BRØDRENE SØRENSEN MASKIN AS

9012 TROMSØ

Finances

Return on Equity

4,44 %

Current Ratio

4,42

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 834 000	4 776 000	7 318 000	6 249 000
Net Income	977 000	1 053 000	2 277 000	2 232 000
Total Assets	29 640 000	22 003 000	22 078 000	18 972 000
Total Equity	21 991 000	20 999 000	19 946 000	17 669 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 834 000	4 776 000	7 318 000	6 249 000
Expenditure	4 637 000	3 487 000	4 417 000	3 423 000
Operating Profit	1 197 000	1 290 000	2 901 000	2 825 000
Financial Income	74 000	61 000	36 000	36 000
Financial Costs	14 000	0	2 000	0
Financial Balance	60 000	61 000	34 000	36 000
Earnings Before Tax	1 257 000	1 351 000	2 936 000	2 861 000
Tax	280 000	298 000	659 000	629 000
Net Income	977 000	1 053 000	2 277 000	2 232 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 999 000	15 163 000	14 600 000	14 692 000
Total Current Assets	5 641 000	6 840 000	7 477 000	4 280 000
Total Assets	29 640 000	22 003 000	22 078 000	18 972 000
Total Retained Equity	21 841 000	20 849 000	19 796 000	17 519 000
Total Equity	21 991 000	20 999 000	19 946 000	17 669 000
Total Long-Term Debt	6 374 000	367 000	345 000	326 000
Total Current Debt	1 275 000	638 000	1 787 000	977 000
Total Equity and Debt	29 640 000	22 003 000	22 078 000	18 972 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 820 000	4 761 000	7 318 000	5 772 000
Other Income	14 000	15 000	0	477 000
Revenue	5 834 000	4 776 000	7 318 000	6 249 000
Cost of Goods Sold	778 000	614 000	1 396 000	983 000
Salary Costs	1 826 000	1 315 000	1 447 000	1 188 000
Depreciation	653 000	557 000	522 000	419 000
Impairment	0	0	0	0
Expenditure	4 637 000	3 487 000	4 417 000	3 423 000
Operating Profit	1 197 000	1 290 000	2 901 000	2 825 000
Financial Income	74 000	61 000	36 000	36 000
Financial Costs	14 000	0	2 000	0
Financial Balance	60 000	61 000	34 000	36 000
Dividends	0	0	0	0
Net Income	977 000	1 053 000	2 277 000	2 232 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	6 698 000	6 698 000	6 698 000
Machinery and Plant Facilities	2 400 000	2 562 000	1 960 000	1 904 000
Fixtures	1 509 000	1 462 000	1 652 000	1 843 000
Total Tangible Assets	3 909 000	10 722 000	10 310 000	10 445 000
Total Fiancial Fixed Assets	20 090 000	4 441 000	4 290 000	4 247 000
Total Fixed Assets	23 999 000	15 163 000	14 600 000	14 692 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 311 000	6 580 000	6 972 000	4 039 000
Total Current Assets	5 641 000	6 840 000	7 477 000	4 280 000
Total Assets	29 640 000	22 003 000	22 078 000	18 972 000
Total Equity	21 991 000	20 999 000	19 946 000	17 669 000
Short-Term Group Debt	93 000	0	0	0
Total Long-Term Debt	6 374 000	367 000	345 000	326 000
Creditors	216 000	62 000	31 000	0
Unpaid Taxes	292 000	125 000	443 000	92 000
Dividends	0	0	0	0
Other Current Debt	387 000	175 000	673 000	413 000
Total Current Debt	1 275 000	638 000	1 787 000	977 000
Total Equity and Debt	29 640 000	22 003 000	22 078 000	18 972 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,44 %	5,01 %	11,42 %	12,63 %
Debt-to-Equity Ratio	0,29	0,02	0,02	0,02
Operating Profit Margin	20,52 %	27,01 %	39,64 %	45,21 %
Current Ratio	4,42	10,72	4,18	4,38
Quick Ratio	4,42	10,72	4,18	4,38
Equity Ratio	0,74	0,95	0,9	0,93
Gross Profit Margin	86,66 %	87,14 %	80,92 %	84,27 %