SOTRA CONTRACTING AS

5363 ÅGOTNES

Finances

Share Ownership

Return on Equity

18,03 %

Current Ratio

2,11

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 092 000	44 184 000	30 937 000	53 562 000
Net Income	2 080 000	415 000	−2 797 000	4 247 000
Total Assets	22 445 000	23 135 000	18 089 000	24 322 000
Total Equity	11 539 000	10 624 000	10 624 000	11 538 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 092 000	44 184 000	30 937 000	53 562 000
Expenditure	45 388 000	43 547 000	34 441 000	48 027 000
Operating Profit	2 703 000	637 000	−3 504 000	5 535 000
Financial Income	46 000	2 000	21 000	21 000
Financial Costs	80 000	104 000	102 000	111 000
Financial Balance	−34 000	−102 000	−81 000	−90 000
Earnings Before Tax	2 669 000	534 000	−3 585 000	5 445 000
Tax	589 000	119 000	−788 000	1 198 000
Net Income	2 080 000	415 000	−2 797 000	4 247 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 157 000	2 310 000	2 009 000	1 916 000
Total Current Assets	20 288 000	20 825 000	16 080 000	22 406 000
Total Assets	22 445 000	23 135 000	18 089 000	24 322 000
Total Retained Equity	915 000	0	0	−2 086 000
Total Equity	11 539 000	10 624 000	10 624 000	11 538 000
Total Long-Term Debt	1 291 000	1 630 000	1 340 000	1 982 000
Total Current Debt	9 615 000	10 881 000	6 125 000	10 803 000
Total Equity and Debt	22 445 000	23 135 000	18 089 000	24 322 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 087 000	44 164 000	30 143 000	53 482 000
Other Income	5 000	20 000	793 000	80 000
Revenue	48 092 000	44 184 000	30 937 000	53 562 000
Cost of Goods Sold	13 593 000	12 912 000	7 651 000	19 693 000
Salary Costs	21 063 000	21 137 000	18 397 000	19 063 000
Depreciation	773 000	653 000	567 000	654 000
Impairment	0	0	0	0
Expenditure	45 388 000	43 547 000	34 441 000	48 027 000
Operating Profit	2 703 000	637 000	−3 504 000	5 535 000
Financial Income	46 000	2 000	21 000	21 000
Financial Costs	80 000	104 000	102 000	111 000
Financial Balance	−34 000	−102 000	−81 000	−90 000
Dividends	0	629 000	0	0
Net Income	2 080 000	415 000	−2 797 000	4 247 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	400 000	527 000	310 000	52 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 125 000	1 426 000	1 251 000	1 697 000
Fixtures	631 000	357 000	448 000	167 000
Total Tangible Assets	1 757 000	1 784 000	1 699 000	1 864 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 157 000	2 310 000	2 009 000	1 916 000
Stock	349 000	304 000	247 000	453 000
Total Investments	0	0	0	0
Cash, Bank	3 732 000	708 000	3 697 000	6 384 000
Total Current Assets	20 288 000	20 825 000	16 080 000	22 406 000
Total Assets	22 445 000	23 135 000	18 089 000	24 322 000
Total Equity	11 539 000	10 624 000	10 624 000	11 538 000
Short-Term Group Debt	1 165 000	0	0	3 000 000
Total Long-Term Debt	1 291 000	1 630 000	1 340 000	1 982 000
Creditors	2 407 000	2 716 000	2 440 000	2 316 000
Unpaid Taxes	1 933 000	3 740 000	1 587 000	2 347 000
Dividends	0	629 000	0	0
Other Current Debt	3 629 000	4 425 000	2 099 000	2 763 000
Total Current Debt	9 615 000	10 881 000	6 125 000	10 803 000
Total Equity and Debt	22 445 000	23 135 000	18 089 000	24 322 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,03 %	3,91 %	−26,33 %	36,81 %
Debt-to-Equity Ratio	0,11	0,15	0,13	0,17
Operating Profit Margin	5,62 %	1,44 %	−11,33 %	10,33 %
Current Ratio	2,11	1,91	2,63	2,07
Quick Ratio	2,19	1,97	2,74	2,16
Equity Ratio	0,51	0,46	0,59	0,47
Gross Profit Margin	71,74 %	70,78 %	75,27 %	63,23 %