MASKINFIRMA ÅGE SIMONSEN & SØNN AS

4818 FÆRVIK

Finances

Return on Equity

2,48 %

Current Ratio

0,62

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 304 000	2 730 000	2 021 000	2 574 000
Net Income	9 000	317 000	−8 000	288 000
Total Assets	1 235 000	1 441 000	1 075 000	628 000
Total Equity	363 000	354 000	37 000	45 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 304 000	2 730 000	2 021 000	2 574 000
Expenditure	2 287 000	2 402 000	2 019 000	2 282 000
Operating Profit	18 000	328 000	2 000	293 000
Financial Income	0	0	0	0
Financial Costs	10 000	11 000	10 000	5 000
Financial Balance	−10 000	−11 000	−10 000	−5 000
Earnings Before Tax	9 000	317 000	−8 000	288 000
Tax	0	0	0	0
Net Income	9 000	317 000	−8 000	288 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	749 000	913 000	710 000	343 000
Total Current Assets	486 000	528 000	365 000	285 000
Total Assets	1 235 000	1 441 000	1 075 000	628 000
Total Retained Equity	−137 000	−146 000	−463 000	−455 000
Total Equity	363 000	354 000	37 000	45 000
Total Long-Term Debt	88 000	140 000	192 000	0
Total Current Debt	784 000	946 000	846 000	583 000
Total Equity and Debt	1 235 000	1 441 000	1 075 000	628 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 304 000	2 380 000	2 021 000	2 149 000
Other Income	0	350 000	0	425 000
Revenue	2 304 000	2 730 000	2 021 000	2 574 000
Cost of Goods Sold	398 000	598 000	534 000	687 000
Salary Costs	725 000	730 000	643 000	693 000
Depreciation	94 000	95 000	81 000	31 000
Impairment	0	0	0	0
Expenditure	2 287 000	2 402 000	2 019 000	2 282 000
Operating Profit	18 000	328 000	2 000	293 000
Financial Income	0	0	0	0
Financial Costs	10 000	11 000	10 000	5 000
Financial Balance	−10 000	−11 000	−10 000	−5 000
Dividends	0	0	0	0
Net Income	9 000	317 000	−8 000	288 000

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	421 000	478 000	558 000	228 000
Fixtures	0	37 000	52 000	15 000
Total Tangible Assets	421 000	515 000	610 000	243 000
Total Fiancial Fixed Assets	328 000	398 000	100 000	100 000
Total Fixed Assets	749 000	913 000	710 000	343 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	160 000	40 000	141 000	148 000
Total Current Assets	486 000	528 000	365 000	285 000
Total Assets	1 235 000	1 441 000	1 075 000	628 000
Total Equity	363 000	354 000	37 000	45 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	88 000	140 000	192 000	0
Creditors	32 000	38 000	104 000	88 000
Unpaid Taxes	53 000	43 000	96 000	130 000
Dividends	0	0	0	0
Other Current Debt	699 000	772 000	645 000	366 000
Total Current Debt	784 000	946 000	846 000	583 000
Total Equity and Debt	1 235 000	1 441 000	1 075 000	628 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,48 %	89,55 %	−21,62 %	640 %
Debt-to-Equity Ratio	0,24	0,4	5,19	0
Operating Profit Margin	0,78 %	12,01 %	0,1 %	11,38 %
Current Ratio	0,62	0,56	0,43	0,49
Quick Ratio	0,62	0,56	0,43	0,49
Equity Ratio	0,29	0,25	0,03	0,07
Gross Profit Margin	82,73 %	78,1 %	73,58 %	73,31 %