SØRNES MARINE AS

6590 TUSTNA

Finances

Return on Equity

45,03 %

Current Ratio

0,87

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 079 000	5 479 000	6 441 000	549 000
Net Income	367 000	147 000	252 000	25 000
Total Assets	1 871 000	1 479 000	1 363 000	445 000
Total Equity	815 000	449 000	301 000	49 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 079 000	5 479 000	6 441 000	549 000
Expenditure	5 596 000	5 271 000	6 114 000	519 000
Operating Profit	483 000	208 000	327 000	30 000
Financial Income	11 000	6 000	0	0
Financial Costs	23 000	24 000	3 000	0
Financial Balance	−12 000	−18 000	−3 000	0
Earnings Before Tax	470 000	190 000	324 000	30 000
Tax	103 000	43 000	71 000	5 000
Net Income	367 000	147 000	252 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	986 000	674 000	500 000	0
Total Current Assets	885 000	805 000	863 000	445 000
Total Assets	1 871 000	1 479 000	1 363 000	445 000
Total Retained Equity	785 000	419 000	271 000	19 000
Total Equity	815 000	449 000	301 000	49 000
Total Long-Term Debt	38 000	151 000	5 000	0
Total Current Debt	1 018 000	879 000	1 057 000	396 000
Total Equity and Debt	1 871 000	1 479 000	1 363 000	445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 054 000	5 479 000	6 441 000	549 000
Other Income	25 000	0	0	0
Revenue	6 079 000	5 479 000	6 441 000	549 000
Cost of Goods Sold	2 479 000	2 106 000	3 068 000	180 000
Salary Costs	1 815 000	1 878 000	1 932 000	297 000
Depreciation	145 000	93 000	73 000	0
Impairment	0	0	0	0
Expenditure	5 596 000	5 271 000	6 114 000	519 000
Operating Profit	483 000	208 000	327 000	30 000
Financial Income	11 000	6 000	0	0
Financial Costs	23 000	24 000	3 000	0
Financial Balance	−12 000	−18 000	−3 000	0
Dividends	0	0	0	0
Net Income	367 000	147 000	252 000	25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 000	0	0	0
Real Eastate	210 000	217 000	0	0
Machinery and Plant Facilities	163 000	125 000	157 000	0
Fixtures	147 000	154 000	177 000	0
Total Tangible Assets	876 000	599 000	450 000	0
Total Fiancial Fixed Assets	75 000	75 000	50 000	0
Total Fixed Assets	986 000	674 000	500 000	0
Stock	566 000	290 000	178 000	81 000
Total Investments	0	0	0	0
Cash, Bank	105 000	69 000	324 000	311 000
Total Current Assets	885 000	805 000	863 000	445 000
Total Assets	1 871 000	1 479 000	1 363 000	445 000
Total Equity	815 000	449 000	301 000	49 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	38 000	151 000	5 000	0
Creditors	442 000	254 000	509 000	117 000
Unpaid Taxes	90 000	219 000	201 000	117 000
Dividends	0	0	0	0
Other Current Debt	375 000	305 000	280 000	156 000
Total Current Debt	1 018 000	879 000	1 057 000	396 000
Total Equity and Debt	1 871 000	1 479 000	1 363 000	445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,03 %	32,74 %	83,72 %	51,02 %
Debt-to-Equity Ratio	0,05	0,34	0,02	0
Operating Profit Margin	7,95 %	3,8 %	5,08 %	5,46 %
Current Ratio	0,87	0,92	0,82	1,12
Quick Ratio	1,96	1,37	0,98	1,41
Equity Ratio	0,44	0,3	0,22	0,11
Gross Profit Margin	59,22 %	61,56 %	52,37 %	67,21 %