SOCON NORHEIMSUND SVEIS AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

12,82 %

Current Ratio

2,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 174 000	13 635 000	11 887 000	7 700 000
Net Income	356 000	234 000	373 000	−107 000
Total Assets	5 136 000	6 774 000	6 070 000	4 363 000
Total Equity	2 777 000	2 689 000	2 689 000	2 706 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 174 000	13 635 000	11 887 000	7 700 000
Expenditure	12 692 000	13 312 000	11 406 000	7 819 000
Operating Profit	482 000	323 000	481 000	−118 000
Financial Income	0	2 000	0	0
Financial Costs	23 000	25 000	2 000	13 000
Financial Balance	−23 000	−23 000	−2 000	−13 000
Earnings Before Tax	459 000	301 000	479 000	−132 000
Tax	103 000	66 000	105 000	−24 000
Net Income	356 000	234 000	373 000	−107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	406 000	426 000	87 000	133 000
Total Current Assets	4 730 000	6 348 000	5 983 000	4 230 000
Total Assets	5 136 000	6 774 000	6 070 000	4 363 000
Total Retained Equity	1 277 000	1 189 000	1 189 000	1 206 000
Total Equity	2 777 000	2 689 000	2 689 000	2 706 000
Total Long-Term Debt	0	3 000	0	0
Total Current Debt	2 359 000	4 082 000	3 381 000	1 657 000
Total Equity and Debt	5 136 000	6 774 000	6 070 000	4 363 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 140 000	13 635 000	11 887 000	7 700 000
Other Income	34 000	0	0	0
Revenue	13 174 000	13 635 000	11 887 000	7 700 000
Cost of Goods Sold	5 023 000	4 831 000	4 397 000	1 632 000
Salary Costs	5 077 000	6 053 000	4 642 000	4 206 000
Depreciation	123 000	101 000	50 000	109 000
Impairment	0	0	0	0
Expenditure	12 692 000	13 312 000	11 406 000	7 819 000
Operating Profit	482 000	323 000	481 000	−118 000
Financial Income	0	2 000	0	0
Financial Costs	23 000	25 000	2 000	13 000
Financial Balance	−23 000	−23 000	−2 000	−13 000
Dividends	0	234 000	0	0
Net Income	356 000	234 000	373 000	−107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	10 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	54 000	52 000	78 000	120 000
Fixtures	352 000	374 000	0	8 000
Total Tangible Assets	406 000	426 000	78 000	128 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	406 000	426 000	87 000	133 000
Stock	601 000	610 000	387 000	424 000
Total Investments	0	0	0	0
Cash, Bank	143 000	185 000	797 000	136 000
Total Current Assets	4 730 000	6 348 000	5 983 000	4 230 000
Total Assets	5 136 000	6 774 000	6 070 000	4 363 000
Total Equity	2 777 000	2 689 000	2 689 000	2 706 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	0	0
Creditors	267 000	1 188 000	1 352 000	379 000
Unpaid Taxes	618 000	1 490 000	1 013 000	695 000
Dividends	0	234 000	0	0
Other Current Debt	1 369 000	1 350 000	1 017 000	499 000
Total Current Debt	2 359 000	4 082 000	3 381 000	1 657 000
Total Equity and Debt	5 136 000	6 774 000	6 070 000	4 363 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,82 %	8,7 %	13,87 %	−3,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,66 %	2,37 %	4,05 %	−1,53 %
Current Ratio	2,01	1,56	1,77	2,55
Quick Ratio	2,69	1,83	2	3,43
Equity Ratio	0,54	0,4	0,44	0,62
Gross Profit Margin	61,87 %	64,57 %	63,01 %	78,81 %