SORTIMO AS

0581 OSLO

Finances

Share Ownership

Return on Equity

41,41 %

Current Ratio

0,7

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 141 000	34 027 000	27 939 000	37 059 000
Net Income	−2 322 000	−1 353 000	−8 655 000	−4 600 000
Total Assets	13 815 000	12 060 000	11 261 000	13 465 000
Total Equity	−5 607 000	−3 285 000	−1 932 000	6 723 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 141 000	34 027 000	27 939 000	37 059 000
Expenditure	42 112 000	35 474 000	36 430 000	41 557 000
Operating Profit	−1 972 000	−1 447 000	−8 492 000	−4 499 000
Financial Income	106 000	289 000	376 000	86 000
Financial Costs	455 000	196 000	539 000	187 000
Financial Balance	−349 000	93 000	−163 000	−101 000
Earnings Before Tax	−2 322 000	−1 353 000	−8 655 000	−4 600 000
Tax	0	0	0	0
Net Income	−2 322 000	−1 353 000	−8 655 000	−4 600 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	283 000	557 000	1 655 000	1 250 000
Total Current Assets	13 532 000	11 503 000	9 606 000	12 215 000
Total Assets	13 815 000	12 060 000	11 261 000	13 465 000
Total Retained Equity	−5 807 000	−3 485 000	−2 132 000	0
Total Equity	−5 607 000	−3 285 000	−1 932 000	6 723 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	19 421 000	15 345 000	13 193 000	6 741 000
Total Equity and Debt	13 815 000	12 060 000	11 261 000	13 465 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 141 000	33 759 000	27 938 000	36 804 000
Other Income	0	268 000	1 000	255 000
Revenue	40 141 000	34 027 000	27 939 000	37 059 000
Cost of Goods Sold	24 790 000	19 276 000	16 048 000	20 302 000
Salary Costs	10 402 000	9 862 000	10 418 000	11 714 000
Depreciation	275 000	566 000	604 000	528 000
Impairment	0	0	0	0
Expenditure	42 112 000	35 474 000	36 430 000	41 557 000
Operating Profit	−1 972 000	−1 447 000	−8 492 000	−4 499 000
Financial Income	106 000	289 000	376 000	86 000
Financial Costs	455 000	196 000	539 000	187 000
Financial Balance	−349 000	93 000	−163 000	−101 000
Dividends	0	0	0	0
Net Income	−2 322 000	−1 353 000	−8 655 000	−4 600 000

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	46 000	107 000	168 000	228 000
Fixtures	237 000	451 000	1 488 000	1 022 000
Total Tangible Assets	283 000	557 000	1 655 000	1 250 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	283 000	557 000	1 655 000	1 250 000
Stock	4 782 000	5 076 000	5 664 000	6 517 000
Total Investments	0	0	0	0
Cash, Bank	2 178 000	1 893 000	1 460 000	854 000
Total Current Assets	13 532 000	11 503 000	9 606 000	12 215 000
Total Assets	13 815 000	12 060 000	11 261 000	13 465 000
Total Equity	−5 607 000	−3 285 000	−1 932 000	6 723 000
Short-Term Group Debt	13 919 000	11 444 000	10 328 000	2 671 000
Total Long-Term Debt	0	0	0	0
Creditors	884 000	459 000	466 000	732 000
Unpaid Taxes	2 364 000	1 499 000	1 380 000	1 774 000
Dividends	0	0	0	0
Other Current Debt	1 500 000	1 258 000	1 019 000	1 324 000
Total Current Debt	19 421 000	15 345 000	13 193 000	6 741 000
Total Equity and Debt	13 815 000	12 060 000	11 261 000	13 465 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,41 %	41,19 %	447,98 %	−68,42 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	−4,91 %	−4,25 %	−30,39 %	−12,14 %
Current Ratio	0,7	0,75	0,73	1,81
Quick Ratio	0,92	1,12	1,28	54,53
Equity Ratio	−0,41	−0,27	−0,17	0,5
Gross Profit Margin	38,24 %	43,35 %	42,56 %	45,22 %