C. SØRHEIM INVEST AS

5239 RÅDAL

Finances

Return on Equity

37,28 %

Current Ratio

2,34

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 860 000	25 154 000	19 820 000	19 441 000
Net Income	5 739 000	4 999 000	3 448 000	3 156 000
Total Assets	30 384 000	29 847 000	26 589 000	22 852 000
Total Equity	15 396 000	9 657 000	10 658 000	8 210 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 860 000	25 154 000	19 820 000	19 441 000
Expenditure	20 221 000	18 512 000	15 142 000	15 120 000
Operating Profit	8 640 000	6 642 000	4 677 000	4 322 000
Financial Income	123 000	141 000	144 000	138 000
Financial Costs	1 178 000	374 000	452 000	472 000
Financial Balance	−1 055 000	−233 000	−308 000	−334 000
Earnings Before Tax	7 585 000	6 410 000	4 368 000	3 987 000
Tax	1 846 000	1 411 000	921 000	831 000
Net Income	5 739 000	4 999 000	3 448 000	3 156 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 689 000	16 989 000	17 277 000	15 166 000
Total Current Assets	14 695 000	12 858 000	9 311 000	7 687 000
Total Assets	30 384 000	29 847 000	26 589 000	22 852 000
Total Retained Equity	15 196 000	9 457 000	10 458 000	8 010 000
Total Equity	15 396 000	9 657 000	10 658 000	8 210 000
Total Long-Term Debt	8 712 000	9 866 000	10 384 000	10 622 000
Total Current Debt	6 276 000	10 324 000	5 547 000	4 020 000
Total Equity and Debt	30 384 000	29 847 000	26 589 000	22 852 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 860 000	25 039 000	19 809 000	19 441 000
Other Income	0	115 000	11 000	0
Revenue	28 860 000	25 154 000	19 820 000	19 441 000
Cost of Goods Sold	3 636 000	4 439 000	3 241 000	1 852 000
Salary Costs	7 018 000	6 439 000	6 578 000	8 072 000
Depreciation	936 000	929 000	548 000	257 000
Impairment	0	0	0	0
Expenditure	20 221 000	18 512 000	15 142 000	15 120 000
Operating Profit	8 640 000	6 642 000	4 677 000	4 322 000
Financial Income	123 000	141 000	144 000	138 000
Financial Costs	1 178 000	374 000	452 000	472 000
Financial Balance	−1 055 000	−233 000	−308 000	−334 000
Dividends	0	6 000 000	1 000 000	0
Net Income	5 739 000	4 999 000	3 448 000	3 156 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 395 000	3 243 000	3 663 000	1 682 000
Total Tangible Assets	3 395 000	3 243 000	3 663 000	1 682 000
Total Fiancial Fixed Assets	12 294 000	13 746 000	13 614 000	13 483 000
Total Fixed Assets	15 689 000	16 989 000	17 277 000	15 166 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 411 000	8 757 000	6 438 000	4 271 000
Total Current Assets	14 695 000	12 858 000	9 311 000	7 687 000
Total Assets	30 384 000	29 847 000	26 589 000	22 852 000
Total Equity	15 396 000	9 657 000	10 658 000	8 210 000
Short-Term Group Debt	61 000	62 000	0	0
Total Long-Term Debt	8 712 000	9 866 000	10 384 000	10 622 000
Creditors	2 028 000	1 102 000	2 529 000	1 358 000
Unpaid Taxes	1 654 000	1 152 000	511 000	1 065 000
Dividends	0	6 000 000	1 000 000	0
Other Current Debt	662 000	6 578 000	651 000	767 000
Total Current Debt	6 276 000	10 324 000	5 547 000	4 020 000
Total Equity and Debt	30 384 000	29 847 000	26 589 000	22 852 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,28 %	51,77 %	32,35 %	38,44 %
Debt-to-Equity Ratio	0,57	1,02	0,97	1,29
Operating Profit Margin	29,94 %	26,41 %	23,6 %	22,23 %
Current Ratio	2,34	1,25	1,68	1,91
Quick Ratio	2,34	1,25	1,68	1,91
Equity Ratio	0,51	0,32	0,4	0,36
Gross Profit Margin	87,4 %	82,35 %	83,65 %	90,47 %