SØR FORSIKRING AS

4841 ARENDAL

Finances

Share Ownership

Return on Equity

88 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 017 000	13 707 000	13 673 000	13 397 000
Net Income	1 833 000	532 000	954 000	79 000
Total Assets	4 989 000	3 558 000	4 062 000	2 836 000
Total Equity	2 083 000	250 000	250 000	404 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 017 000	13 707 000	13 673 000	13 397 000
Expenditure	12 573 000	13 001 000	12 408 000	13 299 000
Operating Profit	2 443 000	707 000	1 265 000	98 000
Financial Income	2 000	6 000	8 000	12 000
Financial Costs	2 000	2 000	0	3 000
Financial Balance	0	4 000	8 000	9 000
Earnings Before Tax	2 444 000	711 000	1 272 000	107 000
Tax	611 000	178 000	318 000	28 000
Net Income	1 833 000	532 000	954 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	5 000	131 000	262 000
Total Current Assets	4 985 000	3 554 000	3 931 000	2 574 000
Total Assets	4 989 000	3 558 000	4 062 000	2 836 000
Total Retained Equity	1 833 000	0	0	154 000
Total Equity	2 083 000	250 000	250 000	404 000
Total Long-Term Debt	0	0	27 000	58 000
Total Current Debt	2 906 000	3 308 000	3 785 000	2 374 000
Total Equity and Debt	4 989 000	3 558 000	4 062 000	2 836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	15 017 000	13 707 000	13 673 000	13 397 000
Revenue	15 017 000	13 707 000	13 673 000	13 397 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 905 000	11 027 000	10 363 000	10 915 000
Depreciation	0	131 000	131 000	146 000
Impairment	0	0	0	0
Expenditure	12 573 000	13 001 000	12 408 000	13 299 000
Operating Profit	2 443 000	707 000	1 265 000	98 000
Financial Income	2 000	6 000	8 000	12 000
Financial Costs	2 000	2 000	0	3 000
Financial Balance	0	4 000	8 000	9 000
Dividends	0	532 000	1 109 000	0
Net Income	1 833 000	532 000	954 000	79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	5 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	131 000	262 000
Total Tangible Assets	0	0	131 000	262 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 000	5 000	131 000	262 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 218 000	1 443 000	2 180 000	1 228 000
Total Current Assets	4 985 000	3 554 000	3 931 000	2 574 000
Total Assets	4 989 000	3 558 000	4 062 000	2 836 000
Total Equity	2 083 000	250 000	250 000	404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	27 000	58 000
Creditors	35 000	166 000	128 000	105 000
Unpaid Taxes	757 000	763 000	631 000	722 000
Dividends	0	532 000	1 109 000	0
Other Current Debt	1 505 000	1 637 000	1 568 000	1 530 000
Total Current Debt	2 906 000	3 308 000	3 785 000	2 374 000
Total Equity and Debt	4 989 000	3 558 000	4 062 000	2 836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88 %	212,8 %	381,6 %	19,55 %
Debt-to-Equity Ratio	0	0	0,11	0,14
Operating Profit Margin	16,27 %	5,16 %	9,25 %	0,73 %
Current Ratio	1,72	1,07	1,04	1,08
Quick Ratio	1,72	1,07	1,04	1,08
Equity Ratio	0,42	0,07	0,06	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %