PÅL SOMMERSETH AS

2609 LILLEHAMMER

Finances

Share Ownership

Return on Equity

66,07 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 813 000	69 429 000	74 738 000	69 716 000
Net Income	952 000	−45 000	1 184 000	997 000
Total Assets	9 610 000	9 473 000	7 636 000	7 408 000
Total Equity	1 441 000	1 101 000	1 146 000	1 112 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 813 000	69 429 000	74 738 000	69 716 000
Expenditure	74 739 000	69 381 000	73 247 000	68 512 000
Operating Profit	1 073 000	48 000	1 491 000	1 204 000
Financial Income	33 000	10 000	27 000	75 000
Financial Costs	0	0	0	0
Financial Balance	33 000	10 000	27 000	75 000
Earnings Before Tax	1 106 000	58 000	1 519 000	1 278 000
Tax	153 000	102 000	334 000	281 000
Net Income	952 000	−45 000	1 184 000	997 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 181 000	1 301 000	700 000	405 000
Total Current Assets	8 429 000	8 172 000	6 937 000	7 003 000
Total Assets	9 610 000	9 473 000	7 636 000	7 408 000
Total Retained Equity	743 000	403 000	448 000	414 000
Total Equity	1 441 000	1 101 000	1 146 000	1 112 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 169 000	8 372 000	6 491 000	6 296 000
Total Equity and Debt	9 610 000	9 473 000	7 636 000	7 408 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	74 101 000	68 125 000	73 209 000	68 030 000
Other Income	1 713 000	1 304 000	1 529 000	1 686 000
Revenue	75 813 000	69 429 000	74 738 000	69 716 000
Cost of Goods Sold	62 410 000	57 765 000	61 582 000	57 464 000
Salary Costs	4 895 000	4 880 000	4 688 000	4 505 000
Depreciation	247 000	201 000	128 000	175 000
Impairment	0	0	0	0
Expenditure	74 739 000	69 381 000	73 247 000	68 512 000
Operating Profit	1 073 000	48 000	1 491 000	1 204 000
Financial Income	33 000	10 000	27 000	75 000
Financial Costs	0	0	0	0
Financial Balance	33 000	10 000	27 000	75 000
Dividends	0	0	0	0
Net Income	952 000	−45 000	1 184 000	997 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 000	0	102 000	179 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 144 000	1 301 000	597 000	226 000
Total Tangible Assets	1 144 000	1 301 000	597 000	226 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 181 000	1 301 000	700 000	405 000
Stock	3 791 000	3 662 000	2 901 000	2 962 000
Total Investments	0	0	0	0
Cash, Bank	4 238 000	3 861 000	3 661 000	3 810 000
Total Current Assets	8 429 000	8 172 000	6 937 000	7 003 000
Total Assets	9 610 000	9 473 000	7 636 000	7 408 000
Total Equity	1 441 000	1 101 000	1 146 000	1 112 000
Short-Term Group Debt	785 000	0	1 408 000	1 729 000
Total Long-Term Debt	0	0	0	0
Creditors	5 821 000	6 633 000	3 444 000	2 615 000
Unpaid Taxes	403 000	746 000	502 000	649 000
Dividends	0	0	0	0
Other Current Debt	1 142 000	993 000	1 136 000	1 303 000
Total Current Debt	8 169 000	8 372 000	6 491 000	6 296 000
Total Equity and Debt	9 610 000	9 473 000	7 636 000	7 408 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,07 %	−4,09 %	103,32 %	89,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,42 %	0,07 %	1,99 %	1,73 %
Current Ratio	1,03	0,98	1,07	1,11
Quick Ratio	1,93	1,74	1,93	2,1
Equity Ratio	0,15	0,12	0,15	0,15
Gross Profit Margin	17,68 %	16,8 %	17,6 %	17,57 %