A. SØRENSENS TRANSPORT AS

4330 ÅLGÅRD

Finances

Share Ownership

Return on Equity

27,55 %

Current Ratio

3,8

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	2 679 000	3 068 000	2 783 000
Net Income	319 000	389 000	73 000
Total Assets	1 532 000	1 218 000	854 000
Total Equity	1 158 000	839 000	449 000

Income (NOK)	2022	2021	2020
Revenue	2 679 000	3 068 000	2 783 000
Expenditure	2 268 000	2 572 000	2 697 000
Operating Profit	410 000	498 000	86 000
Financial Income	6 000	2 000	1 000
Financial Costs	7 000	0	0
Financial Balance	−1 000	2 000	1 000
Earnings Before Tax	409 000	499 000	88 000
Tax	91 000	110 000	15 000
Net Income	319 000	389 000	73 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	203 000	243 000	337 000
Total Current Assets	1 329 000	975 000	517 000
Total Assets	1 532 000	1 218 000	854 000
Total Retained Equity	758 000	439 000	49 000
Total Equity	1 158 000	839 000	449 000
Total Long-Term Debt	25 000	26 000	9 000
Total Current Debt	350 000	353 000	396 000
Total Equity and Debt	1 532 000	1 218 000	854 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 679 000	2 984 000	2 783 000
Other Income	0	84 000	0
Revenue	2 679 000	3 068 000	2 783 000
Cost of Goods Sold	639 000	702 000	668 000
Salary Costs	757 000	925 000	1 194 000
Depreciation	40 000	41 000	53 000
Impairment	0	0	0
Expenditure	2 268 000	2 572 000	2 697 000
Operating Profit	410 000	498 000	86 000
Financial Income	6 000	2 000	1 000
Financial Costs	7 000	0	0
Financial Balance	−1 000	2 000	1 000
Dividends	0	0	0
Net Income	319 000	389 000	73 000

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	3 000	17 000
Fixtures	203 000	240 000	321 000
Total Tangible Assets	203 000	243 000	337 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	203 000	243 000	337 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 132 000	614 000	372 000
Total Current Assets	1 329 000	975 000	517 000
Total Assets	1 532 000	1 218 000	854 000
Total Equity	1 158 000	839 000	449 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	25 000	26 000	9 000
Creditors	82 000	57 000	191 000
Unpaid Taxes	94 000	107 000	82 000
Dividends	0	0	0
Other Current Debt	81 000	96 000	117 000
Total Current Debt	350 000	353 000	396 000
Total Equity and Debt	1 532 000	1 218 000	854 000

Financial indicators	2022	2021	2020
Return on Equity	27,55 %	46,36 %	16,26 %
Debt-to-Equity Ratio	0,02	0,03	0,02
Operating Profit Margin	15,3 %	16,23 %	3,09 %
Current Ratio	3,8	2,76	1,31
Quick Ratio	3,8	2,76	1,31
Equity Ratio	0,76	0,69	0,53
Gross Profit Margin	76,15 %	77,12 %	76 %