SØRLANDET BRØNNBORING AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

57,84 %

Current Ratio

2,2

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 279 000	25 381 000	20 309 000	17 892 000
Net Income	4 716 000	217 000	1 335 000	−1 900 000
Total Assets	14 282 000	9 662 000	7 509 000	6 228 000
Total Equity	8 153 000	3 437 000	3 219 000	2 384 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 279 000	25 381 000	20 309 000	17 892 000
Expenditure	27 139 000	25 012 000	18 504 000	20 207 000
Operating Profit	6 139 000	368 000	1 804 000	−2 315 000
Financial Income	0	2 000	5 000	1 000
Financial Costs	100 000	79 000	91 000	97 000
Financial Balance	−100 000	−77 000	−86 000	−96 000
Earnings Before Tax	6 039 000	290 000	1 719 000	−2 411 000
Tax	1 323 000	73 000	384 000	−511 000
Net Income	4 716 000	217 000	1 335 000	−1 900 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 773 000	2 841 000	3 347 000	2 688 000
Total Current Assets	11 509 000	6 822 000	4 162 000	3 540 000
Total Assets	14 282 000	9 662 000	7 509 000	6 228 000
Total Retained Equity	7 553 000	2 837 000	2 619 000	1 784 000
Total Equity	8 153 000	3 437 000	3 219 000	2 384 000
Total Long-Term Debt	895 000	1 285 000	727 000	586 000
Total Current Debt	5 234 000	4 941 000	3 563 000	3 258 000
Total Equity and Debt	14 282 000	9 662 000	7 509 000	6 228 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 269 000	25 381 000	18 705 000	17 892 000
Other Income	10 000	0	1 604 000	0
Revenue	33 279 000	25 381 000	20 309 000	17 892 000
Cost of Goods Sold	10 769 000	12 075 000	7 223 000	7 130 000
Salary Costs	6 159 000	5 263 000	4 738 000	4 679 000
Depreciation	477 000	540 000	383 000	355 000
Impairment	0	0	0	0
Expenditure	27 139 000	25 012 000	18 504 000	20 207 000
Operating Profit	6 139 000	368 000	1 804 000	−2 315 000
Financial Income	0	2 000	5 000	1 000
Financial Costs	100 000	79 000	91 000	97 000
Financial Balance	−100 000	−77 000	−86 000	−96 000
Dividends	0	0	500 000	0
Net Income	4 716 000	217 000	1 335 000	−1 900 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	199 000
Real Eastate	1 348 000	1 258 000	1 303 000	1 351 000
Machinery and Plant Facilities	0	0	426 000	554 000
Fixtures	1 410 000	367 000	0	0
Total Tangible Assets	2 758 000	2 825 000	3 331 000	2 473 000
Total Fiancial Fixed Assets	16 000	16 000	16 000	16 000
Total Fixed Assets	2 773 000	2 841 000	3 347 000	2 688 000
Stock	1 396 000	538 000	692 000	834 000
Total Investments	0	0	0	0
Cash, Bank	5 581 000	763 000	1 081 000	154 000
Total Current Assets	11 509 000	6 822 000	4 162 000	3 540 000
Total Assets	14 282 000	9 662 000	7 509 000	6 228 000
Total Equity	8 153 000	3 437 000	3 219 000	2 384 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	895 000	1 285 000	727 000	586 000
Creditors	1 174 000	3 295 000	2 338 000	732 000
Unpaid Taxes	2 061 000	797 000	324 000	458 000
Dividends	0	0	500 000	0
Other Current Debt	534 000	849 000	401 000	473 000
Total Current Debt	5 234 000	4 941 000	3 563 000	3 258 000
Total Equity and Debt	14 282 000	9 662 000	7 509 000	6 228 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,84 %	6,31 %	41,47 %	−79,7 %
Debt-to-Equity Ratio	0,11	0,37	0,23	0,25
Operating Profit Margin	18,45 %	1,45 %	8,88 %	−12,94 %
Current Ratio	2,2	1,38	1,17	1,09
Quick Ratio	3	1,55	1,45	1,46
Equity Ratio	0,57	0,36	0,43	0,38
Gross Profit Margin	67,64 %	52,43 %	64,43 %	60,15 %