FOR MEN SANDVIKA AS

1300 SANDVIKA

Finances

Share Ownership

Return on Equity

8,44 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 847 000	24 377 000	20 256 000	24 982 000
Net Income	388 000	1 634 000	508 000	1 779 000
Total Assets	20 013 000	22 998 000	24 646 000	26 464 000
Total Equity	4 597 000	135 000	14 404 000	18 400 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 847 000	24 377 000	20 256 000	24 982 000
Expenditure	30 982 000	22 433 000	19 877 000	22 982 000
Operating Profit	865 000	1 943 000	378 000	2 000 000
Financial Income	13 000	154 000	274 000	306 000
Financial Costs	380 000	2 000	1 000	26 000
Financial Balance	−367 000	152 000	273 000	280 000
Earnings Before Tax	498 000	2 095 000	651 000	2 281 000
Tax	110 000	461 000	143 000	502 000
Net Income	388 000	1 634 000	508 000	1 779 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 224 000	1 236 000	206 000	211 000
Total Current Assets	17 789 000	21 763 000	24 440 000	26 253 000
Total Assets	20 013 000	22 998 000	24 646 000	26 464 000
Total Retained Equity	751 000	35 000	14 304 000	18 300 000
Total Equity	4 597 000	135 000	14 404 000	18 400 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 416 000	22 863 000	10 241 000	8 065 000
Total Equity and Debt	20 013 000	22 998 000	24 646 000	26 464 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 733 000	24 377 000	20 256 000	24 931 000
Other Income	114 000	0	0	51 000
Revenue	31 847 000	24 377 000	20 256 000	24 982 000
Cost of Goods Sold	15 738 000	11 218 000	9 316 000	11 856 000
Salary Costs	5 924 000	3 742 000	3 930 000	4 551 000
Depreciation	35 000	16 000	28 000	61 000
Impairment	0	0	0	0
Expenditure	30 982 000	22 433 000	19 877 000	22 982 000
Operating Profit	865 000	1 943 000	378 000	2 000 000
Financial Income	13 000	154 000	274 000	306 000
Financial Costs	380 000	2 000	1 000	26 000
Financial Balance	−367 000	152 000	273 000	280 000
Dividends	0	15 100 000	4 000 000	2 000 000
Net Income	388 000	1 634 000	508 000	1 779 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	317 000	150 000	150 000	151 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 907 000	1 086 000	56 000	60 000
Total Tangible Assets	1 907 000	1 086 000	56 000	60 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 224 000	1 236 000	206 000	211 000
Stock	8 807 000	5 232 000	5 094 000	5 070 000
Total Investments	0	0	0	0
Cash, Bank	6 835 000	9 239 000	8 339 000	10 388 000
Total Current Assets	17 789 000	21 763 000	24 440 000	26 253 000
Total Assets	20 013 000	22 998 000	24 646 000	26 464 000
Total Equity	4 597 000	135 000	14 404 000	18 400 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 430 000	2 250 000	1 216 000	2 263 000
Unpaid Taxes	1 345 000	1 733 000	968 000	1 371 000
Dividends	0	15 100 000	4 000 000	2 000 000
Other Current Debt	12 641 000	3 545 000	4 058 000	2 169 000
Total Current Debt	15 416 000	22 863 000	10 241 000	8 065 000
Total Equity and Debt	20 013 000	22 998 000	24 646 000	26 464 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,44 %	1 210,37 %	3,53 %	9,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,72 %	7,97 %	1,87 %	8,01 %
Current Ratio	1,15	0,95	2,39	3,26
Quick Ratio	2,69	1,23	4,75	8,77
Equity Ratio	0,23	0,01	0,58	0,7
Gross Profit Margin	50,58 %	53,98 %	54,01 %	52,54 %