FORSIKRINGSSENTER SØR AS

3921 PORSGRUNN

Finances

Share Ownership

Return on Equity

65,15 %

Current Ratio

2,37

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 099 000	1 994 000	2 392 000	1 792 000
Net Income	314 000	364 000	128 000	880 000
Total Assets	966 000	957 000	1 468 000	1 331 000
Total Equity	482 000	168 000	832 000	954 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 099 000	1 994 000	2 392 000	1 792 000
Expenditure	1 676 000	1 508 000	2 222 000	619 000
Operating Profit	423 000	486 000	170 000	1 173 000
Financial Income	5 000	1 000	2 000	1 000
Financial Costs	10 000	3 000	1 000	1 000
Financial Balance	−5 000	−2 000	1 000	0
Earnings Before Tax	419 000	485 000	171 000	1 173 000
Tax	105 000	121 000	43 000	293 000
Net Income	314 000	364 000	128 000	880 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	966 000	957 000	1 468 000	1 331 000
Total Assets	966 000	957 000	1 468 000	1 331 000
Total Retained Equity	452 000	138 000	802 000	924 000
Total Equity	482 000	168 000	832 000	954 000
Total Long-Term Debt	77 000	96 000	121 000	152 000
Total Current Debt	407 000	693 000	515 000	225 000
Total Equity and Debt	966 000	957 000	1 468 000	1 331 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	722 000	0	0
Other Income	2 099 000	1 272 000	2 392 000	1 792 000
Revenue	2 099 000	1 994 000	2 392 000	1 792 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 528 000	1 337 000	2 049 000	449 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 676 000	1 508 000	2 222 000	619 000
Operating Profit	423 000	486 000	170 000	1 173 000
Financial Income	5 000	1 000	2 000	1 000
Financial Costs	10 000	3 000	1 000	1 000
Financial Balance	−5 000	−2 000	1 000	0
Dividends	0	0	0	0
Net Income	314 000	364 000	128 000	880 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	843 000	371 000	761 000	420 000
Total Current Assets	966 000	957 000	1 468 000	1 331 000
Total Assets	966 000	957 000	1 468 000	1 331 000
Total Equity	482 000	168 000	832 000	954 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	77 000	96 000	121 000	152 000
Creditors	2 000	11 000	0	0
Unpaid Taxes	124 000	100 000	231 000	52 000
Dividends	0	0	0	0
Other Current Debt	156 000	436 000	210 000	31 000
Total Current Debt	407 000	693 000	515 000	225 000
Total Equity and Debt	966 000	957 000	1 468 000	1 331 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,15 %	216,67 %	15,38 %	92,24 %
Debt-to-Equity Ratio	0,16	0,57	0,15	0,16
Operating Profit Margin	20,15 %	24,37 %	7,11 %	65,46 %
Current Ratio	2,37	1,38	2,85	5,92
Quick Ratio	2,37	1,38	2,85	5,92
Equity Ratio	0,5	0,18	0,57	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %