SINECO EIENDOM AS

4985 VEGÅRSHEI

Finances

Share Ownership

Return on Equity

30,37 %

Current Ratio

9,23

Debt-to-Equity Ratio

13,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	427 000	318 000	265 000	252 000
Net Income	65 000	13 000	−14 000	−6 000
Total Assets	3 085 000	3 790 000	2 762 000	2 965 000
Total Equity	214 000	334 000	320 000	334 000

Income (NOK)	2022	2021	2020	2019
Revenue	427 000	318 000	265 000	252 000
Expenditure	211 000	213 000	169 000	156 000
Operating Profit	216 000	105 000	95 000	97 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	131 000	92 000	110 000	103 000
Financial Balance	−131 000	−91 000	−109 000	−102 000
Earnings Before Tax	86 000	13 000	−14 000	−6 000
Tax	21 000	0	0	0
Net Income	65 000	13 000	−14 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 762 000	2 896 000	1 600 000	1 706 000
Total Current Assets	323 000	894 000	1 162 000	1 258 000
Total Assets	3 085 000	3 790 000	2 762 000	2 965 000
Total Retained Equity	−216 000	−96 000	−110 000	−96 000
Total Equity	214 000	334 000	320 000	334 000
Total Long-Term Debt	2 835 000	3 396 000	2 391 000	2 599 000
Total Current Debt	35 000	60 000	51 000	31 000
Total Equity and Debt	3 085 000	3 790 000	2 762 000	2 965 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	25 000	10 000	0
Other Income	427 000	294 000	255 000	252 000
Revenue	427 000	318 000	265 000	252 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	134 000	133 000	124 000	122 000
Impairment	0	0	0	0
Expenditure	211 000	213 000	169 000	156 000
Operating Profit	216 000	105 000	95 000	97 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	131 000	92 000	110 000	103 000
Financial Balance	−131 000	−91 000	−109 000	−102 000
Dividends	0	0	0	0
Net Income	65 000	13 000	−14 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 726 000	2 848 000	1 585 000	1 706 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	48 000	15 000	0
Total Tangible Assets	2 762 000	2 896 000	1 600 000	1 706 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 762 000	2 896 000	1 600 000	1 706 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	75 000	510 000	840 000	998 000
Total Current Assets	323 000	894 000	1 162 000	1 258 000
Total Assets	3 085 000	3 790 000	2 762 000	2 965 000
Total Equity	214 000	334 000	320 000	334 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 835 000	3 396 000	2 391 000	2 599 000
Creditors	0	0	0	0
Unpaid Taxes	35 000	60 000	51 000	31 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	35 000	60 000	51 000	31 000
Total Equity and Debt	3 085 000	3 790 000	2 762 000	2 965 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,37 %	3,89 %	−4,38 %	−1,8 %
Debt-to-Equity Ratio	13,25	10,17	7,47	7,78
Operating Profit Margin	50,59 %	33,02 %	35,85 %	38,49 %
Current Ratio	9,23	14,9	22,78	40,58
Quick Ratio	9,23	14,9	22,78	40,58
Equity Ratio	0,07	0,09	0,12	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %