SØRENSEN EIENDOM AS

3611 KONGSBERG

Finances

Share Ownership

Return on Equity

18,04 %

Current Ratio

2,1

Debt-to-Equity Ratio

1,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 165 000	2 120 000	2 117 000	2 275 000
Net Income	762 000	710 000	356 000	679 000
Total Assets	12 044 000	12 056 000	12 653 000	13 017 000
Total Equity	4 223 000	3 460 000	2 750 000	2 394 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 165 000	2 120 000	2 117 000	2 275 000
Expenditure	991 000	1 100 000	1 528 000	1 230 000
Operating Profit	1 174 000	1 020 000	589 000	1 045 000
Financial Income	6 000	0	4 000	18 000
Financial Costs	202 000	109 000	137 000	192 000
Financial Balance	−196 000	−109 000	−133 000	−174 000
Earnings Before Tax	977 000	911 000	456 000	871 000
Tax	215 000	201 000	101 000	192 000
Net Income	762 000	710 000	356 000	679 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 373 000	11 613 000	11 861 000	12 139 000
Total Current Assets	671 000	443 000	792 000	878 000
Total Assets	12 044 000	12 056 000	12 653 000	13 017 000
Total Retained Equity	4 193 000	3 430 000	2 720 000	2 364 000
Total Equity	4 223 000	3 460 000	2 750 000	2 394 000
Total Long-Term Debt	7 503 000	8 293 000	9 694 000	10 309 000
Total Current Debt	319 000	303 000	209 000	314 000
Total Equity and Debt	12 044 000	12 056 000	12 653 000	13 017 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 938 000	1 893 000	1 880 000	1 885 000
Other Income	226 000	227 000	237 000	389 000
Revenue	2 165 000	2 120 000	2 117 000	2 275 000
Cost of Goods Sold	0	0	0	0
Salary Costs	23 000	174 000	296 000	299 000
Depreciation	263 000	266 000	266 000	306 000
Impairment	0	0	0	0
Expenditure	991 000	1 100 000	1 528 000	1 230 000
Operating Profit	1 174 000	1 020 000	589 000	1 045 000
Financial Income	6 000	0	4 000	18 000
Financial Costs	202 000	109 000	137 000	192 000
Financial Balance	−196 000	−109 000	−133 000	−174 000
Dividends	0	0	0	0
Net Income	762 000	710 000	356 000	679 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	134 000	110 000	89 000	70 000
Real Eastate	11 129 000	11 320 000	11 488 000	11 682 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	110 000	182 000	254 000	327 000
Total Tangible Assets	11 239 000	11 503 000	11 743 000	12 009 000
Total Fiancial Fixed Assets	0	0	30 000	60 000
Total Fixed Assets	11 373 000	11 613 000	11 861 000	12 139 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	629 000	427 000	771 000	834 000
Total Current Assets	671 000	443 000	792 000	878 000
Total Assets	12 044 000	12 056 000	12 653 000	13 017 000
Total Equity	4 223 000	3 460 000	2 750 000	2 394 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 503 000	8 293 000	9 694 000	10 309 000
Creditors	33 000	19 000	20 000	22 000
Unpaid Taxes	0	0	23 000	23 000
Dividends	0	0	0	0
Other Current Debt	47 000	61 000	47 000	79 000
Total Current Debt	319 000	303 000	209 000	314 000
Total Equity and Debt	12 044 000	12 056 000	12 653 000	13 017 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,04 %	20,52 %	12,95 %	28,36 %
Debt-to-Equity Ratio	1,78	2,4	3,53	4,31
Operating Profit Margin	54,23 %	48,11 %	27,82 %	45,93 %
Current Ratio	2,1	1,46	3,79	2,8
Quick Ratio	2,1	1,46	3,79	2,8
Equity Ratio	0,35	0,29	0,22	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %