SORTLAND ARBEIDSSENTER AS

8403 SORTLAND

Finances

Return on Equity

−1,98 %

Current Ratio

7,89

Debt-to-Equity Ratio

1,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 075 000	8 125 000	9 210 000	9 332 000
Net Income	−137 000	246 000	1 289 000	995 000
Total Assets	20 629 000	21 304 000	8 834 000	7 353 000
Total Equity	6 914 000	7 050 000	6 805 000	5 516 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 075 000	8 125 000	9 210 000	9 332 000
Expenditure	2 656 000	7 823 000	7 921 000	8 333 000
Operating Profit	420 000	302 000	1 290 000	1 000 000
Financial Income	1 000	16 000	17 000	20 000
Financial Costs	558 000	72 000	18 000	24 000
Financial Balance	−557 000	−56 000	−1 000	−4 000
Earnings Before Tax	−137 000	246 000	1 289 000	995 000
Tax	0	0	0	0
Net Income	−137 000	246 000	1 289 000	995 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 108 000	14 073 000	1 789 000	1 179 000
Total Current Assets	6 521 000	7 231 000	7 045 000	6 174 000
Total Assets	20 629 000	21 304 000	8 834 000	7 353 000
Total Retained Equity	6 422 000	6 558 000	6 313 000	5 024 000
Total Equity	6 914 000	7 050 000	6 805 000	5 516 000
Total Long-Term Debt	12 889 000	13 232 000	849 000	915 000
Total Current Debt	826 000	1 023 000	1 180 000	923 000
Total Equity and Debt	20 629 000	21 304 000	8 834 000	7 353 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 000	2 031 000	2 825 000	2 655 000
Other Income	3 069 000	6 093 000	6 385 000	6 677 000
Revenue	3 075 000	8 125 000	9 210 000	9 332 000
Cost of Goods Sold	−1 000	482 000	691 000	743 000
Salary Costs	1 382 000	4 751 000	5 026 000	5 266 000
Depreciation	16 000	111 000	159 000	147 000
Impairment	0	0	0	0
Expenditure	2 656 000	7 823 000	7 921 000	8 333 000
Operating Profit	420 000	302 000	1 290 000	1 000 000
Financial Income	1 000	16 000	17 000	20 000
Financial Costs	558 000	72 000	18 000	24 000
Financial Balance	−557 000	−56 000	−1 000	−4 000
Dividends	0	0	0	0
Net Income	−137 000	246 000	1 289 000	995 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	664 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	0	505 000	559 000
Total Tangible Assets	35 000	0	1 169 000	559 000
Total Fiancial Fixed Assets	14 073 000	14 073 000	620 000	620 000
Total Fixed Assets	14 108 000	14 073 000	1 789 000	1 179 000
Stock	0	0	226 000	325 000
Total Investments	0	0	0	0
Cash, Bank	2 531 000	6 677 000	6 229 000	4 715 000
Total Current Assets	6 521 000	7 231 000	7 045 000	6 174 000
Total Assets	20 629 000	21 304 000	8 834 000	7 353 000
Total Equity	6 914 000	7 050 000	6 805 000	5 516 000
Short-Term Group Debt	64 000	0	0	0
Total Long-Term Debt	12 889 000	13 232 000	849 000	915 000
Creditors	123 000	336 000	392 000	191 000
Unpaid Taxes	262 000	348 000	298 000	272 000
Dividends	0	0	0	0
Other Current Debt	377 000	338 000	490 000	460 000
Total Current Debt	826 000	1 023 000	1 180 000	923 000
Total Equity and Debt	20 629 000	21 304 000	8 834 000	7 353 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,98 %	3,49 %	18,94 %	18,04 %
Debt-to-Equity Ratio	1,86	1,88	0,12	0,17
Operating Profit Margin	13,66 %	3,72 %	14,01 %	10,72 %
Current Ratio	7,89	7,07	5,97	6,69
Quick Ratio	7,89	7,07	7,38	10,32
Equity Ratio	0,34	0,33	0,77	0,75
Gross Profit Margin	100,03 %	94,07 %	92,5 %	92,04 %