SØRE SUNNMØRE REINHALDSVERK IKS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

−49,5 %

Current Ratio

0,69

Debt-to-Equity Ratio

9,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	64 055 000	65 792 000	59 008 000	55 914 000
Net Income	−4 743 000	1 115 000	−89 000	−1 050 000
Total Assets	113 810 000	123 988 000	118 249 000	119 978 000
Total Equity	9 581 000	8 741 000	7 211 000	6 132 000

Income (NOK)	2022	2021	2020	2019
Revenue	64 055 000	65 792 000	59 008 000	55 914 000
Expenditure	66 811 000	63 888 000	57 927 000	55 211 000
Operating Profit	−2 756 000	1 904 000	1 080 000	702 000
Financial Income	344 000	101 000	132 000	283 000
Financial Costs	2 331 000	890 000	1 273 000	2 002 000
Financial Balance	−1 987 000	−789 000	−1 141 000	−1 719 000
Earnings Before Tax	−4 743 000	1 115 000	−60 000	−1 017 000
Tax	0	0	28 000	32 000
Net Income	−4 743 000	1 115 000	−89 000	−1 050 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 252 000	111 027 000	112 898 000	113 434 000
Total Current Assets	6 558 000	12 961 000	5 351 000	6 544 000
Total Assets	113 810 000	123 988 000	118 249 000	119 978 000
Total Retained Equity	9 581 000	8 741 000	7 211 000	6 132 000
Total Equity	9 581 000	8 741 000	7 211 000	6 132 000
Total Long-Term Debt	94 658 000	98 636 000	93 175 000	96 704 000
Total Current Debt	9 571 000	16 611 000	17 862 000	17 142 000
Total Equity and Debt	113 810 000	123 988 000	118 249 000	119 978 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	63 856 000	65 613 000	58 854 000	55 593 000
Other Income	199 000	179 000	154 000	321 000
Revenue	64 055 000	65 792 000	59 008 000	55 914 000
Cost of Goods Sold	16 812 000	15 328 000	12 506 000	12 274 000
Salary Costs	25 297 000	24 042 000	23 037 000	23 236 000
Depreciation	5 385 000	4 977 000	4 763 000	4 726 000
Impairment	0	0	0	0
Expenditure	66 811 000	63 888 000	57 927 000	55 211 000
Operating Profit	−2 756 000	1 904 000	1 080 000	702 000
Financial Income	344 000	101 000	132 000	283 000
Financial Costs	2 331 000	890 000	1 273 000	2 002 000
Financial Balance	−1 987 000	−789 000	−1 141 000	−1 719 000
Dividends	0	0	0	0
Net Income	−4 743 000	1 115 000	−89 000	−1 050 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	91 177 000	93 586 000	95 814 000	97 207 000
Machinery and Plant Facilities	13 628 000	14 242 000	13 302 000	11 656 000
Fixtures	1 614 000	2 427 000	3 061 000	3 904 000
Total Tangible Assets	106 419 000	110 254 000	112 177 000	112 767 000
Total Fiancial Fixed Assets	833 000	772 000	721 000	666 000
Total Fixed Assets	107 252 000	111 027 000	112 898 000	113 434 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	955 000	9 035 000	775 000	3 231 000
Total Current Assets	6 558 000	12 961 000	5 351 000	6 544 000
Total Assets	113 810 000	123 988 000	118 249 000	119 978 000
Total Equity	9 581 000	8 741 000	7 211 000	6 132 000
Short-Term Group Debt	570 000	6 153 000	6 568 000	7 736 000
Total Long-Term Debt	94 658 000	98 636 000	93 175 000	96 704 000
Creditors	2 837 000	3 075 000	3 933 000	3 559 000
Unpaid Taxes	1 827 000	1 687 000	1 586 000	1 555 000
Dividends	0	0	0	0
Other Current Debt	3 881 000	5 696 000	3 282 000	4 260 000
Total Current Debt	9 571 000	16 611 000	17 862 000	17 142 000
Total Equity and Debt	113 810 000	123 988 000	118 249 000	119 978 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−49,5 %	12,76 %	−1,23 %	−17,12 %
Debt-to-Equity Ratio	9,88	11,28	12,92	15,77
Operating Profit Margin	−4,3 %	2,89 %	1,83 %	1,26 %
Current Ratio	0,69	0,78	0,3	0,38
Quick Ratio	0,69	0,78	0,3	0,38
Equity Ratio	0,08	0,07	0,06	0,05
Gross Profit Margin	73,75 %	76,7 %	78,81 %	78,05 %