SANDNES ULDVAREFABRIK AS

4355 KVERNALAND

Finances

Return on Equity

22,54 %

Current Ratio

2,03

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	337 183 000	370 772 000	367 052 000	274 597 000
Net Income	38 609 000	62 952 000	56 402 000	20 814 000
Total Assets	306 411 000	320 984 000	277 781 000	223 752 000
Total Equity	171 305 000	141 376 000	148 341 000	127 258 000

Income (NOK)	2022	2021	2020	2019
Revenue	337 183 000	370 772 000	367 052 000	274 597 000
Expenditure	278 822 000	302 350 000	289 406 000	242 655 000
Operating Profit	53 309 000	83 686 000	75 097 000	28 611 000
Financial Income	160 000	234 000	81 000	661 000
Financial Costs	2 578 000	2 616 000	2 731 000	2 556 000
Financial Balance	−2 418 000	−2 382 000	−2 650 000	−1 895 000
Earnings Before Tax	50 891 000	81 304 000	72 447 000	26 716 000
Tax	12 282 000	18 352 000	16 045 000	5 902 000
Net Income	38 609 000	62 952 000	56 402 000	20 814 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	184 812 000	193 350 000	135 858 000	133 481 000
Total Current Assets	121 599 000	127 634 000	141 923 000	90 271 000
Total Assets	306 411 000	320 984 000	277 781 000	223 752 000
Total Retained Equity	170 094 000	140 165 000	132 298 000	110 484 000
Total Equity	171 305 000	141 376 000	148 341 000	127 258 000
Total Long-Term Debt	75 133 000	97 034 000	51 781 000	55 810 000
Total Current Debt	59 973 000	82 573 000	77 659 000	40 684 000
Total Equity and Debt	306 411 000	320 983 000	277 781 000	223 752 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	331 254 000	365 548 000	362 751 000	269 808 000
Other Income	5 929 000	5 224 000	4 301 000	4 789 000
Revenue	337 183 000	370 772 000	367 052 000	274 597 000
Cost of Goods Sold	124 887 000	157 353 000	164 440 000	129 218 000
Salary Costs	73 506 000	77 132 000	66 619 000	57 366 000
Depreciation	13 708 000	9 095 000	6 705 000	6 442 000
Impairment	0	0	0	0
Expenditure	278 822 000	302 350 000	289 406 000	242 655 000
Operating Profit	53 309 000	83 686 000	75 097 000	28 611 000
Financial Income	160 000	234 000	81 000	661 000
Financial Costs	2 578 000	2 616 000	2 731 000	2 556 000
Financial Balance	−2 418 000	−2 382 000	−2 650 000	−1 895 000
Dividends	0	0	0	0
Net Income	38 609 000	62 952 000	56 402 000	20 814 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	36 092 000	40 217 000	0	0
Total Intangible Assets	36 092 000	40 217 000	0	0
Real Eastate	99 337 000	100 184 000	101 031 000	101 877 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	49 383 000	52 949 000	34 827 000	31 604 000
Total Tangible Assets	148 720 000	153 133 000	135 858 000	133 481 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	184 812 000	193 350 000	135 858 000	133 481 000
Stock	73 965 000	91 611 000	62 236 000	64 661 000
Total Investments	0	0	0	1 000
Cash, Bank	22 977 000	13 026 000	60 262 000	8 232 000
Total Current Assets	121 599 000	127 634 000	141 923 000	90 271 000
Total Assets	306 411 000	320 984 000	277 781 000	223 752 000
Total Equity	171 305 000	141 376 000	148 341 000	127 258 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	75 133 000	97 034 000	51 781 000	55 810 000
Creditors	22 694 000	21 909 000	31 711 000	15 615 000
Unpaid Taxes	16 655 000	14 921 000	20 414 000	12 094 000
Dividends	0	0	0	0
Other Current Debt	8 045 000	10 077 000	8 480 000	7 109 000
Total Current Debt	59 973 000	82 573 000	77 659 000	40 684 000
Total Equity and Debt	306 411 000	320 983 000	277 781 000	223 752 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,54 %	44,53 %	38,02 %	16,36 %
Debt-to-Equity Ratio	0,44	0,69	0,35	0,44
Operating Profit Margin	15,81 %	22,57 %	20,46 %	10,42 %
Current Ratio	2,03	1,55	1,83	2,22
Quick Ratio	−8,69	−14,12	9,2	−3,76
Equity Ratio	0,56	0,44	0,53	0,57
Gross Profit Margin	62,96 %	57,56 %	55,2 %	52,94 %