SAOMECH TECHNOLOGIES AS

4645 NODELAND

Finances

Return on Equity

75,95 %

Current Ratio

3,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	259 000	139 000	146 000	12 000
Net Income	442 000	69 000	196 000	−19 000
Total Assets	824 000	537 000	394 000	47 000
Total Equity	582 000	310 000	241 000	45 000

Income (NOK)	2022	2021	2020	2019
Revenue	259 000	139 000	146 000	12 000
Expenditure	226 000	63 000	259 000	37 000
Operating Profit	33 000	76 000	−113 000	−25 000
Financial Income	412 000	0	311 000	0
Financial Costs	0	7 000	0	0
Financial Balance	412 000	−7 000	311 000	0
Earnings Before Tax	445 000	69 000	198 000	−25 000
Tax	3 000	0	2 000	−6 000
Net Income	442 000	69 000	196 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	305 000	320 000	29 000
Total Current Assets	744 000	232 000	75 000	17 000
Total Assets	824 000	537 000	394 000	47 000
Total Retained Equity	532 000	260 000	191 000	−5 000
Total Equity	582 000	310 000	241 000	45 000
Total Long-Term Debt	2 000	146 000	86 000	0
Total Current Debt	240 000	80 000	68 000	2 000
Total Equity and Debt	824 000	537 000	394 000	47 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	216 000	99 000	92 000	0
Other Income	44 000	40 000	54 000	12 000
Revenue	259 000	139 000	146 000	12 000
Cost of Goods Sold	61 000	−37 000	145 000	0
Salary Costs	0	0	1 000	0
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	226 000	63 000	259 000	37 000
Operating Profit	33 000	76 000	−113 000	−25 000
Financial Income	412 000	0	311 000	0
Financial Costs	0	7 000	0	0
Financial Balance	412 000	−7 000	311 000	0
Dividends	170 000	0	0	0
Net Income	442 000	69 000	196 000	−19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	14 000	0	0	0
Fixtures	35 000	0	0	0
Total Tangible Assets	48 000	0	0	0
Total Fiancial Fixed Assets	32 000	305 000	320 000	24 000
Total Fixed Assets	80 000	305 000	320 000	29 000
Stock	248 000	200 000	0	0
Total Investments	0	0	0	0
Cash, Bank	251 000	11 000	56 000	1 000
Total Current Assets	744 000	232 000	75 000	17 000
Total Assets	824 000	537 000	394 000	47 000
Total Equity	582 000	310 000	241 000	45 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	146 000	86 000	0
Creditors	25 000	28 000	4 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	170 000	0	0	0
Other Current Debt	44 000	52 000	64 000	0
Total Current Debt	240 000	80 000	68 000	2 000
Total Equity and Debt	824 000	537 000	394 000	47 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,95 %	22,26 %	81,33 %	−42,22 %
Debt-to-Equity Ratio	0	0,47	0,36	0
Operating Profit Margin	12,74 %	54,68 %	−77,4 %	−208,33 %
Current Ratio	3,1	2,9	1,1	8,5
Quick Ratio	−93	−1,93	1,1	8,5
Equity Ratio	0,71	0,58	0,61	0,96
Gross Profit Margin	76,45 %	126,62 %	0,68 %	100 %