SØRREISA MASKIN TEAM AS

9310 SØRREISA

Finances

Share Ownership

Return on Equity

10,45 %

Current Ratio

2,81

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 432 000	11 659 000	12 556 000	10 711 000
Net Income	906 000	985 000	2 035 000	1 690 000
Total Assets	11 601 000	11 481 000	10 124 000	8 515 000
Total Equity	8 671 000	8 066 000	7 380 000	5 645 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 432 000	11 659 000	12 556 000	10 711 000
Expenditure	12 260 000	10 381 000	9 936 000	8 523 000
Operating Profit	1 172 000	1 278 000	2 621 000	2 188 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	12 000	6 000	10 000	18 000
Financial Balance	−10 000	−6 000	−9 000	−16 000
Earnings Before Tax	1 163 000	1 272 000	2 611 000	2 171 000
Tax	257 000	287 000	576 000	481 000
Net Income	906 000	985 000	2 035 000	1 690 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 642 000	4 176 000	4 711 000	2 685 000
Total Current Assets	6 958 000	7 305 000	5 413 000	5 830 000
Total Assets	11 601 000	11 481 000	10 124 000	8 515 000
Total Retained Equity	8 571 000	7 966 000	7 280 000	5 545 000
Total Equity	8 671 000	8 066 000	7 380 000	5 645 000
Total Long-Term Debt	452 000	519 000	227 000	92 000
Total Current Debt	2 477 000	2 897 000	2 516 000	2 777 000
Total Equity and Debt	11 601 000	11 481 000	10 124 000	8 515 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 762 000	10 204 000	10 511 000	10 707 000
Other Income	1 670 000	1 455 000	2 045 000	4 000
Revenue	13 432 000	11 659 000	12 556 000	10 711 000
Cost of Goods Sold	1 540 000	1 112 000	2 045 000	549 000
Salary Costs	4 595 000	4 410 000	4 139 000	3 899 000
Depreciation	930 000	882 000	558 000	337 000
Impairment	0	0	0	0
Expenditure	12 260 000	10 381 000	9 936 000	8 523 000
Operating Profit	1 172 000	1 278 000	2 621 000	2 188 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	12 000	6 000	10 000	18 000
Financial Balance	−10 000	−6 000	−9 000	−16 000
Dividends	300 000	300 000	300 000	700 000
Net Income	906 000	985 000	2 035 000	1 690 000

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	4 642 000	4 176 000	4 711 000	2 685 000
Fixtures	0	0	0	0
Total Tangible Assets	4 642 000	4 176 000	4 711 000	2 685 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 642 000	4 176 000	4 711 000	2 685 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 796 000	3 744 000	1 658 000	1 765 000
Total Current Assets	6 958 000	7 305 000	5 413 000	5 830 000
Total Assets	11 601 000	11 481 000	10 124 000	8 515 000
Total Equity	8 671 000	8 066 000	7 380 000	5 645 000
Short-Term Group Debt	0	500 000	200 000	0
Total Long-Term Debt	452 000	519 000	227 000	92 000
Creditors	328 000	311 000	430 000	461 000
Unpaid Taxes	541 000	440 000	321 000	479 000
Dividends	300 000	300 000	300 000	700 000
Other Current Debt	1 043 000	1 073 000	825 000	699 000
Total Current Debt	2 477 000	2 897 000	2 516 000	2 777 000
Total Equity and Debt	11 601 000	11 481 000	10 124 000	8 515 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,45 %	12,21 %	27,57 %	29,94 %
Debt-to-Equity Ratio	0,05	0,06	0,03	0,02
Operating Profit Margin	8,73 %	10,96 %	20,87 %	20,43 %
Current Ratio	2,81	2,52	2,15	2,1
Quick Ratio	2,81	2,52	2,15	2,1
Equity Ratio	0,75	0,7	0,73	0,66
Gross Profit Margin	88,53 %	90,46 %	83,71 %	94,87 %