SØRUM BILSERVICE AS

1920 SØRUMSAND

Finances

Share Ownership

Return on Equity

4,72 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 305 000	9 021 000	8 862 000	8 270 000
Net Income	24 000	29 000	293 000	−5 000
Total Assets	1 597 000	1 242 000	1 410 000	1 145 000
Total Equity	508 000	484 000	455 000	162 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 305 000	9 021 000	8 862 000	8 270 000
Expenditure	9 274 000	8 984 000	8 486 000	8 281 000
Operating Profit	31 000	37 000	376 000	−11 000
Financial Income	1 000	1 000	0	5 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	5 000
Earnings Before Tax	31 000	37 000	376 000	−7 000
Tax	8 000	8 000	83 000	−1 000
Net Income	24 000	29 000	293 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	431 000	307 000	242 000	266 000
Total Current Assets	1 167 000	935 000	1 169 000	880 000
Total Assets	1 597 000	1 242 000	1 410 000	1 145 000
Total Retained Equity	407 000	383 000	354 000	61 000
Total Equity	508 000	484 000	455 000	162 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 090 000	758 000	955 000	983 000
Total Equity and Debt	1 597 000	1 242 000	1 410 000	1 145 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 205 000	9 019 000	8 836 000	8 252 000
Other Income	100 000	2 000	26 000	17 000
Revenue	9 305 000	9 021 000	8 862 000	8 270 000
Cost of Goods Sold	3 065 000	3 035 000	3 040 000	2 661 000
Salary Costs	2 986 000	3 197 000	3 201 000	3 275 000
Depreciation	97 000	66 000	52 000	42 000
Impairment	0	0	0	0
Expenditure	9 274 000	8 984 000	8 486 000	8 281 000
Operating Profit	31 000	37 000	376 000	−11 000
Financial Income	1 000	1 000	0	5 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	5 000
Dividends	0	0	0	0
Net Income	24 000	29 000	293 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	51 000	59 000	67 000	150 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	74 000
Fixtures	380 000	249 000	175 000	41 000
Total Tangible Assets	380 000	249 000	175 000	116 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	431 000	307 000	242 000	266 000
Stock	201 000	172 000	131 000	140 000
Total Investments	0	0	0	0
Cash, Bank	579 000	536 000	772 000	213 000
Total Current Assets	1 167 000	935 000	1 169 000	880 000
Total Assets	1 597 000	1 242 000	1 410 000	1 145 000
Total Equity	508 000	484 000	455 000	162 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	484 000	157 000	324 000	396 000
Unpaid Taxes	307 000	215 000	295 000	258 000
Dividends	0	0	0	0
Other Current Debt	299 000	386 000	336 000	329 000
Total Current Debt	1 090 000	758 000	955 000	983 000
Total Equity and Debt	1 597 000	1 242 000	1 410 000	1 145 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,72 %	5,99 %	64,4 %	−3,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,33 %	0,41 %	4,24 %	−0,13 %
Current Ratio	1,07	1,23	1,22	0,9
Quick Ratio	1,31	1,6	1,42	1,04
Equity Ratio	0,32	0,39	0,32	0,14
Gross Profit Margin	67,06 %	66,36 %	65,7 %	67,82 %