SIGVARTSEN ELEKTRO AS

2080 EIDSVOLL

Finances

Return on Equity

53,2 %

Current Ratio

2,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 186 000	36 690 000	32 657 000	30 586 000
Net Income	5 478 000	4 425 000	3 946 000	3 055 000
Total Assets	18 990 000	17 115 000	15 223 000	12 722 000
Total Equity	10 297 000	4 819 000	8 894 000	7 270 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 186 000	36 690 000	32 657 000	30 586 000
Expenditure	35 466 000	31 087 000	27 852 000	26 755 000
Operating Profit	6 956 000	5 626 000	5 000 000	3 831 000
Financial Income	68 000	48 000	63 000	88 000
Financial Costs	0	0	3 000	2 000
Financial Balance	68 000	48 000	60 000	86 000
Earnings Before Tax	7 024 000	5 673 000	5 060 000	3 917 000
Tax	1 545 000	1 248 000	1 114 000	862 000
Net Income	5 478 000	4 425 000	3 946 000	3 055 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	169 000	216 000	346 000	177 000
Total Current Assets	18 821 000	16 899 000	14 877 000	12 545 000
Total Assets	18 990 000	17 115 000	15 223 000	12 722 000
Total Retained Equity	9 857 000	4 379 000	8 454 000	6 830 000
Total Equity	10 297 000	4 819 000	8 894 000	7 270 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 693 000	12 296 000	6 330 000	5 452 000
Total Equity and Debt	18 990 000	17 115 000	15 223 000	12 722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 176 000	36 628 000	32 646 000	30 529 000
Other Income	10 000	63 000	11 000	58 000
Revenue	42 186 000	36 690 000	32 657 000	30 586 000
Cost of Goods Sold	15 341 000	13 094 000	11 848 000	11 138 000
Salary Costs	15 745 000	14 221 000	12 686 000	12 232 000
Depreciation	52 000	54 000	39 000	108 000
Impairment	0	0	0	0
Expenditure	35 466 000	31 087 000	27 852 000	26 755 000
Operating Profit	6 956 000	5 626 000	5 000 000	3 831 000
Financial Income	68 000	48 000	63 000	88 000
Financial Costs	0	0	3 000	2 000
Financial Balance	68 000	48 000	60 000	86 000
Dividends	0	5 500 000	0	0
Net Income	5 478 000	4 425 000	3 946 000	3 055 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 000	24 000	19 000	33 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	139 000	190 000	245 000	24 000
Total Tangible Assets	139 000	190 000	245 000	24 000
Total Fiancial Fixed Assets	2 000	2 000	83 000	120 000
Total Fixed Assets	169 000	216 000	346 000	177 000
Stock	2 012 000	1 776 000	1 754 000	1 559 000
Total Investments	0	0	0	0
Cash, Bank	10 161 000	9 665 000	8 293 000	6 491 000
Total Current Assets	18 821 000	16 899 000	14 877 000	12 545 000
Total Assets	18 990 000	17 115 000	15 223 000	12 722 000
Total Equity	10 297 000	4 819 000	8 894 000	7 270 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 422 000	958 000	1 068 000	896 000
Unpaid Taxes	2 721 000	2 390 000	2 194 000	2 102 000
Dividends	0	5 500 000	0	0
Other Current Debt	2 000 000	2 196 000	1 968 000	1 555 000
Total Current Debt	8 693 000	12 296 000	6 330 000	5 452 000
Total Equity and Debt	18 990 000	17 115 000	15 223 000	12 722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,2 %	91,82 %	44,37 %	42,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,49 %	15,33 %	15,31 %	12,53 %
Current Ratio	2,17	1,37	2,35	2,3
Quick Ratio	2,82	1,61	3,25	3,22
Equity Ratio	0,54	0,28	0,58	0,57
Gross Profit Margin	63,63 %	64,31 %	63,72 %	63,58 %