SHEERFIELD ENGINEERING AS

5620 TØRVIKBYGD

Finances

Return on Equity

−5,49 %

Current Ratio

12,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 310 000	404 000	2 319 000	2 509 000
Net Income	−56 000	154 000	562 000	335 000
Total Assets	1 108 000	973 000	967 000	548 000
Total Equity	1 020 000	957 000	579 000	256 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 310 000	404 000	2 319 000	2 509 000
Expenditure	1 562 000	329 000	1 599 000	2 095 000
Operating Profit	−252 000	75 000	721 000	415 000
Financial Income	198 000	137 000	0	0
Financial Costs	1 000	42 000	1 000	1 000
Financial Balance	197 000	95 000	−1 000	−1 000
Earnings Before Tax	−56 000	170 000	720 000	414 000
Tax	0	16 000	158 000	79 000
Net Income	−56 000	154 000	562 000	335 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	37 000	46 000	50 000
Total Current Assets	1 078 000	936 000	921 000	497 000
Total Assets	1 108 000	973 000	967 000	548 000
Total Retained Equity	975 000	912 000	534 000	211 000
Total Equity	1 020 000	957 000	579 000	256 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	88 000	16 000	388 000	292 000
Total Equity and Debt	1 108 000	973 000	967 000	548 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 310 000	404 000	2 319 000	2 509 000
Other Income	0	0	0	0
Revenue	1 310 000	404 000	2 319 000	2 509 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 460 000	207 000	1 342 000	1 710 000
Depreciation	7 000	9 000	12 000	13 000
Impairment	0	0	0	0
Expenditure	1 562 000	329 000	1 599 000	2 095 000
Operating Profit	−252 000	75 000	721 000	415 000
Financial Income	198 000	137 000	0	0
Financial Costs	1 000	42 000	1 000	1 000
Financial Balance	197 000	95 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−56 000	154 000	562 000	335 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	30 000	37 000	46 000	50 000
Fixtures	0	0	0	0
Total Tangible Assets	30 000	37 000	46 000	50 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	37 000	46 000	50 000
Stock	0	0	0	0
Total Investments	745 000	465 000	0	0
Cash, Bank	333 000	471 000	921 000	497 000
Total Current Assets	1 078 000	936 000	921 000	497 000
Total Assets	1 108 000	973 000	967 000	548 000
Total Equity	1 020 000	957 000	579 000	256 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	88 000	16 000	188 000	112 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	88 000	16 000	388 000	292 000
Total Equity and Debt	1 108 000	973 000	967 000	548 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,49 %	16,09 %	97,06 %	130,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−19,24 %	18,56 %	31,09 %	16,54 %
Current Ratio	12,25	58,5	2,37	1,7
Quick Ratio	12,25	58,5	2,37	1,7
Equity Ratio	0,92	0,98	0,6	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %