SØRSIA SERVICE AS

7877 HØYLANDET

Finances

Share Ownership

Return on Equity

43,66 %

Current Ratio

1,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 468 000	30 542 000	30 907 000	30 424 000
Net Income	492 000	691 000	749 000	761 000
Total Assets	2 801 000	2 812 000	2 943 000	2 635 000
Total Equity	1 127 000	635 000	694 000	695 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 468 000	30 542 000	30 907 000	30 424 000
Expenditure	35 834 000	29 656 000	29 949 000	29 457 000
Operating Profit	635 000	886 000	958 000	968 000
Financial Income	0	0	4 000	10 000
Financial Costs	3 000	1 000	1 000	1 000
Financial Balance	−3 000	−1 000	3 000	9 000
Earnings Before Tax	631 000	885 000	961 000	977 000
Tax	139 000	195 000	212 000	216 000
Net Income	492 000	691 000	749 000	761 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	168 000	238 000	197 000	144 000
Total Current Assets	2 634 000	2 573 000	2 747 000	2 492 000
Total Assets	2 801 000	2 812 000	2 943 000	2 635 000
Total Retained Equity	752 000	260 000	319 000	320 000
Total Equity	1 127 000	635 000	694 000	695 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 674 000	2 177 000	2 249 000	1 940 000
Total Equity and Debt	2 801 000	2 812 000	2 943 000	2 635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 447 000	30 506 000	30 888 000	30 385 000
Other Income	21 000	36 000	20 000	39 000
Revenue	36 468 000	30 542 000	30 907 000	30 424 000
Cost of Goods Sold	31 948 000	26 272 000	26 902 000	26 179 000
Salary Costs	2 240 000	2 014 000	1 802 000	1 952 000
Depreciation	75 000	85 000	67 000	77 000
Impairment	0	0	0	0
Expenditure	35 834 000	29 656 000	29 949 000	29 457 000
Operating Profit	635 000	886 000	958 000	968 000
Financial Income	0	0	4 000	10 000
Financial Costs	3 000	1 000	1 000	1 000
Financial Balance	−3 000	−1 000	3 000	9 000
Dividends	0	750 000	750 000	750 000
Net Income	492 000	691 000	749 000	761 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	12 000	14 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	152 000	226 000	183 000	129 000
Total Tangible Assets	152 000	226 000	183 000	129 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	168 000	238 000	197 000	144 000
Stock	1 382 000	763 000	781 000	863 000
Total Investments	0	0	0	0
Cash, Bank	1 150 000	1 784 000	1 941 000	1 585 000
Total Current Assets	2 634 000	2 573 000	2 747 000	2 492 000
Total Assets	2 801 000	2 812 000	2 943 000	2 635 000
Total Equity	1 127 000	635 000	694 000	695 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 198 000	868 000	951 000	663 000
Unpaid Taxes	68 000	148 000	153 000	142 000
Dividends	0	750 000	750 000	750 000
Other Current Debt	265 000	968 000	933 000	915 000
Total Current Debt	1 674 000	2 177 000	2 249 000	1 940 000
Total Equity and Debt	2 801 000	2 812 000	2 943 000	2 635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,66 %	108,82 %	107,93 %	109,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,74 %	2,9 %	3,1 %	3,18 %
Current Ratio	1,57	1,18	1,22	1,28
Quick Ratio	9,02	1,82	1,87	2,31
Equity Ratio	0,4	0,23	0,24	0,26
Gross Profit Margin	12,39 %	13,98 %	12,96 %	13,95 %