SKANDINAVISK HØYFJELLSUTSTYR TRONDHEIM AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

23,73 %

Current Ratio

2,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 536 000	35 219 000	26 913 000	21 044 000
Net Income	1 847 000	4 951 000	2 832 000	1 195 000
Total Assets	12 622 000	15 017 000	9 873 000	7 418 000
Total Equity	7 783 000	5 935 000	3 984 000	2 152 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 536 000	35 219 000	26 913 000	21 044 000
Expenditure	26 175 000	28 878 000	23 253 000	19 400 000
Operating Profit	2 360 000	6 340 000	3 661 000	1 644 000
Financial Income	13 000	20 000	25 000	5 000
Financial Costs	5 000	12 000	56 000	117 000
Financial Balance	8 000	8 000	−31 000	−112 000
Earnings Before Tax	2 369 000	6 347 000	3 631 000	1 532 000
Tax	521 000	1 397 000	799 000	337 000
Net Income	1 847 000	4 951 000	2 832 000	1 195 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 000	49 000	7 000	19 000
Total Current Assets	12 545 000	14 969 000	9 867 000	7 399 000
Total Assets	12 622 000	15 017 000	9 873 000	7 418 000
Total Retained Equity	7 281 000	5 433 000	3 482 000	1 650 000
Total Equity	7 783 000	5 935 000	3 984 000	2 152 000
Total Long-Term Debt	1 000	1 000	0	0
Total Current Debt	4 839 000	9 082 000	5 889 000	5 266 000
Total Equity and Debt	12 622 000	15 017 000	9 873 000	7 418 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 513 000	35 091 000	26 634 000	21 042 000
Other Income	23 000	127 000	279 000	1 000
Revenue	28 536 000	35 219 000	26 913 000	21 044 000
Cost of Goods Sold	17 355 000	21 212 000	16 075 000	12 842 000
Salary Costs	4 879 000	4 516 000	4 117 000	4 000 000
Depreciation	20 000	5 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	26 175 000	28 878 000	23 253 000	19 400 000
Operating Profit	2 360 000	6 340 000	3 661 000	1 644 000
Financial Income	13 000	20 000	25 000	5 000
Financial Costs	5 000	12 000	56 000	117 000
Financial Balance	8 000	8 000	−31 000	−112 000
Dividends	0	3 000 000	1 000 000	0
Net Income	1 847 000	4 951 000	2 832 000	1 195 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	7 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	16 000	21 000	0	0
Fixtures	61 000	28 000	0	4 000
Total Tangible Assets	77 000	49 000	0	4 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	77 000	49 000	7 000	19 000
Stock	9 779 000	9 678 000	7 112 000	6 434 000
Total Investments	0	0	0	0
Cash, Bank	2 177 000	4 534 000	2 098 000	194 000
Total Current Assets	12 545 000	14 969 000	9 867 000	7 399 000
Total Assets	12 622 000	15 017 000	9 873 000	7 418 000
Total Equity	7 783 000	5 935 000	3 984 000	2 152 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	1 000	0	0
Creditors	2 170 000	2 052 000	2 041 000	1 919 000
Unpaid Taxes	888 000	869 000	877 000	804 000
Dividends	0	3 000 000	1 000 000	0
Other Current Debt	1 259 000	1 771 000	1 180 000	1 396 000
Total Current Debt	4 839 000	9 082 000	5 889 000	5 266 000
Total Equity and Debt	12 622 000	15 017 000	9 873 000	7 418 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,73 %	83,42 %	71,08 %	55,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,27 %	18 %	13,6 %	7,81 %
Current Ratio	2,59	1,65	1,68	1,41
Quick Ratio	−2,54	−25,12	−8,07	−6,33
Equity Ratio	0,62	0,4	0,4	0,29
Gross Profit Margin	39,18 %	39,77 %	40,27 %	38,98 %