SIGLAR DEVELOPMENT AS

3960 STATHELLE

Finances

Return on Equity

37,64 %

Current Ratio

1,86

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 358 000	355 000	249 000	295 000
Net Income	364 000	140 000	79 000	62 000
Total Assets	2 813 000	825 000	646 000	642 000
Total Equity	967 000	637 000	498 000	439 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 358 000	355 000	249 000	295 000
Expenditure	1 791 000	104 000	95 000	136 000
Operating Profit	567 000	251 000	154 000	158 000
Financial Income	15 000	13 000	0	0
Financial Costs	89 000	87 000	41 000	63 000
Financial Balance	−74 000	−74 000	−41 000	−63 000
Earnings Before Tax	492 000	176 000	113 000	96 000
Tax	128 000	37 000	34 000	34 000
Net Income	364 000	140 000	79 000	62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	586 000	96 000	145 000	145 000
Total Current Assets	2 227 000	729 000	501 000	497 000
Total Assets	2 813 000	825 000	646 000	642 000
Total Retained Equity	937 000	607 000	468 000	409 000
Total Equity	967 000	637 000	498 000	439 000
Total Long-Term Debt	650 000	0	0	0
Total Current Debt	1 197 000	188 000	148 000	203 000
Total Equity and Debt	2 813 000	825 000	646 000	642 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 357 000	355 000	249 000	295 000
Other Income	1 000	0	0	0
Revenue	2 358 000	355 000	249 000	295 000
Cost of Goods Sold	118 000	9 000	9 000	41 000
Salary Costs	1 306 000	0	1 000	0
Depreciation	30 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 791 000	104 000	95 000	136 000
Operating Profit	567 000	251 000	154 000	158 000
Financial Income	15 000	13 000	0	0
Financial Costs	89 000	87 000	41 000	63 000
Financial Balance	−74 000	−74 000	−41 000	−63 000
Dividends	35 000	0	20 000	20 000
Net Income	364 000	140 000	79 000	62 000

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	570 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	570 000	0	0	0
Total Fiancial Fixed Assets	16 000	96 000	145 000	145 000
Total Fixed Assets	586 000	96 000	145 000	145 000
Stock	0	0	0	0
Total Investments	0	0	114 000	275 000
Cash, Bank	433 000	168 000	180 000	16 000
Total Current Assets	2 227 000	729 000	501 000	497 000
Total Assets	2 813 000	825 000	646 000	642 000
Total Equity	967 000	637 000	498 000	439 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	650 000	0	0	0
Creditors	15 000	6 000	4 000	39 000
Unpaid Taxes	656 000	77 000	50 000	48 000
Dividends	35 000	0	20 000	20 000
Other Current Debt	383 000	68 000	40 000	62 000
Total Current Debt	1 197 000	188 000	148 000	203 000
Total Equity and Debt	2 813 000	825 000	646 000	642 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,64 %	21,98 %	15,86 %	14,12 %
Debt-to-Equity Ratio	0,67	0	0	0
Operating Profit Margin	24,05 %	70,7 %	61,85 %	53,56 %
Current Ratio	1,86	3,88	3,39	2,45
Quick Ratio	1,86	3,88	3,39	2,45
Equity Ratio	0,34	0,77	0,77	0,68
Gross Profit Margin	95 %	97,46 %	96,39 %	86,1 %