MASKINENTREPRENØR KURT SANDNES AS

9130 HANSNES

Finances

Share Ownership

Return on Equity

19,8 %

Current Ratio

3,16

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 371 000	7 367 000	6 924 000	6 873 000
Net Income	880 000	795 000	297 000	918 000
Total Assets	5 670 000	5 979 000	4 250 000	3 843 000
Total Equity	4 445 000	3 565 000	2 971 000	2 674 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 371 000	7 367 000	6 924 000	6 873 000
Expenditure	6 233 000	6 339 000	6 546 000	5 696 000
Operating Profit	1 137 000	1 029 000	378 000	1 177 000
Financial Income	2 000	0	3 000	2 000
Financial Costs	11 000	10 000	1 000	2 000
Financial Balance	−9 000	−10 000	2 000	0
Earnings Before Tax	1 128 000	1 019 000	381 000	1 178 000
Tax	248 000	224 000	84 000	259 000
Net Income	880 000	795 000	297 000	918 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 736 000	2 339 000	567 000	563 000
Total Current Assets	1 934 000	3 640 000	3 683 000	3 280 000
Total Assets	5 670 000	5 979 000	4 250 000	3 843 000
Total Retained Equity	4 345 000	3 465 000	2 871 000	2 574 000
Total Equity	4 445 000	3 565 000	2 971 000	2 674 000
Total Long-Term Debt	613 000	1 241 000	227 000	281 000
Total Current Debt	612 000	1 173 000	1 052 000	887 000
Total Equity and Debt	5 670 000	5 979 000	4 250 000	3 843 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 927 000	6 483 000	6 846 000	5 829 000
Other Income	1 444 000	884 000	78 000	1 045 000
Revenue	7 371 000	7 367 000	6 924 000	6 873 000
Cost of Goods Sold	1 041 000	1 266 000	1 544 000	1 187 000
Salary Costs	2 506 000	2 119 000	1 913 000	1 646 000
Depreciation	374 000	228 000	210 000	215 000
Impairment	0	0	0	0
Expenditure	6 233 000	6 339 000	6 546 000	5 696 000
Operating Profit	1 137 000	1 029 000	378 000	1 177 000
Financial Income	2 000	0	3 000	2 000
Financial Costs	11 000	10 000	1 000	2 000
Financial Balance	−9 000	−10 000	2 000	0
Dividends	0	0	0	0
Net Income	880 000	795 000	297 000	918 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	83 000
Total Intangible Assets	0	0	0	83 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 669 000	2 113 000	567 000	480 000
Fixtures	67 000	226 000	0	0
Total Tangible Assets	3 736 000	2 339 000	567 000	480 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 736 000	2 339 000	567 000	563 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 628 000	2 157 000	2 309 000	1 540 000
Total Current Assets	1 934 000	3 640 000	3 683 000	3 280 000
Total Assets	5 670 000	5 979 000	4 250 000	3 843 000
Total Equity	4 445 000	3 565 000	2 971 000	2 674 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	613 000	1 241 000	227 000	281 000
Creditors	115 000	250 000	284 000	321 000
Unpaid Taxes	212 000	616 000	429 000	276 000
Dividends	0	0	0	0
Other Current Debt	265 000	241 000	200 000	175 000
Total Current Debt	612 000	1 173 000	1 052 000	887 000
Total Equity and Debt	5 670 000	5 979 000	4 250 000	3 843 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,8 %	22,3 %	10 %	34,33 %
Debt-to-Equity Ratio	0,14	0,35	0,08	0,11
Operating Profit Margin	15,43 %	13,97 %	5,46 %	17,12 %
Current Ratio	3,16	3,1	3,5	3,7
Quick Ratio	3,16	3,1	3,5	3,7
Equity Ratio	0,78	0,6	0,7	0,7
Gross Profit Margin	85,88 %	82,82 %	77,7 %	82,73 %