SANDNESSJØEN RØRSERVICE AS

8800 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

−75,52 %

Current Ratio

0,78

Debt-to-Equity Ratio

0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 096 000	6 315 000	5 185 000	5 097 000
Net Income	−256 000	494 000	−180 000	−178 000
Total Assets	1 427 000	2 109 000	1 262 000	1 463 000
Total Equity	339 000	595 000	101 000	261 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 096 000	6 315 000	5 185 000	5 097 000
Expenditure	6 405 000	5 731 000	5 351 000	5 304 000
Operating Profit	−310 000	585 000	−166 000	−207 000
Financial Income	3 000	3 000	1 000	3 000
Financial Costs	21 000	16 000	15 000	18 000
Financial Balance	−18 000	−13 000	−14 000	−15 000
Earnings Before Tax	−327 000	572 000	−180 000	−223 000
Tax	−72 000	78 000	0	−45 000
Net Income	−256 000	494 000	−180 000	−178 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	770 000	758 000	51 000	448 000
Total Current Assets	657 000	1 352 000	1 211 000	1 015 000
Total Assets	1 427 000	2 109 000	1 262 000	1 463 000
Total Retained Equity	234 000	490 000	−4 000	156 000
Total Equity	339 000	595 000	101 000	261 000
Total Long-Term Debt	244 000	452 000	230 000	305 000
Total Current Debt	844 000	1 063 000	931 000	897 000
Total Equity and Debt	1 427 000	2 109 000	1 262 000	1 463 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 096 000	5 925 000	5 105 000	5 094 000
Other Income	0	390 000	80 000	3 000
Revenue	6 096 000	6 315 000	5 185 000	5 097 000
Cost of Goods Sold	3 589 000	3 264 000	3 239 000	3 275 000
Salary Costs	1 806 000	1 653 000	1 032 000	1 239 000
Depreciation	321 000	129 000	81 000	86 000
Impairment	0	0	0	0
Expenditure	6 405 000	5 731 000	5 351 000	5 304 000
Operating Profit	−310 000	585 000	−166 000	−207 000
Financial Income	3 000	3 000	1 000	3 000
Financial Costs	21 000	16 000	15 000	18 000
Financial Balance	−18 000	−13 000	−14 000	−15 000
Dividends	0	0	0	0
Net Income	−256 000	494 000	−180 000	−178 000

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	0	0	0	0
Fixtures	770 000	758 000	51 000	423 000
Total Tangible Assets	770 000	758 000	51 000	423 000
Total Fiancial Fixed Assets	0	0	0	24 000
Total Fixed Assets	770 000	758 000	51 000	448 000
Stock	136 000	267 000	325 000	332 000
Total Investments	0	0	0	0
Cash, Bank	435 000	434 000	693 000	324 000
Total Current Assets	657 000	1 352 000	1 211 000	1 015 000
Total Assets	1 427 000	2 109 000	1 262 000	1 463 000
Total Equity	339 000	595 000	101 000	261 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	244 000	452 000	230 000	305 000
Creditors	294 000	238 000	65 000	208 000
Unpaid Taxes	119 000	170 000	289 000	144 000
Dividends	0	0	0	0
Other Current Debt	431 000	651 000	576 000	545 000
Total Current Debt	844 000	1 063 000	931 000	897 000
Total Equity and Debt	1 427 000	2 109 000	1 262 000	1 463 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−75,52 %	83,03 %	−178,22 %	−68,2 %
Debt-to-Equity Ratio	0,72	0,76	2,28	1,17
Operating Profit Margin	−5,09 %	9,26 %	−3,2 %	−4,06 %
Current Ratio	0,78	1,27	1,3	1,13
Quick Ratio	0,93	1,7	2	1,8
Equity Ratio	0,24	0,28	0,08	0,18
Gross Profit Margin	41,13 %	48,31 %	37,53 %	35,75 %