SØRSKÅR MEKANISKE VERKSTED AS

4120 TAU

Finances

Share Ownership

Return on Equity

74,73 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	117 995 000	82 049 000	45 943 000	43 500 000
Net Income	17 730 000	7 555 000	4 713 000	7 596 000
Total Assets	61 787 000	41 980 000	25 246 000	16 622 000
Total Equity	23 724 000	17 994 000	11 439 000	9 227 000

Income (NOK)	2022	2021	2020	2019
Revenue	117 995 000	82 049 000	45 943 000	43 500 000
Expenditure	95 233 000	72 312 000	39 846 000	33 609 000
Operating Profit	22 763 000	9 737 000	6 099 000	9 892 000
Financial Income	7 000	1 000	2 000	3 000
Financial Costs	0	51 000	0	157 000
Financial Balance	7 000	−50 000	2 000	−154 000
Earnings Before Tax	22 654 000	9 686 000	6 045 000	9 738 000
Tax	4 924 000	2 131 000	1 332 000	2 143 000
Net Income	17 730 000	7 555 000	4 713 000	7 596 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 810 000	7 706 000	6 744 000	586 000
Total Current Assets	51 977 000	34 273 000	18 501 000	16 036 000
Total Assets	61 787 000	41 980 000	25 246 000	16 622 000
Total Retained Equity	18 474 000	12 744 000	6 189 000	8 977 000
Total Equity	23 724 000	17 994 000	11 439 000	9 227 000
Total Long-Term Debt	65 000	0	21 000	0
Total Current Debt	37 998 000	23 986 000	13 785 000	7 396 000
Total Equity and Debt	61 787 000	41 980 000	25 246 000	16 622 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	117 995 000	82 049 000	45 943 000	43 500 000
Other Income	0	0	0	0
Revenue	117 995 000	82 049 000	45 943 000	43 500 000
Cost of Goods Sold	41 972 000	27 181 000	17 084 000	12 970 000
Salary Costs	37 812 000	29 802 000	16 081 000	15 309 000
Depreciation	2 050 000	1 595 000	648 000	321 000
Impairment	0	0	0	0
Expenditure	95 233 000	72 312 000	39 846 000	33 609 000
Operating Profit	22 763 000	9 737 000	6 099 000	9 892 000
Financial Income	7 000	1 000	2 000	3 000
Financial Costs	0	51 000	0	157 000
Financial Balance	7 000	−50 000	2 000	−154 000
Dividends	12 000 000	1 000 000	3 000 000	0
Net Income	17 730 000	7 555 000	4 713 000	7 596 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	3 273 000	4 463 000	5 653 000	0
Total Intangible Assets	4 459 000	5 075 000	5 653 000	200 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 352 000	2 632 000	1 092 000	385 000
Total Tangible Assets	5 352 000	2 632 000	1 092 000	385 000
Total Fiancial Fixed Assets	0	0	0	1 000
Total Fixed Assets	9 810 000	7 706 000	6 744 000	586 000
Stock	13 746 000	11 104 000	4 822 000	4 364 000
Total Investments	0	0	0	0
Cash, Bank	20 516 000	1 398 000	3 120 000	5 083 000
Total Current Assets	51 977 000	34 273 000	18 501 000	16 036 000
Total Assets	61 787 000	41 980 000	25 246 000	16 622 000
Total Equity	23 724 000	17 994 000	11 439 000	9 227 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	65 000	0	21 000	0
Creditors	9 188 000	6 791 000	5 042 000	966 000
Unpaid Taxes	4 033 000	4 132 000	2 085 000	2 272 000
Dividends	12 000 000	1 000 000	3 000 000	0
Other Current Debt	7 740 000	9 299 000	2 547 000	2 006 000
Total Current Debt	37 998 000	23 986 000	13 785 000	7 396 000
Total Equity and Debt	61 787 000	41 980 000	25 246 000	16 622 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,73 %	41,99 %	41,2 %	82,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,29 %	11,87 %	13,28 %	22,74 %
Current Ratio	1,37	1,43	1,34	2,17
Quick Ratio	2,14	2,66	2,06	5,29
Equity Ratio	0,38	0,43	0,45	0,56
Gross Profit Margin	64,43 %	66,87 %	62,81 %	70,18 %