SØRWAAG AS

5427 URANGSVÅG

Finances

Share Ownership

Return on Equity

6,25 %

Current Ratio

2,77

Debt-to-Equity Ratio

1,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 977 000	14 026 000	13 493 000	11 037 000
Net Income	1 113 000	3 129 000	3 173 000	2 301 000
Total Assets	51 754 000	43 953 000	39 532 000	36 860 000
Total Equity	17 805 000	16 693 000	13 564 000	10 391 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 977 000	14 026 000	13 493 000	11 037 000
Expenditure	15 909 000	9 468 000	8 779 000	7 285 000
Operating Profit	2 068 000	4 558 000	4 714 000	3 752 000
Financial Income	55 000	32 000	68 000	66 000
Financial Costs	696 000	579 000	714 000	868 000
Financial Balance	−641 000	−547 000	−646 000	−802 000
Earnings Before Tax	1 427 000	4 011 000	4 068 000	2 950 000
Tax	314 000	882 000	896 000	649 000
Net Income	1 113 000	3 129 000	3 173 000	2 301 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 377 000	35 218 000	28 545 000	27 943 000
Total Current Assets	8 378 000	8 735 000	10 987 000	8 917 000
Total Assets	51 754 000	43 953 000	39 532 000	36 860 000
Total Retained Equity	17 705 000	16 593 000	13 464 000	10 291 000
Total Equity	17 805 000	16 693 000	13 564 000	10 391 000
Total Long-Term Debt	30 926 000	25 620 000	22 212 000	23 629 000
Total Current Debt	3 023 000	1 640 000	3 755 000	2 839 000
Total Equity and Debt	51 754 000	43 953 000	39 532 000	36 860 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 977 000	10 771 000	13 493 000	11 037 000
Other Income	0	3 255 000	0	0
Revenue	17 977 000	14 026 000	13 493 000	11 037 000
Cost of Goods Sold	0	0	0	0
Salary Costs	7 161 000	4 295 000	5 418 000	4 199 000
Depreciation	966 000	1 112 000	869 000	845 000
Impairment	0	0	0	0
Expenditure	15 909 000	9 468 000	8 779 000	7 285 000
Operating Profit	2 068 000	4 558 000	4 714 000	3 752 000
Financial Income	55 000	32 000	68 000	66 000
Financial Costs	696 000	579 000	714 000	868 000
Financial Balance	−641 000	−547 000	−646 000	−802 000
Dividends	0	0	0	0
Net Income	1 113 000	3 129 000	3 173 000	2 301 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 335 000	19 010 000	19 010 000	19 010 000
Real Eastate	999 000	1 012 000	1 025 000	0
Machinery and Plant Facilities	582 000	634 000	687 000	268 000
Fixtures	0	0	0	0
Total Tangible Assets	18 042 000	16 208 000	9 535 000	8 933 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 377 000	35 218 000	28 545 000	27 943 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 242 000	8 575 000	9 487 000	8 759 000
Total Current Assets	8 378 000	8 735 000	10 987 000	8 917 000
Total Assets	51 754 000	43 953 000	39 532 000	36 860 000
Total Equity	17 805 000	16 693 000	13 564 000	10 391 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 926 000	25 620 000	22 212 000	23 629 000
Creditors	258 000	100 000	675 000	465 000
Unpaid Taxes	2 390 000	1 381 000	2 110 000	1 771 000
Dividends	0	0	0	0
Other Current Debt	206 000	50 000	167 000	57 000
Total Current Debt	3 023 000	1 640 000	3 755 000	2 839 000
Total Equity and Debt	51 754 000	43 953 000	39 532 000	36 860 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,25 %	18,74 %	23,39 %	22,14 %
Debt-to-Equity Ratio	1,74	1,53	1,64	2,27
Operating Profit Margin	11,5 %	32,5 %	34,94 %	33,99 %
Current Ratio	2,77	5,33	2,93	3,14
Quick Ratio	2,77	5,33	2,93	3,14
Equity Ratio	0,34	0,38	0,34	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %