SONGE MEKANISKE VERKSTED AS

4841 ARENDAL

Finances

Share Ownership

Return on Equity

−158,82 %

Current Ratio

0,77

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 515 000	2 700 000	3 099 000	2 833 000
Net Income	54 000	26 000	37 000	33 000
Total Assets	564 000	543 000	536 000	529 000
Total Equity	−34 000	−88 000	−114 000	−151 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 515 000	2 700 000	3 099 000	2 833 000
Expenditure	3 451 000	2 659 000	3 048 000	2 783 000
Operating Profit	64 000	42 000	52 000	51 000
Financial Income	0	0	0	0
Financial Costs	10 000	16 000	15 000	17 000
Financial Balance	−10 000	−16 000	−15 000	−17 000
Earnings Before Tax	54 000	26 000	37 000	33 000
Tax	0	0	0	0
Net Income	54 000	26 000	37 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	106 000	35 000	53 000	91 000
Total Current Assets	459 000	508 000	483 000	438 000
Total Assets	564 000	543 000	536 000	529 000
Total Retained Equity	−134 000	−188 000	−214 000	−251 000
Total Equity	−34 000	−88 000	−114 000	−151 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	599 000	631 000	650 000	679 000
Total Equity and Debt	564 000	543 000	536 000	529 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 515 000	2 668 000	3 099 000	2 833 000
Other Income	0	32 000	0	0
Revenue	3 515 000	2 700 000	3 099 000	2 833 000
Cost of Goods Sold	1 223 000	784 000	1 101 000	958 000
Salary Costs	1 424 000	1 063 000	1 151 000	1 087 000
Depreciation	13 000	18 000	27 000	23 000
Impairment	0	0	0	0
Expenditure	3 451 000	2 659 000	3 048 000	2 783 000
Operating Profit	64 000	42 000	52 000	51 000
Financial Income	0	0	0	0
Financial Costs	10 000	16 000	15 000	17 000
Financial Balance	−10 000	−16 000	−15 000	−17 000
Dividends	0	0	0	0
Net Income	54 000	26 000	37 000	33 000

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	106 000	35 000	44 000	66 000
Fixtures	0	0	9 000	25 000
Total Tangible Assets	106 000	35 000	53 000	91 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	106 000	35 000	53 000	91 000
Stock	256 000	263 000	206 000	197 000
Total Investments	0	0	0	0
Cash, Bank	73 000	13 000	34 000	33 000
Total Current Assets	459 000	508 000	483 000	438 000
Total Assets	564 000	543 000	536 000	529 000
Total Equity	−34 000	−88 000	−114 000	−151 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	86 000	93 000	86 000	33 000
Unpaid Taxes	200 000	126 000	119 000	113 000
Dividends	0	0	0	0
Other Current Debt	312 000	344 000	287 000	291 000
Total Current Debt	599 000	631 000	650 000	679 000
Total Equity and Debt	564 000	543 000	536 000	529 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−158,82 %	−29,55 %	−32,46 %	−21,85 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	1,82 %	1,56 %	1,68 %	1,8 %
Current Ratio	0,77	0,81	0,74	0,65
Quick Ratio	1,34	1,38	1,09	0,91
Equity Ratio	−0,06	−0,16	−0,21	−0,29
Gross Profit Margin	65,21 %	70,96 %	64,47 %	66,18 %