SØRENSEN ØSTLYNGEN MØBLER AS

0364 OSLO

Finances

Share Ownership

Return on Equity

10,42 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	986 000	970 000	613 000	701 000
Net Income	5 000	−14 000	−14 000	5 000
Total Assets	126 000	194 000	86 000	174 000
Total Equity	48 000	43 000	56 000	70 000

Income (NOK)	2022	2021	2020	2019
Revenue	986 000	970 000	613 000	701 000
Expenditure	977 000	986 000	628 000	698 000
Operating Profit	8 000	−15 000	−15 000	3 000
Financial Income	2 000	2 000	1 000	2 000
Financial Costs	5 000	0	0	0
Financial Balance	−3 000	2 000	1 000	2 000
Earnings Before Tax	5 000	−14 000	−14 000	5 000
Tax	0	0	0	0
Net Income	5 000	−14 000	−14 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	34 000	0	0
Total Current Assets	100 000	160 000	86 000	174 000
Total Assets	126 000	194 000	86 000	174 000
Total Retained Equity	−802 000	−807 000	−794 000	−780 000
Total Equity	48 000	43 000	56 000	70 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	78 000	152 000	30 000	103 000
Total Equity and Debt	126 000	194 000	86 000	174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	986 000	970 000	613 000	701 000
Other Income	0	0	0	0
Revenue	986 000	970 000	613 000	701 000
Cost of Goods Sold	612 000	629 000	356 000	400 000
Salary Costs	219 000	237 000	147 000	181 000
Depreciation	8 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	977 000	986 000	628 000	698 000
Operating Profit	8 000	−15 000	−15 000	3 000
Financial Income	2 000	2 000	1 000	2 000
Financial Costs	5 000	0	0	0
Financial Balance	−3 000	2 000	1 000	2 000
Dividends	0	0	0	0
Net Income	5 000	−14 000	−14 000	5 000

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	26 000	34 000	0	0
Total Tangible Assets	26 000	34 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 000	34 000	0	0
Stock	30 000	36 000	41 000	46 000
Total Investments	0	0	0	0
Cash, Bank	49 000	105 000	27 000	124 000
Total Current Assets	100 000	160 000	86 000	174 000
Total Assets	126 000	194 000	86 000	174 000
Total Equity	48 000	43 000	56 000	70 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	3 000	0	0
Unpaid Taxes	54 000	109 000	14 000	42 000
Dividends	0	0	0	0
Other Current Debt	23 000	39 000	16 000	61 000
Total Current Debt	78 000	152 000	30 000	103 000
Total Equity and Debt	126 000	194 000	86 000	174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,42 %	−32,56 %	−25 %	7,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,81 %	−1,55 %	−2,45 %	0,43 %
Current Ratio	1,28	1,05	2,87	1,69
Quick Ratio	2,08	1,38	−7,82	3,05
Equity Ratio	0,38	0,22	0,65	0,4
Gross Profit Margin	37,93 %	35,15 %	41,92 %	42,94 %