A/S SørMek

4520 LINDESNES

Finances

Share Ownership

Return on Equity

74,26 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	76 949 000	64 381 000	36 385 000	37 439 000
Net Income	6 665 000	5 050 000	3 247 000	2 554 000
Total Assets	28 982 000	32 360 000	21 712 000	22 751 000
Total Equity	8 975 000	6 651 000	11 551 000	8 304 000

Income (NOK)	2022	2021	2020	2019
Revenue	76 949 000	64 381 000	36 385 000	37 439 000
Expenditure	68 332 000	57 739 000	32 040 000	34 073 000
Operating Profit	8 618 000	6 642 000	4 345 000	3 366 000
Financial Income	103 000	108 000	83 000	158 000
Financial Costs	176 000	275 000	272 000	277 000
Financial Balance	−73 000	−167 000	−189 000	−119 000
Earnings Before Tax	8 545 000	6 475 000	4 157 000	3 247 000
Tax	1 880 000	1 424 000	909 000	694 000
Net Income	6 665 000	5 050 000	3 247 000	2 554 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 567 000	1 912 000	8 098 000	8 465 000
Total Current Assets	27 415 000	30 448 000	13 614 000	14 287 000
Total Assets	28 982 000	32 360 000	21 712 000	22 751 000
Total Retained Equity	8 903 000	6 579 000	11 401 000	8 154 000
Total Equity	8 975 000	6 651 000	11 551 000	8 304 000
Total Long-Term Debt	0	0	2 202 000	2 604 000
Total Current Debt	20 007 000	25 709 000	7 960 000	11 843 000
Total Equity and Debt	28 982 000	32 360 000	21 712 000	22 751 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	76 949 000	64 337 000	36 385 000	37 439 000
Other Income	0	43 000	0	0
Revenue	76 949 000	64 381 000	36 385 000	37 439 000
Cost of Goods Sold	51 120 000	42 936 000	20 459 000	23 078 000
Salary Costs	11 696 000	9 569 000	8 176 000	7 382 000
Depreciation	712 000	767 000	836 000	948 000
Impairment	0	0	0	0
Expenditure	68 332 000	57 739 000	32 040 000	34 073 000
Operating Profit	8 618 000	6 642 000	4 345 000	3 366 000
Financial Income	103 000	108 000	83 000	158 000
Financial Costs	176 000	275 000	272 000	277 000
Financial Balance	−73 000	−167 000	−189 000	−119 000
Dividends	4 000 000	0	0	2 000 000
Net Income	6 665 000	5 050 000	3 247 000	2 554 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	74 000	21 000	0	0
Real Eastate	0	0	5 151 000	5 092 000
Machinery and Plant Facilities	1 494 000	1 891 000	1 802 000	2 252 000
Fixtures	0	0	0	0
Total Tangible Assets	1 494 000	1 891 000	6 953 000	7 343 000
Total Fiancial Fixed Assets	0	0	1 145 000	1 122 000
Total Fixed Assets	1 567 000	1 912 000	8 098 000	8 465 000
Stock	3 690 000	3 695 000	1 794 000	1 228 000
Total Investments	0	0	0	0
Cash, Bank	1 510 000	395 000	1 150 000	4 008 000
Total Current Assets	27 415 000	30 448 000	13 614 000	14 287 000
Total Assets	28 982 000	32 360 000	21 712 000	22 751 000
Total Equity	8 975 000	6 651 000	11 551 000	8 304 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 202 000	2 604 000
Creditors	4 504 000	6 530 000	2 181 000	3 213 000
Unpaid Taxes	4 715 000	3 134 000	1 281 000	1 441 000
Dividends	4 000 000	0	0	2 000 000
Other Current Debt	8 469 000	7 737 000	1 017 000	2 945 000
Total Current Debt	20 007 000	25 709 000	7 960 000	11 843 000
Total Equity and Debt	28 982 000	32 360 000	21 712 000	22 751 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,26 %	75,93 %	28,11 %	30,76 %
Debt-to-Equity Ratio	0	0	0,19	0,31
Operating Profit Margin	11,2 %	10,32 %	11,94 %	8,99 %
Current Ratio	1,37	1,18	1,71	1,21
Quick Ratio	1,68	1,38	2,21	1,35
Equity Ratio	0,31	0,21	0,53	0,36
Gross Profit Margin	33,57 %	33,31 %	43,77 %	38,36 %