SØR-REIME OG AANESTAD MASKINUTLEIE AS

4360 VARHAUG

Finances

Share Ownership

Return on Equity

9,38 %

Current Ratio

2,31

Debt-to-Equity Ratio

30,55

Key figures (NOK)	2022	2021	2020
Revenue	1 052 000	869 000	255 000
Net Income	9 000	54 000	−1 000
Total Assets	3 615 000	3 340 000	582 000
Total Equity	96 000	87 000	33 000

Income (NOK)	2022	2021	2020
Revenue	1 052 000	869 000	255 000
Expenditure	931 000	752 000	252 000
Operating Profit	121 000	117 000	2 000
Financial Income	0	0	0
Financial Costs	110 000	48 000	6 000
Financial Balance	−110 000	−48 000	−6 000
Earnings Before Tax	11 000	70 000	−3 000
Tax	2 000	15 000	−2 000
Net Income	9 000	54 000	−1 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 259 000	2 124 000	275 000
Total Current Assets	1 356 000	1 216 000	307 000
Total Assets	3 615 000	3 340 000	582 000
Total Retained Equity	62 000	53 000	−1 000
Total Equity	96 000	87 000	33 000
Total Long-Term Debt	2 933 000	2 706 000	357 000
Total Current Debt	586 000	547 000	192 000
Total Equity and Debt	3 615 000	3 340 000	582 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	1 052 000	869 000	255 000
Revenue	1 052 000	869 000	255 000
Cost of Goods Sold	603 000	591 000	217 000
Salary Costs	0	0	0
Depreciation	244 000	134 000	35 000
Impairment	0	0	0
Expenditure	931 000	752 000	252 000
Operating Profit	121 000	117 000	2 000
Financial Income	0	0	0
Financial Costs	110 000	48 000	6 000
Financial Balance	−110 000	−48 000	−6 000
Dividends	0	0	0
Net Income	9 000	54 000	−1 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	2 000
Real Eastate	0	0	0
Machinery and Plant Facilities	2 258 000	2 124 000	273 000
Fixtures	0	0	0
Total Tangible Assets	2 258 000	2 124 000	273 000
Total Fiancial Fixed Assets	1 000	1 000	0
Total Fixed Assets	2 259 000	2 124 000	275 000
Stock	41 000	129 000	0
Total Investments	0	0	0
Cash, Bank	0	1 000	1 000
Total Current Assets	1 356 000	1 216 000	307 000
Total Assets	3 615 000	3 340 000	582 000
Total Equity	96 000	87 000	33 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 933 000	2 706 000	357 000
Creditors	407 000	427 000	272 000
Unpaid Taxes	179 000	121 000	−80 000
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	586 000	547 000	192 000
Total Equity and Debt	3 615 000	3 340 000	582 000

Financial indicators	2022	2021	2020
Return on Equity	9,38 %	62,07 %	−3,03 %
Debt-to-Equity Ratio	30,55	31,1	10,82
Operating Profit Margin	11,5 %	13,46 %	0,78 %
Current Ratio	2,31	2,22	1,6
Quick Ratio	2,49	2,91	1,6
Equity Ratio	0,03	0,03	0,06
Gross Profit Margin	42,68 %	31,99 %	14,9 %