SORTLAND MASKIN HOLDING AS

8403 SORTLAND

Finances

Return on Equity

28,18 %

Current Ratio

5,1

Debt-to-Equity Ratio

0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	205 000	56 000	122 000	0
Net Income	856 000	1 288 000	33 000	7 000
Total Assets	5 547 000	4 533 000	3 137 000	2 641 000
Total Equity	3 038 000	2 182 000	895 000	862 000

Income (NOK)	2022	2021	2020	2019
Revenue	205 000	56 000	122 000	0
Expenditure	290 000	69 000	123 000	43 000
Operating Profit	−85 000	−13 000	−1 000	−43 000
Financial Income	1 000 000	1 301 000	33 000	50 000
Financial Costs	59 000	0	0	0
Financial Balance	941 000	1 301 000	33 000	50 000
Earnings Before Tax	856 000	1 288 000	33 000	7 000
Tax	0	0	0	0
Net Income	856 000	1 288 000	33 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 848 000	2 904 000	2 717 000	2 578 000
Total Current Assets	1 699 000	1 629 000	420 000	63 000
Total Assets	5 547 000	4 533 000	3 137 000	2 641 000
Total Retained Equity	3 019 000	2 163 000	875 000	842 000
Total Equity	3 038 000	2 182 000	895 000	862 000
Total Long-Term Debt	2 175 000	2 226 000	2 130 000	1 680 000
Total Current Debt	333 000	125 000	112 000	99 000
Total Equity and Debt	5 547 000	4 533 000	3 137 000	2 641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	205 000	50 000	86 000	0
Other Income	0	6 000	36 000	0
Revenue	205 000	56 000	122 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	290 000	69 000	123 000	43 000
Operating Profit	−85 000	−13 000	−1 000	−43 000
Financial Income	1 000 000	1 301 000	33 000	50 000
Financial Costs	59 000	0	0	0
Financial Balance	941 000	1 301 000	33 000	50 000
Dividends	0	0	0	0
Net Income	856 000	1 288 000	33 000	7 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 848 000	2 904 000	2 717 000	2 578 000
Total Fixed Assets	3 848 000	2 904 000	2 717 000	2 578 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	399 000	518 000	417 000	71 000
Total Current Assets	1 699 000	1 629 000	420 000	63 000
Total Assets	5 547 000	4 533 000	3 137 000	2 641 000
Total Equity	3 038 000	2 182 000	895 000	862 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 175 000	2 226 000	2 130 000	1 680 000
Creditors	231 000	3 000	9 000	8 000
Unpaid Taxes	0	19 000	2 000	−11 000
Dividends	0	0	0	0
Other Current Debt	102 000	102 000	102 000	102 000
Total Current Debt	333 000	125 000	112 000	99 000
Total Equity and Debt	5 547 000	4 533 000	3 137 000	2 641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,18 %	59,03 %	3,69 %	0,81 %
Debt-to-Equity Ratio	0,72	1,02	2,38	1,95
Operating Profit Margin	−41,46 %	−23,21 %	−0,82 %	-
Current Ratio	5,1	13,03	3,75	0,64
Quick Ratio	5,1	13,03	3,75	0,64
Equity Ratio	0,55	0,48	0,29	0,33
Gross Profit Margin	100 %	100 %	100 %	-