SØRENSEN EIENDOMMER AS

8470 BØ I VESTERÅLEN

Finances

Share Ownership

Return on Equity

−25,54 %

Current Ratio

0,38

Debt-to-Equity Ratio

2,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	605 000	919 000	952 000	963 000
Net Income	−320 000	−92 000	−75 000	−12 000
Total Assets	6 322 000	6 487 000	8 118 000	8 027 000
Total Equity	1 253 000	1 573 000	1 664 000	1 740 000

Income (NOK)	2022	2021	2020	2019
Revenue	605 000	919 000	952 000	963 000
Expenditure	646 000	837 000	794 000	763 000
Operating Profit	−40 000	82 000	159 000	200 000
Financial Income	0	0	0	0
Financial Costs	182 000	173 000	243 000	216 000
Financial Balance	−182 000	−173 000	−243 000	−216 000
Earnings Before Tax	−222 000	−91 000	−84 000	−16 000
Tax	98 000	1 000	−9 000	−4 000
Net Income	−320 000	−92 000	−75 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 676 000	5 927 000	7 640 000	7 972 000
Total Current Assets	646 000	561 000	478 000	55 000
Total Assets	6 322 000	6 487 000	8 118 000	8 027 000
Total Retained Equity	−67 000	253 000	344 000	420 000
Total Equity	1 253 000	1 573 000	1 664 000	1 740 000
Total Long-Term Debt	3 371 000	3 493 000	5 231 000	5 533 000
Total Current Debt	1 698 000	1 422 000	1 223 000	755 000
Total Equity and Debt	6 322 000	6 487 000	8 118 000	8 027 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	590 000	748 000	952 000	963 000
Other Income	15 000	172 000	0	0
Revenue	605 000	919 000	952 000	963 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	274 000	285 000	332 000	334 000
Impairment	0	0	0	0
Expenditure	646 000	837 000	794 000	763 000
Operating Profit	−40 000	82 000	159 000	200 000
Financial Income	0	0	0	0
Financial Costs	182 000	173 000	243 000	216 000
Financial Balance	−182 000	−173 000	−243 000	−216 000
Dividends	0	0	0	0
Net Income	−320 000	−92 000	−75 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 581 000	5 807 000	7 496 000	7 803 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	95 000	0	0	100 000
Total Tangible Assets	5 676 000	5 927 000	7 640 000	7 972 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 676 000	5 927 000	7 640 000	7 972 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−89 000	96 000	204 000	3 000
Total Current Assets	646 000	561 000	478 000	55 000
Total Assets	6 322 000	6 487 000	8 118 000	8 027 000
Total Equity	1 253 000	1 573 000	1 664 000	1 740 000
Short-Term Group Debt	0	575 000	490 000	0
Total Long-Term Debt	3 371 000	3 493 000	5 231 000	5 533 000
Creditors	382 000	364 000	173 000	93 000
Unpaid Taxes	−1 000	−27 000	51 000	7 000
Dividends	0	0	0	0
Other Current Debt	1 317 000	510 000	509 000	654 000
Total Current Debt	1 698 000	1 422 000	1 223 000	755 000
Total Equity and Debt	6 322 000	6 487 000	8 118 000	8 027 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,54 %	−5,85 %	−4,51 %	−0,69 %
Debt-to-Equity Ratio	2,69	2,22	3,14	3,18
Operating Profit Margin	−6,61 %	8,92 %	16,7 %	20,77 %
Current Ratio	0,38	0,39	0,39	0,07
Quick Ratio	0,38	0,39	0,39	0,07
Equity Ratio	0,2	0,24	0,2	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %