SØRUMSAND TRÆVARE FABRIK AS

1920 SØRUMSAND

Finances

Share Ownership

Return on Equity

−2,46 %

Current Ratio

0,63

Debt-to-Equity Ratio

1,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 673 000	1 567 000	1 207 000	1 245 000
Net Income	−224 000	−932 000	−76 000	233 000
Total Assets	22 453 000	22 957 000	24 668 000	20 439 000
Total Equity	9 103 000	9 327 000	−1 230 000	−1 154 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 673 000	1 567 000	1 207 000	1 245 000
Expenditure	1 398 000	1 496 000	1 277 000	893 000
Operating Profit	275 000	71 000	−70 000	352 000
Financial Income	1 000	26 000	1 000	6 000
Financial Costs	563 000	1 292 000	28 000	59 000
Financial Balance	−562 000	−1 266 000	−27 000	−53 000
Earnings Before Tax	−288 000	−1 195 000	−97 000	299 000
Tax	−63 000	−263 000	−21 000	66 000
Net Income	−224 000	−932 000	−76 000	233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 963 000	22 728 000	23 434 000	19 871 000
Total Current Assets	489 000	229 000	1 234 000	568 000
Total Assets	22 453 000	22 957 000	24 668 000	20 439 000
Total Retained Equity	0	−2 262 000	−1 330 000	−1 254 000
Total Equity	9 103 000	9 327 000	−1 230 000	−1 154 000
Total Long-Term Debt	12 576 000	13 414 000	25 837 000	21 332 000
Total Current Debt	774 000	216 000	61 000	261 000
Total Equity and Debt	22 453 000	22 957 000	24 668 000	20 439 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	295 000	3 000	1 000	16 000
Other Income	1 378 000	1 564 000	1 206 000	1 229 000
Revenue	1 673 000	1 567 000	1 207 000	1 245 000
Cost of Goods Sold	20 000	152 000	114 000	35 000
Salary Costs	38 000	90 000	63 000	41 000
Depreciation	637 000	680 000	614 000	478 000
Impairment	0	0	0	0
Expenditure	1 398 000	1 496 000	1 277 000	893 000
Operating Profit	275 000	71 000	−70 000	352 000
Financial Income	1 000	26 000	1 000	6 000
Financial Costs	563 000	1 292 000	28 000	59 000
Financial Balance	−562 000	−1 266 000	−27 000	−53 000
Dividends	0	0	0	0
Net Income	−224 000	−932 000	−76 000	233 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	693 000	630 000	367 000	345 000
Real Eastate	19 980 000	20 492 000	21 801 000	18 733 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	460 000	868 000	519 000	37 000
Total Tangible Assets	20 440 000	21 360 000	22 321 000	18 771 000
Total Fiancial Fixed Assets	831 000	739 000	747 000	755 000
Total Fixed Assets	21 963 000	22 728 000	23 434 000	19 871 000
Stock	0	0	838 000	325 000
Total Investments	0	0	0	0
Cash, Bank	92 000	97 000	367 000	104 000
Total Current Assets	489 000	229 000	1 234 000	568 000
Total Assets	22 453 000	22 957 000	24 668 000	20 439 000
Total Equity	9 103 000	9 327 000	−1 230 000	−1 154 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 576 000	13 414 000	25 837 000	21 332 000
Creditors	374 000	94 000	25 000	311 000
Unpaid Taxes	193 000	18 000	33 000	−54 000
Dividends	0	0	0	0
Other Current Debt	207 000	104 000	4 000	4 000
Total Current Debt	774 000	216 000	61 000	261 000
Total Equity and Debt	22 453 000	22 957 000	24 668 000	20 439 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,46 %	−9,99 %	6,18 %	−20,19 %
Debt-to-Equity Ratio	1,38	1,44	−21,01	−18,49
Operating Profit Margin	16,44 %	4,53 %	−5,8 %	28,27 %
Current Ratio	0,63	1,06	20,23	2,18
Quick Ratio	0,63	1,06	−1,59	−8,88
Equity Ratio	0,41	0,41	−0,05	−0,06
Gross Profit Margin	98,8 %	90,3 %	90,56 %	97,19 %