SØRHEIM MILJØMASKINER AS

5236 RÅDAL

Finances

Share Ownership

Return on Equity

−54,02 %

Current Ratio

0,71

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 888 000	7 547 000	5 391 000	4 674 000
Net Income	−235 000	76 000	−379 000	−170 000
Total Assets	3 671 000	2 853 000	2 393 000	2 729 000
Total Equity	435 000	670 000	594 000	973 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 888 000	7 547 000	5 391 000	4 674 000
Expenditure	10 106 000	7 447 000	5 739 000	4 801 000
Operating Profit	−219 000	100 000	−348 000	−126 000
Financial Income	0	0	0	0
Financial Costs	16 000	23 000	31 000	44 000
Financial Balance	−16 000	−23 000	−31 000	−44 000
Earnings Before Tax	−235 000	76 000	−379 000	−170 000
Tax	0	0	0	0
Net Income	−235 000	76 000	−379 000	−170 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 426 000	1 037 000	1 272 000	1 562 000
Total Current Assets	2 246 000	1 816 000	1 121 000	1 167 000
Total Assets	3 671 000	2 853 000	2 393 000	2 729 000
Total Retained Equity	−665 000	−430 000	−506 000	−127 000
Total Equity	435 000	670 000	594 000	973 000
Total Long-Term Debt	59 000	1 037 000	996 000	907 000
Total Current Debt	3 177 000	1 146 000	803 000	849 000
Total Equity and Debt	3 671 000	2 853 000	2 393 000	2 729 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 872 000	7 559 000	5 289 000	4 674 000
Other Income	16 000	−12 000	102 000	0
Revenue	9 888 000	7 547 000	5 391 000	4 674 000
Cost of Goods Sold	1 827 000	1 844 000	1 577 000	1 596 000
Salary Costs	3 431 000	2 174 000	1 593 000	1 226 000
Depreciation	176 000	195 000	278 000	391 000
Impairment	0	0	0	0
Expenditure	10 106 000	7 447 000	5 739 000	4 801 000
Operating Profit	−219 000	100 000	−348 000	−126 000
Financial Income	0	0	0	0
Financial Costs	16 000	23 000	31 000	44 000
Financial Balance	−16 000	−23 000	−31 000	−44 000
Dividends	0	0	0	0
Net Income	−235 000	76 000	−379 000	−170 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	879 000	796 000	976 000	1 562 000
Total Tangible Assets	879 000	796 000	976 000	1 562 000
Total Fiancial Fixed Assets	546 000	241 000	296 000	0
Total Fixed Assets	1 426 000	1 037 000	1 272 000	1 562 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	346 000	136 000	244 000	130 000
Total Current Assets	2 246 000	1 816 000	1 121 000	1 167 000
Total Assets	3 671 000	2 853 000	2 393 000	2 729 000
Total Equity	435 000	670 000	594 000	973 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	59 000	1 037 000	996 000	907 000
Creditors	793 000	719 000	386 000	553 000
Unpaid Taxes	508 000	205 000	250 000	154 000
Dividends	0	0	0	0
Other Current Debt	1 877 000	222 000	166 000	142 000
Total Current Debt	3 177 000	1 146 000	803 000	849 000
Total Equity and Debt	3 671 000	2 853 000	2 393 000	2 729 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−54,02 %	11,34 %	−63,8 %	−17,47 %
Debt-to-Equity Ratio	0,14	1,55	1,68	0,93
Operating Profit Margin	−2,21 %	1,33 %	−6,46 %	−2,7 %
Current Ratio	0,71	1,58	1,4	1,37
Quick Ratio	0,71	1,58	1,4	1,37
Equity Ratio	0,12	0,23	0,25	0,36
Gross Profit Margin	81,52 %	75,57 %	70,75 %	65,85 %