SORTLAND FLIS AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

−51,48 %

Current Ratio

1,67

Debt-to-Equity Ratio

0,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 731 000	10 210 000	11 803 000	11 147 000
Net Income	−505 000	−211 000	117 000	−327 000
Total Assets	4 052 000	3 224 000	3 871 000	3 604 000
Total Equity	981 000	1 486 000	1 697 000	1 580 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 731 000	10 210 000	11 803 000	11 147 000
Expenditure	10 346 000	10 467 000	11 627 000	11 543 000
Operating Profit	−615 000	−258 000	176 000	−397 000
Financial Income	3 000	8 000	4 000	21 000
Financial Costs	35 000	25 000	30 000	37 000
Financial Balance	−32 000	−17 000	−26 000	−16 000
Earnings Before Tax	−647 000	−274 000	150 000	−412 000
Tax	−142 000	−63 000	33 000	−85 000
Net Income	−505 000	−211 000	117 000	−327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	305 000	422 000	459 000	754 000
Total Current Assets	3 746 000	2 802 000	3 412 000	2 849 000
Total Assets	4 052 000	3 224 000	3 871 000	3 604 000
Total Retained Equity	731 000	1 236 000	1 447 000	1 330 000
Total Equity	981 000	1 486 000	1 697 000	1 580 000
Total Long-Term Debt	831 000	173 000	333 000	453 000
Total Current Debt	2 239 000	1 565 000	1 840 000	1 571 000
Total Equity and Debt	4 052 000	3 224 000	3 871 000	3 604 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 597 000	10 208 000	11 737 000	11 118 000
Other Income	135 000	2 000	67 000	28 000
Revenue	9 731 000	10 210 000	11 803 000	11 147 000
Cost of Goods Sold	5 456 000	6 284 000	7 605 000	7 145 000
Salary Costs	2 719 000	1 873 000	1 822 000	2 047 000
Depreciation	112 000	262 000	262 000	168 000
Impairment	0	0	0	0
Expenditure	10 346 000	10 467 000	11 627 000	11 543 000
Operating Profit	−615 000	−258 000	176 000	−397 000
Financial Income	3 000	8 000	4 000	21 000
Financial Costs	35 000	25 000	30 000	37 000
Financial Balance	−32 000	−17 000	−26 000	−16 000
Dividends	0	0	0	0
Net Income	−505 000	−211 000	117 000	−327 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	282 000	141 000	78 000	111 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 000	120 000	382 000	644 000
Total Tangible Assets	7 000	120 000	382 000	644 000
Total Fiancial Fixed Assets	15 000	162 000	0	0
Total Fixed Assets	305 000	422 000	459 000	754 000
Stock	1 842 000	1 453 000	1 460 000	1 363 000
Total Investments	0	0	0	0
Cash, Bank	1 575 000	900 000	746 000	817 000
Total Current Assets	3 746 000	2 802 000	3 412 000	2 849 000
Total Assets	4 052 000	3 224 000	3 871 000	3 604 000
Total Equity	981 000	1 486 000	1 697 000	1 580 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	831 000	173 000	333 000	453 000
Creditors	1 643 000	1 210 000	1 417 000	1 119 000
Unpaid Taxes	193 000	123 000	168 000	284 000
Dividends	0	0	0	0
Other Current Debt	404 000	232 000	255 000	182 000
Total Current Debt	2 239 000	1 565 000	1 840 000	1 571 000
Total Equity and Debt	4 052 000	3 224 000	3 871 000	3 604 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−51,48 %	−14,2 %	6,89 %	−20,7 %
Debt-to-Equity Ratio	0,85	0,12	0,2	0,29
Operating Profit Margin	−6,32 %	−2,53 %	1,49 %	−3,56 %
Current Ratio	1,67	1,79	1,85	1,81
Quick Ratio	9,44	25,02	8,98	13,7
Equity Ratio	0,24	0,46	0,44	0,44
Gross Profit Margin	43,93 %	38,45 %	35,57 %	35,9 %