SØRBØEN AS

3570 ÅL

Finances

Share Ownership

Return on Equity

16,69 %

Current Ratio

12,44

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 384 000	2 003 000	2 242 000	231 000
Net Income	271 000	526 000	668 000	80 000
Total Assets	1 748 000	1 624 000	1 171 000	194 000
Total Equity	1 624 000	1 353 000	827 000	159 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 384 000	2 003 000	2 242 000	231 000
Expenditure	1 038 000	1 329 000	1 387 000	128 000
Operating Profit	346 000	674 000	856 000	103 000
Financial Income	2 000	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	2 000	0	1 000	0
Earnings Before Tax	348 000	674 000	857 000	103 000
Tax	77 000	148 000	189 000	23 000
Net Income	271 000	526 000	668 000	80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	406 000	0	15 000	29 000
Total Current Assets	1 343 000	1 624 000	1 156 000	164 000
Total Assets	1 748 000	1 624 000	1 171 000	194 000
Total Retained Equity	1 594 000	1 323 000	797 000	129 000
Total Equity	1 624 000	1 353 000	827 000	159 000
Total Long-Term Debt	16 000	0	0	0
Total Current Debt	108 000	271 000	344 000	35 000
Total Equity and Debt	1 748 000	1 624 000	1 171 000	194 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 383 000	2 003 000	2 239 000	231 000
Other Income	1 000	0	4 000	0
Revenue	1 384 000	2 003 000	2 242 000	231 000
Cost of Goods Sold	727 000	1 077 000	1 163 000	4 000
Salary Costs	11 000	0	0	0
Depreciation	11 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 038 000	1 329 000	1 387 000	128 000
Operating Profit	346 000	674 000	856 000	103 000
Financial Income	2 000	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	2 000	0	1 000	0
Dividends	0	0	0	0
Net Income	271 000	526 000	668 000	80 000

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	341 000	0	0	0
Total Tangible Assets	341 000	0	0	0
Total Fiancial Fixed Assets	64 000	0	15 000	29 000
Total Fixed Assets	406 000	0	15 000	29 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 316 000	1 446 000	1 041 000	145 000
Total Current Assets	1 343 000	1 624 000	1 156 000	164 000
Total Assets	1 748 000	1 624 000	1 171 000	194 000
Total Equity	1 624 000	1 353 000	827 000	159 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 000	0	0	0
Creditors	33 000	91 000	26 000	12 000
Unpaid Taxes	10 000	20 000	43 000	0
Dividends	0	0	0	0
Other Current Debt	4 000	12 000	86 000	0
Total Current Debt	108 000	271 000	344 000	35 000
Total Equity and Debt	1 748 000	1 624 000	1 171 000	194 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,69 %	38,88 %	80,77 %	50,31 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	25 %	33,65 %	38,18 %	44,59 %
Current Ratio	12,44	5,99	3,36	4,69
Quick Ratio	12,44	5,99	3,36	4,69
Equity Ratio	0,93	0,83	0,71	0,82
Gross Profit Margin	47,47 %	46,23 %	48,13 %	98,27 %