SINSOFT AS

1626 MANSTAD

Finances

Return on Equity

−2,56 %

Current Ratio

34,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	910 000	2 692 000	2 482 000	2 077 000
Net Income	−122 000	1 747 000	802 000	586 000
Total Assets	4 916 000	5 631 000	4 302 000	3 572 000
Total Equity	4 772 000	4 894 000	3 647 000	2 845 000

Income (NOK)	2022	2021	2020	2019
Revenue	910 000	2 692 000	2 482 000	2 077 000
Expenditure	681 000	960 000	1 549 000	1 490 000
Operating Profit	229 000	1 731 000	934 000	587 000
Financial Income	128 000	401 000	82 000	130 000
Financial Costs	415 000	0	0	2 000
Financial Balance	−287 000	401 000	82 000	128 000
Earnings Before Tax	−58 000	2 132 000	1 015 000	715 000
Tax	64 000	385 000	213 000	129 000
Net Income	−122 000	1 747 000	802 000	586 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	27 000	36 000	16 000
Total Current Assets	4 899 000	5 604 000	4 266 000	3 556 000
Total Assets	4 916 000	5 631 000	4 302 000	3 572 000
Total Retained Equity	4 742 000	4 864 000	3 617 000	2 815 000
Total Equity	4 772 000	4 894 000	3 647 000	2 845 000
Total Long-Term Debt	1 000	1 000	0	1 000
Total Current Debt	144 000	736 000	655 000	726 000
Total Equity and Debt	4 916 000	5 631 000	4 302 000	3 572 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	910 000	2 692 000	2 482 000	2 077 000
Other Income	0	0	0	0
Revenue	910 000	2 692 000	2 482 000	2 077 000
Cost of Goods Sold	0	0	0	0
Salary Costs	584 000	877 000	1 448 000	1 361 000
Depreciation	9 000	9 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	681 000	960 000	1 549 000	1 490 000
Operating Profit	229 000	1 731 000	934 000	587 000
Financial Income	128 000	401 000	82 000	130 000
Financial Costs	415 000	0	0	2 000
Financial Balance	−287 000	401 000	82 000	128 000
Dividends	0	500 000	0	0
Net Income	−122 000	1 747 000	802 000	586 000

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	18 000	27 000	36 000	16 000
Total Tangible Assets	18 000	27 000	36 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	27 000	36 000	16 000
Stock	0	0	0	0
Total Investments	4 796 000	3 971 000	1 364 000	884 000
Cash, Bank	84 000	1 330 000	2 618 000	2 308 000
Total Current Assets	4 899 000	5 604 000	4 266 000	3 556 000
Total Assets	4 916 000	5 631 000	4 302 000	3 572 000
Total Equity	4 772 000	4 894 000	3 647 000	2 845 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	1 000	0	1 000
Creditors	0	3 000	0	3 000
Unpaid Taxes	8 000	207 000	302 000	453 000
Dividends	0	500 000	0	0
Other Current Debt	72 000	142 000	139 000	142 000
Total Current Debt	144 000	736 000	655 000	726 000
Total Equity and Debt	4 916 000	5 631 000	4 302 000	3 572 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,56 %	35,7 %	21,99 %	20,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,16 %	64,3 %	37,63 %	28,26 %
Current Ratio	34,02	7,61	6,51	4,9
Quick Ratio	34,02	7,61	6,51	4,9
Equity Ratio	0,97	0,87	0,85	0,8
Gross Profit Margin	100 %	100 %	100 %	100 %