SØRVINDU AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

48,01 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 628 000	30 426 000	39 759 000	27 248 000
Net Income	1 195 000	1 557 000	2 659 000	920 000
Total Assets	7 836 000	9 651 000	12 262 000	8 549 000
Total Equity	2 489 000	1 657 000	100 000	2 577 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 628 000	30 426 000	39 759 000	27 248 000
Expenditure	30 022 000	28 392 000	36 316 000	26 004 000
Operating Profit	1 607 000	2 033 000	3 443 000	1 244 000
Financial Income	2 000	0	1 000	0
Financial Costs	71 000	25 000	35 000	65 000
Financial Balance	−69 000	−25 000	−34 000	−65 000
Earnings Before Tax	1 538 000	2 009 000	3 409 000	1 179 000
Tax	343 000	451 000	750 000	260 000
Net Income	1 195 000	1 557 000	2 659 000	920 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 408 000	2 497 000	1 592 000	1 607 000
Total Current Assets	6 429 000	7 154 000	10 670 000	6 941 000
Total Assets	7 836 000	9 651 000	12 262 000	8 549 000
Total Retained Equity	2 389 000	1 557 000	0	2 477 000
Total Equity	2 489 000	1 657 000	100 000	2 577 000
Total Long-Term Debt	893 000	1 240 000	288 000	814 000
Total Current Debt	4 455 000	6 754 000	11 874 000	5 157 000
Total Equity and Debt	7 836 000	9 651 000	12 262 000	8 549 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 637 000	30 049 000	39 759 000	27 212 000
Other Income	−9 000	377 000	0	36 000
Revenue	31 628 000	30 426 000	39 759 000	27 248 000
Cost of Goods Sold	23 359 000	21 578 000	29 778 000	19 350 000
Salary Costs	3 618 000	4 027 000	3 591 000	3 908 000
Depreciation	414 000	360 000	345 000	357 000
Impairment	0	0	0	0
Expenditure	30 022 000	28 392 000	36 316 000	26 004 000
Operating Profit	1 607 000	2 033 000	3 443 000	1 244 000
Financial Income	2 000	0	1 000	0
Financial Costs	71 000	25 000	35 000	65 000
Financial Balance	−69 000	−25 000	−34 000	−65 000
Dividends	0	0	5 136 000	0
Net Income	1 195 000	1 557 000	2 659 000	920 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 408 000	2 497 000	1 490 000	1 479 000
Total Tangible Assets	1 408 000	2 497 000	1 490 000	1 479 000
Total Fiancial Fixed Assets	0	0	102 000	128 000
Total Fixed Assets	1 408 000	2 497 000	1 592 000	1 607 000
Stock	0	595 000	135 000	140 000
Total Investments	0	0	0	0
Cash, Bank	1 773 000	1 989 000	5 832 000	1 269 000
Total Current Assets	6 429 000	7 154 000	10 670 000	6 941 000
Total Assets	7 836 000	9 651 000	12 262 000	8 549 000
Total Equity	2 489 000	1 657 000	100 000	2 577 000
Short-Term Group Debt	50 000	1 519 000	0	0
Total Long-Term Debt	893 000	1 240 000	288 000	814 000
Creditors	591 000	1 900 000	2 291 000	2 282 000
Unpaid Taxes	1 315 000	2 141 000	2 001 000	1 870 000
Dividends	0	0	5 136 000	0
Other Current Debt	2 214 000	777 000	1 660 000	734 000
Total Current Debt	4 455 000	6 754 000	11 874 000	5 157 000
Total Equity and Debt	7 836 000	9 651 000	12 262 000	8 549 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,01 %	93,96 %	2 659 %	35,7 %
Debt-to-Equity Ratio	0,36	0,75	2,88	0,32
Operating Profit Margin	5,08 %	6,68 %	8,66 %	4,57 %
Current Ratio	1,44	1,06	0,9	1,35
Quick Ratio	1,44	1,16	0,91	1,38
Equity Ratio	0,32	0,17	0,01	0,3
Gross Profit Margin	26,14 %	29,08 %	25,1 %	28,99 %