SINEC AS

6017 ÅLESUND

Finances

Return on Equity

−1,94 %

Current Ratio

19,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	50 000
Net Income	−2 019 000	7 664 000	2 619 000	4 495 000
Total Assets	108 437 000	110 928 000	116 468 000	117 979 000
Total Equity	103 878 000	108 897 000	113 233 000	113 613 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	50 000
Expenditure	759 000	809 000	556 000	881 000
Operating Profit	−759 000	−809 000	−556 000	−831 000
Financial Income	6 035 000	8 554 000	3 842 000	5 653 000
Financial Costs	6 882 000	0	431 000	1 000
Financial Balance	−847 000	8 554 000	3 411 000	5 652 000
Earnings Before Tax	−1 606 000	7 745 000	2 855 000	4 822 000
Tax	413 000	81 000	235 000	326 000
Net Income	−2 019 000	7 664 000	2 619 000	4 495 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 350 000	16 755 000	14 472 000	14 153 000
Total Current Assets	89 087 000	94 173 000	101 996 000	103 825 000
Total Assets	108 437 000	110 928 000	116 468 000	117 979 000
Total Retained Equity	101 614 000	106 633 000	110 969 000	111 349 000
Total Equity	103 878 000	108 897 000	113 233 000	113 613 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 560 000	2 032 000	3 235 000	4 365 000
Total Equity and Debt	108 437 000	110 928 000	116 468 000	117 979 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	50 000
Other Income	0	0	0	0
Revenue	0	0	0	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	1 000	157 000
Depreciation	13 000	24 000	16 000	0
Impairment	0	0	0	0
Expenditure	759 000	809 000	556 000	881 000
Operating Profit	−759 000	−809 000	−556 000	−831 000
Financial Income	6 035 000	8 554 000	3 842 000	5 653 000
Financial Costs	6 882 000	0	431 000	1 000
Financial Balance	−847 000	8 554 000	3 411 000	5 652 000
Dividends	3 000 000	12 000 000	3 000 000	4 805 000
Net Income	−2 019 000	7 664 000	2 619 000	4 495 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	13 000	37 000	0
Total Tangible Assets	0	13 000	37 000	0
Total Fiancial Fixed Assets	19 350 000	16 742 000	14 435 000	14 153 000
Total Fixed Assets	19 350 000	16 755 000	14 472 000	14 153 000
Stock	0	0	0	0
Total Investments	59 441 000	58 289 000	34 260 000	30 628 000
Cash, Bank	28 323 000	35 800 000	62 378 000	73 002 000
Total Current Assets	89 087 000	94 173 000	101 996 000	103 825 000
Total Assets	108 437 000	110 928 000	116 468 000	117 979 000
Total Equity	103 878 000	108 897 000	113 233 000	113 613 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	1 000	−2 000	−1 000
Unpaid Taxes	0	0	0	0
Dividends	3 000 000	12 000 000	3 000 000	4 805 000
Other Current Debt	1 557 000	25 000	2 000	40 000
Total Current Debt	4 560 000	2 032 000	3 235 000	4 365 000
Total Equity and Debt	108 437 000	110 928 000	116 468 000	117 979 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,94 %	7,04 %	2,31 %	3,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	−1 662 %
Current Ratio	19,54	46,34	31,53	23,79
Quick Ratio	19,54	46,34	31,53	23,79
Equity Ratio	0,96	0,98	0,97	0,96
Gross Profit Margin	-	-	-	100 %