SIGURD M SØVIK AS

5567 SKJOLDASTRAUMEN

Finances

Return on Equity

32,01 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 751 000	15 680 000	8 174 000	8 430 000
Net Income	823 000	627 000	92 000	155 000
Total Assets	15 999 000	4 639 000	2 645 000	2 600 000
Total Equity	2 571 000	1 749 000	1 121 000	1 030 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 751 000	15 680 000	8 174 000	8 430 000
Expenditure	20 496 000	14 753 000	7 991 000	8 176 000
Operating Profit	1 255 000	928 000	182 000	254 000
Financial Income	0	0	0	0
Financial Costs	196 000	125 000	64 000	54 000
Financial Balance	−196 000	−125 000	−64 000	−54 000
Earnings Before Tax	1 059 000	804 000	118 000	200 000
Tax	236 000	177 000	26 000	45 000
Net Income	823 000	627 000	92 000	155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 321 000	1 192 000	418 000	225 000
Total Current Assets	13 677 000	3 447 000	2 228 000	2 375 000
Total Assets	15 999 000	4 639 000	2 645 000	2 600 000
Total Retained Equity	2 555 000	1 732 000	1 105 000	1 013 000
Total Equity	2 571 000	1 749 000	1 121 000	1 030 000
Total Long-Term Debt	1 586 000	101 000	132 000	169 000
Total Current Debt	11 841 000	2 789 000	1 392 000	1 401 000
Total Equity and Debt	15 999 000	4 639 000	2 645 000	2 600 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 751 000	15 680 000	8 174 000	8 430 000
Other Income	0	0	0	0
Revenue	21 751 000	15 680 000	8 174 000	8 430 000
Cost of Goods Sold	7 544 000	6 705 000	1 498 000	3 180 000
Salary Costs	4 892 000	2 698 000	1 454 000	1 583 000
Depreciation	147 000	102 000	64 000	25 000
Impairment	0	0	0	0
Expenditure	20 496 000	14 753 000	7 991 000	8 176 000
Operating Profit	1 255 000	928 000	182 000	254 000
Financial Income	0	0	0	0
Financial Costs	196 000	125 000	64 000	54 000
Financial Balance	−196 000	−125 000	−64 000	−54 000
Dividends	0	0	0	0
Net Income	823 000	627 000	92 000	155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	84 000	26 000	17 000	0
Real Eastate	1 332 000	376 000	0	0
Machinery and Plant Facilities	315 000	313 000	90 000	42 000
Fixtures	265 000	133 000	142 000	183 000
Total Tangible Assets	1 911 000	822 000	232 000	225 000
Total Fiancial Fixed Assets	326 000	343 000	169 000	0
Total Fixed Assets	2 321 000	1 192 000	418 000	225 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	620 000	758 000	576 000	258 000
Total Current Assets	13 677 000	3 447 000	2 228 000	2 375 000
Total Assets	15 999 000	4 639 000	2 645 000	2 600 000
Total Equity	2 571 000	1 749 000	1 121 000	1 030 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 586 000	101 000	132 000	169 000
Creditors	9 746 000	1 703 000	911 000	660 000
Unpaid Taxes	1 263 000	590 000	264 000	482 000
Dividends	0	0	0	0
Other Current Debt	538 000	311 000	166 000	221 000
Total Current Debt	11 841 000	2 789 000	1 392 000	1 401 000
Total Equity and Debt	15 999 000	4 639 000	2 645 000	2 600 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,01 %	35,85 %	8,21 %	15,05 %
Debt-to-Equity Ratio	0,62	0,06	0,12	0,16
Operating Profit Margin	5,77 %	5,92 %	2,23 %	3,01 %
Current Ratio	1,16	1,24	1,6	1,7
Quick Ratio	1,16	1,24	1,6	1,7
Equity Ratio	0,16	0,38	0,42	0,4
Gross Profit Margin	65,32 %	57,24 %	81,67 %	62,28 %