AS SØRINGEN

9389 HUSØY I SENJA

Finances

Share Ownership

Return on Equity

25,39 %

Current Ratio

4,09

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	398 000	287 000	245 000	349 000
Net Income	49 000	−27 000	20 000	62 000
Total Assets	275 000	158 000	1 039 000	1 246 000
Total Equity	193 000	144 000	171 000	162 000

Income (NOK)	2022	2021	2020	2019
Revenue	398 000	287 000	245 000	349 000
Expenditure	335 000	260 000	178 000	236 000
Operating Profit	63 000	28 000	67 000	113 000
Financial Income	0	0	0	0
Financial Costs	0	62 000	41 000	32 000
Financial Balance	0	−62 000	−41 000	−32 000
Earnings Before Tax	63 000	−34 000	26 000	81 000
Tax	14 000	−8 000	6 000	18 000
Net Income	49 000	−27 000	20 000	62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	50 000	980 000	1 000 000
Total Current Assets	225 000	108 000	60 000	246 000
Total Assets	275 000	158 000	1 039 000	1 246 000
Total Retained Equity	93 000	44 000	71 000	62 000
Total Equity	193 000	144 000	171 000	162 000
Total Long-Term Debt	27 000	13 000	801 000	973 000
Total Current Debt	55 000	1 000	68 000	110 000
Total Equity and Debt	275 000	158 000	1 039 000	1 246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	398 000	0	245 000	349 000
Other Income	0	287 000	0	0
Revenue	398 000	287 000	245 000	349 000
Cost of Goods Sold	104 000	0	0	15 000
Salary Costs	72 000	0	8 000	30 000
Depreciation	0	0	60 000	61 000
Impairment	0	0	0	0
Expenditure	335 000	260 000	178 000	236 000
Operating Profit	63 000	28 000	67 000	113 000
Financial Income	0	0	0	0
Financial Costs	0	62 000	41 000	32 000
Financial Balance	0	−62 000	−41 000	−32 000
Dividends	0	0	0	0
Net Income	49 000	−27 000	20 000	62 000

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	50 000	50 000	70 000	40 000
Total Tangible Assets	50 000	50 000	971 000	991 000
Total Fiancial Fixed Assets	0	0	9 000	9 000
Total Fixed Assets	50 000	50 000	980 000	1 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	106 000	35 000	30 000
Total Current Assets	225 000	108 000	60 000	246 000
Total Assets	275 000	158 000	1 039 000	1 246 000
Total Equity	193 000	144 000	171 000	162 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 000	13 000	801 000	973 000
Creditors	5 000	1 000	−153 000	−70 000
Unpaid Taxes	33 000	0	−2 000	0
Dividends	0	0	0	0
Other Current Debt	18 000	0	223 000	180 000
Total Current Debt	55 000	1 000	68 000	110 000
Total Equity and Debt	275 000	158 000	1 039 000	1 246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,39 %	−18,75 %	11,7 %	38,27 %
Debt-to-Equity Ratio	0,14	0,09	4,68	6,01
Operating Profit Margin	15,83 %	9,76 %	27,35 %	32,38 %
Current Ratio	4,09	108	0,88	2,24
Quick Ratio	4,09	108	0,88	2,24
Equity Ratio	0,7	0,91	0,16	0,13
Gross Profit Margin	73,87 %	100 %	100 %	95,7 %