SORTLAND SKIPSELEKTRONIKK AS

8403 SORTLAND

Finances

Return on Equity

24,9 %

Current Ratio

2,79

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 492 000	9 461 000	10 384 000	9 904 000
Net Income	1 542 000	931 000	1 210 000	1 267 000
Total Assets	8 482 000	7 611 000	7 575 000	5 771 000
Total Equity	6 193 000	5 151 000	4 720 000	3 511 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 492 000	9 461 000	10 384 000	9 904 000
Expenditure	13 557 000	8 269 000	8 814 000	8 312 000
Operating Profit	1 936 000	1 191 000	1 570 000	1 592 000
Financial Income	56 000	15 000	11 000	66 000
Financial Costs	13 000	12 000	29 000	33 000
Financial Balance	43 000	3 000	−18 000	33 000
Earnings Before Tax	1 978 000	1 195 000	1 551 000	1 625 000
Tax	437 000	264 000	342 000	358 000
Net Income	1 542 000	931 000	1 210 000	1 267 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 761 000	2 568 000	2 524 000	2 075 000
Total Current Assets	5 721 000	5 043 000	5 051 000	3 697 000
Total Assets	8 482 000	7 611 000	7 575 000	5 771 000
Total Retained Equity	5 092 000	4 050 000	3 619 000	2 410 000
Total Equity	6 193 000	5 151 000	4 720 000	3 511 000
Total Long-Term Debt	240 000	330 000	408 000	510 000
Total Current Debt	2 049 000	2 130 000	2 446 000	1 751 000
Total Equity and Debt	8 482 000	7 611 000	7 575 000	5 771 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 492 000	9 435 000	10 349 000	9 904 000
Other Income	0	26 000	35 000	0
Revenue	15 492 000	9 461 000	10 384 000	9 904 000
Cost of Goods Sold	10 445 000	5 434 000	6 592 000	6 285 000
Salary Costs	1 849 000	1 716 000	1 326 000	1 305 000
Depreciation	60 000	48 000	43 000	23 000
Impairment	0	0	0	0
Expenditure	13 557 000	8 269 000	8 814 000	8 312 000
Operating Profit	1 936 000	1 191 000	1 570 000	1 592 000
Financial Income	56 000	15 000	11 000	66 000
Financial Costs	13 000	12 000	29 000	33 000
Financial Balance	43 000	3 000	−18 000	33 000
Dividends	500 000	500 000	0	0
Net Income	1 542 000	931 000	1 210 000	1 267 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 000	77 000	58 000	34 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	243 000	0	0	0
Fixtures	100 000	135 000	102 000	96 000
Total Tangible Assets	444 000	251 000	232 000	240 000
Total Fiancial Fixed Assets	2 252 000	2 241 000	2 234 000	1 800 000
Total Fixed Assets	2 761 000	2 568 000	2 524 000	2 075 000
Stock	1 582 000	1 773 000	1 697 000	1 361 000
Total Investments	0	0	0	0
Cash, Bank	2 031 000	1 317 000	2 328 000	910 000
Total Current Assets	5 721 000	5 043 000	5 051 000	3 697 000
Total Assets	8 482 000	7 611 000	7 575 000	5 771 000
Total Equity	6 193 000	5 151 000	4 720 000	3 511 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	240 000	330 000	408 000	510 000
Creditors	390 000	772 000	1 021 000	239 000
Unpaid Taxes	127 000	86 000	84 000	74 000
Dividends	500 000	500 000	0	0
Other Current Debt	607 000	488 000	977 000	1 061 000
Total Current Debt	2 049 000	2 130 000	2 446 000	1 751 000
Total Equity and Debt	8 482 000	7 611 000	7 575 000	5 771 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,9 %	18,07 %	25,64 %	36,09 %
Debt-to-Equity Ratio	0,04	0,06	0,09	0,15
Operating Profit Margin	12,5 %	12,59 %	15,12 %	16,07 %
Current Ratio	2,79	2,37	2,07	2,11
Quick Ratio	12,25	14,13	6,74	9,48
Equity Ratio	0,73	0,68	0,62	0,61
Gross Profit Margin	32,58 %	42,56 %	36,52 %	36,54 %