SANDVIKA RØRSERVICE AS

1336 SANDVIKA

Finances

Share Ownership

Return on Equity

141,4 %

Current Ratio

1,37

Debt-to-Equity Ratio

5,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 239 000	5 970 000	5 663 000	4 682 000
Net Income	263 000	448 000	600 000	166 000
Total Assets	2 235 000	2 192 000	2 127 000	1 731 000
Total Equity	186 000	104 000	105 000	105 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 239 000	5 970 000	5 663 000	4 682 000
Expenditure	5 863 000	5 367 000	4 886 000	4 474 000
Operating Profit	376 000	601 000	778 000	208 000
Financial Income	2 000	1 000	2 000	2 000
Financial Costs	43 000	26 000	10 000	16 000
Financial Balance	−41 000	−25 000	−8 000	−14 000
Earnings Before Tax	335 000	577 000	770 000	195 000
Tax	72 000	128 000	169 000	28 000
Net Income	263 000	448 000	600 000	166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	817 000	483 000	690 000	197 000
Total Current Assets	1 418 000	1 709 000	1 437 000	1 534 000
Total Assets	2 235 000	2 192 000	2 127 000	1 731 000
Total Retained Equity	86 000	4 000	5 000	5 000
Total Equity	186 000	104 000	105 000	105 000
Total Long-Term Debt	1 014 000	516 000	747 000	227 000
Total Current Debt	1 035 000	1 573 000	1 274 000	1 399 000
Total Equity and Debt	2 235 000	2 192 000	2 127 000	1 731 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 909 000	5 970 000	5 663 000	4 682 000
Other Income	330 000	0	0	0
Revenue	6 239 000	5 970 000	5 663 000	4 682 000
Cost of Goods Sold	1 991 000	2 030 000	2 033 000	1 593 000
Salary Costs	3 083 000	2 574 000	2 104 000	2 265 000
Depreciation	204 000	207 000	94 000	84 000
Impairment	0	0	0	0
Expenditure	5 863 000	5 367 000	4 886 000	4 474 000
Operating Profit	376 000	601 000	778 000	208 000
Financial Income	2 000	1 000	2 000	2 000
Financial Costs	43 000	26 000	10 000	16 000
Financial Balance	−41 000	−25 000	−8 000	−14 000
Dividends	180 000	450 000	600 000	630 000
Net Income	263 000	448 000	600 000	166 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	817 000	483 000	690 000	168 000
Total Tangible Assets	817 000	483 000	690 000	168 000
Total Fiancial Fixed Assets	0	0	0	15 000
Total Fixed Assets	817 000	483 000	690 000	197 000
Stock	30 000	50 000	50 000	50 000
Total Investments	0	0	0	0
Cash, Bank	896 000	962 000	1 021 000	1 207 000
Total Current Assets	1 418 000	1 709 000	1 437 000	1 534 000
Total Assets	2 235 000	2 192 000	2 127 000	1 731 000
Total Equity	186 000	104 000	105 000	105 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 014 000	516 000	747 000	227 000
Creditors	176 000	247 000	0	192 000
Unpaid Taxes	395 000	362 000	343 000	330 000
Dividends	180 000	450 000	600 000	630 000
Other Current Debt	274 000	376 000	186 000	204 000
Total Current Debt	1 035 000	1 573 000	1 274 000	1 399 000
Total Equity and Debt	2 235 000	2 192 000	2 127 000	1 731 000

Financial indicators	2022	2021	2020	2019
Return on Equity	141,4 %	430,77 %	571,43 %	158,1 %
Debt-to-Equity Ratio	5,45	4,96	7,11	2,16
Operating Profit Margin	6,03 %	10,07 %	13,74 %	4,44 %
Current Ratio	1,37	1,09	1,13	1,1
Quick Ratio	1,41	1,12	1,17	1,14
Equity Ratio	0,08	0,05	0,05	0,06
Gross Profit Margin	68,09 %	66 %	64,1 %	65,98 %