SINGSTAD INNOVATION AS

3230 SANDEFJORD

Finances

Return on Equity

1,38 %

Current Ratio

0,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 000	38 000	0	0
Net Income	23 000	1 274 000	−2 000	−1 000
Total Assets	1 870 000	1 941 000	62 000	28 000
Total Equity	1 663 000	1 640 000	21 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 000	38 000	0	0
Expenditure	177 000	42 000	4 000	1 000
Operating Profit	−143 000	−4 000	−4 000	−1 000
Financial Income	400 000	1 281 000	0	0
Financial Costs	234 000	1 000	0	0
Financial Balance	166 000	1 280 000	0	0
Earnings Before Tax	23 000	1 276 000	−4 000	−1 000
Tax	0	2 000	−2 000	0
Net Income	23 000	1 274 000	−2 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 805 000	1 914 000	46 000	5 000
Total Current Assets	66 000	27 000	16 000	23 000
Total Assets	1 870 000	1 941 000	62 000	28 000
Total Retained Equity	1 633 000	1 610 000	−8 000	−1 000
Total Equity	1 663 000	1 640 000	21 000	23 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	207 000	301 000	40 000	5 000
Total Equity and Debt	1 870 000	1 941 000	61 000	28 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 000	38 000	0	0
Other Income	0	0	0	0
Revenue	35 000	38 000	0	0
Cost of Goods Sold	51 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	177 000	42 000	4 000	1 000
Operating Profit	−143 000	−4 000	−4 000	−1 000
Financial Income	400 000	1 281 000	0	0
Financial Costs	234 000	1 000	0	0
Financial Balance	166 000	1 280 000	0	0
Dividends	0	0	0	0
Net Income	23 000	1 274 000	−2 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 000	0
Real Eastate	22 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	22 000	0	0	0
Total Fiancial Fixed Assets	1 782 000	1 914 000	44 000	5 000
Total Fixed Assets	1 805 000	1 914 000	46 000	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	66 000	6 000	0	0
Total Current Assets	66 000	27 000	16 000	23 000
Total Assets	1 870 000	1 941 000	62 000	28 000
Total Equity	1 663 000	1 640 000	21 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	190 000	301 000	40 000	5 000
Total Current Debt	207 000	301 000	40 000	5 000
Total Equity and Debt	1 870 000	1 941 000	61 000	28 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,38 %	77,68 %	−9,52 %	−4,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−408,57 %	−10,53 %	-	-
Current Ratio	0,32	0,09	0,4	4,6
Quick Ratio	0,32	0,09	0,4	4,6
Equity Ratio	0,89	0,84	0,34	0,82
Gross Profit Margin	−45,71 %	100 %	-	-