SANDVIKS AS

4032 STAVANGER

Finances

Return on Equity

30,35 %

Current Ratio

2,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	88 038 000	110 241 000	122 331 000	129 354 000
Net Income	8 117 000	21 303 000	34 977 000	23 535 000
Total Assets	39 764 000	55 753 000	68 222 000	65 421 000
Total Equity	26 744 000	19 082 000	13 285 000	13 307 000

Income (NOK)	2022	2021	2020	2019
Revenue	88 038 000	110 241 000	122 331 000	129 354 000
Expenditure	81 708 000	82 629 000	92 260 000	107 914 000
Operating Profit	6 330 000	27 611 000	30 070 000	21 441 000
Financial Income	5 252 000	2 649 000	15 373 000	12 969 000
Financial Costs	2 401 000	2 995 000	5 244 000	3 910 000
Financial Balance	2 851 000	−346 000	10 129 000	9 059 000
Earnings Before Tax	9 181 000	27 265 000	40 199 000	30 500 000
Tax	1 063 000	5 963 000	5 222 000	6 965 000
Net Income	8 117 000	21 303 000	34 977 000	23 535 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 569 000	6 914 000	8 270 000	12 762 000
Total Current Assets	33 194 000	48 839 000	59 952 000	52 659 000
Total Assets	39 764 000	55 753 000	68 222 000	65 421 000
Total Retained Equity	22 172 000	14 417 000	13 141 000	13 164 000
Total Equity	26 744 000	19 082 000	13 285 000	13 307 000
Total Long-Term Debt	0	0	302 000	556 000
Total Current Debt	13 020 000	36 671 000	54 636 000	51 557 000
Total Equity and Debt	39 764 000	55 753 000	68 222 000	65 421 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 622 000	83 102 000	90 745 000	99 424 000
Other Income	9 416 000	27 139 000	31 586 000	29 930 000
Revenue	88 038 000	110 241 000	122 331 000	129 354 000
Cost of Goods Sold	38 692 000	36 791 000	43 084 000	47 149 000
Salary Costs	15 583 000	14 943 000	19 094 000	30 262 000
Depreciation	1 087 000	1 376 000	1 575 000	1 579 000
Impairment	0	0	0	0
Expenditure	81 708 000	82 629 000	92 260 000	107 914 000
Operating Profit	6 330 000	27 611 000	30 070 000	21 441 000
Financial Income	5 252 000	2 649 000	15 373 000	12 969 000
Financial Costs	2 401 000	2 995 000	5 244 000	3 910 000
Financial Balance	2 851 000	−346 000	10 129 000	9 059 000
Dividends	0	16 500 000	35 000 000	25 000 000
Net Income	8 117 000	21 303 000	34 977 000	23 535 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 279 000	1 858 000	2 715 000	3 675 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	238 000	319 000	560 000	1 349 000
Total Tangible Assets	238 000	319 000	560 000	1 349 000
Total Fiancial Fixed Assets	5 052 000	4 737 000	4 995 000	7 738 000
Total Fixed Assets	6 569 000	6 914 000	8 270 000	12 762 000
Stock	17 249 000	18 148 000	16 687 000	19 975 000
Total Investments	0	0	0	0
Cash, Bank	8 384 000	17 571 000	21 794 000	23 485 000
Total Current Assets	33 194 000	48 839 000	59 952 000	52 659 000
Total Assets	39 764 000	55 753 000	68 222 000	65 421 000
Total Equity	26 744 000	19 082 000	13 285 000	13 307 000
Short-Term Group Debt	2 294 000	7 199 000	0	4 574 000
Total Long-Term Debt	0	0	302 000	556 000
Creditors	4 627 000	4 187 000	5 161 000	4 325 000
Unpaid Taxes	842 000	937 000	1 212 000	2 023 000
Dividends	0	16 500 000	35 000 000	25 000 000
Other Current Debt	4 165 000	2 476 000	40 578 000	9 017 000
Total Current Debt	13 020 000	36 671 000	54 636 000	51 557 000
Total Equity and Debt	39 764 000	55 753 000	68 222 000	65 421 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,35 %	111,64 %	263,28 %	176,86 %
Debt-to-Equity Ratio	0	0	0,02	0,04
Operating Profit Margin	7,19 %	25,05 %	24,58 %	16,58 %
Current Ratio	2,55	1,33	1,1	1,02
Quick Ratio	−7,85	2,64	1,58	1,67
Equity Ratio	0,67	0,34	0,19	0,2
Gross Profit Margin	56,05 %	66,63 %	64,78 %	63,55 %