SØGNE STÅL AS

4534 MARNARDAL

Finances

Share Ownership

Return on Equity

11,14 %

Current Ratio

3,47

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 608 000	13 792 000	16 980 000	15 152 000
Net Income	637 000	837 000	1 473 000	449 000
Total Assets	9 563 000	10 702 000	10 829 000	9 336 000
Total Equity	5 718 000	5 081 000	4 244 000	2 771 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 608 000	13 792 000	16 980 000	15 152 000
Expenditure	10 721 000	12 618 000	14 956 000	14 402 000
Operating Profit	887 000	1 174 000	2 025 000	749 000
Financial Income	41 000	3 000	3 000	3 000
Financial Costs	111 000	104 000	139 000	178 000
Financial Balance	−70 000	−101 000	−136 000	−175 000
Earnings Before Tax	817 000	1 073 000	1 888 000	575 000
Tax	180 000	236 000	415 000	127 000
Net Income	637 000	837 000	1 473 000	449 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 314 000	5 223 000	5 243 000	5 436 000
Total Current Assets	4 249 000	5 479 000	5 587 000	3 900 000
Total Assets	9 563 000	10 702 000	10 829 000	9 336 000
Total Retained Equity	5 618 000	4 981 000	4 144 000	2 671 000
Total Equity	5 718 000	5 081 000	4 244 000	2 771 000
Total Long-Term Debt	2 620 000	2 953 000	3 296 000	3 722 000
Total Current Debt	1 226 000	2 668 000	3 290 000	2 843 000
Total Equity and Debt	9 563 000	10 702 000	10 829 000	9 336 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 435 000	13 792 000	16 945 000	15 147 000
Other Income	173 000	0	35 000	4 000
Revenue	11 608 000	13 792 000	16 980 000	15 152 000
Cost of Goods Sold	5 492 000	6 389 000	7 260 000	7 187 000
Salary Costs	3 023 000	4 096 000	5 114 000	4 685 000
Depreciation	300 000	213 000	249 000	200 000
Impairment	0	0	0	0
Expenditure	10 721 000	12 618 000	14 956 000	14 402 000
Operating Profit	887 000	1 174 000	2 025 000	749 000
Financial Income	41 000	3 000	3 000	3 000
Financial Costs	111 000	104 000	139 000	178 000
Financial Balance	−70 000	−101 000	−136 000	−175 000
Dividends	0	0	0	0
Net Income	637 000	837 000	1 473 000	449 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 776 000	4 839 000	4 864 000	4 939 000
Machinery and Plant Facilities	450 000	297 000	314 000	398 000
Fixtures	87 000	87 000	65 000	53 000
Total Tangible Assets	5 314 000	5 223 000	5 243 000	5 391 000
Total Fiancial Fixed Assets	0	0	0	45 000
Total Fixed Assets	5 314 000	5 223 000	5 243 000	5 436 000
Stock	150 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 468 000	1 395 000	3 106 000	1 400 000
Total Current Assets	4 249 000	5 479 000	5 587 000	3 900 000
Total Assets	9 563 000	10 702 000	10 829 000	9 336 000
Total Equity	5 718 000	5 081 000	4 244 000	2 771 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 620 000	2 953 000	3 296 000	3 722 000
Creditors	403 000	954 000	1 134 000	1 004 000
Unpaid Taxes	204 000	1 040 000	1 045 000	1 052 000
Dividends	0	0	0	0
Other Current Debt	466 000	456 000	712 000	683 000
Total Current Debt	1 226 000	2 668 000	3 290 000	2 843 000
Total Equity and Debt	9 563 000	10 702 000	10 829 000	9 336 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,14 %	16,47 %	34,71 %	16,2 %
Debt-to-Equity Ratio	0,46	0,58	0,78	1,34
Operating Profit Margin	7,64 %	8,51 %	11,93 %	4,94 %
Current Ratio	3,47	2,05	1,7	1,37
Quick Ratio	3,95	2,05	1,7	1,37
Equity Ratio	0,6	0,47	0,39	0,3
Gross Profit Margin	52,69 %	53,68 %	57,24 %	52,57 %