SORENTIO AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

78,18 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 148 000	8 725 000	6 698 000	6 379 000
Net Income	448 000	685 000	297 000	61 000
Total Assets	2 696 000	2 435 000	1 735 000	1 457 000
Total Equity	573 000	525 000	340 000	343 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 148 000	8 725 000	6 698 000	6 379 000
Expenditure	10 574 000	7 847 000	6 317 000	6 300 000
Operating Profit	575 000	878 000	381 000	79 000
Financial Income	0	1 000	0	2 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	0	−1 000	1 000
Earnings Before Tax	574 000	878 000	381 000	79 000
Tax	126 000	193 000	84 000	17 000
Net Income	448 000	685 000	297 000	61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	94 000	83 000	20 000	65 000
Total Current Assets	2 602 000	2 352 000	1 716 000	1 392 000
Total Assets	2 696 000	2 435 000	1 735 000	1 457 000
Total Retained Equity	473 000	425 000	240 000	243 000
Total Equity	573 000	525 000	340 000	343 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 123 000	1 909 000	1 395 000	1 114 000
Total Equity and Debt	2 696 000	2 435 000	1 735 000	1 457 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 148 000	8 725 000	6 698 000	6 379 000
Other Income	0	0	0	0
Revenue	11 148 000	8 725 000	6 698 000	6 379 000
Cost of Goods Sold	5 216 000	4 439 000	2 957 000	2 995 000
Salary Costs	4 275 000	2 833 000	2 911 000	2 794 000
Depreciation	51 000	27 000	27 000	31 000
Impairment	0	0	0	0
Expenditure	10 574 000	7 847 000	6 317 000	6 300 000
Operating Profit	575 000	878 000	381 000	79 000
Financial Income	0	1 000	0	2 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	0	−1 000	1 000
Dividends	400 000	500 000	300 000	100 000
Net Income	448 000	685 000	297 000	61 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	5 000	10 000	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	87 000	77 000	10 000	37 000
Total Tangible Assets	87 000	77 000	10 000	37 000
Total Fiancial Fixed Assets	0	0	0	9 000
Total Fixed Assets	94 000	83 000	20 000	65 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 350 000	1 317 000	979 000	652 000
Total Current Assets	2 602 000	2 352 000	1 716 000	1 392 000
Total Assets	2 696 000	2 435 000	1 735 000	1 457 000
Total Equity	573 000	525 000	340 000	343 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	408 000	324 000	234 000	273 000
Unpaid Taxes	723 000	580 000	467 000	448 000
Dividends	400 000	500 000	300 000	100 000
Other Current Debt	464 000	316 000	320 000	273 000
Total Current Debt	2 123 000	1 909 000	1 395 000	1 114 000
Total Equity and Debt	2 696 000	2 435 000	1 735 000	1 457 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,18 %	130,48 %	87,35 %	17,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,16 %	10,06 %	5,69 %	1,24 %
Current Ratio	1,23	1,23	1,23	1,25
Quick Ratio	1,23	1,23	1,23	1,25
Equity Ratio	0,21	0,22	0,2	0,24
Gross Profit Margin	53,21 %	49,12 %	55,85 %	53,05 %