SIGURDSGATE 7 AS

3260 LARVIK

Finances

Share Ownership

Return on Equity

−41,08 %

Current Ratio

0,42

Debt-to-Equity Ratio

4,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	64 000	56 000	238 000	410 000
Net Income	−758 000	−355 000	−12 000	81 000
Total Assets	13 665 000	4 371 000	3 587 000	3 655 000
Total Equity	1 845 000	2 603 000	2 958 000	2 971 000

Income (NOK)	2022	2021	2020	2019
Revenue	64 000	56 000	238 000	410 000
Expenditure	566 000	263 000	217 000	267 000
Operating Profit	−501 000	−207 000	21 000	143 000
Financial Income	0	0	0	0
Financial Costs	257 000	12 000	37 000	39 000
Financial Balance	−257 000	−12 000	−37 000	−39 000
Earnings Before Tax	−758 000	−219 000	−16 000	104 000
Tax	0	135 000	−4 000	23 000
Net Income	−758 000	−355 000	−12 000	81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 848 000	3 853 000	3 403 000	3 497 000
Total Current Assets	1 817 000	519 000	184 000	158 000
Total Assets	13 665 000	4 371 000	3 587 000	3 655 000
Total Retained Equity	−1 155 000	−397 000	−42 000	−29 000
Total Equity	1 845 000	2 603 000	2 958 000	2 971 000
Total Long-Term Debt	7 500 000	0	590 000	633 000
Total Current Debt	4 319 000	1 768 000	39 000	51 000
Total Equity and Debt	13 665 000	4 371 000	3 587 000	3 655 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 000	0	216 000	365 000
Other Income	56 000	56 000	23 000	45 000
Revenue	64 000	56 000	238 000	410 000
Cost of Goods Sold	9 000	20 000	0	0
Salary Costs	0	0	0	0
Depreciation	212 000	53 000	103 000	103 000
Impairment	0	0	0	0
Expenditure	566 000	263 000	217 000	267 000
Operating Profit	−501 000	−207 000	21 000	143 000
Financial Income	0	0	0	0
Financial Costs	257 000	12 000	37 000	39 000
Financial Balance	−257 000	−12 000	−37 000	−39 000
Dividends	0	0	0	0
Net Income	−758 000	−355 000	−12 000	81 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	135 000	126 000
Real Eastate	9 971 000	3 853 000	3 268 000	3 371 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 877 000	0	0	0
Total Tangible Assets	11 848 000	3 853 000	3 268 000	3 371 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 848 000	3 853 000	3 403 000	3 497 000
Stock	0	0	20 000	20 000
Total Investments	0	0	0	0
Cash, Bank	1 643 000	516 000	74 000	62 000
Total Current Assets	1 817 000	519 000	184 000	158 000
Total Assets	13 665 000	4 371 000	3 587 000	3 655 000
Total Equity	1 845 000	2 603 000	2 958 000	2 971 000
Short-Term Group Debt	3 720 000	1 720 000	0	0
Total Long-Term Debt	7 500 000	0	590 000	633 000
Creditors	564 000	48 000	0	9 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	35 000	0	33 000	10 000
Total Current Debt	4 319 000	1 768 000	39 000	51 000
Total Equity and Debt	13 665 000	4 371 000	3 587 000	3 655 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,08 %	−13,64 %	−0,41 %	2,73 %
Debt-to-Equity Ratio	4,07	0	0,2	0,21
Operating Profit Margin	−782,81 %	−369,64 %	8,82 %	34,88 %
Current Ratio	0,42	0,29	4,72	3,1
Quick Ratio	0,42	0,29	9,68	5,1
Equity Ratio	0,14	0,6	0,82	0,81
Gross Profit Margin	85,94 %	64,29 %	100 %	100 %