SØRSKOG VVS AS

5145 FYLLINGSDALEN

Finances

Return on Equity

95,88 %

Current Ratio

0,99

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 346 000	1 718 000	1 292 000	2 004 000
Net Income	93 000	20 000	−117 000	82 000
Total Assets	421 000	200 000	246 000	523 000
Total Equity	97 000	4 000	−16 000	101 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 346 000	1 718 000	1 292 000	2 004 000
Expenditure	2 235 000	1 706 000	1 397 000	1 900 000
Operating Profit	111 000	13 000	−104 000	104 000
Financial Income	0	0	1 000	0
Financial Costs	10 000	9 000	15 000	5 000
Financial Balance	−10 000	−9 000	−14 000	−5 000
Earnings Before Tax	101 000	4 000	−118 000	99 000
Tax	8 000	−16 000	−2 000	18 000
Net Income	93 000	20 000	−117 000	82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	104 000	128 000	160 000	201 000
Total Current Assets	318 000	73 000	86 000	322 000
Total Assets	421 000	200 000	246 000	523 000
Total Retained Equity	67 000	−26 000	−46 000	71 000
Total Equity	97 000	4 000	−16 000	101 000
Total Long-Term Debt	2 000	27 000	58 000	84 000
Total Current Debt	322 000	169 000	204 000	338 000
Total Equity and Debt	421 000	200 000	246 000	523 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 346 000	1 718 000	1 292 000	2 004 000
Other Income	0	0	0	0
Revenue	2 346 000	1 718 000	1 292 000	2 004 000
Cost of Goods Sold	781 000	629 000	327 000	596 000
Salary Costs	1 129 000	771 000	770 000	1 024 000
Depreciation	24 000	32 000	42 000	57 000
Impairment	0	0	0	0
Expenditure	2 235 000	1 706 000	1 397 000	1 900 000
Operating Profit	111 000	13 000	−104 000	104 000
Financial Income	0	0	1 000	0
Financial Costs	10 000	9 000	15 000	5 000
Financial Balance	−10 000	−9 000	−14 000	−5 000
Dividends	0	0	0	0
Net Income	93 000	20 000	−117 000	82 000

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	84 000	108 000	140 000	181 000
Total Tangible Assets	84 000	108 000	140 000	181 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	104 000	128 000	160 000	201 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	123 000	57 000	10 000	65 000
Total Current Assets	318 000	73 000	86 000	322 000
Total Assets	421 000	200 000	246 000	523 000
Total Equity	97 000	4 000	−16 000	101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	27 000	58 000	84 000
Creditors	60 000	21 000	40 000	80 000
Unpaid Taxes	154 000	73 000	59 000	143 000
Dividends	0	0	0	0
Other Current Debt	103 000	75 000	73 000	98 000
Total Current Debt	322 000	169 000	204 000	338 000
Total Equity and Debt	421 000	200 000	246 000	523 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,88 %	500 %	731,25 %	81,19 %
Debt-to-Equity Ratio	0,02	6,75	−3,63	0,83
Operating Profit Margin	4,73 %	0,76 %	−8,05 %	5,19 %
Current Ratio	0,99	0,43	0,42	0,95
Quick Ratio	0,99	0,43	0,42	0,95
Equity Ratio	0,23	0,02	−0,07	0,19
Gross Profit Margin	66,71 %	63,39 %	74,69 %	70,26 %