SOR-TEC AS

3209 SANDEFJORD

Finances

Share Ownership

Return on Equity

21,05 %

Current Ratio

1,71

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 977 000	6 106 000	6 583 000	6 689 000
Net Income	308 000	−167 000	12 000	378 000
Total Assets	3 155 000	2 242 000	2 249 000	2 125 000
Total Equity	1 463 000	1 155 000	1 321 000	1 309 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 977 000	6 106 000	6 583 000	6 689 000
Expenditure	7 756 000	6 327 000	6 490 000	6 212 000
Operating Profit	311 000	−171 000	93 000	477 000
Financial Income	21 000	18 000	0	15 000
Financial Costs	23 000	14 000	5 000	7 000
Financial Balance	−2 000	4 000	−5 000	8 000
Earnings Before Tax	308 000	−167 000	88 000	485 000
Tax	0	0	76 000	107 000
Net Income	308 000	−167 000	12 000	378 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	446 000	520 000	484 000	654 000
Total Current Assets	2 709 000	1 723 000	1 766 000	1 472 000
Total Assets	3 155 000	2 242 000	2 249 000	2 125 000
Total Retained Equity	963 000	655 000	821 000	809 000
Total Equity	1 463 000	1 155 000	1 321 000	1 309 000
Total Long-Term Debt	103 000	−28 000	0	39 000
Total Current Debt	1 588 000	1 115 000	928 000	778 000
Total Equity and Debt	3 155 000	2 242 000	2 249 000	2 125 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 967 000	6 098 000	6 645 000	6 624 000
Other Income	10 000	8 000	−62 000	65 000
Revenue	7 977 000	6 106 000	6 583 000	6 689 000
Cost of Goods Sold	3 016 000	2 138 000	2 351 000	1 932 000
Salary Costs	2 480 000	2 541 000	2 098 000	2 483 000
Depreciation	127 000	148 000	118 000	120 000
Impairment	0	0	0	0
Expenditure	7 756 000	6 327 000	6 490 000	6 212 000
Operating Profit	311 000	−171 000	93 000	477 000
Financial Income	21 000	18 000	0	15 000
Financial Costs	23 000	14 000	5 000	7 000
Financial Balance	−2 000	4 000	−5 000	8 000
Dividends	0	0	0	0
Net Income	308 000	−167 000	12 000	378 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	375 000	454 000	537 000
Machinery and Plant Facilities	307 000	0	0	0
Fixtures	139 000	198 000	62 000	97 000
Total Tangible Assets	446 000	573 000	516 000	634 000
Total Fiancial Fixed Assets	0	−54 000	−32 000	20 000
Total Fixed Assets	446 000	520 000	484 000	654 000
Stock	632 000	302 000	252 000	202 000
Total Investments	0	0	0	0
Cash, Bank	550 000	233 000	257 000	315 000
Total Current Assets	2 709 000	1 723 000	1 766 000	1 472 000
Total Assets	3 155 000	2 242 000	2 249 000	2 125 000
Total Equity	1 463 000	1 155 000	1 321 000	1 309 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	103 000	−28 000	0	39 000
Creditors	607 000	273 000	242 000	165 000
Unpaid Taxes	433 000	422 000	330 000	236 000
Dividends	0	0	0	0
Other Current Debt	548 000	421 000	280 000	247 000
Total Current Debt	1 588 000	1 115 000	928 000	778 000
Total Equity and Debt	3 155 000	2 242 000	2 249 000	2 125 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,05 %	−14,46 %	0,91 %	28,88 %
Debt-to-Equity Ratio	0,07	−0,02	0	0,03
Operating Profit Margin	3,9 %	−2,8 %	1,41 %	7,13 %
Current Ratio	1,71	1,55	1,9	1,89
Quick Ratio	2,83	2,12	2,61	2,56
Equity Ratio	0,46	0,52	0,59	0,62
Gross Profit Margin	62,19 %	64,99 %	64,29 %	71,12 %