SUNNMØRE KRANSERVICE

6105 VOLDA

Finances

Share Ownership

Return on Equity

15,84 %

Current Ratio

2,09

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 822 000	7 201 000	4 983 000	5 584 000
Net Income	448 000	19 000	256 000	−351 000
Total Assets	4 810 000	5 028 000	3 905 000	3 504 000
Total Equity	2 828 000	2 380 000	2 362 000	2 105 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 822 000	7 201 000	4 983 000	5 584 000
Expenditure	13 262 000	7 160 000	4 653 000	6 023 000
Operating Profit	560 000	40 000	330 000	−438 000
Financial Income	51 000	5 000	3 000	8 000
Financial Costs	38 000	21 000	5 000	20 000
Financial Balance	13 000	−16 000	−2 000	−12 000
Earnings Before Tax	574 000	24 000	328 000	−450 000
Tax	126 000	5 000	72 000	−99 000
Net Income	448 000	19 000	256 000	−351 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 639 000	1 784 000	1 592 000	1 857 000
Total Current Assets	3 171 000	3 244 000	2 313 000	1 648 000
Total Assets	4 810 000	5 028 000	3 905 000	3 504 000
Total Retained Equity	2 778 000	2 330 000	2 312 000	2 055 000
Total Equity	2 828 000	2 380 000	2 362 000	2 105 000
Total Long-Term Debt	462 000	630 000	247 000	315 000
Total Current Debt	1 520 000	2 018 000	1 296 000	1 084 000
Total Equity and Debt	4 810 000	5 028 000	3 905 000	3 504 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 775 000	7 108 000	4 983 000	6 184 000
Other Income	47 000	92 000	0	−600 000
Revenue	13 822 000	7 201 000	4 983 000	5 584 000
Cost of Goods Sold	4 609 000	1 909 000	1 995 000	2 757 000
Salary Costs	3 323 000	1 660 000	180 000	651 000
Depreciation	190 000	106 000	109 000	116 000
Impairment	0	0	0	0
Expenditure	13 262 000	7 160 000	4 653 000	6 023 000
Operating Profit	560 000	40 000	330 000	−438 000
Financial Income	51 000	5 000	3 000	8 000
Financial Costs	38 000	21 000	5 000	20 000
Financial Balance	13 000	−16 000	−2 000	−12 000
Dividends	0	0	0	0
Net Income	448 000	19 000	256 000	−351 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	208 000	180 000	37 000	76 000
Fixtures	165 000	136 000	157 000	224 000
Total Tangible Assets	373 000	316 000	195 000	300 000
Total Fiancial Fixed Assets	1 266 000	1 468 000	1 397 000	1 553 000
Total Fixed Assets	1 639 000	1 784 000	1 592 000	1 857 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 130 000	1 199 000	109 000	403 000
Total Current Assets	3 171 000	3 244 000	2 313 000	1 648 000
Total Assets	4 810 000	5 028 000	3 905 000	3 504 000
Total Equity	2 828 000	2 380 000	2 362 000	2 105 000
Short-Term Group Debt	0	250 000	500 000	500 000
Total Long-Term Debt	462 000	630 000	247 000	315 000
Creditors	485 000	1 164 000	489 000	354 000
Unpaid Taxes	462 000	374 000	198 000	155 000
Dividends	0	0	0	0
Other Current Debt	400 000	192 000	19 000	75 000
Total Current Debt	1 520 000	2 018 000	1 296 000	1 084 000
Total Equity and Debt	4 810 000	5 028 000	3 905 000	3 504 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,84 %	0,8 %	10,84 %	−16,67 %
Debt-to-Equity Ratio	0,16	0,26	0,1	0,15
Operating Profit Margin	4,05 %	0,56 %	6,62 %	−7,84 %
Current Ratio	2,09	1,61	1,78	1,52
Quick Ratio	2,09	1,61	1,78	1,52
Equity Ratio	0,59	0,47	0,6	0,6
Gross Profit Margin	66,65 %	73,49 %	59,96 %	50,63 %