SØGÅRD MASKIN AS

2150 ÅRNES

Finances

Return on Equity

31,93 %

Current Ratio

2,19

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 548 000	11 296 000	10 843 000	10 413 000
Net Income	941 000	356 000	604 000	436 000
Total Assets	5 828 000	4 553 000	4 237 000	4 306 000
Total Equity	2 947 000	2 682 000	2 326 000	1 722 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 548 000	11 296 000	10 843 000	10 413 000
Expenditure	10 307 000	10 814 000	10 053 000	9 814 000
Operating Profit	1 241 000	482 000	790 000	600 000
Financial Income	4 000	6 000	17 000	6 000
Financial Costs	39 000	32 000	33 000	46 000
Financial Balance	−35 000	−26 000	−16 000	−40 000
Earnings Before Tax	1 206 000	456 000	775 000	560 000
Tax	265 000	100 000	170 000	123 000
Net Income	941 000	356 000	604 000	436 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 681 000	1 400 000	1 452 000	1 628 000
Total Current Assets	4 147 000	3 153 000	2 785 000	2 678 000
Total Assets	5 828 000	4 553 000	4 237 000	4 306 000
Total Retained Equity	2 647 000	2 082 000	1 726 000	1 122 000
Total Equity	2 947 000	2 682 000	2 326 000	1 722 000
Total Long-Term Debt	990 000	665 000	771 000	866 000
Total Current Debt	1 891 000	1 206 000	1 140 000	1 718 000
Total Equity and Debt	5 828 000	4 553 000	4 237 000	4 306 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 503 000	11 174 000	10 833 000	10 378 000
Other Income	45 000	122 000	10 000	35 000
Revenue	11 548 000	11 296 000	10 843 000	10 413 000
Cost of Goods Sold	5 137 000	5 798 000	6 188 000	6 178 000
Salary Costs	3 334 000	3 481 000	2 592 000	2 299 000
Depreciation	392 000	283 000	262 000	217 000
Impairment	0	0	0	0
Expenditure	10 307 000	10 814 000	10 053 000	9 814 000
Operating Profit	1 241 000	482 000	790 000	600 000
Financial Income	4 000	6 000	17 000	6 000
Financial Costs	39 000	32 000	33 000	46 000
Financial Balance	−35 000	−26 000	−16 000	−40 000
Dividends	0	0	0	0
Net Income	941 000	356 000	604 000	436 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	419 000	0	0	0
Machinery and Plant Facilities	518 000	0	0	0
Fixtures	744 000	1 400 000	1 452 000	1 628 000
Total Tangible Assets	1 681 000	1 400 000	1 452 000	1 628 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 681 000	1 400 000	1 452 000	1 628 000
Stock	809 000	567 000	898 000	683 000
Total Investments	0	0	0	0
Cash, Bank	1 883 000	1 104 000	848 000	1 029 000
Total Current Assets	4 147 000	3 153 000	2 785 000	2 678 000
Total Assets	5 828 000	4 553 000	4 237 000	4 306 000
Total Equity	2 947 000	2 682 000	2 326 000	1 722 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	990 000	665 000	771 000	866 000
Creditors	494 000	224 000	369 000	1 003 000
Unpaid Taxes	496 000	643 000	378 000	171 000
Dividends	0	0	0	0
Other Current Debt	631 000	229 000	217 000	459 000
Total Current Debt	1 891 000	1 206 000	1 140 000	1 718 000
Total Equity and Debt	5 828 000	4 553 000	4 237 000	4 306 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,93 %	13,27 %	25,97 %	25,32 %
Debt-to-Equity Ratio	0,34	0,25	0,33	0,5
Operating Profit Margin	10,75 %	4,27 %	7,29 %	5,76 %
Current Ratio	2,19	2,61	2,44	1,56
Quick Ratio	3,83	4,93	11,51	2,59
Equity Ratio	0,51	0,59	0,55	0,4
Gross Profit Margin	55,52 %	48,67 %	42,93 %	40,67 %