SØRUM ELEKTRO AS

1659 TORP

Finances

Share Ownership

Return on Equity

22,1 %

Current Ratio

2,05

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 223 000	10 184 000	9 709 000	6 856 000
Net Income	334 000	530 000	456 000	−947 000
Total Assets	3 587 000	4 199 000	3 379 000	2 071 000
Total Equity	1 511 000	1 878 000	1 348 000	891 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 223 000	10 184 000	9 709 000	6 856 000
Expenditure	10 778 000	9 487 000	9 120 000	6 929 000
Operating Profit	445 000	697 000	589 000	−73 000
Financial Income	15 000	2 000	10 000	19 000
Financial Costs	32 000	19 000	14 000	907 000
Financial Balance	−17 000	−17 000	−4 000	−888 000
Earnings Before Tax	428 000	680 000	585 000	−960 000
Tax	94 000	151 000	129 000	−12 000
Net Income	334 000	530 000	456 000	−947 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	510 000	526 000	658 000	40 000
Total Current Assets	3 078 000	3 674 000	2 721 000	2 031 000
Total Assets	3 587 000	4 199 000	3 379 000	2 071 000
Total Retained Equity	1 411 000	1 778 000	1 248 000	791 000
Total Equity	1 511 000	1 878 000	1 348 000	891 000
Total Long-Term Debt	572 000	590 000	650 000	0
Total Current Debt	1 504 000	1 732 000	1 380 000	1 180 000
Total Equity and Debt	3 587 000	4 199 000	3 379 000	2 071 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 070 000	10 158 000	9 709 000	6 855 000
Other Income	152 000	26 000	1 000	1 000
Revenue	11 223 000	10 184 000	9 709 000	6 856 000
Cost of Goods Sold	4 191 000	2 944 000	3 485 000	2 053 000
Salary Costs	5 368 000	5 382 000	4 485 000	4 054 000
Depreciation	150 000	132 000	13 000	38 000
Impairment	0	0	0	0
Expenditure	10 778 000	9 487 000	9 120 000	6 929 000
Operating Profit	445 000	697 000	589 000	−73 000
Financial Income	15 000	2 000	10 000	19 000
Financial Costs	32 000	19 000	14 000	907 000
Financial Balance	−17 000	−17 000	−4 000	−888 000
Dividends	700 000	0	0	0
Net Income	334 000	530 000	456 000	−947 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	26 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	510 000	526 000	658 000	14 000
Total Tangible Assets	510 000	526 000	658 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	510 000	526 000	658 000	40 000
Stock	447 000	672 000	408 000	452 000
Total Investments	0	0	0	0
Cash, Bank	971 000	1 745 000	1 247 000	618 000
Total Current Assets	3 078 000	3 674 000	2 721 000	2 031 000
Total Assets	3 587 000	4 199 000	3 379 000	2 071 000
Total Equity	1 511 000	1 878 000	1 348 000	891 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	572 000	590 000	650 000	0
Creditors	284 000	296 000	330 000	353 000
Unpaid Taxes	672 000	796 000	540 000	472 000
Dividends	700 000	0	0	0
Other Current Debt	474 000	485 000	431 000	354 000
Total Current Debt	1 504 000	1 732 000	1 380 000	1 180 000
Total Equity and Debt	3 587 000	4 199 000	3 379 000	2 071 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,1 %	28,22 %	33,83 %	−106,29 %
Debt-to-Equity Ratio	0,38	0,31	0,48	0
Operating Profit Margin	3,97 %	6,84 %	6,07 %	−1,06 %
Current Ratio	2,05	2,12	1,97	1,72
Quick Ratio	2,91	3,47	2,8	2,79
Equity Ratio	0,42	0,45	0,4	0,43
Gross Profit Margin	62,66 %	71,09 %	64,11 %	70,06 %