SØRENSEN & MOEN BYGG AS

4838 ARENDAL

Finances

Share Ownership

Return on Equity

55,26 %

Current Ratio

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 523 000	41 431 000	40 397 000	32 034 000
Net Income	862 000	−725 000	473 000	329 000
Total Assets	13 518 000	15 181 000	13 461 000	14 439 000
Total Equity	1 560 000	1 093 000	1 819 000	1 646 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 523 000	41 431 000	40 397 000	32 034 000
Expenditure	43 248 000	41 819 000	39 425 000	31 214 000
Operating Profit	1 275 000	−389 000	972 000	821 000
Financial Income	0	0	0	1 000
Financial Costs	302 000	337 000	347 000	399 000
Financial Balance	−302 000	−337 000	−347 000	−398 000
Earnings Before Tax	974 000	−725 000	626 000	422 000
Tax	112 000	0	153 000	93 000
Net Income	862 000	−725 000	473 000	329 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 018 000	6 195 000	4 345 000	6 513 000
Total Current Assets	11 500 000	8 986 000	9 116 000	7 926 000
Total Assets	13 518 000	15 181 000	13 461 000	14 439 000
Total Retained Equity	1 460 000	993 000	1 719 000	1 546 000
Total Equity	1 560 000	1 093 000	1 819 000	1 646 000
Total Long-Term Debt	484 000	3 337 000	3 617 000	4 016 000
Total Current Debt	11 474 000	10 751 000	8 025 000	8 777 000
Total Equity and Debt	13 518 000	15 181 000	13 461 000	14 439 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 305 000	41 321 000	40 422 000	31 900 000
Other Income	217 000	109 000	−25 000	135 000
Revenue	44 523 000	41 431 000	40 397 000	32 034 000
Cost of Goods Sold	25 445 000	26 437 000	26 297 000	19 544 000
Salary Costs	13 268 000	11 944 000	10 333 000	9 052 000
Depreciation	261 000	349 000	382 000	415 000
Impairment	0	0	0	0
Expenditure	43 248 000	41 819 000	39 425 000	31 214 000
Operating Profit	1 275 000	−389 000	972 000	821 000
Financial Income	0	0	0	1 000
Financial Costs	302 000	337 000	347 000	399 000
Financial Balance	−302 000	−337 000	−347 000	−398 000
Dividends	0	0	300 000	200 000
Net Income	862 000	−725 000	473 000	329 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	3 312 000	3 453 000	3 595 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	821 000	728 000	640 000	712 000
Total Tangible Assets	821 000	4 040 000	4 093 000	4 307 000
Total Fiancial Fixed Assets	1 197 000	2 155 000	252 000	2 206 000
Total Fixed Assets	2 018 000	6 195 000	4 345 000	6 513 000
Stock	1 001 000	951 000	897 000	897 000
Total Investments	0	0	0	0
Cash, Bank	417 000	391 000	328 000	301 000
Total Current Assets	11 500 000	8 986 000	9 116 000	7 926 000
Total Assets	13 518 000	15 181 000	13 461 000	14 439 000
Total Equity	1 560 000	1 093 000	1 819 000	1 646 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	484 000	3 337 000	3 617 000	4 016 000
Creditors	4 264 000	3 570 000	2 042 000	2 693 000
Unpaid Taxes	1 482 000	2 261 000	2 153 000	1 806 000
Dividends	0	0	300 000	200 000
Other Current Debt	3 150 000	3 063 000	1 295 000	1 243 000
Total Current Debt	11 474 000	10 751 000	8 025 000	8 777 000
Total Equity and Debt	13 518 000	15 181 000	13 461 000	14 439 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,26 %	−66,33 %	26 %	19,99 %
Debt-to-Equity Ratio	0,31	3,05	1,99	2,44
Operating Profit Margin	2,86 %	−0,94 %	2,41 %	2,56 %
Current Ratio	1	0,84	1,14	0,9
Quick Ratio	1,1	0,92	1,28	1,01
Equity Ratio	0,12	0,07	0,14	0,11
Gross Profit Margin	42,85 %	36,19 %	34,9 %	38,99 %