SARPSBORG MEKANISKE VERKSTED AS

1718 GREÅKER

Finances

Return on Equity

30,22 %

Current Ratio

2,32

Debt-to-Equity Ratio

44,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	260 000	253 000	160 000	75 000
Net Income	68 000	161 000	−276 000	3 431 000
Total Assets	10 470 000	7 319 000	8 067 000	8 270 000
Total Equity	225 000	225 000	225 000	7 791 000

Income (NOK)	2022	2021	2020	2019
Revenue	260 000	253 000	160 000	75 000
Expenditure	160 000	285 000	712 000	1 120 000
Operating Profit	101 000	−32 000	−551 000	−1 045 000
Financial Income	351 000	411 000	199 000	4 267 000
Financial Costs	365 000	171 000	20 000	13 000
Financial Balance	−14 000	240 000	179 000	4 254 000
Earnings Before Tax	87 000	207 000	−373 000	3 209 000
Tax	19 000	46 000	−97 000	−222 000
Net Income	68 000	161 000	−276 000	3 431 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 012 000	4 554 000	4 950 000	2 492 000
Total Current Assets	458 000	2 765 000	3 118 000	5 777 000
Total Assets	10 470 000	7 319 000	8 067 000	8 270 000
Total Retained Equity	0	0	0	7 591 000
Total Equity	225 000	225 000	225 000	7 791 000
Total Long-Term Debt	10 048 000	48 000	0	0
Total Current Debt	197 000	7 046 000	7 842 000	478 000
Total Equity and Debt	10 470 000	7 319 000	8 067 000	8 270 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	260 000	253 000	85 000	75 000
Other Income	0	0	75 000	0
Revenue	260 000	253 000	160 000	75 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	122 000	563 000	925 000
Depreciation	25 000	25 000	25 000	25 000
Impairment	0	0	0	0
Expenditure	160 000	285 000	712 000	1 120 000
Operating Profit	101 000	−32 000	−551 000	−1 045 000
Financial Income	351 000	411 000	199 000	4 267 000
Financial Costs	365 000	171 000	20 000	13 000
Financial Balance	−14 000	240 000	179 000	4 254 000
Dividends	0	0	0	0
Net Income	68 000	161 000	−276 000	3 431 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	602 000	506 000
Real Eastate	1 887 000	1 912 000	1 892 000	1 910 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 887 000	1 912 000	1 892 000	1 910 000
Total Fiancial Fixed Assets	8 125 000	2 642 000	2 456 000	76 000
Total Fixed Assets	10 012 000	4 554 000	4 950 000	2 492 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	97 000	21 000	49 000	64 000
Total Current Assets	458 000	2 765 000	3 118 000	5 777 000
Total Assets	10 470 000	7 319 000	8 067 000	8 270 000
Total Equity	225 000	225 000	225 000	7 791 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 048 000	48 000	0	0
Creditors	0	3 000	75 000	256 000
Unpaid Taxes	16 000	1 000	72 000	73 000
Dividends	0	0	0	0
Other Current Debt	181 000	7 042 000	378 000	149 000
Total Current Debt	197 000	7 046 000	7 842 000	478 000
Total Equity and Debt	10 470 000	7 319 000	8 067 000	8 270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,22 %	71,56 %	−122,67 %	44,04 %
Debt-to-Equity Ratio	44,66	0,21	0	0
Operating Profit Margin	38,85 %	−12,65 %	−344,38 %	−1 393,33 %
Current Ratio	2,32	0,39	0,4	12,09
Quick Ratio	2,32	0,39	0,4	12,09
Equity Ratio	0,02	0,03	0,03	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %