SIREVÅG MEKANISKE AS

4364 SIREVÅG

Finances

Return on Equity

41,53 %

Current Ratio

1,94

Debt-to-Equity Ratio

2,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	129 858 000	102 748 000	72 396 000	59 750 000
Net Income	10 468 000	13 996 000	5 709 000	3 245 000
Total Assets	116 645 000	73 821 000	46 319 000	41 657 000
Total Equity	25 207 000	16 539 000	15 056 000	14 152 000

Income (NOK)	2022	2021	2020	2019
Revenue	129 858 000	102 748 000	72 396 000	59 750 000
Expenditure	114 980 000	84 098 000	64 493 000	55 013 000
Operating Profit	14 879 000	18 650 000	7 903 000	4 738 000
Financial Income	43 000	16 000	0	24 000
Financial Costs	1 571 000	722 000	583 000	599 000
Financial Balance	−1 528 000	−706 000	−583 000	−575 000
Earnings Before Tax	13 351 000	17 944 000	7 320 000	4 162 000
Tax	2 883 000	3 948 000	1 611 000	917 000
Net Income	10 468 000	13 996 000	5 709 000	3 245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 464 000	40 238 000	24 317 000	25 736 000
Total Current Assets	76 181 000	33 583 000	22 002 000	15 922 000
Total Assets	116 645 000	73 821 000	46 319 000	41 657 000
Total Retained Equity	25 017 000	16 349 000	14 866 000	13 962 000
Total Equity	25 207 000	16 539 000	15 056 000	14 152 000
Total Long-Term Debt	52 140 000	30 330 000	15 084 000	15 925 000
Total Current Debt	39 299 000	26 952 000	16 179 000	11 581 000
Total Equity and Debt	116 645 000	73 821 000	46 319 000	41 657 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	129 490 000	102 369 000	72 083 000	59 747 000
Other Income	368 000	378 000	313 000	3 000
Revenue	129 858 000	102 748 000	72 396 000	59 750 000
Cost of Goods Sold	40 066 000	28 893 000	20 328 000	16 254 000
Salary Costs	49 374 000	36 693 000	29 186 000	25 762 000
Depreciation	3 781 000	3 547 000	2 836 000	2 620 000
Impairment	0	0	0	0
Expenditure	114 980 000	84 098 000	64 493 000	55 013 000
Operating Profit	14 879 000	18 650 000	7 903 000	4 738 000
Financial Income	43 000	16 000	0	24 000
Financial Costs	1 571 000	722 000	583 000	599 000
Financial Balance	−1 528 000	−706 000	−583 000	−575 000
Dividends	0	10 800 000	4 805 000	0
Net Income	10 468 000	13 996 000	5 709 000	3 245 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	−9 114 000	0	0	0
Total Intangible Assets	−9 114 000	0	180 000	33 000
Real Eastate	42 585 000	34 356 000	19 750 000	20 626 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 994 000	5 882 000	4 388 000	5 076 000
Total Tangible Assets	49 578 000	40 238 000	24 137 000	25 702 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 464 000	40 238 000	24 317 000	25 736 000
Stock	66 326 000	11 267 000	7 800 000	6 666 000
Total Investments	0	0	0	0
Cash, Bank	12 567 000	5 738 000	3 818 000	1 023 000
Total Current Assets	76 181 000	33 583 000	22 002 000	15 922 000
Total Assets	116 645 000	73 821 000	46 319 000	41 657 000
Total Equity	25 207 000	16 539 000	15 056 000	14 152 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	52 140 000	30 330 000	15 084 000	15 925 000
Creditors	12 031 000	4 338 000	3 749 000	3 589 000
Unpaid Taxes	8 579 000	6 197 000	3 860 000	3 310 000
Dividends	0	10 800 000	4 805 000	0
Other Current Debt	10 684 000	3 319 000	3 814 000	2 288 000
Total Current Debt	39 299 000	26 952 000	16 179 000	11 581 000
Total Equity and Debt	116 645 000	73 821 000	46 319 000	41 657 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,53 %	84,62 %	37,92 %	22,93 %
Debt-to-Equity Ratio	2,07	1,83	1	1,13
Operating Profit Margin	11,46 %	18,15 %	10,92 %	7,93 %
Current Ratio	1,94	1,25	1,36	1,37
Quick Ratio	−2,82	2,14	2,63	3,24
Equity Ratio	0,22	0,22	0,33	0,34
Gross Profit Margin	69,15 %	71,88 %	71,92 %	72,8 %