LEONH L SØRRA & CO AS

8800 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

14,72 %

Current Ratio

3,53

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 208 000	1 245 000	1 223 000	1 153 000
Net Income	243 000	256 000	216 000	220 000
Total Assets	2 249 000	2 392 000	2 233 000	2 040 000
Total Equity	1 651 000	1 541 000	1 417 000	1 201 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 208 000	1 245 000	1 223 000	1 153 000
Expenditure	893 000	903 000	931 000	867 000
Operating Profit	315 000	342 000	291 000	286 000
Financial Income	3 000	0	0	5 000
Financial Costs	5 000	4 000	9 000	9 000
Financial Balance	−2 000	−4 000	−9 000	−4 000
Earnings Before Tax	313 000	338 000	282 000	282 000
Tax	70 000	82 000	66 000	62 000
Net Income	243 000	256 000	216 000	220 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	975 000	1 066 000	1 157 000	928 000
Total Current Assets	1 275 000	1 326 000	1 076 000	1 112 000
Total Assets	2 249 000	2 392 000	2 233 000	2 040 000
Total Retained Equity	1 607 000	1 497 000	1 373 000	1 157 000
Total Equity	1 651 000	1 541 000	1 417 000	1 201 000
Total Long-Term Debt	237 000	462 000	555 000	645 000
Total Current Debt	361 000	389 000	261 000	194 000
Total Equity and Debt	2 249 000	2 392 000	2 233 000	2 040 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 208 000	1 245 000	1 223 000	1 153 000
Revenue	1 208 000	1 245 000	1 223 000	1 153 000
Cost of Goods Sold	0	0	0	0
Salary Costs	193 000	185 000	203 000	166 000
Depreciation	91 000	91 000	91 000	59 000
Impairment	0	0	0	0
Expenditure	893 000	903 000	931 000	867 000
Operating Profit	315 000	342 000	291 000	286 000
Financial Income	3 000	0	0	5 000
Financial Costs	5 000	4 000	9 000	9 000
Financial Balance	−2 000	−4 000	−9 000	−4 000
Dividends	132 000	88 000	0	44 000
Net Income	243 000	256 000	216 000	220 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	975 000	1 066 000	1 157 000	928 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	975 000	1 066 000	1 157 000	928 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	975 000	1 066 000	1 157 000	928 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 208 000	1 073 000	619 000	397 000
Total Current Assets	1 275 000	1 326 000	1 076 000	1 112 000
Total Assets	2 249 000	2 392 000	2 233 000	2 040 000
Total Equity	1 651 000	1 541 000	1 417 000	1 201 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	237 000	462 000	555 000	645 000
Creditors	87 000	24 000	43 000	11 000
Unpaid Taxes	42 000	23 000	11 000	−38 000
Dividends	132 000	88 000	0	44 000
Other Current Debt	44 000	157 000	125 000	108 000
Total Current Debt	361 000	389 000	261 000	194 000
Total Equity and Debt	2 249 000	2 392 000	2 233 000	2 040 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,72 %	16,61 %	15,24 %	18,32 %
Debt-to-Equity Ratio	0,14	0,3	0,39	0,54
Operating Profit Margin	26,08 %	27,47 %	23,79 %	24,8 %
Current Ratio	3,53	3,41	4,12	5,73
Quick Ratio	3,53	3,41	4,12	5,73
Equity Ratio	0,73	0,64	0,63	0,59
Gross Profit Margin	100 %	100 %	100 %	100 %