SORTLAND BIL AS

8402 SORTLAND

Finances

Return on Equity

−122,88 %

Current Ratio

0,88

Debt-to-Equity Ratio

3,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 026 000	9 775 000	10 010 000	9 758 000
Net Income	−1 128 000	−278 000	749 000	982 000
Total Assets	7 225 000	7 766 000	4 120 000	4 261 000
Total Equity	918 000	1 046 000	1 324 000	1 277 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 026 000	9 775 000	10 010 000	9 758 000
Expenditure	11 259 000	9 967 000	9 029 000	8 472 000
Operating Profit	−1 232 000	−193 000	981 000	1 286 000
Financial Income	0	0	0	0
Financial Costs	214 000	163 000	22 000	27 000
Financial Balance	−214 000	−163 000	−22 000	−27 000
Earnings Before Tax	−1 447 000	−356 000	960 000	1 259 000
Tax	−318 000	−78 000	211 000	277 000
Net Income	−1 128 000	−278 000	749 000	982 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 299 000	4 746 000	1 681 000	1 780 000
Total Current Assets	2 926 000	3 020 000	2 439 000	2 481 000
Total Assets	7 225 000	7 766 000	4 120 000	4 261 000
Total Retained Equity	0	751 000	1 029 000	982 000
Total Equity	918 000	1 046 000	1 324 000	1 277 000
Total Long-Term Debt	3 000 000	3 900 000	441 000	651 000
Total Current Debt	3 307 000	2 820 000	2 355 000	2 333 000
Total Equity and Debt	7 225 000	7 766 000	4 120 000	4 261 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 026 000	9 775 000	10 010 000	9 758 000
Other Income	0	0	0	0
Revenue	10 026 000	9 775 000	10 010 000	9 758 000
Cost of Goods Sold	2 710 000	2 525 000	2 949 000	2 775 000
Salary Costs	4 721 000	4 252 000	3 785 000	3 377 000
Depreciation	766 000	601 000	425 000	409 000
Impairment	0	0	0	0
Expenditure	11 259 000	9 967 000	9 029 000	8 472 000
Operating Profit	−1 232 000	−193 000	981 000	1 286 000
Financial Income	0	0	0	0
Financial Costs	214 000	163 000	22 000	27 000
Financial Balance	−214 000	−163 000	−22 000	−27 000
Dividends	0	0	0	0
Net Income	−1 128 000	−278 000	749 000	982 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	356 000	38 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 941 000	4 707 000	1 679 000	1 778 000
Total Tangible Assets	3 941 000	4 707 000	1 679 000	1 778 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	4 299 000	4 746 000	1 681 000	1 780 000
Stock	485 000	480 000	505 000	580 000
Total Investments	0	0	0	0
Cash, Bank	989 000	2 169 000	1 274 000	1 510 000
Total Current Assets	2 926 000	3 020 000	2 439 000	2 481 000
Total Assets	7 225 000	7 766 000	4 120 000	4 261 000
Total Equity	918 000	1 046 000	1 324 000	1 277 000
Short-Term Group Debt	1 477 000	1 289 000	900 000	0
Total Long-Term Debt	3 000 000	3 900 000	441 000	651 000
Creditors	436 000	432 000	347 000	410 000
Unpaid Taxes	453 000	321 000	396 000	432 000
Dividends	0	0	0	0
Other Current Debt	941 000	778 000	691 000	1 386 000
Total Current Debt	3 307 000	2 820 000	2 355 000	2 333 000
Total Equity and Debt	7 225 000	7 766 000	4 120 000	4 261 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−122,88 %	−26,58 %	56,57 %	76,9 %
Debt-to-Equity Ratio	3,27	3,73	0,33	0,51
Operating Profit Margin	−12,29 %	−1,97 %	9,8 %	13,18 %
Current Ratio	0,88	1,07	1,04	1,06
Quick Ratio	1,04	1,29	1,32	1,42
Equity Ratio	0,13	0,13	0,32	0,3
Gross Profit Margin	72,97 %	74,17 %	70,54 %	71,56 %