SØRENG MASKIN AS

2742 GRUA

Finances

Share Ownership

Return on Equity

5,49 %

Current Ratio

2,89

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 651 000	1 906 000	1 770 000	2 195 000
Net Income	51 000	−53 000	195 000	37 000
Total Assets	2 062 000	2 264 000	1 357 000	1 142 000
Total Equity	929 000	879 000	931 000	737 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 651 000	1 906 000	1 770 000	2 195 000
Expenditure	2 603 000	1 944 000	1 624 000	2 147 000
Operating Profit	48 000	−39 000	146 000	48 000
Financial Income	31 000	11 000	107 000	9 000
Financial Costs	29 000	24 000	28 000	19 000
Financial Balance	2 000	−13 000	79 000	−10 000
Earnings Before Tax	51 000	−53 000	224 000	38 000
Tax	0	0	30 000	1 000
Net Income	51 000	−53 000	195 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	496 000	539 000	152 000	60 000
Total Current Assets	1 566 000	1 726 000	1 205 000	1 082 000
Total Assets	2 062 000	2 264 000	1 357 000	1 142 000
Total Retained Equity	779 000	729 000	781 000	587 000
Total Equity	929 000	879 000	931 000	737 000
Total Long-Term Debt	591 000	655 000	140 000	136 000
Total Current Debt	542 000	731 000	286 000	269 000
Total Equity and Debt	2 062 000	2 264 000	1 357 000	1 142 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 648 000	1 906 000	1 770 000	2 195 000
Other Income	3 000	0	0	0
Revenue	2 651 000	1 906 000	1 770 000	2 195 000
Cost of Goods Sold	1 941 000	1 268 000	866 000	1 505 000
Salary Costs	252 000	248 000	312 000	250 000
Depreciation	43 000	19 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	2 603 000	1 944 000	1 624 000	2 147 000
Operating Profit	48 000	−39 000	146 000	48 000
Financial Income	31 000	11 000	107 000	9 000
Financial Costs	29 000	24 000	28 000	19 000
Financial Balance	2 000	−13 000	79 000	−10 000
Dividends	0	0	0	0
Net Income	51 000	−53 000	195 000	37 000

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	0	0	0	0
Fixtures	496 000	539 000	32 000	40 000
Total Tangible Assets	496 000	539 000	32 000	40 000
Total Fiancial Fixed Assets	0	0	120 000	20 000
Total Fixed Assets	496 000	539 000	152 000	60 000
Stock	393 000	902 000	793 000	938 000
Total Investments	0	0	0	0
Cash, Bank	495 000	552 000	261 000	8 000
Total Current Assets	1 566 000	1 726 000	1 205 000	1 082 000
Total Assets	2 062 000	2 264 000	1 357 000	1 142 000
Total Equity	929 000	879 000	931 000	737 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	591 000	655 000	140 000	136 000
Creditors	365 000	208 000	121 000	34 000
Unpaid Taxes	146 000	149 000	48 000	87 000
Dividends	0	0	0	0
Other Current Debt	31 000	374 000	87 000	23 000
Total Current Debt	542 000	731 000	286 000	269 000
Total Equity and Debt	2 062 000	2 264 000	1 357 000	1 142 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,49 %	−6,03 %	20,95 %	5,02 %
Debt-to-Equity Ratio	0,64	0,75	0,15	0,18
Operating Profit Margin	1,81 %	−2,05 %	8,25 %	2,19 %
Current Ratio	2,89	2,36	4,21	4,02
Quick Ratio	10,51	−10,09	−2,38	−1,62
Equity Ratio	0,45	0,39	0,69	0,65
Gross Profit Margin	26,78 %	33,47 %	51,07 %	31,44 %