TØMRERMESTER ROY SØRENSEN AS

1353 BÆRUMS VERK

Finances

Share Ownership

Return on Equity

−14,04 %

Current Ratio

2,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 801 000	1 824 000	2 115 000	3 139 000
Net Income	−56 000	−130 000	170 000	80 000
Total Assets	552 000	635 000	773 000	653 000
Total Equity	399 000	455 000	585 000	415 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 801 000	1 824 000	2 115 000	3 139 000
Expenditure	1 872 000	1 990 000	1 897 000	3 038 000
Operating Profit	−71 000	−166 000	218 000	102 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	1 000	0
Earnings Before Tax	−72 000	−167 000	218 000	102 000
Tax	−16 000	−36 000	48 000	22 000
Net Income	−56 000	−130 000	170 000	80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	233 000	276 000	300 000	0
Total Current Assets	319 000	359 000	473 000	653 000
Total Assets	552 000	635 000	773 000	653 000
Total Retained Equity	299 000	355 000	485 000	315 000
Total Equity	399 000	455 000	585 000	415 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	153 000	180 000	188 000	238 000
Total Equity and Debt	552 000	635 000	773 000	653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 801 000	1 824 000	2 101 000	3 139 000
Other Income	0	0	14 000	0
Revenue	1 801 000	1 824 000	2 115 000	3 139 000
Cost of Goods Sold	906 000	867 000	997 000	1 892 000
Salary Costs	531 000	618 000	473 000	687 000
Depreciation	59 000	60 000	5 000	0
Impairment	0	0	0	0
Expenditure	1 872 000	1 990 000	1 897 000	3 038 000
Operating Profit	−71 000	−166 000	218 000	102 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	1 000	0
Dividends	0	0	0	0
Net Income	−56 000	−130 000	170 000	80 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 000	36 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	181 000	240 000	300 000	0
Fixtures	0	0	0	0
Total Tangible Assets	181 000	240 000	300 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	233 000	276 000	300 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	167 000	322 000	295 000	459 000
Total Current Assets	319 000	359 000	473 000	653 000
Total Assets	552 000	635 000	773 000	653 000
Total Equity	399 000	455 000	585 000	415 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	100 000	40 000	35 000	62 000
Unpaid Taxes	35 000	69 000	34 000	82 000
Dividends	0	0	0	0
Other Current Debt	66 000	71 000	71 000	71 000
Total Current Debt	153 000	180 000	188 000	238 000
Total Equity and Debt	552 000	635 000	773 000	653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,04 %	−28,57 %	29,06 %	19,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,94 %	−9,1 %	10,31 %	3,25 %
Current Ratio	2,08	1,99	2,52	2,74
Quick Ratio	2,08	1,99	2,52	2,74
Equity Ratio	0,72	0,72	0,76	0,64
Gross Profit Margin	49,69 %	52,47 %	52,86 %	39,73 %