SONGA CHEMICAL AS

0161 OSLO

Finances

Share Ownership

Return on Equity

44,41 %

Current Ratio

1,94

Debt-to-Equity Ratio

0,42

Key figures (USD)	2022	2021	2020	2019
Revenue	36 087 000	18 669 000	20 806 000	15 052 000
Net Income	19 863 000	3 060 000	−4 903 000	−1 530 000
Total Assets	69 983 000	71 629 000	75 494 000	87 336 000
Total Equity	44 725 000	42 862 000	41 802 000	48 205 000

Income (USD)	2022	2021	2020	2019
Revenue	36 087 000	18 669 000	20 806 000	15 052 000
Expenditure	15 377 000	14 534 000	24 316 000	14 548 000
Operating Profit	20 710 000	4 136 000	−3 509 000	504 000
Financial Income	121 000	0	16 000	107 000
Financial Costs	968 000	1 076 000	1 410 000	2 141 000
Financial Balance	−847 000	−1 076 000	−1 394 000	−2 034 000
Earnings Before Tax	19 863 000	3 060 000	−4 903 000	−1 530 000
Tax	0	0	0	0
Net Income	19 863 000	3 060 000	−4 903 000	−1 530 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	57 263 000	61 830 000	66 398 000	80 352 000
Total Current Assets	12 720 000	9 799 000	9 097 000	6 984 000
Total Assets	69 983 000	71 629 000	75 494 000	87 336 000
Total Retained Equity	23 888 000	−4 483 000	−7 543 000	−2 640 000
Total Equity	44 725 000	42 862 000	41 802 000	48 205 000
Total Long-Term Debt	18 704 000	23 399 000	28 094 000	31 289 000
Total Current Debt	6 554 000	5 369 000	5 599 000	7 842 000
Total Equity and Debt	69 983 000	71 629 000	75 494 000	87 336 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	18 669 000	20 806 000	15 052 000
Other Income	36 087 000	0	0	0
Revenue	36 087 000	18 669 000	20 806 000	15 052 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 568 000	4 568 000	5 221 000	4 473 000
Impairment	0	0	8 724 000	0
Expenditure	15 377 000	14 534 000	24 316 000	14 548 000
Operating Profit	20 710 000	4 136 000	−3 509 000	504 000
Financial Income	121 000	0	16 000	107 000
Financial Costs	968 000	1 076 000	1 410 000	2 141 000
Financial Balance	−847 000	−1 076 000	−1 394 000	−2 034 000
Dividends	0	0	0	0
Net Income	19 863 000	3 060 000	−4 903 000	−1 530 000

Balance details (USD)	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	0	0	0
Total Tangible Assets	57 263 000	61 830 000	66 398 000	80 352 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	57 263 000	61 830 000	66 398 000	80 352 000
Stock	382 000	377 000	334 000	349 000
Total Investments	0	0	0	0
Cash, Bank	5 277 000	5 006 000	5 190 000	2 964 000
Total Current Assets	12 720 000	9 799 000	9 097 000	6 984 000
Total Assets	69 983 000	71 629 000	75 494 000	87 336 000
Total Equity	44 725 000	42 862 000	41 802 000	48 205 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 704 000	23 399 000	28 094 000	31 289 000
Creditors	304 000	266 000	342 000	1 521 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 236 000	5 086 000	5 239 000	6 304 000
Total Current Debt	6 554 000	5 369 000	5 599 000	7 842 000
Total Equity and Debt	69 983 000	71 629 000	75 494 000	87 336 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,41 %	7,14 %	−11,73 %	−3,17 %
Debt-to-Equity Ratio	0,42	0,55	0,67	0,65
Operating Profit Margin	57,39 %	22,15 %	−16,87 %	3,35 %
Current Ratio	1,94	1,83	1,62	0,89
Quick Ratio	2,06	1,96	1,73	0,93
Equity Ratio	0,64	0,6	0,55	0,55
Gross Profit Margin	100 %	100 %	100 %	100 %