SUNNMØRE MASKIN AS

6153 ØRSTA

Finances

Share Ownership

Return on Equity

53,02 %

Current Ratio

0,57

Debt-to-Equity Ratio

2,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 690 000	1 167 000	1 056 000	1 141 000
Net Income	281 000	40 000	41 000	66 000
Total Assets	2 855 000	706 000	877 000	1 183 000
Total Equity	530 000	429 000	389 000	347 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 690 000	1 167 000	1 056 000	1 141 000
Expenditure	1 288 000	1 096 000	970 000	1 015 000
Operating Profit	402 000	71 000	86 000	127 000
Financial Income	0	0	0	0
Financial Costs	42 000	19 000	33 000	43 000
Financial Balance	−42 000	−19 000	−33 000	−43 000
Earnings Before Tax	360 000	52 000	53 000	84 000
Tax	79 000	11 000	12 000	19 000
Net Income	281 000	40 000	41 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 197 000	607 000	765 000	939 000
Total Current Assets	658 000	99 000	111 000	243 000
Total Assets	2 855 000	706 000	877 000	1 183 000
Total Retained Equity	500 000	219 000	179 000	137 000
Total Equity	530 000	429 000	389 000	347 000
Total Long-Term Debt	1 166 000	83 000	351 000	566 000
Total Current Debt	1 160 000	194 000	137 000	269 000
Total Equity and Debt	2 855 000	706 000	877 000	1 183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 690 000	1 167 000	1 056 000	1 141 000
Other Income	0	0	0	0
Revenue	1 690 000	1 167 000	1 056 000	1 141 000
Cost of Goods Sold	334 000	195 000	216 000	67 000
Salary Costs	120 000	313 000	219 000	313 000
Depreciation	213 000	147 000	162 000	201 000
Impairment	0	0	0	0
Expenditure	1 288 000	1 096 000	970 000	1 015 000
Operating Profit	402 000	71 000	86 000	127 000
Financial Income	0	0	0	0
Financial Costs	42 000	19 000	33 000	43 000
Financial Balance	−42 000	−19 000	−33 000	−43 000
Dividends	0	0	0	0
Net Income	281 000	40 000	41 000	66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	60 000	72 000	83 000
Real Eastate	121 000	42 000	47 000	52 000
Machinery and Plant Facilities	1 345 000	383 000	478 000	584 000
Fixtures	732 000	122 000	169 000	220 000
Total Tangible Assets	2 197 000	547 000	694 000	856 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 197 000	607 000	765 000	939 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	607 000	35 000	27 000	17 000
Total Current Assets	658 000	99 000	111 000	243 000
Total Assets	2 855 000	706 000	877 000	1 183 000
Total Equity	530 000	429 000	389 000	347 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 166 000	83 000	351 000	566 000
Creditors	38 000	35 000	17 000	42 000
Unpaid Taxes	122 000	102 000	95 000	61 000
Dividends	0	0	0	0
Other Current Debt	999 000	57 000	25 000	44 000
Total Current Debt	1 160 000	194 000	137 000	269 000
Total Equity and Debt	2 855 000	706 000	877 000	1 183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,02 %	9,32 %	10,54 %	19,02 %
Debt-to-Equity Ratio	2,2	0,19	0,9	1,63
Operating Profit Margin	23,79 %	6,08 %	8,14 %	11,13 %
Current Ratio	0,57	0,51	0,81	0,9
Quick Ratio	0,57	0,51	0,81	0,9
Equity Ratio	0,19	0,61	0,44	0,29
Gross Profit Margin	80,24 %	83,29 %	79,55 %	94,13 %