SØRENS1 AS

1637 GAMLE FREDRIKSTAD

Finances

Return on Equity

38,39 %

Current Ratio

3,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 971 000	2 617 000	1 108 000	1 392 000
Net Income	415 000	221 000	324 000	338 000
Total Assets	1 501 000	1 305 000	731 000	633 000
Total Equity	1 081 000	766 000	546 000	387 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 971 000	2 617 000	1 108 000	1 392 000
Expenditure	2 439 000	2 334 000	690 000	958 000
Operating Profit	532 000	283 000	418 000	434 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	533 000	283 000	417 000	434 000
Tax	118 000	62 000	93 000	97 000
Net Income	415 000	221 000	324 000	338 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	6 000	6 000	6 000
Total Current Assets	1 495 000	1 299 000	725 000	627 000
Total Assets	1 501 000	1 305 000	731 000	633 000
Total Retained Equity	1 051 000	736 000	516 000	357 000
Total Equity	1 081 000	766 000	546 000	387 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	420 000	538 000	185 000	246 000
Total Equity and Debt	1 501 000	1 305 000	731 000	633 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 302 000	1 395 000	1 106 000	1 392 000
Other Income	669 000	1 223 000	2 000	0
Revenue	2 971 000	2 617 000	1 108 000	1 392 000
Cost of Goods Sold	1 149 000	665 000	245 000	488 000
Salary Costs	615 000	1 104 000	99 000	105 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 439 000	2 334 000	690 000	958 000
Operating Profit	532 000	283 000	418 000	434 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	100 000	0	165 000	110 000
Net Income	415 000	221 000	324 000	338 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	6 000	6 000	6 000	6 000
Total Fixed Assets	6 000	6 000	6 000	6 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 390 000	1 184 000	325 000	605 000
Total Current Assets	1 495 000	1 299 000	725 000	627 000
Total Assets	1 501 000	1 305 000	731 000	633 000
Total Equity	1 081 000	766 000	546 000	387 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	41 000	9 000	19 000
Unpaid Taxes	64 000	80 000	11 000	31 000
Dividends	100 000	0	165 000	110 000
Other Current Debt	126 000	355 000	72 000	106 000
Total Current Debt	420 000	538 000	185 000	246 000
Total Equity and Debt	1 501 000	1 305 000	731 000	633 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,39 %	28,85 %	59,34 %	87,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,91 %	10,81 %	37,73 %	31,18 %
Current Ratio	3,56	2,41	3,92	2,55
Quick Ratio	3,56	2,41	3,92	2,55
Equity Ratio	0,72	0,59	0,75	0,61
Gross Profit Margin	61,33 %	74,59 %	77,89 %	64,94 %