SØRLANDSSTIGEN AS

3263 LARVIK

Finances

Share Ownership

Return on Equity

37,94 %

Current Ratio

4,86

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 032 000	21 724 000	16 646 000	19 125 000
Net Income	3 608 000	1 868 000	2 035 000	1 492 000
Total Assets	13 525 000	12 196 000	9 223 000	8 203 000
Total Equity	9 511 000	7 069 000	5 651 000	3 616 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 032 000	21 724 000	16 646 000	19 125 000
Expenditure	16 200 000	19 081 000	13 788 000	16 972 000
Operating Profit	4 832 000	2 643 000	2 858 000	2 153 000
Financial Income	17 000	6 000	17 000	125 000
Financial Costs	139 000	360 000	195 000	205 000
Financial Balance	−122 000	−354 000	−178 000	−80 000
Earnings Before Tax	4 710 000	2 290 000	2 680 000	2 072 000
Tax	1 102 000	422 000	645 000	580 000
Net Income	3 608 000	1 868 000	2 035 000	1 492 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 349 000	1 678 000	1 204 000	402 000
Total Current Assets	12 176 000	10 518 000	8 019 000	7 801 000
Total Assets	13 525 000	12 196 000	9 223 000	8 203 000
Total Retained Equity	9 351 000	6 909 000	5 491 000	3 456 000
Total Equity	9 511 000	7 069 000	5 651 000	3 616 000
Total Long-Term Debt	1 511 000	1 774 000	1 717 000	115 000
Total Current Debt	2 503 000	3 352 000	1 855 000	4 472 000
Total Equity and Debt	13 525 000	12 196 000	9 223 000	8 203 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 032 000	21 691 000	16 577 000	19 065 000
Other Income	0	33 000	69 000	60 000
Revenue	21 032 000	21 724 000	16 646 000	19 125 000
Cost of Goods Sold	9 431 000	11 186 000	6 701 000	7 538 000
Salary Costs	2 784 000	3 144 000	2 659 000	2 947 000
Depreciation	432 000	339 000	233 000	192 000
Impairment	0	0	0	0
Expenditure	16 200 000	19 081 000	13 788 000	16 972 000
Operating Profit	4 832 000	2 643 000	2 858 000	2 153 000
Financial Income	17 000	6 000	17 000	125 000
Financial Costs	139 000	360 000	195 000	205 000
Financial Balance	−122 000	−354 000	−178 000	−80 000
Dividends	1 167 000	400 000	0	650 000
Net Income	3 608 000	1 868 000	2 035 000	1 492 000

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	1 349 000	1 678 000	1 204 000	402 000
Total Tangible Assets	1 349 000	1 678 000	1 204 000	402 000
Total Fiancial Fixed Assets	1 000	1 000	0	0
Total Fixed Assets	1 349 000	1 678 000	1 204 000	402 000
Stock	6 198 000	4 855 000	3 630 000	3 549 000
Total Investments	0	0	0	0
Cash, Bank	2 322 000	539 000	576 000	665 000
Total Current Assets	12 176 000	10 518 000	8 019 000	7 801 000
Total Assets	13 525 000	12 196 000	9 223 000	8 203 000
Total Equity	9 511 000	7 069 000	5 651 000	3 616 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 511 000	1 774 000	1 717 000	115 000
Creditors	195 000	342 000	206 000	774 000
Unpaid Taxes	962 000	1 086 000	737 000	623 000
Dividends	1 167 000	400 000	0	650 000
Other Current Debt	244 000	353 000	232 000	376 000
Total Current Debt	2 503 000	3 352 000	1 855 000	4 472 000
Total Equity and Debt	13 525 000	12 196 000	9 223 000	8 203 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,94 %	26,43 %	36,01 %	41,26 %
Debt-to-Equity Ratio	0,16	0,25	0,3	0,03
Operating Profit Margin	22,97 %	12,17 %	17,17 %	11,26 %
Current Ratio	4,86	3,14	4,32	1,74
Quick Ratio	−3,3	−7	−4,52	8,45
Equity Ratio	0,7	0,58	0,61	0,44
Gross Profit Margin	55,16 %	48,51 %	59,74 %	60,59 %