SØRUM TREVARE AS

3262 LARVIK

Finances

Share Ownership

Return on Equity

48,14 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 157 000	10 581 000	9 240 000	8 669 000
Net Income	791 000	438 000	277 000	−132 000
Total Assets	6 355 000	5 433 000	4 874 000	4 728 000
Total Equity	1 643 000	3 852 000	3 415 000	3 138 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 157 000	10 581 000	9 240 000	8 669 000
Expenditure	12 153 000	10 022 000	8 895 000	8 867 000
Operating Profit	1 003 000	560 000	345 000	−199 000
Financial Income	11 000	3 000	10 000	30 000
Financial Costs	1 000	0	0	0
Financial Balance	10 000	3 000	10 000	30 000
Earnings Before Tax	1 014 000	562 000	355 000	−169 000
Tax	223 000	124 000	78 000	−37 000
Net Income	791 000	438 000	277 000	−132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	822 000	823 000	857 000	523 000
Total Current Assets	5 533 000	4 609 000	4 017 000	4 205 000
Total Assets	6 355 000	5 433 000	4 874 000	4 728 000
Total Retained Equity	1 093 000	3 302 000	2 865 000	2 588 000
Total Equity	1 643 000	3 852 000	3 415 000	3 138 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 712 000	1 580 000	1 459 000	1 590 000
Total Equity and Debt	6 355 000	5 433 000	4 874 000	4 728 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 157 000	10 581 000	9 240 000	8 669 000
Other Income	0	0	0	0
Revenue	13 157 000	10 581 000	9 240 000	8 669 000
Cost of Goods Sold	9 201 000	7 546 000	6 304 000	6 397 000
Salary Costs	1 974 000	1 674 000	1 632 000	1 985 000
Depreciation	58 000	48 000	14 000	21 000
Impairment	0	0	0	0
Expenditure	12 153 000	10 022 000	8 895 000	8 867 000
Operating Profit	1 003 000	560 000	345 000	−199 000
Financial Income	11 000	3 000	10 000	30 000
Financial Costs	1 000	0	0	0
Financial Balance	10 000	3 000	10 000	30 000
Dividends	3 000 000	0	0	0
Net Income	791 000	438 000	277 000	−132 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	47 000	47 000	32 000	54 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	3 000
Fixtures	355 000	356 000	404 000	46 000
Total Tangible Assets	355 000	356 000	404 000	49 000
Total Fiancial Fixed Assets	420 000	420 000	420 000	420 000
Total Fixed Assets	822 000	823 000	857 000	523 000
Stock	53 000	121 000	50 000	50 000
Total Investments	0	0	0	0
Cash, Bank	4 790 000	4 040 000	3 445 000	3 572 000
Total Current Assets	5 533 000	4 609 000	4 017 000	4 205 000
Total Assets	6 355 000	5 433 000	4 874 000	4 728 000
Total Equity	1 643 000	3 852 000	3 415 000	3 138 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	739 000	666 000	832 000	805 000
Unpaid Taxes	349 000	447 000	308 000	475 000
Dividends	3 000 000	0	0	0
Other Current Debt	400 000	328 000	264 000	309 000
Total Current Debt	4 712 000	1 580 000	1 459 000	1 590 000
Total Equity and Debt	6 355 000	5 433 000	4 874 000	4 728 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,14 %	11,37 %	8,11 %	−4,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,62 %	5,29 %	3,73 %	−2,3 %
Current Ratio	1,17	2,92	2,75	2,64
Quick Ratio	1,19	3,16	2,85	2,73
Equity Ratio	0,26	0,71	0,7	0,66
Gross Profit Margin	30,07 %	28,68 %	31,77 %	26,21 %