SØRLANDET BIL AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

16,02 %

Current Ratio

10,24

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 602 000	90 170 000	82 605 000	62 880 000
Net Income	1 394 000	3 109 000	2 889 000	1 560 000
Total Assets	13 773 000	14 785 000	12 913 000	8 090 000
Total Equity	8 702 000	7 309 000	6 599 000	4 910 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 602 000	90 170 000	82 605 000	62 880 000
Expenditure	94 683 000	86 078 000	78 885 000	60 861 000
Operating Profit	1 919 000	4 092 000	3 720 000	2 019 000
Financial Income	0	2 000	1 000	2 000
Financial Costs	133 000	107 000	18 000	17 000
Financial Balance	−133 000	−105 000	−17 000	−15 000
Earnings Before Tax	1 787 000	3 986 000	3 704 000	2 004 000
Tax	393 000	877 000	815 000	443 000
Net Income	1 394 000	3 109 000	2 889 000	1 560 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	157 000	101 000	101 000	101 000
Total Current Assets	13 616 000	14 684 000	12 812 000	7 989 000
Total Assets	13 773 000	14 785 000	12 913 000	8 090 000
Total Retained Equity	8 672 000	7 279 000	6 569 000	4 880 000
Total Equity	8 702 000	7 309 000	6 599 000	4 910 000
Total Long-Term Debt	3 741 000	4 437 000	0	0
Total Current Debt	1 330 000	3 039 000	6 314 000	3 180 000
Total Equity and Debt	13 773 000	14 785 000	12 913 000	8 090 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	95 076 000	88 679 000	81 178 000	61 708 000
Other Income	1 526 000	1 491 000	1 427 000	1 171 000
Revenue	96 602 000	90 170 000	82 605 000	62 880 000
Cost of Goods Sold	89 587 000	82 540 000	73 991 000	57 901 000
Salary Costs	3 514 000	2 256 000	2 595 000	1 125 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	94 683 000	86 078 000	78 885 000	60 861 000
Operating Profit	1 919 000	4 092 000	3 720 000	2 019 000
Financial Income	0	2 000	1 000	2 000
Financial Costs	133 000	107 000	18 000	17 000
Financial Balance	−133 000	−105 000	−17 000	−15 000
Dividends	0	2 400 000	1 200 000	0
Net Income	1 394 000	3 109 000	2 889 000	1 560 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	157 000	101 000	101 000	101 000
Total Fixed Assets	157 000	101 000	101 000	101 000
Stock	10 840 000	13 279 000	11 623 000	6 622 000
Total Investments	0	0	0	0
Cash, Bank	511 000	197 000	425 000	457 000
Total Current Assets	13 616 000	14 684 000	12 812 000	7 989 000
Total Assets	13 773 000	14 785 000	12 913 000	8 090 000
Total Equity	8 702 000	7 309 000	6 599 000	4 910 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 741 000	4 437 000	0	0
Creditors	364 000	600 000	215 000	783 000
Unpaid Taxes	298 000	159 000	162 000	74 000
Dividends	0	2 400 000	1 200 000	0
Other Current Debt	275 000	204 000	3 588 000	1 881 000
Total Current Debt	1 330 000	3 039 000	6 314 000	3 180 000
Total Equity and Debt	13 773 000	14 785 000	12 913 000	8 090 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,02 %	42,54 %	43,78 %	31,77 %
Debt-to-Equity Ratio	0,43	0,61	0	0
Operating Profit Margin	1,99 %	4,54 %	4,5 %	3,21 %
Current Ratio	10,24	4,83	2,03	2,51
Quick Ratio	−1,43	−1,43	−2,41	−2,32
Equity Ratio	0,63	0,49	0,51	0,61
Gross Profit Margin	7,26 %	8,46 %	10,43 %	7,92 %