SYNFARING AS

5918 FREKHAUG

Finances

Return on Equity

18,61 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 989 000	30 094 000	23 398 000	24 004 000
Net Income	571 000	2 052 000	−254 000	270 000
Total Assets	13 534 000	13 126 000	12 540 000	12 089 000
Total Equity	3 068 000	2 497 000	474 000	728 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 989 000	30 094 000	23 398 000	24 004 000
Expenditure	34 415 000	30 008 000	23 714 000	23 580 000
Operating Profit	573 000	87 000	−315 000	424 000
Financial Income	333 000	2 146 000	109 000	72 000
Financial Costs	218 000	187 000	145 000	128 000
Financial Balance	115 000	1 959 000	−36 000	−56 000
Earnings Before Tax	689 000	2 045 000	−351 000	368 000
Tax	118 000	−7 000	−98 000	98 000
Net Income	571 000	2 052 000	−254 000	270 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 776 000	1 464 000	5 282 000	5 996 000
Total Current Assets	11 759 000	11 661 000	7 259 000	6 092 000
Total Assets	13 534 000	13 126 000	12 540 000	12 089 000
Total Retained Equity	2 633 000	2 062 000	39 000	293 000
Total Equity	3 068 000	2 497 000	474 000	728 000
Total Long-Term Debt	2 703 000	3 002 000	5 838 000	6 267 000
Total Current Debt	7 764 000	7 627 000	6 229 000	5 094 000
Total Equity and Debt	13 534 000	13 126 000	12 540 000	12 089 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 989 000	30 094 000	23 350 000	24 004 000
Other Income	0	0	49 000	0
Revenue	34 989 000	30 094 000	23 398 000	24 004 000
Cost of Goods Sold	5 871 000	3 170 000	2 971 000	2 858 000
Salary Costs	20 898 000	20 206 000	15 154 000	15 332 000
Depreciation	514 000	393 000	368 000	217 000
Impairment	0	0	0	0
Expenditure	34 415 000	30 008 000	23 714 000	23 580 000
Operating Profit	573 000	87 000	−315 000	424 000
Financial Income	333 000	2 146 000	109 000	72 000
Financial Costs	218 000	187 000	145 000	128 000
Financial Balance	115 000	1 959 000	−36 000	−56 000
Dividends	0	0	0	0
Net Income	571 000	2 052 000	−254 000	270 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	849 000	1 050 000	880 000	1 100 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	835 000	324 000	272 000	420 000
Total Tangible Assets	835 000	324 000	272 000	420 000
Total Fiancial Fixed Assets	91 000	91 000	4 129 000	4 476 000
Total Fixed Assets	1 776 000	1 464 000	5 282 000	5 996 000
Stock	236 000	272 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 003 000	1 605 000	847 000	890 000
Total Current Assets	11 759 000	11 661 000	7 259 000	6 092 000
Total Assets	13 534 000	13 126 000	12 540 000	12 089 000
Total Equity	3 068 000	2 497 000	474 000	728 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 703 000	3 002 000	5 838 000	6 267 000
Creditors	1 245 000	1 026 000	1 278 000	622 000
Unpaid Taxes	2 152 000	2 292 000	1 511 000	1 779 000
Dividends	0	0	0	0
Other Current Debt	2 332 000	2 022 000	1 496 000	1 669 000
Total Current Debt	7 764 000	7 627 000	6 229 000	5 094 000
Total Equity and Debt	13 534 000	13 126 000	12 540 000	12 089 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,61 %	82,18 %	−53,59 %	37,09 %
Debt-to-Equity Ratio	0,88	1,2	12,32	8,61
Operating Profit Margin	1,64 %	0,29 %	−1,35 %	1,77 %
Current Ratio	1,51	1,53	1,17	1,2
Quick Ratio	1,56	1,59	1,17	1,2
Equity Ratio	0,23	0,19	0,04	0,06
Gross Profit Margin	83,22 %	89,47 %	87,3 %	88,09 %