SOMMARØY REDSKAPSLAGER AS

8430 MYRE

Finances

Share Ownership

Return on Equity

9,42 %

Current Ratio

5,19

Debt-to-Equity Ratio

2,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 185 000	1 046 000	1 052 000	1 067 000
Net Income	192 000	183 000	180 000	291 000
Total Assets	7 139 000	7 272 000	7 444 000	7 709 000
Total Equity	2 038 000	1 846 000	1 663 000	1 483 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 185 000	1 046 000	1 052 000	1 067 000
Expenditure	729 000	670 000	658 000	498 000
Operating Profit	455 000	377 000	394 000	569 000
Financial Income	12 000	3 000	7 000	16 000
Financial Costs	221 000	146 000	170 000	212 000
Financial Balance	−209 000	−143 000	−163 000	−196 000
Earnings Before Tax	246 000	234 000	231 000	374 000
Tax	54 000	52 000	51 000	82 000
Net Income	192 000	183 000	180 000	291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 615 000	6 497 000	6 871 000	6 541 000
Total Current Assets	524 000	775 000	573 000	1 168 000
Total Assets	7 139 000	7 272 000	7 444 000	7 709 000
Total Retained Equity	1 638 000	1 446 000	1 263 000	1 083 000
Total Equity	2 038 000	1 846 000	1 663 000	1 483 000
Total Long-Term Debt	5 000 000	5 325 000	5 660 000	5 986 000
Total Current Debt	101 000	101 000	121 000	240 000
Total Equity and Debt	7 139 000	7 272 000	7 444 000	7 709 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 185 000	1 046 000	1 052 000	781 000
Other Income	0	0	0	286 000
Revenue	1 185 000	1 046 000	1 052 000	1 067 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	425 000	373 000	350 000	278 000
Impairment	0	0	0	0
Expenditure	729 000	670 000	658 000	498 000
Operating Profit	455 000	377 000	394 000	569 000
Financial Income	12 000	3 000	7 000	16 000
Financial Costs	221 000	146 000	170 000	212 000
Financial Balance	−209 000	−143 000	−163 000	−196 000
Dividends	0	0	0	0
Net Income	192 000	183 000	180 000	291 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 115 000	6 465 000	6 814 000	6 517 000
Machinery and Plant Facilities	490 000	0	0	0
Fixtures	10 000	33 000	56 000	25 000
Total Tangible Assets	6 614 000	6 497 000	6 870 000	6 541 000
Total Fiancial Fixed Assets	0	0	1 000	0
Total Fixed Assets	6 615 000	6 497 000	6 871 000	6 541 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	332 000	676 000	380 000	934 000
Total Current Assets	524 000	775 000	573 000	1 168 000
Total Assets	7 139 000	7 272 000	7 444 000	7 709 000
Total Equity	2 038 000	1 846 000	1 663 000	1 483 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000 000	5 325 000	5 660 000	5 986 000
Creditors	2 000	4 000	18 000	150 000
Unpaid Taxes	25 000	25 000	35 000	0
Dividends	0	0	0	0
Other Current Debt	10 000	2 000	7 000	8 000
Total Current Debt	101 000	101 000	121 000	240 000
Total Equity and Debt	7 139 000	7 272 000	7 444 000	7 709 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,42 %	9,91 %	10,82 %	19,62 %
Debt-to-Equity Ratio	2,45	2,88	3,4	4,04
Operating Profit Margin	38,4 %	36,04 %	37,45 %	53,33 %
Current Ratio	5,19	7,67	4,74	4,87
Quick Ratio	5,19	7,67	4,74	4,87
Equity Ratio	0,29	0,25	0,22	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %