SANDVOLD MALERSERVICE AS

7224 MELHUS

Finances

Share Ownership

Return on Equity

75,19 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 420 000	12 781 000	11 499 000	11 527 000
Net Income	988 000	1 127 000	1 177 000	1 500 000
Total Assets	4 069 000	4 271 000	3 766 000	3 374 000
Total Equity	1 314 000	1 825 000	1 499 000	1 122 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 420 000	12 781 000	11 499 000	11 527 000
Expenditure	11 172 000	11 342 000	10 014 000	9 613 000
Operating Profit	1 249 000	1 440 000	1 484 000	1 915 000
Financial Income	20 000	5 000	30 000	11 000
Financial Costs	3 000	0	4 000	3 000
Financial Balance	17 000	5 000	26 000	8 000
Earnings Before Tax	1 267 000	1 445 000	1 510 000	1 923 000
Tax	279 000	318 000	333 000	423 000
Net Income	988 000	1 127 000	1 177 000	1 500 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	234 000	326 000	369 000	362 000
Total Current Assets	3 836 000	3 945 000	3 397 000	3 012 000
Total Assets	4 069 000	4 271 000	3 766 000	3 374 000
Total Retained Equity	1 211 000	1 723 000	1 397 000	1 020 000
Total Equity	1 314 000	1 825 000	1 499 000	1 122 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 756 000	2 446 000	2 267 000	2 252 000
Total Equity and Debt	4 069 000	4 271 000	3 766 000	3 374 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 420 000	12 778 000	11 499 000	11 462 000
Other Income	0	3 000	0	66 000
Revenue	12 420 000	12 781 000	11 499 000	11 527 000
Cost of Goods Sold	2 283 000	3 344 000	2 745 000	3 720 000
Salary Costs	7 307 000	6 585 000	5 951 000	4 697 000
Depreciation	123 000	152 000	117 000	77 000
Impairment	0	0	0	0
Expenditure	11 172 000	11 342 000	10 014 000	9 613 000
Operating Profit	1 249 000	1 440 000	1 484 000	1 915 000
Financial Income	20 000	5 000	30 000	11 000
Financial Costs	3 000	0	4 000	3 000
Financial Balance	17 000	5 000	26 000	8 000
Dividends	500 000	300 000	300 000	500 000
Net Income	988 000	1 127 000	1 177 000	1 500 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	30 000	16 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	44 000	57 000	1 000	8 000
Fixtures	131 000	192 000	282 000	231 000
Total Tangible Assets	175 000	249 000	282 000	239 000
Total Fiancial Fixed Assets	22 000	47 000	71 000	112 000
Total Fixed Assets	234 000	326 000	369 000	362 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 477 000	3 133 000	2 617 000	1 622 000
Total Current Assets	3 836 000	3 945 000	3 397 000	3 012 000
Total Assets	4 069 000	4 271 000	3 766 000	3 374 000
Total Equity	1 314 000	1 825 000	1 499 000	1 122 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	176 000	294 000	258 000	164 000
Unpaid Taxes	707 000	550 000	746 000	484 000
Dividends	500 000	300 000	300 000	500 000
Other Current Debt	1 089 000	969 000	625 000	682 000
Total Current Debt	2 756 000	2 446 000	2 267 000	2 252 000
Total Equity and Debt	4 069 000	4 271 000	3 766 000	3 374 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,19 %	61,75 %	78,52 %	133,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,06 %	11,27 %	12,91 %	16,61 %
Current Ratio	1,39	1,61	1,5	1,34
Quick Ratio	1,39	1,61	1,5	1,34
Equity Ratio	0,32	0,43	0,4	0,33
Gross Profit Margin	81,62 %	73,84 %	76,13 %	67,73 %