SOMMERSETH AS

8520 ANKENES

Finances

Return on Equity

52,79 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	266 579 000	238 043 000	193 533 000	180 843 000
Net Income	8 939 000	8 833 000	12 913 000	5 863 000
Total Assets	68 844 000	59 715 000	52 457 000	44 962 000
Total Equity	16 933 000	14 993 000	14 161 000	11 248 000

Income (NOK)	2022	2021	2020	2019
Revenue	266 579 000	238 043 000	193 533 000	180 843 000
Expenditure	254 479 000	226 342 000	184 378 000	172 670 000
Operating Profit	12 100 000	11 701 000	9 156 000	8 173 000
Financial Income	6 000	2 000	6 104 000	4 000
Financial Costs	635 000	367 000	396 000	642 000
Financial Balance	−629 000	−365 000	5 708 000	−638 000
Earnings Before Tax	11 472 000	11 337 000	14 864 000	7 535 000
Tax	2 532 000	2 504 000	1 951 000	1 672 000
Net Income	8 939 000	8 833 000	12 913 000	5 863 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 070 000	6 406 000	6 274 000	6 901 000
Total Current Assets	61 774 000	53 308 000	46 183 000	38 060 000
Total Assets	68 844 000	59 715 000	52 457 000	44 962 000
Total Retained Equity	16 483 000	14 543 000	13 711 000	10 798 000
Total Equity	16 933 000	14 993 000	14 161 000	11 248 000
Total Long-Term Debt	4 148 000	4 377 000	4 935 000	5 013 000
Total Current Debt	47 763 000	40 344 000	33 361 000	28 701 000
Total Equity and Debt	68 844 000	59 715 000	52 457 000	44 962 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	263 924 000	235 319 000	191 666 000	180 320 000
Other Income	2 656 000	2 724 000	1 867 000	523 000
Revenue	266 579 000	238 043 000	193 533 000	180 843 000
Cost of Goods Sold	217 788 000	189 576 000	152 599 000	142 104 000
Salary Costs	21 343 000	21 461 000	18 562 000	17 847 000
Depreciation	1 132 000	1 098 000	959 000	964 000
Impairment	0	0	0	0
Expenditure	254 479 000	226 342 000	184 378 000	172 670 000
Operating Profit	12 100 000	11 701 000	9 156 000	8 173 000
Financial Income	6 000	2 000	6 104 000	4 000
Financial Costs	635 000	367 000	396 000	642 000
Financial Balance	−629 000	−365 000	5 708 000	−638 000
Dividends	7 000 000	8 000 000	10 000 000	7 000 000
Net Income	8 939 000	8 833 000	12 913 000	5 863 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	34 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	763 000	1 464 000	1 387 000	1 316 000
Fixtures	6 303 000	4 870 000	4 874 000	4 535 000
Total Tangible Assets	7 065 000	6 335 000	6 261 000	5 851 000
Total Fiancial Fixed Assets	5 000	37 000	13 000	1 050 000
Total Fixed Assets	7 070 000	6 406 000	6 274 000	6 901 000
Stock	46 441 000	40 830 000	32 848 000	31 396 000
Total Investments	0	0	0	0
Cash, Bank	1 036 000	1 197 000	2 009 000	1 188 000
Total Current Assets	61 774 000	53 308 000	46 183 000	38 060 000
Total Assets	68 844 000	59 715 000	52 457 000	44 962 000
Total Equity	16 933 000	14 993 000	14 161 000	11 248 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 148 000	4 377 000	4 935 000	5 013 000
Creditors	15 598 000	17 444 000	15 446 000	9 808 000
Unpaid Taxes	2 070 000	3 879 000	3 373 000	2 738 000
Dividends	7 000 000	8 000 000	10 000 000	7 000 000
Other Current Debt	4 308 000	4 254 000	2 734 000	3 048 000
Total Current Debt	47 763 000	40 344 000	33 361 000	28 701 000
Total Equity and Debt	68 844 000	59 715 000	52 457 000	44 962 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,79 %	58,91 %	91,19 %	52,12 %
Debt-to-Equity Ratio	0,24	0,29	0,35	0,45
Operating Profit Margin	4,54 %	4,92 %	4,73 %	4,52 %
Current Ratio	1,29	1,32	1,38	1,33
Quick Ratio	46,73	−109,69	90,03	−14,12
Equity Ratio	0,25	0,25	0,27	0,25
Gross Profit Margin	18,3 %	20,36 %	21,15 %	21,42 %