AS SORTLAND & CO

5430 BREMNES

Finances

Share Ownership

Return on Equity

−5,76 %

Current Ratio

33,75

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	285 000	595 000	524 000	455 000
Net Income	−153 000	84 000	188 000	183 000
Total Assets	3 078 000	3 296 000	3 204 000	3 610 000
Total Equity	2 657 000	2 811 000	2 727 000	2 539 000

Income (NOK)	2022	2021	2020	2019
Revenue	285 000	595 000	524 000	455 000
Expenditure	440 000	489 000	282 000	228 000
Operating Profit	−155 000	106 000	242 000	226 000
Financial Income	8 000	5 000	5 000	3 000
Financial Costs	7 000	2 000	9 000	15 000
Financial Balance	1 000	3 000	−4 000	−12 000
Earnings Before Tax	−153 000	109 000	238 000	214 000
Tax	0	25 000	51 000	31 000
Net Income	−153 000	84 000	188 000	183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 403 000	2 312 000	2 379 000	2 446 000
Total Current Assets	675 000	984 000	825 000	1 165 000
Total Assets	3 078 000	3 296 000	3 204 000	3 610 000
Total Retained Equity	2 557 000	2 711 000	2 627 000	2 439 000
Total Equity	2 657 000	2 811 000	2 727 000	2 539 000
Total Long-Term Debt	400 000	400 000	400 000	1 000 000
Total Current Debt	20 000	85 000	77 000	71 000
Total Equity and Debt	3 078 000	3 296 000	3 204 000	3 610 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	285 000	595 000	524 000	455 000
Revenue	285 000	595 000	524 000	455 000
Cost of Goods Sold	0	0	0	0
Salary Costs	76 000	64 000	39 000	30 000
Depreciation	72 000	67 000	67 000	67 000
Impairment	0	0	0	0
Expenditure	440 000	489 000	282 000	228 000
Operating Profit	−155 000	106 000	242 000	226 000
Financial Income	8 000	5 000	5 000	3 000
Financial Costs	7 000	2 000	9 000	15 000
Financial Balance	1 000	3 000	−4 000	−12 000
Dividends	0	0	0	0
Net Income	−153 000	84 000	188 000	183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 403 000	2 312 000	2 379 000	2 446 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 403 000	2 312 000	2 379 000	2 446 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 403 000	2 312 000	2 379 000	2 446 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	604 000	914 000	774 000	1 123 000
Total Current Assets	675 000	984 000	825 000	1 165 000
Total Assets	3 078 000	3 296 000	3 204 000	3 610 000
Total Equity	2 657 000	2 811 000	2 727 000	2 539 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	400 000	400 000	400 000	1 000 000
Creditors	14 000	35 000	14 000	17 000
Unpaid Taxes	1 000	11 000	0	6 000
Dividends	0	0	0	0
Other Current Debt	5 000	14 000	12 000	17 000
Total Current Debt	20 000	85 000	77 000	71 000
Total Equity and Debt	3 078 000	3 296 000	3 204 000	3 610 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,76 %	2,99 %	6,89 %	7,21 %
Debt-to-Equity Ratio	0,15	0,14	0,15	0,39
Operating Profit Margin	−54,39 %	17,82 %	46,18 %	49,67 %
Current Ratio	33,75	11,58	10,71	16,41
Quick Ratio	33,75	11,58	10,71	16,41
Equity Ratio	0,86	0,85	0,85	0,7
Gross Profit Margin	100 %	100 %	100 %	100 %