ÅGE SØRENSEN TORGHANDEL AS

5179 GODVIK

Finances

Return on Equity

84,95 %

Current Ratio

2,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 248 000	909 000	221 000	11 644 000
Net Income	2 336 000	213 000	−475 000	409 000
Total Assets	4 876 000	1 406 000	905 000	2 176 000
Total Equity	2 750 000	914 000	701 000	1 176 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 248 000	909 000	221 000	11 644 000
Expenditure	10 365 000	636 000	818 000	11 110 000
Operating Profit	2 883 000	274 000	−597 000	534 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	0	0	8 000
Financial Balance	−1 000	0	0	−7 000
Earnings Before Tax	2 882 000	274 000	−597 000	527 000
Tax	546 000	61 000	−122 000	119 000
Net Income	2 336 000	213 000	−475 000	409 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	537 000	540 000	546 000	375 000
Total Current Assets	4 339 000	866 000	359 000	1 801 000
Total Assets	4 876 000	1 406 000	905 000	2 176 000
Total Retained Equity	2 650 000	814 000	601 000	1 076 000
Total Equity	2 750 000	914 000	701 000	1 176 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 126 000	492 000	204 000	1 000 000
Total Equity and Debt	4 876 000	1 406 000	905 000	2 176 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 212 000	112 000	125 000	11 644 000
Other Income	36 000	797 000	96 000	0
Revenue	13 248 000	909 000	221 000	11 644 000
Cost of Goods Sold	5 024 000	5 000	130 000	4 311 000
Salary Costs	3 891 000	116 000	266 000	5 031 000
Depreciation	79 000	90 000	58 000	147 000
Impairment	0	0	0	0
Expenditure	10 365 000	636 000	818 000	11 110 000
Operating Profit	2 883 000	274 000	−597 000	534 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	0	0	8 000
Financial Balance	−1 000	0	0	−7 000
Dividends	0	0	0	200 000
Net Income	2 336 000	213 000	−475 000	409 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	15 000	19 000	30 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	137 000	320 000	322 000	340 000
Total Tangible Assets	137 000	320 000	322 000	340 000
Total Fiancial Fixed Assets	400 000	205 000	205 000	5 000
Total Fixed Assets	537 000	540 000	546 000	375 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 670 000	725 000	159 000	1 724 000
Total Current Assets	4 339 000	866 000	359 000	1 801 000
Total Assets	4 876 000	1 406 000	905 000	2 176 000
Total Equity	2 750 000	914 000	701 000	1 176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	602 000	1 000	117 000	294 000
Unpaid Taxes	96 000	18 000	17 000	113 000
Dividends	0	0	0	200 000
Other Current Debt	897 000	417 000	71 000	469 000
Total Current Debt	2 126 000	492 000	204 000	1 000 000
Total Equity and Debt	4 876 000	1 406 000	905 000	2 176 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,95 %	23,3 %	−67,76 %	34,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,76 %	30,14 %	−270,14 %	4,59 %
Current Ratio	2,04	1,76	1,76	1,8
Quick Ratio	2,04	1,76	1,76	1,8
Equity Ratio	0,56	0,65	0,77	0,54
Gross Profit Margin	62,08 %	99,45 %	41,18 %	62,98 %