SØRHEIM MASKIN AS

7604 LEVANGER

Finances

Share Ownership

Return on Equity

−2,14 %

Current Ratio

2,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 272 000	23 137 000	29 713 000	27 921 000
Net Income	−273 000	518 000	3 440 000	1 912 000
Total Assets	17 468 000	24 019 000	27 400 000	23 990 000
Total Equity	12 761 000	13 535 000	14 017 000	11 077 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 272 000	23 137 000	29 713 000	27 921 000
Expenditure	18 183 000	22 042 000	25 330 000	25 339 000
Operating Profit	89 000	1 096 000	4 383 000	2 582 000
Financial Income	32 000	13 000	40 000	64 000
Financial Costs	136 000	231 000	298 000	247 000
Financial Balance	−104 000	−218 000	−258 000	−183 000
Earnings Before Tax	−15 000	878 000	4 126 000	2 399 000
Tax	258 000	360 000	686 000	487 000
Net Income	−273 000	518 000	3 440 000	1 912 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 478 000	10 331 000	12 962 000	9 500 000
Total Current Assets	10 991 000	13 687 000	14 438 000	14 490 000
Total Assets	17 468 000	24 019 000	27 400 000	23 990 000
Total Retained Equity	12 661 000	13 435 000	13 917 000	10 977 000
Total Equity	12 761 000	13 535 000	14 017 000	11 077 000
Total Long-Term Debt	0	3 358 000	6 016 000	5 212 000
Total Current Debt	4 707 000	7 126 000	7 368 000	7 701 000
Total Equity and Debt	17 468 000	24 019 000	27 400 000	23 990 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 018 000	22 044 000	27 817 000	28 080 000
Other Income	254 000	1 093 000	1 896 000	−159 000
Revenue	18 272 000	23 137 000	29 713 000	27 921 000
Cost of Goods Sold	2 732 000	3 881 000	4 267 000	5 687 000
Salary Costs	6 817 000	8 659 000	10 611 000	10 650 000
Depreciation	3 854 000	4 431 000	3 923 000	3 225 000
Impairment	0	0	0	0
Expenditure	18 183 000	22 042 000	25 330 000	25 339 000
Operating Profit	89 000	1 096 000	4 383 000	2 582 000
Financial Income	32 000	13 000	40 000	64 000
Financial Costs	136 000	231 000	298 000	247 000
Financial Balance	−104 000	−218 000	−258 000	−183 000
Dividends	500 000	1 000 000	500 000	0
Net Income	−273 000	518 000	3 440 000	1 912 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	1 544 000	445 000	744 000
Fixtures	6 477 000	8 786 000	12 516 000	8 755 000
Total Tangible Assets	6 477 000	10 330 000	12 961 000	9 499 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	6 478 000	10 331 000	12 962 000	9 500 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 930 000	8 938 000	7 890 000	6 554 000
Total Current Assets	10 991 000	13 687 000	14 438 000	14 490 000
Total Assets	17 468 000	24 019 000	27 400 000	23 990 000
Total Equity	12 761 000	13 535 000	14 017 000	11 077 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 358 000	6 016 000	5 212 000
Creditors	559 000	765 000	756 000	1 031 000
Unpaid Taxes	1 538 000	2 474 000	2 716 000	3 010 000
Dividends	500 000	1 000 000	500 000	0
Other Current Debt	1 852 000	2 527 000	2 710 000	3 172 000
Total Current Debt	4 707 000	7 126 000	7 368 000	7 701 000
Total Equity and Debt	17 468 000	24 019 000	27 400 000	23 990 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,14 %	3,83 %	24,54 %	17,26 %
Debt-to-Equity Ratio	0	0,25	0,43	0,47
Operating Profit Margin	0,49 %	4,74 %	14,75 %	9,25 %
Current Ratio	2,34	1,92	1,96	1,88
Quick Ratio	2,34	1,92	1,96	1,88
Equity Ratio	0,73	0,56	0,51	0,46
Gross Profit Margin	85,05 %	83,23 %	85,64 %	79,63 %