MASKINENTREPRENØR TORMOD SEVERINSEN AS

9045 LAKSELVBUKT

Finances

Share Ownership

Return on Equity

2,61 %

Current Ratio

9,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 307 000	2 366 000	2 062 000	2 533 000
Net Income	175 000	282 000	−622 000	−440 000
Total Assets	7 442 000	7 366 000	7 242 000	8 083 000
Total Equity	6 703 000	6 778 000	6 746 000	7 468 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 307 000	2 366 000	2 062 000	2 533 000
Expenditure	2 177 000	1 999 000	2 382 000	3 124 000
Operating Profit	131 000	367 000	−320 000	−590 000
Financial Income	187 000	2 000	164 000	40 000
Financial Costs	119 000	5 000	535 000	6 000
Financial Balance	68 000	−3 000	−371 000	34 000
Earnings Before Tax	198 000	364 000	−691 000	−556 000
Tax	23 000	82 000	−69 000	−116 000
Net Income	175 000	282 000	−622 000	−440 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	238 000	289 000	382 000	476 000
Total Current Assets	7 204 000	7 077 000	6 860 000	7 607 000
Total Assets	7 442 000	7 366 000	7 242 000	8 083 000
Total Retained Equity	3 151 000	3 226 000	3 194 000	3 915 000
Total Equity	6 703 000	6 778 000	6 746 000	7 468 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	738 000	588 000	496 000	615 000
Total Equity and Debt	7 442 000	7 366 000	7 242 000	8 083 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 282 000	2 351 000	1 952 000	2 533 000
Other Income	25 000	15 000	110 000	0
Revenue	2 307 000	2 366 000	2 062 000	2 533 000
Cost of Goods Sold	324 000	306 000	292 000	171 000
Salary Costs	775 000	801 000	966 000	1 408 000
Depreciation	28 000	28 000	26 000	26 000
Impairment	0	0	0	0
Expenditure	2 177 000	1 999 000	2 382 000	3 124 000
Operating Profit	131 000	367 000	−320 000	−590 000
Financial Income	187 000	2 000	164 000	40 000
Financial Costs	119 000	5 000	535 000	6 000
Financial Balance	68 000	−3 000	−371 000	34 000
Dividends	250 000	0	100 000	100 000
Net Income	175 000	282 000	−622 000	−440 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 000	75 000	157 000	183 000
Real Eastate	174 000	188 000	203 000	169 000
Machinery and Plant Facilities	5 000	12 000	20 000	27 000
Fixtures	7 000	13 000	0	4 000
Total Tangible Assets	186 000	214 000	223 000	201 000
Total Fiancial Fixed Assets	0	0	2 000	92 000
Total Fixed Assets	238 000	289 000	382 000	476 000
Stock	0	0	0	0
Total Investments	0	2 500 000	0	5 187 000
Cash, Bank	6 722 000	4 197 000	6 292 000	2 219 000
Total Current Assets	7 204 000	7 077 000	6 860 000	7 607 000
Total Assets	7 442 000	7 366 000	7 242 000	8 083 000
Total Equity	6 703 000	6 778 000	6 746 000	7 468 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	153 000	117 000	148 000	161 000
Unpaid Taxes	194 000	130 000	133 000	112 000
Dividends	250 000	0	100 000	100 000
Other Current Debt	141 000	341 000	115 000	241 000
Total Current Debt	738 000	588 000	496 000	615 000
Total Equity and Debt	7 442 000	7 366 000	7 242 000	8 083 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,61 %	4,16 %	−9,22 %	−5,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,68 %	15,51 %	−15,52 %	−23,29 %
Current Ratio	9,76	12,04	13,83	12,37
Quick Ratio	9,76	12,04	13,83	12,37
Equity Ratio	0,9	0,92	0,93	0,92
Gross Profit Margin	85,96 %	87,07 %	85,84 %	93,25 %