SØRENSEN & TUNGE AS

4318 SANDNES

Finances

Share Ownership

Return on Equity

35,51 %

Current Ratio

2,98

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 223 000	5 405 000	4 299 000	4 336 000
Net Income	870 000	1 008 000	553 000	444 000
Total Assets	3 635 000	3 132 000	2 661 000	2 244 000
Total Equity	2 450 000	1 980 000	1 472 000	1 219 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 223 000	5 405 000	4 299 000	4 336 000
Expenditure	4 088 000	4 114 000	3 590 000	3 769 000
Operating Profit	1 109 000	1 290 000	710 000	567 000
Financial Income	6 000	2 000	3 000	3 000
Financial Costs	0	0	0	0
Financial Balance	6 000	2 000	3 000	3 000
Earnings Before Tax	1 116 000	1 292 000	713 000	570 000
Tax	245 000	284 000	160 000	126 000
Net Income	870 000	1 008 000	553 000	444 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	177 000	114 000	13 000	29 000
Total Current Assets	3 457 000	3 018 000	2 648 000	2 215 000
Total Assets	3 635 000	3 132 000	2 661 000	2 244 000
Total Retained Equity	2 219 000	1 749 000	1 242 000	989 000
Total Equity	2 450 000	1 980 000	1 472 000	1 219 000
Total Long-Term Debt	23 000	2 000	0	0
Total Current Debt	1 162 000	1 150 000	1 189 000	1 025 000
Total Equity and Debt	3 635 000	3 132 000	2 661 000	2 244 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 178 000	5 405 000	4 254 000	4 336 000
Other Income	45 000	0	45 000	0
Revenue	5 223 000	5 405 000	4 299 000	4 336 000
Cost of Goods Sold	854 000	748 000	691 000	675 000
Salary Costs	2 436 000	2 676 000	2 233 000	2 518 000
Depreciation	27 000	11 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	4 088 000	4 114 000	3 590 000	3 769 000
Operating Profit	1 109 000	1 290 000	710 000	567 000
Financial Income	6 000	2 000	3 000	3 000
Financial Costs	0	0	0	0
Financial Balance	6 000	2 000	3 000	3 000
Dividends	0	0	300 000	300 000
Net Income	870 000	1 008 000	553 000	444 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	7 000	18 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	177 000	114 000	6 000	11 000
Total Tangible Assets	177 000	114 000	6 000	11 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	177 000	114 000	13 000	29 000
Stock	0	26 000	0	0
Total Investments	0	0	0	0
Cash, Bank	2 330 000	1 998 000	1 816 000	1 447 000
Total Current Assets	3 457 000	3 018 000	2 648 000	2 215 000
Total Assets	3 635 000	3 132 000	2 661 000	2 244 000
Total Equity	2 450 000	1 980 000	1 472 000	1 219 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 000	2 000	0	0
Creditors	114 000	114 000	94 000	106 000
Unpaid Taxes	599 000	541 000	391 000	306 000
Dividends	0	0	300 000	300 000
Other Current Debt	224 000	220 000	255 000	213 000
Total Current Debt	1 162 000	1 150 000	1 189 000	1 025 000
Total Equity and Debt	3 635 000	3 132 000	2 661 000	2 244 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,51 %	50,91 %	37,57 %	36,42 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	21,23 %	23,87 %	16,52 %	13,08 %
Current Ratio	2,98	2,62	2,23	2,16
Quick Ratio	2,98	2,69	2,23	2,16
Equity Ratio	0,67	0,63	0,55	0,54
Gross Profit Margin	83,65 %	86,16 %	83,93 %	84,43 %