SØRVEST BETONGSAGING AS

4387 BJERKREIM

Finances

Share Ownership

Return on Equity

53,6 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 023 000	38 945 000	44 439 000	46 109 000
Net Income	5 735 000	2 896 000	3 850 000	4 177 000
Total Assets	36 014 000	16 658 000	19 775 000	26 762 000
Total Equity	10 699 000	9 864 000	6 968 000	12 187 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 023 000	38 945 000	44 439 000	46 109 000
Expenditure	50 643 000	35 202 000	39 429 000	40 674 000
Operating Profit	7 380 000	3 743 000	5 011 000	5 433 000
Financial Income	3 000	7 000	24 000	65 000
Financial Costs	6 000	0	1 000	30 000
Financial Balance	−3 000	7 000	23 000	35 000
Earnings Before Tax	7 377 000	3 749 000	5 034 000	5 468 000
Tax	1 643 000	853 000	1 184 000	1 291 000
Net Income	5 735 000	2 896 000	3 850 000	4 177 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 138 000	7 192 000	7 187 000	6 933 000
Total Current Assets	29 876 000	9 467 000	12 588 000	19 829 000
Total Assets	36 014 000	16 658 000	19 775 000	26 762 000
Total Retained Equity	10 559 000	9 724 000	6 828 000	12 047 000
Total Equity	10 699 000	9 864 000	6 968 000	12 187 000
Total Long-Term Debt	460 000	0	0	0
Total Current Debt	24 856 000	6 794 000	12 807 000	14 575 000
Total Equity and Debt	36 014 000	16 658 000	19 775 000	26 762 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 843 000	38 905 000	44 318 000	46 109 000
Other Income	180 000	40 000	121 000	0
Revenue	58 023 000	38 945 000	44 439 000	46 109 000
Cost of Goods Sold	19 428 000	4 296 000	5 888 000	6 489 000
Salary Costs	21 023 000	18 125 000	18 988 000	20 537 000
Depreciation	2 253 000	2 959 000	2 507 000	1 916 000
Impairment	0	0	0	0
Expenditure	50 643 000	35 202 000	39 429 000	40 674 000
Operating Profit	7 380 000	3 743 000	5 011 000	5 433 000
Financial Income	3 000	7 000	24 000	65 000
Financial Costs	6 000	0	1 000	30 000
Financial Balance	−3 000	7 000	23 000	35 000
Dividends	4 900 000	0	3 000 000	4 000 000
Net Income	5 735 000	2 896 000	3 850 000	4 177 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	801 000	592 000	499 000	460 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 359 000	2 527 000	3 080 000	4 245 000
Fixtures	3 561 000	3 473 000	2 808 000	1 355 000
Total Tangible Assets	4 920 000	6 000 000	5 888 000	5 600 000
Total Fiancial Fixed Assets	417 000	600 000	800 000	873 000
Total Fixed Assets	6 138 000	7 192 000	7 187 000	6 933 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 719 000	3 094 000	3 182 000	11 165 000
Total Current Assets	29 876 000	9 467 000	12 588 000	19 829 000
Total Assets	36 014 000	16 658 000	19 775 000	26 762 000
Total Equity	10 699 000	9 864 000	6 968 000	12 187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	460 000	0	0	0
Creditors	1 258 000	1 327 000	2 260 000	1 892 000
Unpaid Taxes	5 447 000	2 523 000	2 788 000	2 903 000
Dividends	4 900 000	0	3 000 000	4 000 000
Other Current Debt	16 298 000	1 999 000	3 467 000	3 681 000
Total Current Debt	24 856 000	6 794 000	12 807 000	14 575 000
Total Equity and Debt	36 014 000	16 658 000	19 775 000	26 762 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,6 %	29,36 %	55,25 %	34,27 %
Debt-to-Equity Ratio	0,04	0	0	0
Operating Profit Margin	12,72 %	9,61 %	11,28 %	11,78 %
Current Ratio	1,2	1,39	0,98	1,36
Quick Ratio	1,2	1,39	0,98	1,36
Equity Ratio	0,3	0,59	0,35	0,46
Gross Profit Margin	66,52 %	88,97 %	86,75 %	85,93 %