SØRUM VVS AS

2004 LILLESTRØM

Finances

Return on Equity

95,87 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 955 000	5 469 000	3 899 000	4 852 000
Net Income	1 044 000	621 000	248 000	325 000
Total Assets	2 643 000	1 572 000	1 135 000	1 003 000
Total Equity	1 089 000	644 000	424 000	375 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 955 000	5 469 000	3 899 000	4 852 000
Expenditure	6 624 000	4 673 000	3 582 000	4 433 000
Operating Profit	1 332 000	797 000	317 000	418 000
Financial Income	7 000	0	3 000	1 000
Financial Costs	0	0	1 000	1 000
Financial Balance	7 000	0	2 000	0
Earnings Before Tax	1 339 000	797 000	319 000	419 000
Tax	295 000	176 000	71 000	93 000
Net Income	1 044 000	621 000	248 000	325 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	229 000	109 000	92 000	31 000
Total Current Assets	2 414 000	1 463 000	1 042 000	972 000
Total Assets	2 643 000	1 572 000	1 135 000	1 003 000
Total Retained Equity	1 059 000	614 000	394 000	345 000
Total Equity	1 089 000	644 000	424 000	375 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 554 000	928 000	711 000	627 000
Total Equity and Debt	2 643 000	1 572 000	1 135 000	1 003 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 955 000	5 489 000	3 879 000	4 852 000
Other Income	0	−19 000	19 000	0
Revenue	7 955 000	5 469 000	3 899 000	4 852 000
Cost of Goods Sold	4 185 000	2 813 000	1 791 000	2 819 000
Salary Costs	1 456 000	1 143 000	1 011 000	918 000
Depreciation	63 000	26 000	14 000	0
Impairment	0	0	0	0
Expenditure	6 624 000	4 673 000	3 582 000	4 433 000
Operating Profit	1 332 000	797 000	317 000	418 000
Financial Income	7 000	0	3 000	1 000
Financial Costs	0	0	1 000	1 000
Financial Balance	7 000	0	2 000	0
Dividends	600 000	0	200 000	300 000
Net Income	1 044 000	621 000	248 000	325 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	25 000	45 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	183 000	64 000	27 000	0
Total Tangible Assets	183 000	64 000	27 000	0
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	229 000	109 000	92 000	31 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	985 000	598 000	587 000	380 000
Total Current Assets	2 414 000	1 463 000	1 042 000	972 000
Total Assets	2 643 000	1 572 000	1 135 000	1 003 000
Total Equity	1 089 000	644 000	424 000	375 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	67 000	444 000	126 000	−76 000
Unpaid Taxes	456 000	228 000	244 000	153 000
Dividends	600 000	0	200 000	300 000
Other Current Debt	135 000	101 000	36 000	146 000
Total Current Debt	1 554 000	928 000	711 000	627 000
Total Equity and Debt	2 643 000	1 572 000	1 135 000	1 003 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,87 %	96,43 %	58,49 %	86,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,74 %	14,57 %	8,13 %	8,62 %
Current Ratio	1,55	1,58	1,47	1,55
Quick Ratio	1,55	1,58	1,47	1,55
Equity Ratio	0,41	0,41	0,37	0,37
Gross Profit Margin	47,39 %	48,56 %	54,07 %	41,9 %