ALFRED SØRGAARD EFTF AS

7770 FLATANGER

Finances

Return on Equity

6,34 %

Current Ratio

4,45

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 086 000	39 894 000	39 745 000	34 661 000
Net Income	903 000	1 568 000	2 344 000	1 583 000
Total Assets	17 347 000	16 860 000	18 734 000	15 742 000
Total Equity	14 244 000	13 341 000	11 773 000	12 429 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 086 000	39 894 000	39 745 000	34 661 000
Expenditure	38 119 000	38 058 000	36 920 000	32 808 000
Operating Profit	967 000	1 836 000	2 824 000	1 854 000
Financial Income	177 000	161 000	176 000	173 000
Financial Costs	3 000	2 000	3 000	4 000
Financial Balance	174 000	159 000	173 000	169 000
Earnings Before Tax	1 141 000	1 995 000	2 997 000	2 022 000
Tax	239 000	427 000	652 000	439 000
Net Income	903 000	1 568 000	2 344 000	1 583 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 390 000	3 258 000	595 000	592 000
Total Current Assets	13 957 000	13 602 000	18 139 000	15 150 000
Total Assets	17 347 000	16 860 000	18 734 000	15 742 000
Total Retained Equity	14 144 000	13 241 000	11 673 000	12 329 000
Total Equity	14 244 000	13 341 000	11 773 000	12 429 000
Total Long-Term Debt	−31 000	−14 000	87 000	63 000
Total Current Debt	3 135 000	3 533 000	6 874 000	3 251 000
Total Equity and Debt	17 347 000	16 860 000	18 734 000	15 742 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 625 000	39 422 000	39 265 000	33 954 000
Other Income	460 000	473 000	479 000	708 000
Revenue	39 086 000	39 894 000	39 745 000	34 661 000
Cost of Goods Sold	28 109 000	28 273 000	27 864 000	24 166 000
Salary Costs	6 073 000	5 920 000	5 474 000	5 006 000
Depreciation	308 000	221 000	138 000	217 000
Impairment	0	0	0	0
Expenditure	38 119 000	38 058 000	36 920 000	32 808 000
Operating Profit	967 000	1 836 000	2 824 000	1 854 000
Financial Income	177 000	161 000	176 000	173 000
Financial Costs	3 000	2 000	3 000	4 000
Financial Balance	174 000	159 000	173 000	169 000
Dividends	0	0	3 000 000	0
Net Income	903 000	1 568 000	2 344 000	1 583 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	43 000	72 000	83 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	206 000	273 000	0	0
Fixtures	1 051 000	844 000	424 000	435 000
Total Tangible Assets	1 257 000	1 116 000	424 000	435 000
Total Fiancial Fixed Assets	2 104 000	2 099 000	99 000	74 000
Total Fixed Assets	3 390 000	3 258 000	595 000	592 000
Stock	2 384 000	2 559 000	2 731 000	2 423 000
Total Investments	0	0	0	0
Cash, Bank	5 623 000	4 872 000	9 475 000	6 816 000
Total Current Assets	13 957 000	13 602 000	18 139 000	15 150 000
Total Assets	17 347 000	16 860 000	18 734 000	15 742 000
Total Equity	14 244 000	13 341 000	11 773 000	12 429 000
Short-Term Group Debt	0	0	3 000 000	0
Total Long-Term Debt	−31 000	−14 000	87 000	63 000
Creditors	1 787 000	1 951 000	2 122 000	1 977 000
Unpaid Taxes	411 000	463 000	483 000	277 000
Dividends	0	0	3 000 000	0
Other Current Debt	711 000	720 000	628 000	555 000
Total Current Debt	3 135 000	3 533 000	6 874 000	3 251 000
Total Equity and Debt	17 347 000	16 860 000	18 734 000	15 742 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,34 %	11,75 %	19,91 %	12,74 %
Debt-to-Equity Ratio	−0	−0	0,01	0,01
Operating Profit Margin	2,47 %	4,6 %	7,11 %	5,35 %
Current Ratio	4,45	3,85	2,64	4,66
Quick Ratio	18,58	13,97	4,38	18,3
Equity Ratio	0,82	0,79	0,63	0,79
Gross Profit Margin	28,08 %	29,13 %	29,89 %	30,28 %