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Sorren Benchmark Report

Highland Software

Klamath Falls, OR · NAICS 541511 Custom Computer Programming Services

Tax year 2026
Prepared by Michael Barlow
Medford, OR office
Section 1

Executive Summary

Highland Software generated $2,807,000 of revenue in 2026 with 14 employees, producing an EBITDA margin of 30.0% against a peer median of 19.8%. Compared with 61 similar businesses, performance is strongest in growth and warrants examination in tax efficiency. Total benchmark variance across all categories is $840K.

Section 2

Company Snapshot

Revenue
$2.81M
Employees
14
Entity type
Sole Proprietorship
Years in business
19
Gross margin
89.7%
EBITDA margin
30.0%
Net margin
22.4%
Effective tax rate
20.1%
Section 3

Peer Group Definition

61 businessesNAICS 541511 — Custom Computer Programming ServicesORRevenue $1.4M–$4.5M7–20 employeesTax year 2026

Comparison sample size 61; NAICS 541511; revenue range $1.40M$4.50M; geographic filter OR. Data availability for this client: 74% coverage across tax return, financial statements, payroll and employee records.

Section 4

Financial Performance

Line item (% revenue)CompanyPeer medianTop 25%
Revenue100.0%100.0%100.0%
Cost of Goods Sold10.3%10.9%9.7%
Gross Profit89.7%89.1%90.3%
Payroll37.9%46.1%41.4%
Benefits6.9%7.5%6.8%
Occupancy3.0%2.9%2.6%
Marketing4.1%4.3%4.9%
Insurance0.9%0.8%0.8%
Professional Fees1.8%1.8%1.7%
Administrative & Other4.2%4.9%4.3%
EBITDA30.0%19.8%24.2%
Depreciation1.6%1.4%1.3%
Interest0.4%0.4%0.4%
Net Income22.4%14.2%17.9%
Section 5

Profitability and Operational Efficiency

Growth
97th
Profitability
83rd
Labor Efficiency
69th
Operating Efficiency
58th
Liquidity
50th
Leverage
83rd
Tax Efficiency
41st
Asset Efficiency
51st
Section 6

Balance Sheet

Current Ratio
5.51
median 5.18
Quick Ratio
5.51
median 5.18
Debt / EBITDA
0.18
median 0.31
Debt / Equity
0.25
median 0.28
Days Sales Outstanding
42.87
median 44.74
Asset Turnover
3.36
median 3.32
Section 7

Tax Overview

Federal tax
$123,009
State tax
$34,695
Effective rate
20.1%
Section 179
$20,001
Owner compensation
$236,550
Owner distributions
$416,056
Retirement
$49,889
Capital expenditures
$40,267
Section 8

Industry Trends

YearRevenueGrowthGrossEBITDAPayroll %
2022$1.65M+11.9%89.3%31.4%43.0%
2023$2.03M+23.2%89.2%31.6%42.7%
2024$2.16M+6.4%89.4%31.0%43.6%
2025$2.20M+1.6%89.7%29.9%44.9%
2026$2.81M+27.9%89.7%30.0%44.9%
Section 9

Opportunities for Discussion

  • Revenue per Employee. Revenue per employee of $201K compares with a peer median of $257K. Is productivity constrained by capacity, mix, or pricing?Benchmark variance $789K
  • Owner Compensation Structure. Owner compensation represents 8.4% of revenue compared with a 10.2% median for comparable entities. Should compensation strategy be reviewed with the tax team?Benchmark variance $51K
  • Gross Margin Variance. Gross margin of 89.7% compares with a peer median of 89.1%. Where are direct costs and pricing diverging from comparable businesses?
  • Working Capital Position. Current ratio of 5.51 compares with an industry median of 5.18. How much liquidity headroom does the business need through its cycle?
  • Payroll Efficiency. Total labor cost represents 44.9% of revenue against a peer median of 53.6%. Is the staffing model carrying capacity for growth, or absorbing margin?
  • Operating Expense Load. Operating expenses run 59.7% of revenue versus a peer median of 70.0%. Which expense categories account for the difference?
  • Leverage Profile. Debt to EBITDA of 0.18x compares with a peer median of 0.31x. Does the capital structure match the asset base and cash cycle?
Section 10

Advisor Notes

Section 11

Methodology

Sorren Benchmark aggregates anonymized financial, tax, payroll and operational data across 60,000 businesses. Peer statistics report count, mean, median, 10th, 25th, 75th and 90th percentiles and standard deviation. Comparisons use normalized ratios rather than raw dollars. Statistics are released only where a cohort contains at least 10 businesses, and individual peer companies are never displayed. Benchmark variance expresses the mathematical difference between this company and its peer median; it is not a projection of savings, nor tax or investment advice.