SOTRA MEKANISKE AS

5380 TELAVÅG

Finances

Share Ownership

Return on Equity

113,11 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	282 000	116 000	210 000	613 000
Net Income	69 000	15 000	−92 000	−158 000
Total Assets	133 000	75 000	88 000	292 000
Total Equity	61 000	−8 000	−22 000	70 000

Income (NOK)	2022	2021	2020	2019
Revenue	282 000	116 000	210 000	613 000
Expenditure	213 000	113 000	313 000	782 000
Operating Profit	69 000	3 000	−103 000	−169 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	2 000
Earnings Before Tax	69 000	3 000	−104 000	−167 000
Tax	0	−12 000	−12 000	−9 000
Net Income	69 000	15 000	−92 000	−158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	20 000	25 000	227 000
Total Current Assets	96 000	55 000	63 000	65 000
Total Assets	133 000	75 000	88 000	292 000
Total Retained Equity	31 000	−38 000	−52 000	40 000
Total Equity	61 000	−8 000	−22 000	70 000
Total Long-Term Debt	0	26 000	46 000	181 000
Total Current Debt	72 000	57 000	64 000	41 000
Total Equity and Debt	133 000	75 000	88 000	292 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	282 000	116 000	199 000	613 000
Other Income	0	0	11 000	0
Revenue	282 000	116 000	210 000	613 000
Cost of Goods Sold	68 000	28 000	11 000	165 000
Salary Costs	0	0	9 000	275 000
Depreciation	6 000	5 000	77 000	80 000
Impairment	0	0	0	0
Expenditure	213 000	113 000	313 000	782 000
Operating Profit	69 000	3 000	−103 000	−169 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	2 000
Dividends	0	0	0	0
Net Income	69 000	15 000	−92 000	−158 000

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	15 000	20 000	0	0
Fixtures	22 000	0	25 000	227 000
Total Tangible Assets	37 000	20 000	25 000	227 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	37 000	20 000	25 000	227 000
Stock	15 000	15 000	19 000	19 000
Total Investments	0	0	0	0
Cash, Bank	75 000	28 000	2 000	19 000
Total Current Assets	96 000	55 000	63 000	65 000
Total Assets	133 000	75 000	88 000	292 000
Total Equity	61 000	−8 000	−22 000	70 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	26 000	46 000	181 000
Creditors	23 000	18 000	33 000	−17 000
Unpaid Taxes	14 000	0	10 000	18 000
Dividends	0	0	0	0
Other Current Debt	35 000	40 000	21 000	41 000
Total Current Debt	72 000	57 000	64 000	41 000
Total Equity and Debt	133 000	75 000	88 000	292 000

Financial indicators	2022	2021	2020	2019
Return on Equity	113,11 %	−187,5 %	418,18 %	−225,71 %
Debt-to-Equity Ratio	0	−3,25	−2,09	2,59
Operating Profit Margin	24,47 %	2,59 %	−49,05 %	−27,57 %
Current Ratio	1,33	0,96	0,98	1,59
Quick Ratio	1,68	1,31	1,4	2,95
Equity Ratio	0,46	−0,11	−0,25	0,24
Gross Profit Margin	75,89 %	75,86 %	94,76 %	73,08 %