SORZE4 AS

7512 STJØRDAL

Finances

Share Ownership

Return on Equity

6,71 %

Current Ratio

0,69

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 659 000	10 803 000	10 933 000	9 016 000
Net Income	32 000	24 000	−51 000	161 000
Total Assets	1 767 000	3 897 000	1 506 000	1 851 000
Total Equity	477 000	418 000	394 000	445 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 659 000	10 803 000	10 933 000	9 016 000
Expenditure	13 428 000	10 616 000	10 939 000	8 677 000
Operating Profit	231 000	187 000	−5 000	338 000
Financial Income	449 000	156 000	261 000	47 000
Financial Costs	629 000	302 000	314 000	179 000
Financial Balance	−180 000	−146 000	−53 000	−132 000
Earnings Before Tax	52 000	40 000	−58 000	206 000
Tax	19 000	16 000	−7 000	45 000
Net Income	32 000	24 000	−51 000	161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 039 000	1 069 000	748 000	482 000
Total Current Assets	728 000	2 827 000	758 000	1 369 000
Total Assets	1 767 000	3 897 000	1 506 000	1 851 000
Total Retained Equity	377 000	318 000	294 000	345 000
Total Equity	477 000	418 000	394 000	445 000
Total Long-Term Debt	242 000	285 000	163 000	421 000
Total Current Debt	1 048 000	3 194 000	949 000	986 000
Total Equity and Debt	1 767 000	3 897 000	1 506 000	1 851 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 659 000	10 803 000	10 933 000	9 016 000
Other Income	0	0	0	0
Revenue	13 659 000	10 803 000	10 933 000	9 016 000
Cost of Goods Sold	10 760 000	8 079 000	8 549 000	7 079 000
Salary Costs	1 079 000	1 225 000	1 098 000	502 000
Depreciation	187 000	123 000	33 000	23 000
Impairment	0	0	0	0
Expenditure	13 428 000	10 616 000	10 939 000	8 677 000
Operating Profit	231 000	187 000	−5 000	338 000
Financial Income	449 000	156 000	261 000	47 000
Financial Costs	629 000	302 000	314 000	179 000
Financial Balance	−180 000	−146 000	−53 000	−132 000
Dividends	0	0	0	0
Net Income	32 000	24 000	−51 000	161 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	337 000	366 000	368 000	280 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	291 000	0
Fixtures	495 000	630 000	89 000	117 000
Total Tangible Assets	495 000	630 000	380 000	117 000
Total Fiancial Fixed Assets	208 000	74 000	0	85 000
Total Fixed Assets	1 039 000	1 069 000	748 000	482 000
Stock	517 000	513 000	445 000	230 000
Total Investments	0	0	0	0
Cash, Bank	135 000	1 081 000	94 000	370 000
Total Current Assets	728 000	2 827 000	758 000	1 369 000
Total Assets	1 767 000	3 897 000	1 506 000	1 851 000
Total Equity	477 000	418 000	394 000	445 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	242 000	285 000	163 000	421 000
Creditors	104 000	281 000	92 000	311 000
Unpaid Taxes	368 000	711 000	669 000	429 000
Dividends	0	0	0	0
Other Current Debt	330 000	371 000	188 000	203 000
Total Current Debt	1 048 000	3 194 000	949 000	986 000
Total Equity and Debt	1 767 000	3 897 000	1 506 000	1 851 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,71 %	5,74 %	−12,94 %	36,18 %
Debt-to-Equity Ratio	0,51	0,68	0,41	0,95
Operating Profit Margin	1,69 %	1,73 %	−0,05 %	3,75 %
Current Ratio	0,69	0,89	0,8	1,39
Quick Ratio	1,37	1,05	1,5	1,81
Equity Ratio	0,27	0,11	0,26	0,24
Gross Profit Margin	21,22 %	25,22 %	21,81 %	21,48 %