SORTLAND AUTO AS

8403 SORTLAND

Finances

Return on Equity

9,9 %

Current Ratio

2,07

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	106 092 000	105 559 000	123 924 000	99 782 000
Net Income	2 605 000	3 175 000	13 011 000	2 656 000
Total Assets	50 552 000	49 529 000	61 874 000	45 762 000
Total Equity	26 302 000	24 410 000	33 235 000	20 225 000

Income (NOK)	2022	2021	2020	2019
Revenue	106 092 000	105 559 000	123 924 000	99 782 000
Expenditure	102 675 000	101 422 000	106 665 000	95 833 000
Operating Profit	3 418 000	4 138 000	17 258 000	3 948 000
Financial Income	361 000	222 000	58 000	84 000
Financial Costs	439 000	288 000	635 000	626 000
Financial Balance	−78 000	−66 000	−577 000	−542 000
Earnings Before Tax	3 340 000	4 072 000	16 680 000	3 406 000
Tax	735 000	897 000	3 670 000	751 000
Net Income	2 605 000	3 175 000	13 011 000	2 656 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 125 000	24 420 000	22 578 000	24 275 000
Total Current Assets	27 428 000	25 109 000	39 296 000	21 487 000
Total Assets	50 552 000	49 529 000	61 874 000	45 762 000
Total Retained Equity	24 302 000	22 410 000	31 235 000	18 225 000
Total Equity	26 302 000	24 410 000	33 235 000	20 225 000
Total Long-Term Debt	10 971 000	12 342 000	17 202 000	16 796 000
Total Current Debt	13 279 000	12 777 000	11 437 000	8 742 000
Total Equity and Debt	50 552 000	49 529 000	61 874 000	45 762 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	106 092 000	105 559 000	111 675 000	99 782 000
Other Income	0	0	12 249 000	0
Revenue	106 092 000	105 559 000	123 924 000	99 782 000
Cost of Goods Sold	75 624 000	76 216 000	82 200 000	70 992 000
Salary Costs	14 188 000	13 129 000	12 240 000	13 367 000
Depreciation	2 680 000	2 235 000	2 277 000	2 125 000
Impairment	0	0	0	0
Expenditure	102 675 000	101 422 000	106 665 000	95 833 000
Operating Profit	3 418 000	4 138 000	17 258 000	3 948 000
Financial Income	361 000	222 000	58 000	84 000
Financial Costs	439 000	288 000	635 000	626 000
Financial Balance	−78 000	−66 000	−577 000	−542 000
Dividends	0	12 000 000	0	0
Net Income	2 605 000	3 175 000	13 011 000	2 656 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	573 000	3 197 000
Machinery and Plant Facilities	9 050 000	8 506 000	7 766 000	7 361 000
Fixtures	2 207 000	2 195 000	422 000	370 000
Total Tangible Assets	11 257 000	10 701 000	8 761 000	10 928 000
Total Fiancial Fixed Assets	11 868 000	13 719 000	13 817 000	13 347 000
Total Fixed Assets	23 125 000	24 420 000	22 578 000	24 275 000
Stock	15 231 000	9 223 000	10 894 000	11 581 000
Total Investments	0	0	0	0
Cash, Bank	2 229 000	6 978 000	9 722 000	6 105 000
Total Current Assets	27 428 000	25 109 000	39 296 000	21 487 000
Total Assets	50 552 000	49 529 000	61 874 000	45 762 000
Total Equity	26 302 000	24 410 000	33 235 000	20 225 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 971 000	12 342 000	17 202 000	16 796 000
Creditors	7 381 000	7 824 000	6 467 000	5 261 000
Unpaid Taxes	2 949 000	2 365 000	2 439 000	1 341 000
Dividends	0	12 000 000	0	0
Other Current Debt	2 272 000	1 475 000	1 295 000	1 465 000
Total Current Debt	13 279 000	12 777 000	11 437 000	8 742 000
Total Equity and Debt	50 552 000	49 529 000	61 874 000	45 762 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,9 %	13,01 %	39,15 %	13,13 %
Debt-to-Equity Ratio	0,42	0,51	0,52	0,83
Operating Profit Margin	3,22 %	3,92 %	13,93 %	3,96 %
Current Ratio	2,07	1,97	3,44	2,46
Quick Ratio	−14,05	7,06	72,37	−7,57
Equity Ratio	0,52	0,49	0,54	0,44
Gross Profit Margin	28,72 %	27,8 %	33,67 %	28,85 %