SØRENSEN CONSULTING AS

8469 BØ I VESTERÅLEN

Finances

Return on Equity

−56,31 %

Current Ratio

0,58

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	366 000	581 000	855 000	1 174 000
Net Income	−763 000	95 000	−142 000	30 000
Total Assets	2 633 000	3 046 000	3 013 000	3 306 000
Total Equity	1 355 000	2 119 000	2 023 000	2 165 000

Income (NOK)	2022	2021	2020	2019
Revenue	366 000	581 000	855 000	1 174 000
Expenditure	493 000	486 000	887 000	1 134 000
Operating Profit	−127 000	96 000	−32 000	40 000
Financial Income	0	0	0	0
Financial Costs	637 000	0	0	2 000
Financial Balance	−637 000	0	0	−2 000
Earnings Before Tax	−763 000	95 000	−32 000	39 000
Tax	0	0	110 000	9 000
Net Income	−763 000	95 000	−142 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 069 000	2 504 000	2 344 000	2 418 000
Total Current Assets	564 000	542 000	669 000	888 000
Total Assets	2 633 000	3 046 000	3 013 000	3 306 000
Total Retained Equity	825 000	1 589 000	1 493 000	1 635 000
Total Equity	1 355 000	2 119 000	2 023 000	2 165 000
Total Long-Term Debt	304 000	600 000	600 000	0
Total Current Debt	974 000	327 000	390 000	1 142 000
Total Equity and Debt	2 633 000	3 046 000	3 013 000	3 306 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	366 000	581 000	777 000	1 174 000
Other Income	0	0	78 000	0
Revenue	366 000	581 000	855 000	1 174 000
Cost of Goods Sold	0	0	0	0
Salary Costs	69 000	199 000	462 000	408 000
Depreciation	14 000	28 000	28 000	46 000
Impairment	0	0	0	0
Expenditure	493 000	486 000	887 000	1 134 000
Operating Profit	−127 000	96 000	−32 000	40 000
Financial Income	0	0	0	0
Financial Costs	637 000	0	0	2 000
Financial Balance	−637 000	0	0	−2 000
Dividends	0	0	0	0
Net Income	−763 000	95 000	−142 000	30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	110 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	305 000	0	0	0
Fixtures	0	3 000	16 000	29 000
Total Tangible Assets	305 000	3 000	31 000	59 000
Total Fiancial Fixed Assets	1 764 000	2 501 000	2 314 000	2 250 000
Total Fixed Assets	2 069 000	2 504 000	2 344 000	2 418 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 000	78 000	162 000	205 000
Total Current Assets	564 000	542 000	669 000	888 000
Total Assets	2 633 000	3 046 000	3 013 000	3 306 000
Total Equity	1 355 000	2 119 000	2 023 000	2 165 000
Short-Term Group Debt	0	245 000	0	0
Total Long-Term Debt	304 000	600 000	600 000	0
Creditors	110 000	7 000	29 000	0
Unpaid Taxes	−26 000	30 000	113 000	209 000
Dividends	0	0	0	0
Other Current Debt	889 000	45 000	249 000	932 000
Total Current Debt	974 000	327 000	390 000	1 142 000
Total Equity and Debt	2 633 000	3 046 000	3 013 000	3 306 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−56,31 %	4,48 %	−7,02 %	1,39 %
Debt-to-Equity Ratio	0,22	0,28	0,3	0
Operating Profit Margin	−34,7 %	16,52 %	−3,74 %	3,41 %
Current Ratio	0,58	1,66	1,72	0,78
Quick Ratio	0,58	1,66	1,72	0,78
Equity Ratio	0,51	0,7	0,67	0,65
Gross Profit Margin	100 %	100 %	100 %	100 %