SULT S4 AS

0287 OSLO

Finances

Share Ownership

Return on Equity

285,57 %

Current Ratio

0,14

Debt-to-Equity Ratio

−9,35

Key figures (NOK)	2022	2021	2020
Revenue	13 311 000	227 000	0
Net Income	−277 000	−722 000	−7 000
Total Assets	7 654 000	6 092 000	225 000
Total Equity	−97 000	75 000	18 000

Income (NOK)	2022	2021	2020
Revenue	13 311 000	227 000	0
Expenditure	13 559 000	1 141 000	7 000
Operating Profit	−248 000	−914 000	−7 000
Financial Income	0	0	0
Financial Costs	52 000	10 000	0
Financial Balance	−52 000	−10 000	0
Earnings Before Tax	−300 000	−923 000	−7 000
Tax	−24 000	−201 000	0
Net Income	−277 000	−722 000	−7 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	6 729 000	5 405 000	119 000
Total Current Assets	925 000	687 000	106 000
Total Assets	7 654 000	6 092 000	225 000
Total Retained Equity	−121 000	51 000	−12 000
Total Equity	−97 000	75 000	18 000
Total Long-Term Debt	907 000	926 000	0
Total Current Debt	6 844 000	5 090 000	207 000
Total Equity and Debt	7 654 000	6 092 000	225 000

Cash flow (NOK)	2022	2021	2020
Sales Income	13 311 000	0	0
Other Income	0	227 000	0
Revenue	13 311 000	227 000	0
Cost of Goods Sold	5 226 000	0	0
Salary Costs	3 683 000	485 000	0
Depreciation	505 000	278 000	1 000
Impairment	0	0	0
Expenditure	13 559 000	1 141 000	7 000
Operating Profit	−248 000	−914 000	−7 000
Financial Income	0	0	0
Financial Costs	52 000	10 000	0
Financial Balance	−52 000	−10 000	0
Dividends	0	0	0
Net Income	−277 000	−722 000	−7 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	3 083 000	2 912 000	0
Machinery and Plant Facilities	1 356 000	1 552 000	0
Fixtures	2 290 000	941 000	119 000
Total Tangible Assets	6 729 000	5 405 000	119 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	6 729 000	5 405 000	119 000
Stock	168 000	168 000	0
Total Investments	0	0	0
Cash, Bank	917 000	110 000	32 000
Total Current Assets	925 000	687 000	106 000
Total Assets	7 654 000	6 092 000	225 000
Total Equity	−97 000	75 000	18 000
Short-Term Group Debt	−209 000	831 000	30 000
Total Long-Term Debt	907 000	926 000	0
Creditors	5 136 000	4 511 000	223 000
Unpaid Taxes	1 304 000	−319 000	−46 000
Dividends	0	0	0
Other Current Debt	612 000	68 000	0
Total Current Debt	6 844 000	5 090 000	207 000
Total Equity and Debt	7 654 000	6 092 000	225 000

Financial indicators	2022	2021	2020
Return on Equity	285,57 %	−962,67 %	−38,89 %
Debt-to-Equity Ratio	−9,35	12,35	0
Operating Profit Margin	−1,86 %	−402,64 %	-
Current Ratio	0,14	0,13	0,51
Quick Ratio	0,14	0,14	0,51
Equity Ratio	−0,01	0,01	0,08
Gross Profit Margin	60,74 %	100 %	-