SØRNES EIENDOM AS

9990 BÅTSFJORD

Finances

Share Ownership

Return on Equity

15,41 %

Current Ratio

2,37

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 501 000	7 735 000	6 772 000	6 653 000
Net Income	3 261 000	934 000	1 884 000	1 752 000
Total Assets	27 689 000	27 440 000	29 929 000	25 121 000
Total Equity	21 157 000	17 896 000	18 463 000	18 579 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 501 000	7 735 000	6 772 000	6 653 000
Expenditure	5 072 000	6 316 000	4 200 000	4 210 000
Operating Profit	4 429 000	1 419 000	2 573 000	2 442 000
Financial Income	1 000	0	1 000	7 000
Financial Costs	249 000	222 000	159 000	203 000
Financial Balance	−248 000	−222 000	−158 000	−196 000
Earnings Before Tax	4 180 000	1 197 000	2 415 000	2 246 000
Tax	919 000	263 000	531 000	494 000
Net Income	3 261 000	934 000	1 884 000	1 752 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 856 000	24 535 000	22 308 000	23 135 000
Total Current Assets	4 833 000	2 905 000	7 621 000	1 986 000
Total Assets	27 689 000	27 440 000	29 929 000	25 121 000
Total Retained Equity	21 057 000	17 796 000	18 363 000	18 479 000
Total Equity	21 157 000	17 896 000	18 463 000	18 579 000
Total Long-Term Debt	4 496 000	6 190 000	7 183 000	4 341 000
Total Current Debt	2 036 000	3 354 000	4 283 000	2 201 000
Total Equity and Debt	27 689 000	27 440 000	29 929 000	25 121 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	253 000	1 245 000	458 000	271 000
Other Income	9 249 000	6 490 000	6 314 000	6 382 000
Revenue	9 501 000	7 735 000	6 772 000	6 653 000
Cost of Goods Sold	0	0	46 000	4 000
Salary Costs	675 000	968 000	994 000	1 054 000
Depreciation	939 000	837 000	828 000	828 000
Impairment	0	0	0	0
Expenditure	5 072 000	6 316 000	4 200 000	4 210 000
Operating Profit	4 429 000	1 419 000	2 573 000	2 442 000
Financial Income	1 000	0	1 000	7 000
Financial Costs	249 000	222 000	159 000	203 000
Financial Balance	−248 000	−222 000	−158 000	−196 000
Dividends	0	1 500 000	2 000 000	0
Net Income	3 261 000	934 000	1 884 000	1 752 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 656 000	24 180 000	21 951 000	22 776 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	2 000	5 000
Total Tangible Assets	22 656 000	24 180 000	21 953 000	22 780 000
Total Fiancial Fixed Assets	200 000	355 000	355 000	355 000
Total Fixed Assets	22 856 000	24 535 000	22 308 000	23 135 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 577 000	2 767 000	7 425 000	1 893 000
Total Current Assets	4 833 000	2 905 000	7 621 000	1 986 000
Total Assets	27 689 000	27 440 000	29 929 000	25 121 000
Total Equity	21 157 000	17 896 000	18 463 000	18 579 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 496 000	6 190 000	7 183 000	4 341 000
Creditors	428 000	1 351 000	546 000	333 000
Unpaid Taxes	19 000	141 000	43 000	46 000
Dividends	0	1 500 000	2 000 000	0
Other Current Debt	170 000	105 000	1 131 000	1 314 000
Total Current Debt	2 036 000	3 354 000	4 283 000	2 201 000
Total Equity and Debt	27 689 000	27 440 000	29 929 000	25 121 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,41 %	5,22 %	10,2 %	9,43 %
Debt-to-Equity Ratio	0,21	0,35	0,39	0,23
Operating Profit Margin	46,62 %	18,35 %	37,99 %	36,71 %
Current Ratio	2,37	0,87	1,78	0,9
Quick Ratio	2,37	0,87	1,78	0,9
Equity Ratio	0,76	0,65	0,62	0,74
Gross Profit Margin	100 %	100 %	99,32 %	99,94 %