SYDESIGN AS

7044 TRONDHEIM

Finances

Share Ownership

Return on Equity

−23,85 %

Current Ratio

1,07

Debt-to-Equity Ratio

2,68

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 736 000	2 562 000	2 875 000	2 443 000
Net Income	−57 000	450 000	91 000	149 000
Total Assets	1 485 000	1 676 000	1 157 000	657 000
Total Equity	239 000	771 000	321 000	230 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 736 000	2 562 000	2 875 000	2 443 000
Expenditure	2 731 000	1 962 000	2 747 000	2 242 000
Operating Profit	5 000	599 000	128 000	201 000
Financial Income	0	1 000	0	0
Financial Costs	73 000	24 000	11 000	7 000
Financial Balance	−73 000	−23 000	−11 000	−7 000
Earnings Before Tax	−68 000	577 000	117 000	195 000
Tax	−11 000	127 000	26 000	45 000
Net Income	−57 000	450 000	91 000	149 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	839 000	717 000	561 000	130 000
Total Current Assets	647 000	960 000	597 000	528 000
Total Assets	1 485 000	1 676 000	1 157 000	657 000
Total Retained Equity	209 000	741 000	291 000	200 000
Total Equity	239 000	771 000	321 000	230 000
Total Long-Term Debt	640 000	305 000	333 000	5 000
Total Current Debt	607 000	600 000	504 000	423 000
Total Equity and Debt	1 485 000	1 676 000	1 157 000	657 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 736 000	2 510 000	2 875 000	2 436 000
Other Income	0	53 000	0	7 000
Revenue	2 736 000	2 562 000	2 875 000	2 443 000
Cost of Goods Sold	675 000	465 000	579 000	658 000
Salary Costs	993 000	483 000	1 330 000	1 100 000
Depreciation	267 000	90 000	54 000	34 000
Impairment	0	0	0	0
Expenditure	2 731 000	1 962 000	2 747 000	2 242 000
Operating Profit	5 000	599 000	128 000	201 000
Financial Income	0	1 000	0	0
Financial Costs	73 000	24 000	11 000	7 000
Financial Balance	−73 000	−23 000	−11 000	−7 000
Dividends	475 000	0	0	75 000
Net Income	−57 000	450 000	91 000	149 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	31 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	539 000	331 000	421 000	130 000
Total Tangible Assets	539 000	331 000	421 000	130 000
Total Fiancial Fixed Assets	269 000	386 000	140 000	0
Total Fixed Assets	839 000	717 000	561 000	130 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	473 000	662 000	524 000	322 000
Total Current Assets	647 000	960 000	597 000	528 000
Total Assets	1 485 000	1 676 000	1 157 000	657 000
Total Equity	239 000	771 000	321 000	230 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	640 000	305 000	333 000	5 000
Creditors	25 000	83 000	67 000	53 000
Unpaid Taxes	260 000	225 000	183 000	159 000
Dividends	475 000	0	0	75 000
Other Current Debt	289 000	164 000	239 000	88 000
Total Current Debt	607 000	600 000	504 000	423 000
Total Equity and Debt	1 485 000	1 676 000	1 157 000	657 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−23,85 %	58,37 %	28,35 %	64,78 %
Debt-to-Equity Ratio	2,68	0,4	1,04	0,02
Operating Profit Margin	0,18 %	23,38 %	4,45 %	8,23 %
Current Ratio	1,07	1,6	1,18	1,25
Quick Ratio	1,07	1,6	1,18	1,25
Equity Ratio	0,16	0,46	0,28	0,35
Gross Profit Margin	75,33 %	81,85 %	79,86 %	73,07 %