SØRVIK MASKIN AS

4260 TORVASTAD

Finances

Share Ownership

Return on Equity

−0,99 %

Current Ratio

4,13

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 007 000	4 677 000	5 151 000	3 223 000
Net Income	−25 000	135 000	340 000	−95 000
Total Assets	2 950 000	3 558 000	3 658 000	2 417 000
Total Equity	2 515 000	2 539 000	2 405 000	2 064 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 007 000	4 677 000	5 151 000	3 223 000
Expenditure	3 970 000	4 463 000	4 738 000	3 310 000
Operating Profit	37 000	213 000	413 000	−88 000
Financial Income	3 000	2 000	9 000	2 000
Financial Costs	28 000	37 000	17 000	4 000
Financial Balance	−25 000	−35 000	−8 000	−2 000
Earnings Before Tax	12 000	179 000	405 000	−90 000
Tax	37 000	44 000	65 000	5 000
Net Income	−25 000	135 000	340 000	−95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 650 000	2 101 000	1 736 000	1 231 000
Total Current Assets	1 300 000	1 457 000	1 922 000	1 186 000
Total Assets	2 950 000	3 558 000	3 658 000	2 417 000
Total Retained Equity	2 415 000	2 439 000	2 305 000	1 964 000
Total Equity	2 515 000	2 539 000	2 405 000	2 064 000
Total Long-Term Debt	120 000	623 000	449 000	7 000
Total Current Debt	315 000	396 000	804 000	346 000
Total Equity and Debt	2 950 000	3 558 000	3 658 000	2 417 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 961 000	4 661 000	4 601 000	3 231 000
Other Income	46 000	16 000	550 000	−8 000
Revenue	4 007 000	4 677 000	5 151 000	3 223 000
Cost of Goods Sold	1 244 000	2 006 000	2 122 000	920 000
Salary Costs	1 019 000	807 000	840 000	798 000
Depreciation	447 000	470 000	570 000	593 000
Impairment	0	0	0	0
Expenditure	3 970 000	4 463 000	4 738 000	3 310 000
Operating Profit	37 000	213 000	413 000	−88 000
Financial Income	3 000	2 000	9 000	2 000
Financial Costs	28 000	37 000	17 000	4 000
Financial Balance	−25 000	−35 000	−8 000	−2 000
Dividends	0	0	0	0
Net Income	−25 000	135 000	340 000	−95 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	962 000	954 000	91 000	0
Machinery and Plant Facilities	515 000	808 000	1 099 000	337 000
Fixtures	119 000	235 000	392 000	659 000
Total Tangible Assets	1 595 000	1 997 000	1 582 000	995 000
Total Fiancial Fixed Assets	54 000	104 000	154 000	236 000
Total Fixed Assets	1 650 000	2 101 000	1 736 000	1 231 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	852 000	1 087 000	986 000	677 000
Total Current Assets	1 300 000	1 457 000	1 922 000	1 186 000
Total Assets	2 950 000	3 558 000	3 658 000	2 417 000
Total Equity	2 515 000	2 539 000	2 405 000	2 064 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	120 000	623 000	449 000	7 000
Creditors	39 000	53 000	547 000	122 000
Unpaid Taxes	122 000	111 000	134 000	91 000
Dividends	0	0	0	0
Other Current Debt	118 000	143 000	103 000	94 000
Total Current Debt	315 000	396 000	804 000	346 000
Total Equity and Debt	2 950 000	3 558 000	3 658 000	2 417 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,99 %	5,32 %	14,14 %	−4,6 %
Debt-to-Equity Ratio	0,05	0,25	0,19	0
Operating Profit Margin	0,92 %	4,55 %	8,02 %	−2,73 %
Current Ratio	4,13	3,68	2,39	3,43
Quick Ratio	4,13	3,68	2,39	3,43
Equity Ratio	0,85	0,71	0,66	0,85
Gross Profit Margin	68,95 %	57,11 %	58,8 %	71,46 %