SØRHEIM KRANTEKNIKK AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

0,33 %

Current Ratio

2,88

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 325 000	2 379 000	3 075 000	2 340 000
Net Income	4 000	−235 000	268 000	−226 000
Total Assets	2 140 000	2 337 000	2 722 000	1 939 000
Total Equity	1 222 000	1 218 000	1 453 000	1 186 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 325 000	2 379 000	3 075 000	2 340 000
Expenditure	3 301 000	2 619 000	2 780 000	2 570 000
Operating Profit	25 000	−240 000	296 000	−231 000
Financial Income	7 000	7 000	8 000	9 000
Financial Costs	28 000	22 000	16 000	11 000
Financial Balance	−21 000	−15 000	−8 000	−2 000
Earnings Before Tax	4 000	−255 000	287 000	−233 000
Tax	0	−20 000	20 000	−7 000
Net Income	4 000	−235 000	268 000	−226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	656 000	818 000	981 000	410 000
Total Current Assets	1 484 000	1 519 000	1 741 000	1 529 000
Total Assets	2 140 000	2 337 000	2 722 000	1 939 000
Total Retained Equity	1 122 000	1 118 000	1 353 000	1 086 000
Total Equity	1 222 000	1 218 000	1 453 000	1 186 000
Total Long-Term Debt	403 000	537 000	689 000	137 000
Total Current Debt	515 000	582 000	580 000	617 000
Total Equity and Debt	2 140 000	2 337 000	2 722 000	1 939 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 323 000	2 354 000	2 897 000	2 327 000
Other Income	2 000	25 000	178 000	12 000
Revenue	3 325 000	2 379 000	3 075 000	2 340 000
Cost of Goods Sold	2 003 000	1 364 000	1 577 000	1 304 000
Salary Costs	784 000	783 000	775 000	850 000
Depreciation	163 000	163 000	72 000	124 000
Impairment	0	0	0	0
Expenditure	3 301 000	2 619 000	2 780 000	2 570 000
Operating Profit	25 000	−240 000	296 000	−231 000
Financial Income	7 000	7 000	8 000	9 000
Financial Costs	28 000	22 000	16 000	11 000
Financial Balance	−21 000	−15 000	−8 000	−2 000
Dividends	0	0	0	0
Net Income	4 000	−235 000	268 000	−226 000

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	406 000	568 000	731 000	160 000
Total Tangible Assets	406 000	568 000	731 000	160 000
Total Fiancial Fixed Assets	250 000	250 000	250 000	250 000
Total Fixed Assets	656 000	818 000	981 000	410 000
Stock	215 000	253 000	292 000	267 000
Total Investments	100 000	100 000	100 000	100 000
Cash, Bank	793 000	441 000	763 000	587 000
Total Current Assets	1 484 000	1 519 000	1 741 000	1 529 000
Total Assets	2 140 000	2 337 000	2 722 000	1 939 000
Total Equity	1 222 000	1 218 000	1 453 000	1 186 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	403 000	537 000	689 000	137 000
Creditors	118 000	243 000	95 000	219 000
Unpaid Taxes	222 000	171 000	251 000	223 000
Dividends	0	0	0	0
Other Current Debt	175 000	167 000	234 000	175 000
Total Current Debt	515 000	582 000	580 000	617 000
Total Equity and Debt	2 140 000	2 337 000	2 722 000	1 939 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,33 %	−19,29 %	18,44 %	−19,06 %
Debt-to-Equity Ratio	0,33	0,44	0,47	0,12
Operating Profit Margin	0,75 %	−10,09 %	9,63 %	−9,87 %
Current Ratio	2,88	2,61	3	2,48
Quick Ratio	4,95	4,62	6,05	4,37
Equity Ratio	0,57	0,52	0,53	0,61
Gross Profit Margin	39,76 %	42,66 %	48,72 %	44,27 %