SØVIK MATHUS AS

6280 SØVIK

Finances

Return on Equity

3,26 %

Current Ratio

3,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 091 000	25 010 000	27 769 000	26 080 000
Net Income	174 000	325 000	1 449 000	1 005 000
Total Assets	6 734 000	7 007 000	7 404 000	5 972 000
Total Equity	5 342 000	5 168 000	5 243 000	4 194 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 091 000	25 010 000	27 769 000	26 080 000
Expenditure	22 938 000	24 637 000	25 949 000	24 836 000
Operating Profit	153 000	374 000	1 820 000	1 245 000
Financial Income	84 000	34 000	33 000	38 000
Financial Costs	18 000	0	1 000	0
Financial Balance	66 000	34 000	32 000	38 000
Earnings Before Tax	218 000	408 000	1 852 000	1 283 000
Tax	44 000	83 000	402 000	277 000
Net Income	174 000	325 000	1 449 000	1 005 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 355 000	1 477 000	1 599 000	1 102 000
Total Current Assets	5 380 000	5 531 000	5 805 000	4 870 000
Total Assets	6 734 000	7 007 000	7 404 000	5 972 000
Total Retained Equity	5 042 000	4 868 000	4 943 000	3 894 000
Total Equity	5 342 000	5 168 000	5 243 000	4 194 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 393 000	1 839 000	2 161 000	1 778 000
Total Equity and Debt	6 734 000	7 007 000	7 404 000	5 972 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 011 000	24 930 000	27 682 000	25 975 000
Other Income	80 000	80 000	88 000	105 000
Revenue	23 091 000	25 010 000	27 769 000	26 080 000
Cost of Goods Sold	16 814 000	18 333 000	19 846 000	18 860 000
Salary Costs	3 597 000	3 664 000	3 487 000	3 429 000
Depreciation	311 000	245 000	245 000	152 000
Impairment	0	0	0	0
Expenditure	22 938 000	24 637 000	25 949 000	24 836 000
Operating Profit	153 000	374 000	1 820 000	1 245 000
Financial Income	84 000	34 000	33 000	38 000
Financial Costs	18 000	0	1 000	0
Financial Balance	66 000	34 000	32 000	38 000
Dividends	0	0	400 000	400 000
Net Income	174 000	325 000	1 449 000	1 005 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	11 000	10 000	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	873 000	805 000	929 000	423 000
Total Tangible Assets	873 000	805 000	929 000	423 000
Total Fiancial Fixed Assets	460 000	660 000	660 000	660 000
Total Fixed Assets	1 355 000	1 477 000	1 599 000	1 102 000
Stock	1 500 000	1 362 000	1 333 000	1 262 000
Total Investments	0	2 000 000	0	0
Cash, Bank	3 195 000	1 266 000	3 558 000	2 684 000
Total Current Assets	5 380 000	5 531 000	5 805 000	4 870 000
Total Assets	6 734 000	7 007 000	7 404 000	5 972 000
Total Equity	5 342 000	5 168 000	5 243 000	4 194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	742 000	729 000	627 000	416 000
Unpaid Taxes	281 000	303 000	392 000	335 000
Dividends	0	0	400 000	400 000
Other Current Debt	315 000	323 000	348 000	341 000
Total Current Debt	1 393 000	1 839 000	2 161 000	1 778 000
Total Equity and Debt	6 734 000	7 007 000	7 404 000	5 972 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,26 %	6,29 %	27,64 %	23,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,66 %	1,5 %	6,55 %	4,77 %
Current Ratio	3,86	3,01	2,69	2,74
Quick Ratio	−50,28	11,6	7,01	9,44
Equity Ratio	0,79	0,74	0,71	0,7
Gross Profit Margin	27,18 %	26,7 %	28,53 %	27,68 %