SØRMASKINERING AS

4642 SØGNE

Finances

Share Ownership

Return on Equity

31,96 %

Current Ratio

1,82

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 231 000	29 662 000	26 098 000	26 924 000
Net Income	2 020 000	3 003 000	2 279 000	5 150 000
Total Assets	12 433 000	14 094 000	15 863 000	25 635 000
Total Equity	6 321 000	9 301 000	6 298 000	20 319 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 231 000	29 662 000	26 098 000	26 924 000
Expenditure	20 673 000	25 821 000	23 268 000	20 514 000
Operating Profit	2 557 000	3 840 000	2 830 000	6 411 000
Financial Income	37 000	14 000	94 000	204 000
Financial Costs	1 000	1 000	2 000	5 000
Financial Balance	36 000	13 000	92 000	199 000
Earnings Before Tax	2 593 000	3 854 000	2 922 000	6 610 000
Tax	573 000	851 000	643 000	1 459 000
Net Income	2 020 000	3 003 000	2 279 000	5 150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 443 000	2 026 000	2 652 000	3 918 000
Total Current Assets	10 990 000	12 067 000	13 211 000	21 717 000
Total Assets	12 433 000	14 094 000	15 863 000	25 635 000
Total Retained Equity	6 221 000	9 201 000	6 198 000	20 219 000
Total Equity	6 321 000	9 301 000	6 298 000	20 319 000
Total Long-Term Debt	74 000	82 000	177 000	229 000
Total Current Debt	6 039 000	4 710 000	9 387 000	5 087 000
Total Equity and Debt	12 433 000	14 094 000	15 863 000	25 635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 878 000	29 654 000	25 734 000	25 770 000
Other Income	354 000	8 000	365 000	1 155 000
Revenue	23 231 000	29 662 000	26 098 000	26 924 000
Cost of Goods Sold	8 357 000	14 489 000	11 749 000	9 981 000
Salary Costs	8 330 000	7 457 000	7 907 000	7 109 000
Depreciation	650 000	762 000	787 000	617 000
Impairment	0	0	0	0
Expenditure	20 673 000	25 821 000	23 268 000	20 514 000
Operating Profit	2 557 000	3 840 000	2 830 000	6 411 000
Financial Income	37 000	14 000	94 000	204 000
Financial Costs	1 000	1 000	2 000	5 000
Financial Balance	36 000	13 000	92 000	199 000
Dividends	5 000 000	0	6 000 000	0
Net Income	2 020 000	3 003 000	2 279 000	5 150 000

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	118 000	128 000	96 000	120 000
Fixtures	1 197 000	1 457 000	2 092 000	2 913 000
Total Tangible Assets	1 315 000	1 585 000	2 187 000	3 033 000
Total Fiancial Fixed Assets	128 000	441 000	465 000	885 000
Total Fixed Assets	1 443 000	2 026 000	2 652 000	3 918 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 355 000	7 401 000	10 442 000	12 961 000
Total Current Assets	10 990 000	12 067 000	13 211 000	21 717 000
Total Assets	12 433 000	14 094 000	15 863 000	25 635 000
Total Equity	6 321 000	9 301 000	6 298 000	20 319 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	74 000	82 000	177 000	229 000
Creditors	1 076 000	689 000	806 000	1 032 000
Unpaid Taxes	1 035 000	1 808 000	660 000	1 956 000
Dividends	5 000 000	0	6 000 000	0
Other Current Debt	1 346 000	1 267 000	1 226 000	886 000
Total Current Debt	6 039 000	4 710 000	9 387 000	5 087 000
Total Equity and Debt	12 433 000	14 094 000	15 863 000	25 635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,96 %	32,29 %	36,19 %	25,35 %
Debt-to-Equity Ratio	0,01	0,01	0,03	0,01
Operating Profit Margin	11,01 %	12,95 %	10,84 %	23,81 %
Current Ratio	1,82	2,56	1,41	4,27
Quick Ratio	1,82	2,56	1,41	4,27
Equity Ratio	0,51	0,66	0,4	0,79
Gross Profit Margin	64,03 %	51,15 %	54,98 %	62,93 %