SOREL AS

9912 HESSENG

Finances

Return on Equity

18,9 %

Current Ratio

25,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	525 000	661 000	1 027 000	1 015 000
Net Income	2 003 000	3 312 000	4 958 000	509 000
Total Assets	10 973 000	9 017 000	11 861 000	7 595 000
Total Equity	10 598 000	8 895 000	5 584 000	6 626 000

Income (NOK)	2022	2021	2020	2019
Revenue	525 000	661 000	1 027 000	1 015 000
Expenditure	643 000	658 000	563 000	785 000
Operating Profit	−119 000	3 000	465 000	229 000
Financial Income	2 734 000	3 623 000	4 687 000	310 000
Financial Costs	604 000	267 000	28 000	0
Financial Balance	2 130 000	3 356 000	4 659 000	310 000
Earnings Before Tax	2 011 000	3 359 000	5 123 000	540 000
Tax	9 000	47 000	165 000	31 000
Net Income	2 003 000	3 312 000	4 958 000	509 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 519 000	2 131 000	2 337 000	2 546 000
Total Current Assets	9 454 000	6 886 000	9 524 000	5 049 000
Total Assets	10 973 000	9 017 000	11 861 000	7 595 000
Total Retained Equity	8 548 000	6 845 000	3 534 000	4 576 000
Total Equity	10 598 000	8 895 000	5 584 000	6 626 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	375 000	122 000	6 277 000	969 000
Total Equity and Debt	10 973 000	9 017 000	11 861 000	7 595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 000	0	0	0
Other Income	505 000	661 000	1 027 000	1 015 000
Revenue	525 000	661 000	1 027 000	1 015 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	184 000	206 000	209 000	216 000
Impairment	0	0	0	0
Expenditure	643 000	658 000	563 000	785 000
Operating Profit	−119 000	3 000	465 000	229 000
Financial Income	2 734 000	3 623 000	4 687 000	310 000
Financial Costs	604 000	267 000	28 000	0
Financial Balance	2 130 000	3 356 000	4 659 000	310 000
Dividends	300 000	0	6 000 000	0
Net Income	2 003 000	3 312 000	4 958 000	509 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 440 000	1 570 000	1 770 000	1 970 000
Machinery and Plant Facilities	45 000	0	6 000	15 000
Fixtures	0	0	0	0
Total Tangible Assets	1 485 000	1 570 000	1 776 000	1 985 000
Total Fiancial Fixed Assets	34 000	561 000	561 000	561 000
Total Fixed Assets	1 519 000	2 131 000	2 337 000	2 546 000
Stock	0	0	0	0
Total Investments	7 985 000	2 497 000	3 120 000	2 970 000
Cash, Bank	1 469 000	4 389 000	6 404 000	2 075 000
Total Current Assets	9 454 000	6 886 000	9 524 000	5 049 000
Total Assets	10 973 000	9 017 000	11 861 000	7 595 000
Total Equity	10 598 000	8 895 000	5 584 000	6 626 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	18 000	4 000	30 000
Unpaid Taxes	0	0	0	0
Dividends	300 000	0	6 000 000	0
Other Current Debt	57 000	57 000	108 000	908 000
Total Current Debt	375 000	122 000	6 277 000	969 000
Total Equity and Debt	10 973 000	9 017 000	11 861 000	7 595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,9 %	37,23 %	88,79 %	7,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−22,67 %	0,45 %	45,28 %	22,56 %
Current Ratio	25,21	56,44	1,52	5,21
Quick Ratio	25,21	56,44	1,52	5,21
Equity Ratio	0,97	0,99	0,47	0,87
Gross Profit Margin	100 %	100 %	100 %	100 %