SCANDINAVIAN FITTINGS AND FLANGES AS

4314 SANDNES

Finances

Return on Equity

28,26 %

Current Ratio

1,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	616 983 000	680 175 000	539 165 000	1 080 830 000
Net Income	50 115 000	26 921 000	47 192 000	54 034 000
Total Assets	338 521 000	354 187 000	306 764 000	377 652 000
Total Equity	177 307 000	172 192 000	170 270 000	163 078 000

Income (NOK)	2022	2021	2020	2019
Revenue	616 983 000	680 175 000	539 165 000	1 080 830 000
Expenditure	570 979 000	643 808 000	488 528 000	1 011 994 000
Operating Profit	46 004 000	36 367 000	50 637 000	68 836 000
Financial Income	19 306 000	−503 000	10 895 000	14 290 000
Financial Costs	517 000	1 060 000	702 000	13 384 000
Financial Balance	18 789 000	−1 563 000	10 193 000	906 000
Earnings Before Tax	64 794 000	34 804 000	60 829 000	69 742 000
Tax	14 678 000	7 883 000	13 637 000	15 707 000
Net Income	50 115 000	26 921 000	47 192 000	54 034 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 019 000	44 183 000	45 771 000	26 032 000
Total Current Assets	289 502 000	310 004 000	260 992 000	351 620 000
Total Assets	338 521 000	354 187 000	306 764 000	377 652 000
Total Retained Equity	172 577 000	167 462 000	165 540 000	158 348 000
Total Equity	177 307 000	172 192 000	170 270 000	163 078 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	161 214 000	181 995 000	136 493 000	214 574 000
Total Equity and Debt	338 521 000	354 187 000	306 764 000	377 652 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	616 773 000	680 115 000	539 127 000	1 080 791 000
Other Income	210 000	61 000	39 000	39 000
Revenue	616 983 000	680 175 000	539 165 000	1 080 830 000
Cost of Goods Sold	438 618 000	539 554 000	386 481 000	880 533 000
Salary Costs	100 070 000	78 287 000	78 397 000	105 408 000
Depreciation	938 000	854 000	721 000	737 000
Impairment	0	0	0	0
Expenditure	570 979 000	643 808 000	488 528 000	1 011 994 000
Operating Profit	46 004 000	36 367 000	50 637 000	68 836 000
Financial Income	19 306 000	−503 000	10 895 000	14 290 000
Financial Costs	517 000	1 060 000	702 000	13 384 000
Financial Balance	18 789 000	−1 563 000	10 193 000	906 000
Dividends	0	0	0	0
Net Income	50 115 000	26 921 000	47 192 000	54 034 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 551 000	5 816 000	4 782 000	7 691 000
Real Eastate	571 000	3 215 000	3 215 000	3 215 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 785 000	3 162 000	3 267 000	2 843 000
Total Tangible Assets	4 356 000	6 376 000	6 481 000	6 058 000
Total Fiancial Fixed Assets	40 112 000	38 706 000	34 508 000	12 283 000
Total Fixed Assets	49 019 000	44 183 000	45 771 000	26 032 000
Stock	103 384 000	95 624 000	109 722 000	88 157 000
Total Investments	0	0	0	0
Cash, Bank	63 262 000	6 576 000	17 198 000	52 242 000
Total Current Assets	289 502 000	310 004 000	260 992 000	351 620 000
Total Assets	338 521 000	354 187 000	306 764 000	377 652 000
Total Equity	177 307 000	172 192 000	170 270 000	163 078 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	43 301 000	70 044 000	46 866 000	65 806 000
Unpaid Taxes	32 303 000	23 015 000	19 991 000	22 024 000
Dividends	0	0	0	0
Other Current Debt	72 197 000	80 502 000	58 909 000	110 593 000
Total Current Debt	161 214 000	181 995 000	136 493 000	214 574 000
Total Equity and Debt	338 521 000	354 187 000	306 764 000	377 652 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,26 %	15,63 %	27,72 %	33,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,46 %	5,35 %	9,39 %	6,37 %
Current Ratio	1,8	1,7	1,91	1,64
Quick Ratio	5,01	3,59	9,75	2,78
Equity Ratio	0,52	0,49	0,56	0,43
Gross Profit Margin	28,91 %	20,67 %	28,32 %	18,53 %