SØRGÅRD TEKNISK SERVICE AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

−38,51 %

Current Ratio

1,73

Debt-to-Equity Ratio

1,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 869 000	1 693 000	1 552 000	1 307 000
Net Income	−129 000	41 000	205 000	−189 000
Total Assets	1 348 000	990 000	1 229 000	977 000
Total Equity	335 000	464 000	573 000	368 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 869 000	1 693 000	1 552 000	1 307 000
Expenditure	1 987 000	1 634 000	1 280 000	1 536 000
Operating Profit	−151 000	59 000	272 000	−230 000
Financial Income	0	0	0	0
Financial Costs	15 000	6 000	9 000	12 000
Financial Balance	−15 000	−6 000	−9 000	−12 000
Earnings Before Tax	−165 000	53 000	264 000	−242 000
Tax	−36 000	12 000	58 000	−53 000
Net Income	−129 000	41 000	205 000	−189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	543 000	75 000	233 000	431 000
Total Current Assets	804 000	915 000	996 000	546 000
Total Assets	1 348 000	990 000	1 229 000	977 000
Total Retained Equity	115 000	244 000	353 000	148 000
Total Equity	335 000	464 000	573 000	368 000
Total Long-Term Debt	549 000	225 000	296 000	364 000
Total Current Debt	464 000	301 000	360 000	245 000
Total Equity and Debt	1 348 000	990 000	1 229 000	977 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 869 000	1 693 000	1 552 000	1 307 000
Other Income	0	0	0	0
Revenue	1 869 000	1 693 000	1 552 000	1 307 000
Cost of Goods Sold	776 000	578 000	394 000	390 000
Salary Costs	665 000	559 000	408 000	669 000
Depreciation	8 000	171 000	171 000	171 000
Impairment	0	0	0	0
Expenditure	1 987 000	1 634 000	1 280 000	1 536 000
Operating Profit	−151 000	59 000	272 000	−230 000
Financial Income	0	0	0	0
Financial Costs	15 000	6 000	9 000	12 000
Financial Balance	−15 000	−6 000	−9 000	−12 000
Dividends	0	0	0	0
Net Income	−129 000	41 000	205 000	−189 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	94 000	58 000	35 000	52 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	443 000	0	171 000	342 000
Total Tangible Assets	443 000	0	171 000	342 000
Total Fiancial Fixed Assets	7 000	17 000	27 000	37 000
Total Fixed Assets	543 000	75 000	233 000	431 000
Stock	67 000	77 000	180 000	116 000
Total Investments	0	0	0	0
Cash, Bank	326 000	653 000	448 000	255 000
Total Current Assets	804 000	915 000	996 000	546 000
Total Assets	1 348 000	990 000	1 229 000	977 000
Total Equity	335 000	464 000	573 000	368 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	549 000	225 000	296 000	364 000
Creditors	181 000	38 000	31 000	17 000
Unpaid Taxes	151 000	144 000	238 000	112 000
Dividends	0	0	0	0
Other Current Debt	131 000	84 000	50 000	116 000
Total Current Debt	464 000	301 000	360 000	245 000
Total Equity and Debt	1 348 000	990 000	1 229 000	977 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,51 %	8,84 %	35,78 %	−51,36 %
Debt-to-Equity Ratio	1,64	0,48	0,52	0,99
Operating Profit Margin	−8,08 %	3,48 %	17,53 %	−17,6 %
Current Ratio	1,73	3,04	2,77	2,23
Quick Ratio	2,03	4,08	5,53	4,23
Equity Ratio	0,25	0,47	0,47	0,38
Gross Profit Margin	58,48 %	65,86 %	74,61 %	70,16 %