SØRBÅT AS

4513 MANDAL

Finances

Share Ownership

Return on Equity

51,87 %

Current Ratio

2,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 265 000	1 693 000	0
Net Income	277 000	233 000	−6 000
Total Assets	1 014 000	510 000	24 000
Total Equity	534 000	258 000	24 000

Income (NOK)	2022	2021	2020
Revenue	2 265 000	1 693 000	0
Expenditure	1 897 000	1 389 000	6 000
Operating Profit	368 000	304 000	−6 000
Financial Income	0	0	0
Financial Costs	13 000	7 000	0
Financial Balance	−13 000	−7 000	0
Earnings Before Tax	355 000	297 000	−6 000
Tax	78 000	64 000	0
Net Income	277 000	233 000	−6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	1 014 000	510 000	24 000
Total Assets	1 014 000	510 000	24 000
Total Retained Equity	504 000	228 000	−6 000
Total Equity	534 000	258 000	24 000
Total Long-Term Debt	0	0	0
Total Current Debt	479 000	252 000	0
Total Equity and Debt	1 014 000	510 000	24 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 265 000	1 693 000	0
Other Income	0	0	0
Revenue	2 265 000	1 693 000	0
Cost of Goods Sold	1 778 000	1 243 000	0
Salary Costs	2 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 897 000	1 389 000	6 000
Operating Profit	368 000	304 000	−6 000
Financial Income	0	0	0
Financial Costs	13 000	7 000	0
Financial Balance	−13 000	−7 000	0
Dividends	0	0	0
Net Income	277 000	233 000	−6 000

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	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	313 000	487 000	0
Total Investments	0	0	0
Cash, Bank	126 000	−2 000	0
Total Current Assets	1 014 000	510 000	24 000
Total Assets	1 014 000	510 000	24 000
Total Equity	534 000	258 000	24 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	1 000	0
Unpaid Taxes	0	26 000	0
Dividends	0	0	0
Other Current Debt	401 000	161 000	0
Total Current Debt	479 000	252 000	0
Total Equity and Debt	1 014 000	510 000	24 000

Financial indicators	2022	2021	2020
Return on Equity	51,87 %	90,31 %	−25 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	16,25 %	17,96 %	-
Current Ratio	2,12	2,02	-
Quick Ratio	6,11	−2,17	-
Equity Ratio	0,53	0,51	1
Gross Profit Margin	21,5 %	26,58 %	-