SØRENSEN TRANSPORT AS

2380 BRUMUNDDAL

Finances

Share Ownership

Return on Equity

−41,03 %

Current Ratio

0,25

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	510 000	1 813 000	4 655 000
Net Income	64 000	−200 000	−52 000
Total Assets	473 000	602 000	925 000
Total Equity	−156 000	−219 000	−22 000

Income (NOK)	2022	2021	2020
Revenue	510 000	1 813 000	4 655 000
Expenditure	433 000	1 984 000	4 682 000
Operating Profit	77 000	−172 000	−27 000
Financial Income	0	0	0
Financial Costs	14 000	28 000	25 000
Financial Balance	−14 000	−28 000	−25 000
Earnings Before Tax	64 000	−200 000	−52 000
Tax	0	0	0
Net Income	64 000	−200 000	−52 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	315 000	511 000	402 000
Total Current Assets	158 000	91 000	523 000
Total Assets	473 000	602 000	925 000
Total Retained Equity	−186 000	−249 000	−52 000
Total Equity	−156 000	−219 000	−22 000
Total Long-Term Debt	0	442 000	522 000
Total Current Debt	628 000	379 000	425 000
Total Equity and Debt	473 000	602 000	925 000

Cash flow (NOK)	2022	2021	2020
Sales Income	339 000	1 672 000	4 524 000
Other Income	170 000	142 000	130 000
Revenue	510 000	1 813 000	4 655 000
Cost of Goods Sold	0	976 000	956 000
Salary Costs	38 000	131 000	1 309 000
Depreciation	168 000	163 000	101 000
Impairment	0	0	0
Expenditure	433 000	1 984 000	4 682 000
Operating Profit	77 000	−172 000	−27 000
Financial Income	0	0	0
Financial Costs	14 000	28 000	25 000
Financial Balance	−14 000	−28 000	−25 000
Dividends	0	0	0
Net Income	64 000	−200 000	−52 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	184 000	51 000	0
Fixtures	104 000	407 000	219 000
Total Tangible Assets	288 000	458 000	219 000
Total Fiancial Fixed Assets	27 000	53 000	183 000
Total Fixed Assets	315 000	511 000	402 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	20 000	18 000	177 000
Total Current Assets	158 000	91 000	523 000
Total Assets	473 000	602 000	925 000
Total Equity	−156 000	−219 000	−22 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	442 000	522 000
Creditors	13 000	9 000	117 000
Unpaid Taxes	0	4 000	216 000
Dividends	0	0	0
Other Current Debt	616 000	366 000	92 000
Total Current Debt	628 000	379 000	425 000
Total Equity and Debt	473 000	602 000	925 000

Financial indicators	2022	2021	2020
Return on Equity	−41,03 %	91,32 %	236,36 %
Debt-to-Equity Ratio	−0	−2,02	−23,73
Operating Profit Margin	15,1 %	−9,49 %	−0,58 %
Current Ratio	0,25	0,24	1,23
Quick Ratio	0,25	0,24	1,23
Equity Ratio	−0,33	−0,36	−0,02
Gross Profit Margin	100 %	46,17 %	79,46 %