SØDERMANN AS

6770 NORDFJORDEID

Finances

Return on Equity

6,4 %

Current Ratio

4,73

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 947 000	3 581 000	2 009 000	4 520 000
Net Income	211 000	267 000	550 000	958 000
Total Assets	4 258 000	3 711 000	3 320 000	4 565 000
Total Equity	3 298 000	3 184 000	2 824 000	2 421 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 947 000	3 581 000	2 009 000	4 520 000
Expenditure	2 747 000	3 361 000	1 556 000	3 516 000
Operating Profit	201 000	219 000	453 000	1 006 000
Financial Income	26 000	53 000	104 000	49 000
Financial Costs	16 000	5 000	7 000	96 000
Financial Balance	10 000	48 000	97 000	−47 000
Earnings Before Tax	211 000	267 000	550 000	958 000
Tax	0	0	0	0
Net Income	211 000	267 000	550 000	958 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 364 000	933 000	1 129 000	2 609 000
Total Current Assets	2 894 000	2 778 000	2 191 000	1 955 000
Total Assets	4 258 000	3 711 000	3 320 000	4 565 000
Total Retained Equity	976 000	862 000	595 000	190 000
Total Equity	3 298 000	3 184 000	2 824 000	2 421 000
Total Long-Term Debt	348 000	0	0	1 571 000
Total Current Debt	612 000	528 000	495 000	573 000
Total Equity and Debt	4 258 000	3 711 000	3 320 000	4 565 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 794 000	3 221 000	1 721 000	2 706 000
Other Income	153 000	360 000	287 000	1 814 000
Revenue	2 947 000	3 581 000	2 009 000	4 520 000
Cost of Goods Sold	157 000	417 000	16 000	25 000
Salary Costs	1 850 000	1 955 000	877 000	2 284 000
Depreciation	163 000	129 000	143 000	192 000
Impairment	0	0	0	0
Expenditure	2 747 000	3 361 000	1 556 000	3 516 000
Operating Profit	201 000	219 000	453 000	1 006 000
Financial Income	26 000	53 000	104 000	49 000
Financial Costs	16 000	5 000	7 000	96 000
Financial Balance	10 000	48 000	97 000	−47 000
Dividends	97 000	0	0	0
Net Income	211 000	267 000	550 000	958 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	70 000	90 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	518 000	80 000	184 000	351 000
Total Tangible Assets	518 000	80 000	184 000	351 000
Total Fiancial Fixed Assets	776 000	763 000	945 000	2 259 000
Total Fixed Assets	1 364 000	933 000	1 129 000	2 609 000
Stock	0	0	0	0
Total Investments	728 000	925 000	400 000	0
Cash, Bank	1 018 000	1 226 000	1 093 000	1 288 000
Total Current Assets	2 894 000	2 778 000	2 191 000	1 955 000
Total Assets	4 258 000	3 711 000	3 320 000	4 565 000
Total Equity	3 298 000	3 184 000	2 824 000	2 421 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	348 000	0	0	1 571 000
Creditors	20 000	12 000	16 000	103 000
Unpaid Taxes	309 000	325 000	318 000	119 000
Dividends	97 000	0	0	0
Other Current Debt	185 000	190 000	161 000	350 000
Total Current Debt	612 000	528 000	495 000	573 000
Total Equity and Debt	4 258 000	3 711 000	3 320 000	4 565 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,4 %	8,39 %	19,48 %	39,57 %
Debt-to-Equity Ratio	0,11	0	0	0,65
Operating Profit Margin	6,82 %	6,12 %	22,55 %	22,26 %
Current Ratio	4,73	5,26	4,43	3,41
Quick Ratio	4,73	5,26	4,43	3,41
Equity Ratio	0,77	0,86	0,85	0,53
Gross Profit Margin	94,67 %	88,36 %	99,2 %	99,45 %