SØREVASS TRANSPORT AS

3570 ÅL

Finances

Share Ownership

Return on Equity

20,4 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020
Revenue	1 999 000	1 738 000	1 244 000
Net Income	237 000	396 000	498 000
Total Assets	2 263 000	1 943 000	2 046 000
Total Equity	1 162 000	924 000	528 000

Income (NOK)	2022	2021	2020
Revenue	1 999 000	1 738 000	1 244 000
Expenditure	1 656 000	1 208 000	599 000
Operating Profit	343 000	531 000	646 000
Financial Income	10 000	3 000	0
Financial Costs	44 000	26 000	7 000
Financial Balance	−34 000	−23 000	−7 000
Earnings Before Tax	309 000	508 000	639 000
Tax	72 000	112 000	141 000
Net Income	237 000	396 000	498 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 778 000	1 497 000	1 658 000
Total Current Assets	485 000	446 000	388 000
Total Assets	2 263 000	1 943 000	2 046 000
Total Retained Equity	1 132 000	894 000	498 000
Total Equity	1 162 000	924 000	528 000
Total Long-Term Debt	673 000	562 000	1 082 000
Total Current Debt	428 000	456 000	435 000
Total Equity and Debt	2 263 000	1 943 000	2 046 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 979 000	1 682 000	1 091 000
Other Income	20 000	55 000	153 000
Revenue	1 999 000	1 738 000	1 244 000
Cost of Goods Sold	65 000	23 000	11 000
Salary Costs	279 000	167 000	84 000
Depreciation	382 000	361 000	141 000
Impairment	0	0	0
Expenditure	1 656 000	1 208 000	599 000
Operating Profit	343 000	531 000	646 000
Financial Income	10 000	3 000	0
Financial Costs	44 000	26 000	7 000
Financial Balance	−34 000	−23 000	−7 000
Dividends	0	0	0
Net Income	237 000	396 000	498 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	432 000	155 000	53 000
Machinery and Plant Facilities	0	0	0
Fixtures	1 346 000	1 342 000	1 605 000
Total Tangible Assets	1 778 000	1 497 000	1 658 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 778 000	1 497 000	1 658 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	27 000	15 000	234 000
Total Current Assets	485 000	446 000	388 000
Total Assets	2 263 000	1 943 000	2 046 000
Total Equity	1 162 000	924 000	528 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	673 000	562 000	1 082 000
Creditors	226 000	132 000	236 000
Unpaid Taxes	95 000	65 000	22 000
Dividends	0	0	0
Other Current Debt	43 000	141 000	93 000
Total Current Debt	428 000	456 000	435 000
Total Equity and Debt	2 263 000	1 943 000	2 046 000

Financial indicators	2022	2021	2020
Return on Equity	20,4 %	42,86 %	94,32 %
Debt-to-Equity Ratio	0,58	0,61	2,05
Operating Profit Margin	17,16 %	30,55 %	51,93 %
Current Ratio	1,13	0,98	0,89
Quick Ratio	1,13	0,98	0,89
Equity Ratio	0,51	0,48	0,26
Gross Profit Margin	96,75 %	98,68 %	99,12 %