SØRENSEN TOBAKK AS

5043 BERGEN

Finances

Share Ownership

Return on Equity

93,44 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 906 000	51 225 000	44 810 000	32 956 000
Net Income	8 344 000	10 225 000	8 840 000	6 126 000
Total Assets	50 502 000	43 727 000	39 804 000	21 424 000
Total Equity	8 930 000	34 394 000	24 779 000	15 939 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 906 000	51 225 000	44 810 000	32 956 000
Expenditure	29 392 000	38 319 000	34 785 000	25 501 000
Operating Profit	10 515 000	12 906 000	10 025 000	7 455 000
Financial Income	222 000	1 459 000	1 044 000	375 000
Financial Costs	29 000	1 234 000	20 000	39 000
Financial Balance	193 000	225 000	1 024 000	336 000
Earnings Before Tax	10 708 000	13 131 000	11 049 000	7 791 000
Tax	2 364 000	2 905 000	2 209 000	1 665 000
Net Income	8 344 000	10 225 000	8 840 000	6 126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 453 000	1 811 000	1 990 000	1 858 000
Total Current Assets	49 048 000	41 916 000	37 814 000	19 566 000
Total Assets	50 502 000	43 727 000	39 804 000	21 424 000
Total Retained Equity	8 764 000	34 228 000	24 749 000	15 909 000
Total Equity	8 930 000	34 394 000	24 779 000	15 939 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	41 572 000	9 333 000	15 025 000	5 484 000
Total Equity and Debt	50 502 000	43 727 000	39 804 000	21 424 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 906 000	51 027 000	44 531 000	32 675 000
Other Income	0	198 000	279 000	281 000
Revenue	39 906 000	51 225 000	44 810 000	32 956 000
Cost of Goods Sold	27 105 000	32 488 000	28 790 000	19 690 000
Salary Costs	771 000	2 496 000	2 797 000	3 186 000
Depreciation	51 000	20 000	12 000	27 000
Impairment	0	0	0	0
Expenditure	29 392 000	38 319 000	34 785 000	25 501 000
Operating Profit	10 515 000	12 906 000	10 025 000	7 455 000
Financial Income	222 000	1 459 000	1 044 000	375 000
Financial Costs	29 000	1 234 000	20 000	39 000
Financial Balance	193 000	225 000	1 024 000	336 000
Dividends	33 808 000	0	0	0
Net Income	8 344 000	10 225 000	8 840 000	6 126 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	239 000	290 000	309 000	30 000
Total Tangible Assets	239 000	290 000	309 000	30 000
Total Fiancial Fixed Assets	1 214 000	1 521 000	1 681 000	1 825 000
Total Fixed Assets	1 453 000	1 811 000	1 990 000	1 858 000
Stock	1 204 000	1 911 000	5 490 000	1 220 000
Total Investments	0	0	12 226 000	7 764 000
Cash, Bank	8 287 000	11 040 000	14 702 000	7 618 000
Total Current Assets	49 048 000	41 916 000	37 814 000	19 566 000
Total Assets	50 502 000	43 727 000	39 804 000	21 424 000
Total Equity	8 930 000	34 394 000	24 779 000	15 939 000
Short-Term Group Debt	51 000	805 000	52 000	53 000
Total Long-Term Debt	0	0	0	0
Creditors	3 508 000	3 170 000	10 637 000	1 874 000
Unpaid Taxes	1 682 000	2 006 000	1 792 000	1 558 000
Dividends	33 808 000	0	0	0
Other Current Debt	159 000	446 000	334 000	346 000
Total Current Debt	41 572 000	9 333 000	15 025 000	5 484 000
Total Equity and Debt	50 502 000	43 727 000	39 804 000	21 424 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,44 %	29,73 %	35,68 %	38,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,35 %	25,19 %	22,37 %	22,62 %
Current Ratio	1,18	4,49	2,52	3,57
Quick Ratio	1,22	5,65	3,97	4,59
Equity Ratio	0,18	0,79	0,62	0,74
Gross Profit Margin	32,08 %	36,58 %	35,75 %	40,25 %