SØRENSEN INVEST AS

9406 HARSTAD

Finances

Share Ownership

Return on Equity

0,43 %

Current Ratio

10,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	120 000	120 000	105 000
Net Income	44 000	71 000	70 000	1 185 000
Total Assets	11 161 000	11 216 000	11 239 000	11 275 000
Total Equity	10 135 000	10 091 000	10 020 000	9 950 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	120 000	120 000	105 000
Expenditure	115 000	96 000	99 000	140 000
Operating Profit	5 000	24 000	21 000	−35 000
Financial Income	98 000	298 000	97 000	1 253 000
Financial Costs	45 000	242 000	35 000	20 000
Financial Balance	53 000	56 000	62 000	1 233 000
Earnings Before Tax	59 000	80 000	82 000	1 198 000
Tax	14 000	9 000	12 000	13 000
Net Income	44 000	71 000	70 000	1 185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	841 000	841 000	841 000	841 000
Total Current Assets	10 319 000	10 374 000	10 397 000	10 433 000
Total Assets	11 161 000	11 216 000	11 239 000	11 275 000
Total Retained Equity	7 135 000	7 091 000	7 020 000	6 950 000
Total Equity	10 135 000	10 091 000	10 020 000	9 950 000
Total Long-Term Debt	0	3 000	3 000	4 000
Total Current Debt	1 026 000	1 122 000	1 215 000	1 320 000
Total Equity and Debt	11 161 000	11 216 000	11 239 000	11 275 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	120 000	120 000	120 000	105 000
Revenue	120 000	120 000	120 000	105 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	115 000	96 000	99 000	140 000
Operating Profit	5 000	24 000	21 000	−35 000
Financial Income	98 000	298 000	97 000	1 253 000
Financial Costs	45 000	242 000	35 000	20 000
Financial Balance	53 000	56 000	62 000	1 233 000
Dividends	0	0	0	0
Net Income	44 000	71 000	70 000	1 185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	841 000	841 000	841 000	841 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	841 000	841 000	841 000	841 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	841 000	841 000	841 000	841 000
Stock	0	0	0	0
Total Investments	5 060 000	4 777 000	4 876 000	5 795 000
Cash, Bank	5 259 000	5 597 000	5 522 000	4 639 000
Total Current Assets	10 319 000	10 374 000	10 397 000	10 433 000
Total Assets	11 161 000	11 216 000	11 239 000	11 275 000
Total Equity	10 135 000	10 091 000	10 020 000	9 950 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	3 000	4 000
Creditors	1 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 008 000	1 112 000	1 202 000	1 305 000
Total Current Debt	1 026 000	1 122 000	1 215 000	1 320 000
Total Equity and Debt	11 161 000	11 216 000	11 239 000	11 275 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,43 %	0,7 %	0,7 %	11,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,17 %	20 %	17,5 %	−33,33 %
Current Ratio	10,06	9,25	8,56	7,9
Quick Ratio	10,06	9,25	8,56	7,9
Equity Ratio	0,91	0,9	0,89	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %