SIX 18 AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

−24,4 %

Current Ratio

0,52

Debt-to-Equity Ratio

1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 576 000	2 416 000	798 000	1 610 000
Net Income	−71 000	199 000	−108 000	74 000
Total Assets	1 186 000	875 000	878 000	1 057 000
Total Equity	291 000	362 000	163 000	272 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 576 000	2 416 000	798 000	1 610 000
Expenditure	2 607 000	2 115 000	913 000	1 492 000
Operating Profit	−31 000	301 000	−115 000	117 000
Financial Income	0	0	0	0
Financial Costs	41 000	39 000	17 000	21 000
Financial Balance	−41 000	−39 000	−17 000	−21 000
Earnings Before Tax	−72 000	262 000	−132 000	96 000
Tax	−1 000	63 000	−24 000	22 000
Net Income	−71 000	199 000	−108 000	74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	972 000	220 000	670 000	686 000
Total Current Assets	214 000	655 000	208 000	372 000
Total Assets	1 186 000	875 000	878 000	1 057 000
Total Retained Equity	261 000	332 000	133 000	242 000
Total Equity	291 000	362 000	163 000	272 000
Total Long-Term Debt	480 000	32 000	438 000	539 000
Total Current Debt	415 000	481 000	276 000	247 000
Total Equity and Debt	1 186 000	875 000	878 000	1 057 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 576 000	2 416 000	779 000	1 610 000
Other Income	0	0	19 000	0
Revenue	2 576 000	2 416 000	798 000	1 610 000
Cost of Goods Sold	706 000	358 000	83 000	222 000
Salary Costs	863 000	1 027 000	301 000	339 000
Depreciation	188 000	90 000	90 000	88 000
Impairment	0	0	0	0
Expenditure	2 607 000	2 115 000	913 000	1 492 000
Operating Profit	−31 000	301 000	−115 000	117 000
Financial Income	0	0	0	0
Financial Costs	41 000	39 000	17 000	21 000
Financial Balance	−41 000	−39 000	−17 000	−21 000
Dividends	0	0	0	0
Net Income	−71 000	199 000	−108 000	74 000

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	72 000	48 000	67 000	0
Fixtures	900 000	172 000	603 000	686 000
Total Tangible Assets	972 000	220 000	670 000	686 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	972 000	220 000	670 000	686 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 000	425 000	138 000	15 000
Total Current Assets	214 000	655 000	208 000	372 000
Total Assets	1 186 000	875 000	878 000	1 057 000
Total Equity	291 000	362 000	163 000	272 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	480 000	32 000	438 000	539 000
Creditors	86 000	59 000	0	0
Unpaid Taxes	72 000	58 000	95 000	121 000
Dividends	0	0	0	0
Other Current Debt	258 000	333 000	181 000	126 000
Total Current Debt	415 000	481 000	276 000	247 000
Total Equity and Debt	1 186 000	875 000	878 000	1 057 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,4 %	54,97 %	−66,26 %	27,21 %
Debt-to-Equity Ratio	1,65	0,09	2,69	1,98
Operating Profit Margin	−1,2 %	12,46 %	−14,41 %	7,27 %
Current Ratio	0,52	1,36	0,75	1,51
Quick Ratio	0,52	1,36	0,75	1,51
Equity Ratio	0,25	0,41	0,19	0,26
Gross Profit Margin	72,59 %	85,18 %	89,6 %	86,21 %