SØRENSEN SKOAGENTURER AS

3036 DRAMMEN

Finances

Share Ownership

Return on Equity

23,04 %

Current Ratio

3,31

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 854 000	2 103 000	2 220 000	2 116 000
Net Income	754 000	653 000	689 000	270 000
Total Assets	6 681 000	6 193 000	5 941 000	5 529 000
Total Equity	3 273 000	2 839 000	2 586 000	2 147 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 854 000	2 103 000	2 220 000	2 116 000
Expenditure	1 797 000	1 332 000	1 328 000	1 699 000
Operating Profit	1 057 000	771 000	892 000	417 000
Financial Income	27 000	118 000	79 000	27 000
Financial Costs	110 000	81 000	97 000	96 000
Financial Balance	−83 000	37 000	−18 000	−69 000
Earnings Before Tax	974 000	809 000	874 000	349 000
Tax	221 000	156 000	186 000	79 000
Net Income	754 000	653 000	689 000	270 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 602 000	4 450 000	4 383 000	4 110 000
Total Current Assets	3 079 000	1 744 000	1 558 000	1 419 000
Total Assets	6 681 000	6 193 000	5 941 000	5 529 000
Total Retained Equity	3 173 000	2 739 000	2 486 000	2 047 000
Total Equity	3 273 000	2 839 000	2 586 000	2 147 000
Total Long-Term Debt	2 478 000	2 588 000	2 690 000	2 772 000
Total Current Debt	931 000	766 000	666 000	610 000
Total Equity and Debt	6 681 000	6 193 000	5 941 000	5 529 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 650 000	2 001 000	2 118 000	2 014 000
Other Income	204 000	102 000	102 000	102 000
Revenue	2 854 000	2 103 000	2 220 000	2 116 000
Cost of Goods Sold	14 000	7 000	6 000	9 000
Salary Costs	1 198 000	732 000	755 000	1 005 000
Depreciation	24 000	107 000	111 000	108 000
Impairment	0	0	0	0
Expenditure	1 797 000	1 332 000	1 328 000	1 699 000
Operating Profit	1 057 000	771 000	892 000	417 000
Financial Income	27 000	118 000	79 000	27 000
Financial Costs	110 000	81 000	97 000	96 000
Financial Balance	−83 000	37 000	−18 000	−69 000
Dividends	320 000	400 000	250 000	340 000
Net Income	754 000	653 000	689 000	270 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	900 000	900 000	900 000	900 000
Real Eastate	2 666 000	2 666 000	2 666 000	2 666 000
Machinery and Plant Facilities	0	290 000	384 000	478 000
Fixtures	36 000	36 000	49 000	65 000
Total Tangible Assets	2 702 000	2 992 000	3 099 000	3 210 000
Total Fiancial Fixed Assets	0	557 000	384 000	0
Total Fixed Assets	3 602 000	4 450 000	4 383 000	4 110 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 779 000	1 709 000	813 000	707 000
Total Current Assets	3 079 000	1 744 000	1 558 000	1 419 000
Total Assets	6 681 000	6 193 000	5 941 000	5 529 000
Total Equity	3 273 000	2 839 000	2 586 000	2 147 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 478 000	2 588 000	2 690 000	2 772 000
Creditors	3 000	0	2 000	0
Unpaid Taxes	207 000	128 000	78 000	64 000
Dividends	320 000	400 000	250 000	340 000
Other Current Debt	119 000	73 000	142 000	224 000
Total Current Debt	931 000	766 000	666 000	610 000
Total Equity and Debt	6 681 000	6 193 000	5 941 000	5 529 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,04 %	23 %	26,64 %	12,58 %
Debt-to-Equity Ratio	0,76	0,91	1,04	1,29
Operating Profit Margin	37,04 %	36,66 %	40,18 %	19,71 %
Current Ratio	3,31	2,28	2,34	2,33
Quick Ratio	3,31	2,28	2,34	2,33
Equity Ratio	0,49	0,46	0,44	0,39
Gross Profit Margin	99,51 %	99,67 %	99,73 %	99,57 %