SORTLAND MASKIN AS

8403 SORTLAND

Finances

Return on Equity

27,63 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	97 706 000	102 642 000	75 381 000	60 009 000
Net Income	2 942 000	4 537 000	2 129 000	−1 489 000
Total Assets	54 500 000	37 492 000	38 642 000	29 040 000
Total Equity	10 646 000	9 704 000	7 168 000	5 038 000

Income (NOK)	2022	2021	2020	2019
Revenue	97 706 000	102 642 000	75 381 000	60 009 000
Expenditure	93 397 000	96 593 000	72 776 000	60 796 000
Operating Profit	4 309 000	6 051 000	2 826 000	−787 000
Financial Income	23 000	−15 000	47 000	60 000
Financial Costs	535 000	447 000	603 000	762 000
Financial Balance	−512 000	−462 000	−556 000	−702 000
Earnings Before Tax	3 797 000	5 588 000	2 269 000	−1 489 000
Tax	855 000	1 051 000	140 000	0
Net Income	2 942 000	4 537 000	2 129 000	−1 489 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 010 000	4 367 000	5 107 000	4 909 000
Total Current Assets	50 490 000	33 125 000	33 535 000	24 131 000
Total Assets	54 500 000	37 492 000	38 642 000	29 040 000
Total Retained Equity	10 346 000	9 404 000	6 868 000	4 738 000
Total Equity	10 646 000	9 704 000	7 168 000	5 038 000
Total Long-Term Debt	3 521 000	3 892 000	5 202 000	5 284 000
Total Current Debt	40 333 000	23 896 000	26 272 000	18 718 000
Total Equity and Debt	54 500 000	37 492 000	38 642 000	29 040 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	93 780 000	99 086 000	71 837 000	58 028 000
Other Income	3 926 000	3 556 000	3 544 000	1 981 000
Revenue	97 706 000	102 642 000	75 381 000	60 009 000
Cost of Goods Sold	74 827 000	79 284 000	58 203 000	48 675 000
Salary Costs	9 663 000	8 865 000	7 356 000	7 024 000
Depreciation	390 000	521 000	556 000	516 000
Impairment	0	0	0	0
Expenditure	93 397 000	96 593 000	72 776 000	60 796 000
Operating Profit	4 309 000	6 051 000	2 826 000	−787 000
Financial Income	23 000	−15 000	47 000	60 000
Financial Costs	535 000	447 000	603 000	762 000
Financial Balance	−512 000	−462 000	−556 000	−702 000
Dividends	2 000 000	2 000 000	0	0
Net Income	2 942 000	4 537 000	2 129 000	−1 489 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	602 000	221 000	0	0
Real Eastate	1 367 000	1 556 000	1 745 000	1 934 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	663 000	285 000	1 232 000	1 295 000
Total Tangible Assets	2 031 000	1 841 000	2 977 000	3 229 000
Total Fiancial Fixed Assets	1 377 000	2 306 000	2 130 000	1 681 000
Total Fixed Assets	4 010 000	4 367 000	5 107 000	4 909 000
Stock	35 519 000	19 015 000	24 708 000	15 915 000
Total Investments	0	0	0	0
Cash, Bank	708 000	1 284 000	1 312 000	575 000
Total Current Assets	50 490 000	33 125 000	33 535 000	24 131 000
Total Assets	54 500 000	37 492 000	38 642 000	29 040 000
Total Equity	10 646 000	9 704 000	7 168 000	5 038 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 521 000	3 892 000	5 202 000	5 284 000
Creditors	28 499 000	16 232 000	13 609 000	12 691 000
Unpaid Taxes	680 000	793 000	764 000	2 486 000
Dividends	2 000 000	2 000 000	0	0
Other Current Debt	6 489 000	3 599 000	9 140 000	1 801 000
Total Current Debt	40 333 000	23 896 000	26 272 000	18 718 000
Total Equity and Debt	54 500 000	37 492 000	38 642 000	29 040 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,63 %	46,75 %	29,7 %	−29,56 %
Debt-to-Equity Ratio	0,33	0,4	0,73	1,05
Operating Profit Margin	4,41 %	5,9 %	3,75 %	−1,31 %
Current Ratio	1,25	1,39	1,28	1,29
Quick Ratio	10,49	6,79	21,44	8,61
Equity Ratio	0,2	0,26	0,19	0,17
Gross Profit Margin	23,42 %	22,76 %	22,79 %	18,89 %