SITTING SCANDINAVIA AS

3036 DRAMMEN

Finances

Share Ownership

Return on Equity

121,71 %

Current Ratio

2,08

Debt-to-Equity Ratio

8,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 748 000	4 474 000	3 220 000	16 671 000
Net Income	185 000	−475 000	−2 336 000	2 312 000
Total Assets	2 890 000	2 777 000	3 922 000	13 444 000
Total Equity	152 000	−32 000	443 000	884 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 748 000	4 474 000	3 220 000	16 671 000
Expenditure	4 555 000	4 941 000	5 467 000	14 323 000
Operating Profit	193 000	−467 000	−2 247 000	2 348 000
Financial Income	25 000	8 000	31 000	3 000
Financial Costs	34 000	15 000	119 000	40 000
Financial Balance	−9 000	−7 000	−88 000	−37 000
Earnings Before Tax	185 000	−475 000	−2 336 000	2 312 000
Tax	0	0	0	0
Net Income	185 000	−475 000	−2 336 000	2 312 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 890 000	2 777 000	3 922 000	13 444 000
Total Assets	2 890 000	2 777 000	3 922 000	13 444 000
Total Retained Equity	−8 859 000	−9 043 000	−8 568 000	−8 128 000
Total Equity	152 000	−32 000	443 000	884 000
Total Long-Term Debt	1 350 000	1 750 000	1 900 000	0
Total Current Debt	1 387 000	1 059 000	1 579 000	12 560 000
Total Equity and Debt	2 890 000	2 777 000	3 922 000	13 444 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 749 000	4 444 000	3 168 000	16 644 000
Other Income	−1 000	30 000	53 000	27 000
Revenue	4 748 000	4 474 000	3 220 000	16 671 000
Cost of Goods Sold	2 688 000	3 082 000	2 580 000	10 633 000
Salary Costs	1 281 000	1 255 000	1 904 000	2 076 000
Depreciation	0	0	0	6 000
Impairment	0	0	0	0
Expenditure	4 555 000	4 941 000	5 467 000	14 323 000
Operating Profit	193 000	−467 000	−2 247 000	2 348 000
Financial Income	25 000	8 000	31 000	3 000
Financial Costs	34 000	15 000	119 000	40 000
Financial Balance	−9 000	−7 000	−88 000	−37 000
Dividends	0	0	0	0
Net Income	185 000	−475 000	−2 336 000	2 312 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	756 000	570 000	771 000	776 000
Total Investments	0	0	0	0
Cash, Bank	808 000	1 595 000	2 308 000	11 462 000
Total Current Assets	2 890 000	2 777 000	3 922 000	13 444 000
Total Assets	2 890 000	2 777 000	3 922 000	13 444 000
Total Equity	152 000	−32 000	443 000	884 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 350 000	1 750 000	1 900 000	0
Creditors	366 000	193 000	785 000	4 289 000
Unpaid Taxes	248 000	330 000	102 000	1 477 000
Dividends	0	0	0	0
Other Current Debt	773 000	536 000	693 000	6 794 000
Total Current Debt	1 387 000	1 059 000	1 579 000	12 560 000
Total Equity and Debt	2 890 000	2 777 000	3 922 000	13 444 000

Financial indicators	2022	2021	2020	2019
Return on Equity	121,71 %	1 484,38 %	−527,31 %	261,54 %
Debt-to-Equity Ratio	8,88	−54,69	4,29	0
Operating Profit Margin	4,06 %	−10,44 %	−69,78 %	14,08 %
Current Ratio	2,08	2,62	2,48	1,07
Quick Ratio	4,58	5,68	4,85	1,14
Equity Ratio	0,05	−0,01	0,11	0,07
Gross Profit Margin	43,39 %	31,11 %	19,88 %	36,22 %