SØRUM OG FET VETERINÆRKONTOR AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

70,82 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 909 000	27 003 000	24 972 000	21 667 000
Net Income	3 418 000	4 404 000	4 343 000	2 764 000
Total Assets	13 392 000	13 744 000	11 854 000	8 526 000
Total Equity	4 826 000	4 808 000	4 404 000	2 061 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 909 000	27 003 000	24 972 000	21 667 000
Expenditure	24 603 000	21 409 000	19 455 000	18 128 000
Operating Profit	4 306 000	5 595 000	5 518 000	3 540 000
Financial Income	77 000	51 000	50 000	8 000
Financial Costs	1 000	1 000	0	4 000
Financial Balance	76 000	50 000	50 000	4 000
Earnings Before Tax	4 382 000	5 646 000	5 568 000	3 544 000
Tax	964 000	1 242 000	1 225 000	781 000
Net Income	3 418 000	4 404 000	4 343 000	2 764 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 029 000	1 509 000	986 000	1 099 000
Total Current Assets	12 363 000	12 235 000	10 868 000	7 427 000
Total Assets	13 392 000	13 744 000	11 854 000	8 526 000
Total Retained Equity	4 796 000	4 778 000	4 374 000	2 031 000
Total Equity	4 826 000	4 808 000	4 404 000	2 061 000
Total Long-Term Debt	0	27 000	814 000	814 000
Total Current Debt	8 566 000	8 908 000	6 636 000	5 651 000
Total Equity and Debt	13 392 000	13 744 000	11 854 000	8 526 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 888 000	26 580 000	24 896 000	21 586 000
Other Income	20 000	423 000	76 000	81 000
Revenue	28 909 000	27 003 000	24 972 000	21 667 000
Cost of Goods Sold	5 575 000	4 991 000	4 898 000	4 251 000
Salary Costs	15 172 000	13 495 000	12 037 000	11 447 000
Depreciation	473 000	406 000	345 000	309 000
Impairment	0	0	0	0
Expenditure	24 603 000	21 409 000	19 455 000	18 128 000
Operating Profit	4 306 000	5 595 000	5 518 000	3 540 000
Financial Income	77 000	51 000	50 000	8 000
Financial Costs	1 000	1 000	0	4 000
Financial Balance	76 000	50 000	50 000	4 000
Dividends	3 400 000	4 000 000	2 000 000	2 000 000
Net Income	3 418 000	4 404 000	4 343 000	2 764 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	3 000	5 000	7 000
Total Intangible Assets	24 000	3 000	23 000	10 000
Real Eastate	0	118 000	99 000	110 000
Machinery and Plant Facilities	0	417 000	713 000	820 000
Fixtures	819 000	785 000	152 000	159 000
Total Tangible Assets	819 000	1 320 000	963 000	1 089 000
Total Fiancial Fixed Assets	186 000	186 000	0	0
Total Fixed Assets	1 029 000	1 509 000	986 000	1 099 000
Stock	1 271 000	1 079 000	1 072 000	1 141 000
Total Investments	0	0	0	0
Cash, Bank	10 112 000	10 419 000	9 031 000	5 740 000
Total Current Assets	12 363 000	12 235 000	10 868 000	7 427 000
Total Assets	13 392 000	13 744 000	11 854 000	8 526 000
Total Equity	4 826 000	4 808 000	4 404 000	2 061 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	27 000	814 000	814 000
Creditors	737 000	613 000	579 000	319 000
Unpaid Taxes	1 788 000	1 707 000	1 565 000	1 361 000
Dividends	3 400 000	4 000 000	2 000 000	2 000 000
Other Current Debt	1 626 000	1 392 000	1 251 000	1 183 000
Total Current Debt	8 566 000	8 908 000	6 636 000	5 651 000
Total Equity and Debt	13 392 000	13 744 000	11 854 000	8 526 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,82 %	91,6 %	98,61 %	134,11 %
Debt-to-Equity Ratio	0	0,01	0,18	0,39
Operating Profit Margin	14,9 %	20,72 %	22,1 %	16,34 %
Current Ratio	1,44	1,37	1,64	1,31
Quick Ratio	1,69	1,56	1,95	1,65
Equity Ratio	0,36	0,35	0,37	0,24
Gross Profit Margin	80,72 %	81,52 %	80,39 %	80,38 %