SØRBY GARTNERI AS

3320 VESTFOSSEN

Finances

Return on Equity

10,22 %

Current Ratio

1,42

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 696 000	45 168 000	46 427 000	45 311 000
Net Income	449 000	−1 574 000	2 726 000	182 000
Total Assets	18 775 000	20 943 000	25 143 000	22 905 000
Total Equity	4 395 000	3 946 000	5 247 000	3 088 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 696 000	45 168 000	46 427 000	45 311 000
Expenditure	50 993 000	46 707 000	42 901 000	44 814 000
Operating Profit	702 000	−1 539 000	3 526 000	495 000
Financial Income	222 000	301 000	−67 000	212 000
Financial Costs	353 000	177 000	251 000	288 000
Financial Balance	−131 000	124 000	−318 000	−76 000
Earnings Before Tax	571 000	−1 414 000	3 208 000	420 000
Tax	122 000	160 000	482 000	237 000
Net Income	449 000	−1 574 000	2 726 000	182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 419 000	762 000	1 133 000	1 737 000
Total Current Assets	15 357 000	20 181 000	24 010 000	21 168 000
Total Assets	18 775 000	20 943 000	25 143 000	22 905 000
Total Retained Equity	4 295 000	3 846 000	5 147 000	2 988 000
Total Equity	4 395 000	3 946 000	5 247 000	3 088 000
Total Long-Term Debt	3 537 000	4 127 000	4 744 000	1 867 000
Total Current Debt	10 844 000	12 870 000	15 152 000	17 950 000
Total Equity and Debt	18 775 000	20 943 000	25 143 000	22 905 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 664 000	45 168 000	45 993 000	45 111 000
Other Income	31 000	0	433 000	200 000
Revenue	51 696 000	45 168 000	46 427 000	45 311 000
Cost of Goods Sold	19 367 000	17 629 000	17 001 000	15 835 000
Salary Costs	10 553 000	9 597 000	8 879 000	9 560 000
Depreciation	280 000	275 000	312 000	323 000
Impairment	0	0	0	0
Expenditure	50 993 000	46 707 000	42 901 000	44 814 000
Operating Profit	702 000	−1 539 000	3 526 000	495 000
Financial Income	222 000	301 000	−67 000	212 000
Financial Costs	353 000	177 000	251 000	288 000
Financial Balance	−131 000	124 000	−318 000	−76 000
Dividends	0	1 200 000	0	0
Net Income	449 000	−1 574 000	2 726 000	182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	679 000	918 000
Machinery and Plant Facilities	3 316 000	474 000	54 000	0
Fixtures	16 000	27 000	42 000	105 000
Total Tangible Assets	3 332 000	501 000	775 000	1 023 000
Total Fiancial Fixed Assets	87 000	261 000	357 000	714 000
Total Fixed Assets	3 419 000	762 000	1 133 000	1 737 000
Stock	3 520 000	3 028 000	2 380 000	2 330 000
Total Investments	21 000	5 000 000	14 891 000	0
Cash, Bank	5 427 000	3 638 000	2 936 000	2 459 000
Total Current Assets	15 357 000	20 181 000	24 010 000	21 168 000
Total Assets	18 775 000	20 943 000	25 143 000	22 905 000
Total Equity	4 395 000	3 946 000	5 247 000	3 088 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 537 000	4 127 000	4 744 000	1 867 000
Creditors	4 149 000	4 728 000	6 382 000	7 434 000
Unpaid Taxes	889 000	5 481 000	6 321 000	5 316 000
Dividends	0	1 200 000	0	0
Other Current Debt	5 684 000	2 661 000	2 127 000	5 189 000
Total Current Debt	10 844 000	12 870 000	15 152 000	17 950 000
Total Equity and Debt	18 775 000	20 943 000	25 143 000	22 905 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,22 %	−39,89 %	51,95 %	5,89 %
Debt-to-Equity Ratio	0,8	1,05	0,9	0,6
Operating Profit Margin	1,36 %	−3,41 %	7,59 %	1,09 %
Current Ratio	1,42	1,57	1,58	1,18
Quick Ratio	2,1	2,05	1,88	1,36
Equity Ratio	0,23	0,19	0,21	0,13
Gross Profit Margin	62,54 %	60,97 %	63,38 %	65,05 %