SØMÅEN TRADISJONSHANDVERK AS

2448 SØMÅDALEN

Finances

Share Ownership

Return on Equity

10,9 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 736 000	4 013 000	3 600 000	2 617 000
Net Income	203 000	309 000	88 000	−109 000
Total Assets	2 544 000	2 919 000	2 345 000	2 155 000
Total Equity	1 862 000	1 660 000	1 350 000	1 263 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 736 000	4 013 000	3 600 000	2 617 000
Expenditure	3 465 000	3 597 000	3 451 000	2 727 000
Operating Profit	270 000	416 000	150 000	−109 000
Financial Income	0	0	1 000	0
Financial Costs	10 000	20 000	38 000	30 000
Financial Balance	−10 000	−20 000	−37 000	−30 000
Earnings Before Tax	260 000	397 000	112 000	−139 000
Tax	58 000	87 000	25 000	−30 000
Net Income	203 000	309 000	88 000	−109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 551 000	1 656 000	1 587 000	1 613 000
Total Current Assets	993 000	1 263 000	758 000	542 000
Total Assets	2 544 000	2 919 000	2 345 000	2 155 000
Total Retained Equity	1 612 000	1 410 000	1 100 000	1 013 000
Total Equity	1 862 000	1 660 000	1 350 000	1 263 000
Total Long-Term Debt	35 000	216 000	460 000	444 000
Total Current Debt	646 000	1 043 000	535 000	448 000
Total Equity and Debt	2 544 000	2 919 000	2 345 000	2 155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 734 000	3 992 000	3 600 000	2 617 000
Other Income	2 000	21 000	0	0
Revenue	3 736 000	4 013 000	3 600 000	2 617 000
Cost of Goods Sold	1 158 000	1 271 000	1 523 000	1 093 000
Salary Costs	1 500 000	1 664 000	1 355 000	1 135 000
Depreciation	133 000	116 000	116 000	108 000
Impairment	0	0	0	0
Expenditure	3 465 000	3 597 000	3 451 000	2 727 000
Operating Profit	270 000	416 000	150 000	−109 000
Financial Income	0	0	1 000	0
Financial Costs	10 000	20 000	38 000	30 000
Financial Balance	−10 000	−20 000	−37 000	−30 000
Dividends	0	0	0	0
Net Income	203 000	309 000	88 000	−109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 209 000	1 264 000	1 320 000	1 308 000
Machinery and Plant Facilities	158 000	181 000	0	24 000
Fixtures	173 000	200 000	257 000	271 000
Total Tangible Assets	1 540 000	1 646 000	1 577 000	1 603 000
Total Fiancial Fixed Assets	11 000	10 000	10 000	10 000
Total Fixed Assets	1 551 000	1 656 000	1 587 000	1 613 000
Stock	43 000	37 000	36 000	69 000
Total Investments	0	0	0	0
Cash, Bank	815 000	752 000	235 000	187 000
Total Current Assets	993 000	1 263 000	758 000	542 000
Total Assets	2 544 000	2 919 000	2 345 000	2 155 000
Total Equity	1 862 000	1 660 000	1 350 000	1 263 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 000	216 000	460 000	444 000
Creditors	243 000	119 000	258 000	100 000
Unpaid Taxes	201 000	316 000	154 000	250 000
Dividends	0	0	0	0
Other Current Debt	139 000	526 000	122 000	99 000
Total Current Debt	646 000	1 043 000	535 000	448 000
Total Equity and Debt	2 544 000	2 919 000	2 345 000	2 155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,9 %	18,61 %	6,52 %	−8,63 %
Debt-to-Equity Ratio	0,02	0,13	0,34	0,35
Operating Profit Margin	7,23 %	10,37 %	4,17 %	−4,17 %
Current Ratio	1,54	1,21	1,42	1,21
Quick Ratio	1,65	1,26	1,52	1,43
Equity Ratio	0,73	0,57	0,58	0,59
Gross Profit Margin	69 %	68,33 %	57,69 %	58,23 %