fixed Assets	237 334 000	154 603 000	152 391 000	163 269 000
Total Fixed Assets	243 787 000	160 756 000	158 775 000	170 889 000
Stock	122 454 000	138 310 000	103 475 000	103 839 000
Total Investments	0	0	0	0
Cash, Bank	2 852 000	2 855 000	2 726 000	2 714 000
Total Current Assets	288 893 000	393 959 000	354 511 000	300 836 000
Total Assets	532 680 000	554 715 000	513 285 000	471 725 000
Total Equity	302 205 000	300 300 000	303 459 000	294 787 000
Short-Term Group Debt	15 575 000	2 820 000	573 000	12 727 000
Total Long-Term Debt	0	0	0	3 944 000
Creditors	41 397 000	53 050 000	28 238 000	25 941 000
Unpaid Taxes	13 388 000	14 361 000	14 894 000	12 651 000
Dividends	120 000 000	135 000 000	120 000 000	90 000 000
Other Current Debt	10 326 000	13 885 000	13 443 000	9 451 000
Total Current Debt	230 474 000	254 415 000	209 826 000	172 994 000
Total Equity and Debt	532 680 000	554 715 000	513 285 000	471 725 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,84 %	44,78 %	40,89 %	31,37 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	25,71 %	24,38 %	23,83 %	22,55 %
Current Ratio	1,25	1,55	1,69	1,74
Quick Ratio	2,67	3,39	3,33	4,35
Equity Ratio	0,57	0,54	0,59	0,62
Gross Profit Margin	51,35 %	48,06 %	46,81 %	47,61 %