SØRSMOLT AS

3766 SANNIDAL

Finances

Return on Equity

11,01 %

Current Ratio

1,89

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 130 000	39 570 000	46 920 000	27 649 000
Net Income	6 273 000	12 214 000	10 070 000	5 554 000
Total Assets	75 062 000	76 177 000	63 666 000	47 459 000
Total Equity	56 982 000	54 709 000	47 995 000	40 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 130 000	39 570 000	46 920 000	27 649 000
Expenditure	27 752 000	24 510 000	34 574 000	20 642 000
Operating Profit	6 378 000	15 060 000	12 346 000	7 007 000
Financial Income	1 383 000	572 000	549 000	198 000
Financial Costs	1 000	60 000	100 000	129 000
Financial Balance	1 382 000	512 000	449 000	69 000
Earnings Before Tax	7 761 000	15 573 000	12 795 000	7 077 000
Tax	1 487 000	3 358 000	2 725 000	1 523 000
Net Income	6 273 000	12 214 000	10 070 000	5 554 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 440 000	39 269 000	34 088 000	22 926 000
Total Current Assets	30 622 000	36 909 000	29 578 000	24 533 000
Total Assets	75 062 000	76 177 000	63 666 000	47 459 000
Total Retained Equity	51 574 000	49 300 000	42 586 000	34 591 000
Total Equity	56 982 000	54 709 000	47 995 000	40 000 000
Total Long-Term Debt	1 848 000	1 842 000	2 138 000	4 487 000
Total Current Debt	16 232 000	19 626 000	13 533 000	2 972 000
Total Equity and Debt	75 062 000	76 177 000	63 666 000	47 459 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 064 000	39 520 000	46 860 000	27 579 000
Other Income	67 000	50 000	60 000	70 000
Revenue	34 130 000	39 570 000	46 920 000	27 649 000
Cost of Goods Sold	12 215 000	12 634 000	21 645 000	8 680 000
Salary Costs	4 282 000	4 227 000	4 228 000	5 441 000
Depreciation	1 140 000	1 038 000	1 373 000	1 489 000
Impairment	0	0	0	0
Expenditure	27 752 000	24 510 000	34 574 000	20 642 000
Operating Profit	6 378 000	15 060 000	12 346 000	7 007 000
Financial Income	1 383 000	572 000	549 000	198 000
Financial Costs	1 000	60 000	100 000	129 000
Financial Balance	1 382 000	512 000	449 000	69 000
Dividends	4 000 000	5 500 000	2 075 000	581 000
Net Income	6 273 000	12 214 000	10 070 000	5 554 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 776 000	4 931 000	4 387 000	4 500 000
Machinery and Plant Facilities	2 973 000	3 715 000	4 457 000	4 411 000
Fixtures	1 363 000	1 081 000	341 000	410 000
Total Tangible Assets	9 112 000	9 726 000	9 185 000	9 320 000
Total Fiancial Fixed Assets	35 328 000	29 542 000	24 904 000	13 605 000
Total Fixed Assets	44 440 000	39 269 000	34 088 000	22 926 000
Stock	8 434 000	8 344 000	9 859 000	18 977 000
Total Investments	0	0	0	0
Cash, Bank	20 196 000	28 453 000	19 565 000	2 612 000
Total Current Assets	30 622 000	36 909 000	29 578 000	24 533 000
Total Assets	75 062 000	76 177 000	63 666 000	47 459 000
Total Equity	56 982 000	54 709 000	47 995 000	40 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 848 000	1 842 000	2 138 000	4 487 000
Creditors	520 000	1 429 000	1 507 000	559 000
Unpaid Taxes	2 132 000	1 573 000	529 000	1 021 000
Dividends	4 000 000	5 500 000	2 075 000	581 000
Other Current Debt	8 279 000	7 681 000	6 494 000	811 000
Total Current Debt	16 232 000	19 626 000	13 533 000	2 972 000
Total Equity and Debt	75 062 000	76 177 000	63 666 000	47 459 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,01 %	22,33 %	20,98 %	13,89 %
Debt-to-Equity Ratio	0,03	0,03	0,04	0,11
Operating Profit Margin	18,69 %	38,06 %	26,31 %	25,34 %
Current Ratio	1,89	1,88	2,19	8,25
Quick Ratio	3,93	3,27	8,05	−1,53
Equity Ratio	0,76	0,72	0,75	0,84
Gross Profit Margin	64,21 %	68,07 %	53,87 %	68,61 %