SORKNES MASKIN OG LANDBRUK AS

2260 KIRKENÆR

Finances

Share Ownership

Return on Equity

225,1 %

Current Ratio

0,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 908 000	26 757 000	10 340 000	0
Net Income	4 583 000	404 000	124 000	0
Total Assets	15 099 000	7 849 000	4 082 000	30 000
Total Equity	2 036 000	553 000	149 000	24 000

Income (NOK)	2022	2021	2020
Revenue	41 908 000	26 757 000	10 340 000
Expenditure	35 975 000	26 122 000	10 160 000
Operating Profit	5 933 000	636 000	180 000
Financial Income	13 000	13 000	0
Financial Costs	70 000	131 000	22 000
Financial Balance	−57 000	−118 000	−22 000
Earnings Before Tax	5 876 000	518 000	158 000
Tax	1 293 000	114 000	33 000
Net Income	4 583 000	404 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 058 000	28 000	0	0
Total Current Assets	12 042 000	7 821 000	4 082 000	30 000
Total Assets	15 099 000	7 849 000	4 082 000	30 000
Total Retained Equity	2 006 000	523 000	119 000	0
Total Equity	2 036 000	553 000	149 000	24 000
Total Long-Term Debt	6 000	27 000	11 000	0
Total Current Debt	13 057 000	7 270 000	3 922 000	6 000
Total Equity and Debt	15 099 000	7 849 000	4 082 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	41 908 000	26 757 000	10 340 000
Other Income	0	0	0
Revenue	41 908 000	26 757 000	10 340 000
Cost of Goods Sold	9 616 000	7 479 000	0
Salary Costs	22 824 000	17 914 000	10 056 000
Depreciation	15 000	2 000	0
Impairment	0	0	0
Expenditure	35 975 000	26 122 000	10 160 000
Operating Profit	5 933 000	636 000	180 000
Financial Income	13 000	13 000	0
Financial Costs	70 000	131 000	22 000
Financial Balance	−57 000	−118 000	−22 000
Dividends	3 100 000	0	0
Net Income	4 583 000	404 000	124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 877 000	0	0	0
Machinery and Plant Facilities	128 000	0	0	0
Fixtures	53 000	28 000	0	0
Total Tangible Assets	3 058 000	28 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 058 000	28 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	963 000	903 000	500 000	30 000
Total Current Assets	12 042 000	7 821 000	4 082 000	30 000
Total Assets	15 099 000	7 849 000	4 082 000	30 000
Total Equity	2 036 000	553 000	149 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	27 000	11 000	0
Creditors	923 000	852 000	17 000	0
Unpaid Taxes	4 290 000	3 035 000	2 334 000	0
Dividends	3 100 000	0	0	0
Other Current Debt	3 431 000	3 284 000	1 549 000	6 000
Total Current Debt	13 057 000	7 270 000	3 922 000	6 000
Total Equity and Debt	15 099 000	7 849 000	4 082 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	225,1 %	73,06 %	83,22 %	0 %
Debt-to-Equity Ratio	0	0,05	0,07	0
Operating Profit Margin	14,16 %	2,38 %	1,74 %	-
Current Ratio	0,92	1,08	1,04	5
Quick Ratio	0,92	1,08	1,04	5
Equity Ratio	0,13	0,07	0,04	0,8
Gross Profit Margin	77,05 %	72,05 %	100 %	-