SØRBØ HOVE AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

6,04 %

Current Ratio

1,45

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 680 000	15 927 000	83 936 000	24 777 000
Net Income	701 000	2 830 000	15 134 000	1 111 000
Total Assets	58 695 000	73 419 000	99 841 000	137 015 000
Total Equity	11 605 000	10 905 000	12 075 000	11 941 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 680 000	15 927 000	83 936 000	24 777 000
Expenditure	6 056 000	12 388 000	64 794 000	23 514 000
Operating Profit	625 000	3 539 000	19 142 000	1 263 000
Financial Income	274 000	100 000	261 000	161 000
Financial Costs	0	11 000	0	0
Financial Balance	274 000	89 000	261 000	161 000
Earnings Before Tax	898 000	3 628 000	19 403 000	1 424 000
Tax	198 000	798 000	4 269 000	313 000
Net Income	701 000	2 830 000	15 134 000	1 111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	58 695 000	73 419 000	99 841 000	137 015 000
Total Assets	58 695 000	73 419 000	99 841 000	137 015 000
Total Retained Equity	5 976 000	5 275 000	6 445 000	6 311 000
Total Equity	11 605 000	10 905 000	12 075 000	11 941 000
Total Long-Term Debt	6 538 000	6 340 000	9 501 000	12 706 000
Total Current Debt	40 552 000	56 174 000	78 265 000	112 369 000
Total Equity and Debt	58 695 000	73 419 000	99 841 000	137 015 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 680 000	15 927 000	83 936 000	24 777 000
Other Income	0	0	0	0
Revenue	6 680 000	15 927 000	83 936 000	24 777 000
Cost of Goods Sold	5 544 000	11 813 000	64 038 000	22 666 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 056 000	12 388 000	64 794 000	23 514 000
Operating Profit	625 000	3 539 000	19 142 000	1 263 000
Financial Income	274 000	100 000	261 000	161 000
Financial Costs	0	11 000	0	0
Financial Balance	274 000	89 000	261 000	161 000
Dividends	0	4 000 000	15 000 000	10 000 000
Net Income	701 000	2 830 000	15 134 000	1 111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	7 260 000	8 379 000	11 835 000	47 150 000
Total Investments	0	0	0	0
Cash, Bank	51 435 000	65 040 000	88 006 000	89 865 000
Total Current Assets	58 695 000	73 419 000	99 841 000	137 015 000
Total Assets	58 695 000	73 419 000	99 841 000	137 015 000
Total Equity	11 605 000	10 905 000	12 075 000	11 941 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 538 000	6 340 000	9 501 000	12 706 000
Creditors	65 000	1 413 000	2 365 000	2 194 000
Unpaid Taxes	0	0	0	0
Dividends	0	4 000 000	15 000 000	10 000 000
Other Current Debt	40 487 000	46 802 000	53 427 000	100 175 000
Total Current Debt	40 552 000	56 174 000	78 265 000	112 369 000
Total Equity and Debt	58 695 000	73 419 000	99 841 000	137 015 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,04 %	25,95 %	125,33 %	9,3 %
Debt-to-Equity Ratio	0,56	0,58	0,79	1,06
Operating Profit Margin	9,36 %	22,22 %	22,81 %	5,1 %
Current Ratio	1,45	1,31	1,28	1,22
Quick Ratio	1,76	1,54	1,5	2,1
Equity Ratio	0,2	0,15	0,12	0,09
Gross Profit Margin	17,01 %	25,83 %	23,71 %	8,52 %