6 - Segment Information: Schedule of Segment Reporting Information (Tables)

12 Months Ended

Dec. 31, 2021

Tables/Schedules

Schedule of Segment Reporting Information

	Fastener	Assembly Equipment	Other	Consolidated
Year Ended December 31, 2021:
Net Sales………………………………………	$      29,831,388	$      4,143,170	$                  0	$        33,974,558
Depreciation……………………………………...	1,161,596	134,957	22,001	1,318,554
Segment operating profit………………………	2,384,486	997,048	0	3,381,534
Selling and administrative expenses…………..	0	0	(2,022,619)	(2,022,619)
Other income……………………………………..	0	0	55,557	55,557
Income before income taxes……………………				1,414,472
Capital expenditures…………………………….	493,564	0	177,334	670,898
Segment assets:
Accounts receivable, net……………………...	5,302,257	345,727	0	5,647,984
Inventories, net………………………………...	7,214,050	1,305,730	0	8,519,780
Property, plant and equipment, net………….	9,782,324	1,433,905	1,257,635	12,473,864
Other assets……………………………………	0	0	5,124,630	5,124,630
				31,766,258
Year Ended December 31, 2020:
Net Sales………………………………………	$      24,607,863	$      2,982,790	$                  0	$        27,590,653
Depreciation……………………………………...	1,182,555	131,826	32,924	1,347,305
Segment operating profit………………………	1,531,933	513,250	0	2,045,183
Selling and administrative expenses…………..	0	0	(2,128,197)	(2,128,197)
Other income……………………………………..	0	0	148,464	148,4640
Income before income taxes……………………				65,450
Capital expenditures…………………………….	614,835	13,924	195,377	824,136
Segment assets:
Accounts receivable, net……………………...	4,906,239	257,211	0	5,163,450
Inventories, net………………………………...	4,024,138	1,129,156	0	5,153,294
Property, plant and equipment, net………….	10,479,720	1,568,862	1,102,302	13,150,884
Other assets……………………………………	0	0	7,770,443	7,770,443
				31,238,071