SUNNMØRE MASKINSERVICE AS

6240 ØRSKOG

Finances

Share Ownership

Return on Equity

29,4 %

Current Ratio

0,91

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 715 000	10 075 000	5 705 000	4 469 000
Net Income	1 084 000	849 000	964 000	589 000
Total Assets	7 930 000	6 334 000	4 980 000	2 657 000
Total Equity	3 687 000	2 603 000	1 755 000	790 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 715 000	10 075 000	5 705 000	4 469 000
Expenditure	9 295 000	8 963 000	4 436 000	3 662 000
Operating Profit	1 420 000	1 111 000	1 269 000	807 000
Financial Income	0	1 000	0	0
Financial Costs	31 000	25 000	32 000	52 000
Financial Balance	−31 000	−24 000	−32 000	−52 000
Earnings Before Tax	1 389 000	1 088 000	1 237 000	755 000
Tax	306 000	239 000	273 000	166 000
Net Income	1 084 000	849 000	964 000	589 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 412 000	3 854 000	3 047 000	1 577 000
Total Current Assets	3 518 000	2 480 000	1 933 000	1 081 000
Total Assets	7 930 000	6 334 000	4 980 000	2 657 000
Total Retained Equity	3 665 000	2 581 000	1 732 000	768 000
Total Equity	3 687 000	2 603 000	1 755 000	790 000
Total Long-Term Debt	385 000	406 000	385 000	466 000
Total Current Debt	3 858 000	3 325 000	2 840 000	1 401 000
Total Equity and Debt	7 930 000	6 334 000	4 980 000	2 657 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 545 000	9 590 000	5 275 000	4 124 000
Other Income	170 000	485 000	430 000	345 000
Revenue	10 715 000	10 075 000	5 705 000	4 469 000
Cost of Goods Sold	1 952 000	1 695 000	980 000	827 000
Salary Costs	1 700 000	2 271 000	1 181 000	892 000
Depreciation	432 000	374 000	293 000	232 000
Impairment	0	0	0	0
Expenditure	9 295 000	8 963 000	4 436 000	3 662 000
Operating Profit	1 420 000	1 111 000	1 269 000	807 000
Financial Income	0	1 000	0	0
Financial Costs	31 000	25 000	32 000	52 000
Financial Balance	−31 000	−24 000	−32 000	−52 000
Dividends	0	0	0	0
Net Income	1 084 000	849 000	964 000	589 000

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	0	0	0	0
Fixtures	3 375 000	2 484 000	1 620 000	1 577 000
Total Tangible Assets	3 375 000	2 484 000	1 620 000	1 577 000
Total Fiancial Fixed Assets	1 037 000	1 370 000	1 426 000	0
Total Fixed Assets	4 412 000	3 854 000	3 047 000	1 577 000
Stock	1 519 000	950 000	489 000	405 000
Total Investments	0	0	0	0
Cash, Bank	97 000	43 000	99 000	25 000
Total Current Assets	3 518 000	2 480 000	1 933 000	1 081 000
Total Assets	7 930 000	6 334 000	4 980 000	2 657 000
Total Equity	3 687 000	2 603 000	1 755 000	790 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	385 000	406 000	385 000	466 000
Creditors	1 342 000	1 121 000	650 000	487 000
Unpaid Taxes	101 000	106 000	137 000	157 000
Dividends	0	0	0	0
Other Current Debt	2 161 000	1 904 000	1 814 000	690 000
Total Current Debt	3 858 000	3 325 000	2 840 000	1 401 000
Total Equity and Debt	7 930 000	6 334 000	4 980 000	2 657 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,4 %	32,62 %	54,93 %	74,56 %
Debt-to-Equity Ratio	0,1	0,16	0,22	0,59
Operating Profit Margin	13,25 %	11,03 %	22,24 %	18,06 %
Current Ratio	0,91	0,75	0,68	0,77
Quick Ratio	1,5	1,04	0,82	1,09
Equity Ratio	0,46	0,41	0,35	0,3
Gross Profit Margin	81,78 %	83,18 %	82,82 %	81,49 %