SANDNES RØR AS

6320 ISFJORDEN

Finances

Share Ownership

Return on Equity

40,86 %

Current Ratio

2,88

Debt-to-Equity Ratio

3,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 704 000	6 097 000	6 533 000	9 520 000
Net Income	324 000	132 000	7 000	426 000
Total Assets	4 649 000	4 421 000	4 202 000	9 441 000
Total Equity	793 000	469 000	337 000	3 876 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 704 000	6 097 000	6 533 000	9 520 000
Expenditure	7 169 000	5 848 000	6 412 000	8 793 000
Operating Profit	534 000	249 000	121 000	726 000
Financial Income	1 000	11 000	10 000	1 000
Financial Costs	119 000	89 000	119 000	178 000
Financial Balance	−118 000	−78 000	−109 000	−177 000
Earnings Before Tax	416 000	170 000	12 000	550 000
Tax	91 000	37 000	5 000	123 000
Net Income	324 000	132 000	7 000	426 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 035 000	1 163 000	1 354 000	6 439 000
Total Current Assets	3 615 000	3 258 000	2 848 000	3 001 000
Total Assets	4 649 000	4 421 000	4 202 000	9 441 000
Total Retained Equity	463 000	139 000	7 000	2 776 000
Total Equity	793 000	469 000	337 000	3 876 000
Total Long-Term Debt	2 600 000	2 750 000	2 900 000	4 144 000
Total Current Debt	1 256 000	1 202 000	965 000	1 421 000
Total Equity and Debt	4 649 000	4 421 000	4 202 000	9 441 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 694 000	6 097 000	6 533 000	9 879 000
Other Income	10 000	0	0	−360 000
Revenue	7 704 000	6 097 000	6 533 000	9 520 000
Cost of Goods Sold	2 742 000	1 566 000	1 913 000	3 821 000
Salary Costs	2 675 000	2 648 000	2 807 000	3 526 000
Depreciation	192 000	211 000	232 000	268 000
Impairment	0	0	0	0
Expenditure	7 169 000	5 848 000	6 412 000	8 793 000
Operating Profit	534 000	249 000	121 000	726 000
Financial Income	1 000	11 000	10 000	1 000
Financial Costs	119 000	89 000	119 000	178 000
Financial Balance	−118 000	−78 000	−109 000	−177 000
Dividends	0	0	0	0
Net Income	324 000	132 000	7 000	426 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	316 000	304 000	309 000	285 000
Real Eastate	447 000	511 000	590 000	681 000
Machinery and Plant Facilities	0	0	0	498 000
Fixtures	272 000	348 000	455 000	33 000
Total Tangible Assets	719 000	859 000	1 045 000	1 212 000
Total Fiancial Fixed Assets	0	0	0	4 943 000
Total Fixed Assets	1 035 000	1 163 000	1 354 000	6 439 000
Stock	1 755 000	1 728 000	1 574 000	1 659 000
Total Investments	0	0	0	0
Cash, Bank	1 165 000	664 000	85 000	151 000
Total Current Assets	3 615 000	3 258 000	2 848 000	3 001 000
Total Assets	4 649 000	4 421 000	4 202 000	9 441 000
Total Equity	793 000	469 000	337 000	3 876 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 600 000	2 750 000	2 900 000	4 144 000
Creditors	597 000	210 000	87 000	262 000
Unpaid Taxes	224 000	441 000	355 000	442 000
Dividends	0	0	0	0
Other Current Debt	332 000	519 000	493 000	342 000
Total Current Debt	1 256 000	1 202 000	965 000	1 421 000
Total Equity and Debt	4 649 000	4 421 000	4 202 000	9 441 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,86 %	28,14 %	2,08 %	10,99 %
Debt-to-Equity Ratio	3,28	5,86	8,61	1,07
Operating Profit Margin	6,93 %	4,08 %	1,85 %	7,63 %
Current Ratio	2,88	2,71	2,95	2,11
Quick Ratio	−7,24	−6,19	−4,68	−12,61
Equity Ratio	0,17	0,11	0,08	0,41
Gross Profit Margin	64,41 %	74,32 %	70,72 %	59,86 %