OLE SØRSKÅR AS

4130 HJELMELAND

Finances

Return on Equity

26,9 %

Current Ratio

2,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 005 000	2 066 000	1 651 000	1 595 000
Net Income	184 000	282 000	64 000	190 000
Total Assets	1 237 000	1 128 000	795 000	706 000
Total Equity	684 000	500 000	418 000	354 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 005 000	2 066 000	1 651 000	1 595 000
Expenditure	1 701 000	1 608 000	1 541 000	1 294 000
Operating Profit	304 000	458 000	109 000	301 000
Financial Income	140 000	21 000	32 000	9 000
Financial Costs	193 000	94 000	53 000	53 000
Financial Balance	−53 000	−73 000	−21 000	−44 000
Earnings Before Tax	251 000	385 000	89 000	257 000
Tax	67 000	103 000	24 000	67 000
Net Income	184 000	282 000	64 000	190 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 000	92 000	119 000	167 000
Total Current Assets	1 172 000	1 035 000	676 000	539 000
Total Assets	1 237 000	1 128 000	795 000	706 000
Total Retained Equity	584 000	400 000	318 000	254 000
Total Equity	684 000	500 000	418 000	354 000
Total Long-Term Debt	0	0	0	3 000
Total Current Debt	553 000	627 000	377 000	349 000
Total Equity and Debt	1 237 000	1 128 000	795 000	706 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 005 000	2 066 000	1 651 000	1 595 000
Other Income	0	0	0	0
Revenue	2 005 000	2 066 000	1 651 000	1 595 000
Cost of Goods Sold	19 000	78 000	0	0
Salary Costs	1 442 000	1 308 000	1 307 000	1 007 000
Depreciation	30 000	28 000	49 000	49 000
Impairment	0	0	0	0
Expenditure	1 701 000	1 608 000	1 541 000	1 294 000
Operating Profit	304 000	458 000	109 000	301 000
Financial Income	140 000	21 000	32 000	9 000
Financial Costs	193 000	94 000	53 000	53 000
Financial Balance	−53 000	−73 000	−21 000	−44 000
Dividends	0	200 000	0	200 000
Net Income	184 000	282 000	64 000	190 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	2 000	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	60 000	90 000	118 000	167 000
Total Tangible Assets	60 000	90 000	118 000	167 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	65 000	92 000	119 000	167 000
Stock	0	0	0	0
Total Investments	210 000	244 000	124 000	255 000
Cash, Bank	99 000	542 000	219 000	63 000
Total Current Assets	1 172 000	1 035 000	676 000	539 000
Total Assets	1 237 000	1 128 000	795 000	706 000
Total Equity	684 000	500 000	418 000	354 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	3 000
Creditors	4 000	6 000	2 000	5 000
Unpaid Taxes	317 000	286 000	209 000	174 000
Dividends	0	200 000	0	200 000
Other Current Debt	162 000	132 000	137 000	101 000
Total Current Debt	553 000	627 000	377 000	349 000
Total Equity and Debt	1 237 000	1 128 000	795 000	706 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,9 %	56,4 %	15,31 %	53,67 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	15,16 %	22,17 %	6,6 %	18,87 %
Current Ratio	2,12	1,65	1,79	1,54
Quick Ratio	2,12	1,65	1,79	1,54
Equity Ratio	0,55	0,44	0,53	0,5
Gross Profit Margin	99,05 %	96,22 %	100 %	100 %