SITO MEK AS

6630 TINGVOLL

Finances

Return on Equity

14,32 %

Current Ratio

2,57

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 024 000	17 102 000	14 017 000	13 073 000
Net Income	1 453 000	197 000	1 055 000	151 000
Total Assets	21 582 000	21 337 000	16 401 000	15 579 000
Total Equity	10 147 000	8 694 000	8 497 000	7 442 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 024 000	17 102 000	14 017 000	13 073 000
Expenditure	20 789 000	16 636 000	12 461 000	12 649 000
Operating Profit	2 234 000	465 000	1 556 000	423 000
Financial Income	25 000	24 000	21 000	20 000
Financial Costs	395 000	237 000	223 000	247 000
Financial Balance	−370 000	−213 000	−202 000	−227 000
Earnings Before Tax	1 865 000	253 000	1 354 000	196 000
Tax	412 000	56 000	299 000	45 000
Net Income	1 453 000	197 000	1 055 000	151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 851 000	11 255 000	12 154 000	11 494 000
Total Current Assets	8 730 000	10 082 000	4 247 000	4 085 000
Total Assets	21 582 000	21 337 000	16 401 000	15 579 000
Total Retained Equity	9 632 000	8 179 000	7 982 000	6 927 000
Total Equity	10 147 000	8 694 000	8 497 000	7 442 000
Total Long-Term Debt	8 033 000	8 633 000	5 150 000	5 655 000
Total Current Debt	3 402 000	4 010 000	2 754 000	2 483 000
Total Equity and Debt	21 582 000	21 337 000	16 401 000	15 579 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 844 000	17 102 000	14 017 000	13 073 000
Other Income	180 000	0	0	0
Revenue	23 024 000	17 102 000	14 017 000	13 073 000
Cost of Goods Sold	6 717 000	3 901 000	2 720 000	4 219 000
Salary Costs	7 254 000	6 328 000	5 754 000	5 313 000
Depreciation	1 784 000	1 531 000	1 482 000	1 386 000
Impairment	0	0	0	0
Expenditure	20 789 000	16 636 000	12 461 000	12 649 000
Operating Profit	2 234 000	465 000	1 556 000	423 000
Financial Income	25 000	24 000	21 000	20 000
Financial Costs	395 000	237 000	223 000	247 000
Financial Balance	−370 000	−213 000	−202 000	−227 000
Dividends	0	0	0	0
Net Income	1 453 000	197 000	1 055 000	151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 842 000	6 132 000	6 415 000	5 699 000
Machinery and Plant Facilities	5 846 000	0	0	0
Fixtures	1 163 000	5 123 000	5 738 000	5 795 000
Total Tangible Assets	12 851 000	11 255 000	12 154 000	11 494 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 851 000	11 255 000	12 154 000	11 494 000
Stock	1 601 000	2 922 000	172 000	87 000
Total Investments	2 000	2 000	2 000	2 000
Cash, Bank	2 345 000	3 627 000	1 336 000	1 898 000
Total Current Assets	8 730 000	10 082 000	4 247 000	4 085 000
Total Assets	21 582 000	21 337 000	16 401 000	15 579 000
Total Equity	10 147 000	8 694 000	8 497 000	7 442 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 033 000	8 633 000	5 150 000	5 655 000
Creditors	907 000	1 891 000	743 000	789 000
Unpaid Taxes	1 041 000	1 107 000	820 000	810 000
Dividends	0	0	0	0
Other Current Debt	992 000	887 000	886 000	835 000
Total Current Debt	3 402 000	4 010 000	2 754 000	2 483 000
Total Equity and Debt	21 582 000	21 337 000	16 401 000	15 579 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,32 %	2,27 %	12,42 %	2,03 %
Debt-to-Equity Ratio	0,79	0,99	0,61	0,76
Operating Profit Margin	9,7 %	2,72 %	11,1 %	3,24 %
Current Ratio	2,57	2,51	1,54	1,65
Quick Ratio	4,85	9,27	1,64	1,7
Equity Ratio	0,47	0,41	0,52	0,48
Gross Profit Margin	70,83 %	77,19 %	80,59 %	67,73 %