SØRMASKIN SWT AS

4626 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

95,95 %

Current Ratio

1,21

Debt-to-Equity Ratio

1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 698 000	47 380 000	47 910 000	51 116 000
Net Income	1 967 000	1 518 000	632 000	1 667 000
Total Assets	19 307 000	17 297 000	17 761 000	18 205 000
Total Equity	2 050 000	2 050 000	2 050 000	2 050 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 698 000	47 380 000	47 910 000	51 116 000
Expenditure	45 802 000	45 126 000	46 817 000	48 670 000
Operating Profit	2 896 000	2 256 000	1 093 000	2 445 000
Financial Income	4 000	4 000	25 000	14 000
Financial Costs	343 000	298 000	299 000	286 000
Financial Balance	−339 000	−294 000	−274 000	−272 000
Earnings Before Tax	2 558 000	1 961 000	819 000	2 173 000
Tax	590 000	444 000	187 000	506 000
Net Income	1 967 000	1 518 000	632 000	1 667 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 434 000	1 378 000	1 090 000	1 315 000
Total Current Assets	17 873 000	15 919 000	16 671 000	16 890 000
Total Assets	19 307 000	17 297 000	17 761 000	18 205 000
Total Retained Equity	1 404 000	1 404 000	1 404 000	1 404 000
Total Equity	2 050 000	2 050 000	2 050 000	2 050 000
Total Long-Term Debt	2 450 000	3 150 000	460 000	1 051 000
Total Current Debt	14 807 000	12 097 000	15 251 000	15 105 000
Total Equity and Debt	19 307 000	17 297 000	17 761 000	18 205 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 698 000	47 380 000	47 910 000	51 116 000
Other Income	0	0	0	0
Revenue	48 698 000	47 380 000	47 910 000	51 116 000
Cost of Goods Sold	30 969 000	31 278 000	32 563 000	34 335 000
Salary Costs	10 598 000	9 583 000	9 311 000	9 410 000
Depreciation	139 000	138 000	156 000	144 000
Impairment	0	0	0	0
Expenditure	45 802 000	45 126 000	46 817 000	48 670 000
Operating Profit	2 896 000	2 256 000	1 093 000	2 445 000
Financial Income	4 000	4 000	25 000	14 000
Financial Costs	343 000	298 000	299 000	286 000
Financial Balance	−339 000	−294 000	−274 000	−272 000
Dividends	0	0	0	0
Net Income	1 967 000	1 518 000	632 000	1 667 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	697 000	735 000	732 000	514 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	506 000	343 000	306 000	757 000
Fixtures	231 000	300 000	53 000	44 000
Total Tangible Assets	737 000	643 000	359 000	801 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 434 000	1 378 000	1 090 000	1 315 000
Stock	6 868 000	5 480 000	6 029 000	6 868 000
Total Investments	0	0	0	0
Cash, Bank	3 423 000	4 012 000	5 052 000	2 499 000
Total Current Assets	17 873 000	15 919 000	16 671 000	16 890 000
Total Assets	19 307 000	17 297 000	17 761 000	18 205 000
Total Equity	2 050 000	2 050 000	2 050 000	2 050 000
Short-Term Group Debt	7 378 000	5 443 000	8 129 000	8 097 000
Total Long-Term Debt	2 450 000	3 150 000	460 000	1 051 000
Creditors	3 958 000	3 469 000	4 023 000	3 413 000
Unpaid Taxes	2 012 000	1 552 000	1 452 000	1 906 000
Dividends	0	0	0	0
Other Current Debt	1 460 000	1 633 000	1 647 000	1 689 000
Total Current Debt	14 807 000	12 097 000	15 251 000	15 105 000
Total Equity and Debt	19 307 000	17 297 000	17 761 000	18 205 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,95 %	74,05 %	30,83 %	81,32 %
Debt-to-Equity Ratio	1,2	1,54	0,22	0,51
Operating Profit Margin	5,95 %	4,76 %	2,28 %	4,78 %
Current Ratio	1,21	1,32	1,09	1,12
Quick Ratio	2,25	2,41	1,81	2,05
Equity Ratio	0,11	0,12	0,12	0,11
Gross Profit Margin	36,41 %	33,98 %	32,03 %	32,83 %