SANDSMARK RØRSERVICE AS

4460 MOI

Finances

Return on Equity

178,44 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 995 000	6 233 000	5 375 000	4 777 000
Net Income	803 000	678 000	428 000	774 000
Total Assets	2 386 000	2 641 000	1 931 000	2 394 000
Total Equity	450 000	578 000	541 000	833 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 995 000	6 233 000	5 375 000	4 777 000
Expenditure	4 945 000	5 354 000	4 815 000	3 770 000
Operating Profit	1 049 000	878 000	560 000	1 006 000
Financial Income	0	1 000	0	0
Financial Costs	18 000	10 000	8 000	13 000
Financial Balance	−18 000	−9 000	−8 000	−13 000
Earnings Before Tax	1 031 000	869 000	552 000	993 000
Tax	227 000	191 000	124 000	219 000
Net Income	803 000	678 000	428 000	774 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	277 000	307 000	102 000	157 000
Total Current Assets	2 109 000	2 334 000	1 829 000	2 237 000
Total Assets	2 386 000	2 641 000	1 931 000	2 394 000
Total Retained Equity	395 000	474 000	437 000	729 000
Total Equity	450 000	578 000	541 000	833 000
Total Long-Term Debt	141 000	221 000	11 000	138 000
Total Current Debt	1 795 000	1 842 000	1 379 000	1 423 000
Total Equity and Debt	2 386 000	2 641 000	1 931 000	2 394 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 995 000	6 233 000	5 375 000	4 777 000
Other Income	0	0	0	0
Revenue	5 995 000	6 233 000	5 375 000	4 777 000
Cost of Goods Sold	2 581 000	2 719 000	2 662 000	2 038 000
Salary Costs	1 610 000	1 892 000	1 434 000	1 071 000
Depreciation	52 000	68 000	77 000	77 000
Impairment	0	0	0	0
Expenditure	4 945 000	5 354 000	4 815 000	3 770 000
Operating Profit	1 049 000	878 000	560 000	1 006 000
Financial Income	0	1 000	0	0
Financial Costs	18 000	10 000	8 000	13 000
Financial Balance	−18 000	−9 000	−8 000	−13 000
Dividends	500 000	641 000	720 000	800 000
Net Income	803 000	678 000	428 000	774 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	20 000	26 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	216 000	231 000	0	0
Fixtures	27 000	36 000	56 000	117 000
Total Tangible Assets	243 000	267 000	56 000	117 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	277 000	307 000	102 000	157 000
Stock	737 000	629 000	522 000	537 000
Total Investments	0	0	0	0
Cash, Bank	635 000	676 000	406 000	1 039 000
Total Current Assets	2 109 000	2 334 000	1 829 000	2 237 000
Total Assets	2 386 000	2 641 000	1 931 000	2 394 000
Total Equity	450 000	578 000	541 000	833 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	141 000	221 000	11 000	138 000
Creditors	248 000	418 000	191 000	64 000
Unpaid Taxes	508 000	307 000	285 000	280 000
Dividends	500 000	641 000	720 000	800 000
Other Current Debt	318 000	391 000	253 000	54 000
Total Current Debt	1 795 000	1 842 000	1 379 000	1 423 000
Total Equity and Debt	2 386 000	2 641 000	1 931 000	2 394 000

Financial indicators	2022	2021	2020	2019
Return on Equity	178,44 %	117,3 %	79,11 %	92,92 %
Debt-to-Equity Ratio	0,31	0,38	0,02	0,17
Operating Profit Margin	17,5 %	14,09 %	10,42 %	21,06 %
Current Ratio	1,17	1,27	1,33	1,57
Quick Ratio	1,99	1,92	2,13	2,52
Equity Ratio	0,19	0,22	0,28	0,35
Gross Profit Margin	56,95 %	56,38 %	50,47 %	57,34 %