SØRBØ INDUSTRIBESLAG AS

7093 TILLER

Finances

Return on Equity

25,46 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	271 840 000	229 061 000	198 122 000	182 213 000
Net Income	15 902 000	12 857 000	7 127 000	5 853 000
Total Assets	129 503 000	110 962 000	106 096 000	109 164 000
Total Equity	62 463 000	46 561 000	33 703 000	26 576 000

Income (NOK)	2022	2021	2020	2019
Revenue	271 840 000	229 061 000	198 122 000	182 213 000
Expenditure	246 126 000	208 357 000	183 924 000	170 026 000
Operating Profit	25 714 000	20 703 000	14 198 000	12 186 000
Financial Income	2 021 000	706 000	611 000	504 000
Financial Costs	4 922 000	2 474 000	3 292 000	2 779 000
Financial Balance	−2 901 000	−1 768 000	−2 681 000	−2 275 000
Earnings Before Tax	22 813 000	18 935 000	11 517 000	9 910 000
Tax	6 911 000	6 078 000	4 389 000	4 057 000
Net Income	15 902 000	12 857 000	7 127 000	5 853 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 128 000	31 319 000	39 826 000	47 196 000
Total Current Assets	89 376 000	79 644 000	66 270 000	61 969 000
Total Assets	129 503 000	110 962 000	106 096 000	109 164 000
Total Retained Equity	60 684 000	44 782 000	31 924 000	24 797 000
Total Equity	62 463 000	46 561 000	33 703 000	26 576 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	67 041 000	64 402 000	72 393 000	82 588 000
Total Equity and Debt	129 503 000	110 962 000	106 096 000	109 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	271 716 000	228 900 000	197 984 000	182 027 000
Other Income	124 000	161 000	139 000	185 000
Revenue	271 840 000	229 061 000	198 122 000	182 213 000
Cost of Goods Sold	165 077 000	139 541 000	123 236 000	113 082 000
Salary Costs	34 801 000	27 671 000	26 039 000	23 257 000
Depreciation	9 574 000	9 442 000	9 340 000	9 012 000
Impairment	0	0	0	0
Expenditure	246 126 000	208 357 000	183 924 000	170 026 000
Operating Profit	25 714 000	20 703 000	14 198 000	12 186 000
Financial Income	2 021 000	706 000	611 000	504 000
Financial Costs	4 922 000	2 474 000	3 292 000	2 779 000
Financial Balance	−2 901 000	−1 768 000	−2 681 000	−2 275 000
Dividends	0	0	0	0
Net Income	15 902 000	12 857 000	7 127 000	5 853 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	18 205 000	26 562 000	34 919 000	43 275 000
Total Intangible Assets	19 539 000	27 531 000	35 822 000	44 119 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 200 000	3 788 000	4 005 000	2 987 000
Total Tangible Assets	3 200 000	3 788 000	4 005 000	2 987 000
Total Fiancial Fixed Assets	17 389 000	0	0	90 000
Total Fixed Assets	40 128 000	31 319 000	39 826 000	47 196 000
Stock	51 771 000	49 029 000	41 872 000	41 092 000
Total Investments	0	0	0	0
Cash, Bank	1 588 000	1 102 000	1 269 000	1 654 000
Total Current Assets	89 376 000	79 644 000	66 270 000	61 969 000
Total Assets	129 503 000	110 962 000	106 096 000	109 164 000
Total Equity	62 463 000	46 561 000	33 703 000	26 576 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 924 000	15 717 000	13 103 000	13 583 000
Unpaid Taxes	9 450 000	6 911 000	6 135 000	5 225 000
Dividends	0	0	0	0
Other Current Debt	33 391 000	35 630 000	48 706 000	59 815 000
Total Current Debt	67 041 000	64 402 000	72 393 000	82 588 000
Total Equity and Debt	129 503 000	110 962 000	106 096 000	109 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,46 %	27,61 %	21,15 %	22,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,46 %	9,04 %	7,17 %	6,69 %
Current Ratio	1,33	1,24	0,92	0,75
Quick Ratio	5,85	5,18	2,17	1,49
Equity Ratio	0,48	0,42	0,32	0,24
Gross Profit Margin	39,27 %	39,08 %	37,8 %	37,94 %