SUMITOMO CORPORATION EUROPE LIMITED NORWAY BRANCH

0255 OSLO

Finances

Share Ownership

Return on Equity

9,64 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (USD)	2023	2022	2021	2020
Revenue	256 560 000	267 611 000	277 012 000	313 401 000
Net Income	11 630 000	17 481 000	21 704 000	16 555 000
Total Assets	336 799 000	342 300 000	291 818 000	286 460 000
Total Equity	120 638 000	109 758 000	92 643 000	72 681 000

Income (USD)	2023	2022	2021	2020
Revenue	256 560 000	267 611 000	277 012 000	313 401 000
Expenditure	234 645 000	241 758 000	246 394 000	284 700 000
Operating Profit	21 915 000	25 852 000	30 618 000	28 701 000
Financial Income	10 213 000	24 022 000	29 000	143 000
Financial Costs	16 730 000	25 881 000	5 477 000	4 107 000
Financial Balance	−6 517 000	−1 859 000	−5 448 000	−3 964 000
Earnings Before Tax	15 399 000	23 993 000	25 169 000	24 737 000
Tax	3 768 000	6 512 000	3 465 000	8 182 000
Net Income	11 630 000	17 481 000	21 704 000	16 555 000

Balance (USD)	2023	2022	2021	2020
Total Fixed Assets	382 000	577 000	877 000	2 050 000
Total Current Assets	336 416 000	341 724 000	290 941 000	284 410 000
Total Assets	336 799 000	342 300 000	291 818 000	286 460 000
Total Retained Equity	120 638 000	109 758 000	92 643 000	72 681 000
Total Equity	120 638 000	109 758 000	92 643 000	72 681 000
Total Long-Term Debt	35 000	48 000	29 000	0
Total Current Debt	216 125 000	232 495 000	199 145 000	213 779 000
Total Equity and Debt	336 799 000	342 300 000	291 818 000	286 460 000

Cash flow (USD)	2023	2022	2021	2020
Sales Income	256 559 000	267 609 000	276 995 000	313 349 000
Other Income	0	3 000	18 000	52 000
Revenue	256 560 000	267 611 000	277 012 000	313 401 000
Cost of Goods Sold	220 127 000	228 859 000	231 781 000	269 232 000
Salary Costs	4 570 000	5 111 000	4 243 000	3 776 000
Depreciation	282 000	278 000	304 000	243 000
Impairment	0	0	0	0
Expenditure	234 645 000	241 758 000	246 394 000	284 700 000
Operating Profit	21 915 000	25 852 000	30 618 000	28 701 000
Financial Income	10 213 000	24 022 000	29 000	143 000
Financial Costs	16 730 000	25 881 000	5 477 000	4 107 000
Financial Balance	−6 517 000	−1 859 000	−5 448 000	−3 964 000
Dividends	0	0	0	0
Net Income	11 630 000	17 481 000	21 704 000	16 555 000

Balance details (USD)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	94 000	133 000	277 000	272 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	288 000	443 000	600 000	734 000
Total Tangible Assets	288 000	443 000	600 000	734 000
Total Fiancial Fixed Assets	0	0	0	1 044 000
Total Fixed Assets	382 000	577 000	877 000	2 050 000
Stock	205 570 000	219 873 000	210 785 000	223 748 000
Total Investments	0	0	0	0
Cash, Bank	1 000	294 000	838 000	6 000
Total Current Assets	336 416 000	341 724 000	290 941 000	284 410 000
Total Assets	336 799 000	342 300 000	291 818 000	286 460 000
Total Equity	120 638 000	109 758 000	92 643 000	72 681 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 000	48 000	29 000	0
Creditors	32 835 000	41 096 000	38 022 000	47 267 000
Unpaid Taxes	1 328 000	317 000	308 000	148 000
Dividends	0	0	0	0
Other Current Debt	175 108 000	183 206 000	153 273 000	160 199 000
Total Current Debt	216 125 000	232 495 000	199 145 000	213 779 000
Total Equity and Debt	336 799 000	342 300 000	291 818 000	286 460 000

Financial indicators	2023	2022	2021	2020
Return on Equity	9,64 %	15,93 %	23,43 %	22,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,54 %	9,66 %	11,05 %	9,16 %
Current Ratio	1,56	1,47	1,46	1,33
Quick Ratio	31,87	27,07	−24,99	−28,53
Equity Ratio	0,36	0,32	0,32	0,25
Gross Profit Margin	14,2 %	14,48 %	16,33 %	14,09 %