SJØTEKNOLOGEN AS

5099 BERGEN

Finances

Share Ownership

Return on Equity

31,16 %

Current Ratio

4,66

Debt-to-Equity Ratio

−0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 014 000	782 000	306 000	1 499 000
Net Income	316 000	310 000	−419 000	−269 000
Total Assets	1 246 000	1 236 000	1 154 000	1 504 000
Total Equity	1 014 000	951 000	977 000	1 396 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 014 000	782 000	306 000	1 499 000
Expenditure	644 000	509 000	724 000	1 757 000
Operating Profit	370 000	273 000	−418 000	−257 000
Financial Income	1 000	0	1 000	3 000
Financial Costs	7 000	2 000	2 000	15 000
Financial Balance	−6 000	−2 000	−1 000	−12 000
Earnings Before Tax	364 000	272 000	−419 000	−269 000
Tax	48 000	−38 000	0	0
Net Income	316 000	310 000	−419 000	−269 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	120 000	342 000	629 000
Total Current Assets	1 203 000	1 116 000	812 000	876 000
Total Assets	1 246 000	1 236 000	1 154 000	1 504 000
Total Retained Equity	997 000	934 000	960 000	1 379 000
Total Equity	1 014 000	951 000	977 000	1 396 000
Total Long-Term Debt	−26 000	−26 000	1 000	1 000
Total Current Debt	258 000	311 000	177 000	108 000
Total Equity and Debt	1 246 000	1 236 000	1 154 000	1 504 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	904 000	629 000	306 000	1 499 000
Other Income	110 000	152 000	0	0
Revenue	1 014 000	782 000	306 000	1 499 000
Cost of Goods Sold	139 000	88 000	108 000	344 000
Salary Costs	6 000	−14 000	104 000	630 000
Depreciation	26 000	44 000	77 000	102 000
Impairment	0	0	97 000	0
Expenditure	644 000	509 000	724 000	1 757 000
Operating Profit	370 000	273 000	−418 000	−257 000
Financial Income	1 000	0	1 000	3 000
Financial Costs	7 000	2 000	2 000	15 000
Financial Balance	−6 000	−2 000	−1 000	−12 000
Dividends	0	0	0	0
Net Income	316 000	310 000	−419 000	−269 000

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	43 000	60 000	342 000	629 000
Total Tangible Assets	43 000	120 000	342 000	629 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 000	120 000	342 000	629 000
Stock	200 000	200 000	0	0
Total Investments	0	0	0	0
Cash, Bank	732 000	432 000	403 000	484 000
Total Current Assets	1 203 000	1 116 000	812 000	876 000
Total Assets	1 246 000	1 236 000	1 154 000	1 504 000
Total Equity	1 014 000	951 000	977 000	1 396 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−26 000	−26 000	1 000	1 000
Creditors	131 000	138 000	13 000	0
Unpaid Taxes	1 000	65 000	17 000	72 000
Dividends	0	0	0	0
Other Current Debt	−178 000	92 000	133 000	35 000
Total Current Debt	258 000	311 000	177 000	108 000
Total Equity and Debt	1 246 000	1 236 000	1 154 000	1 504 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,16 %	32,6 %	−42,89 %	−19,27 %
Debt-to-Equity Ratio	−0,03	−0,03	0	0
Operating Profit Margin	36,49 %	34,91 %	−136,6 %	−17,14 %
Current Ratio	4,66	3,59	4,59	8,11
Quick Ratio	20,74	10,05	4,59	8,11
Equity Ratio	0,81	0,77	0,85	0,93
Gross Profit Margin	86,29 %	88,75 %	64,71 %	77,05 %