SIRKEL RECORDS AS

1166 OSLO

Finances

Share Ownership

Return on Equity

−25 %

Current Ratio

0,74

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 000	5 000	0	11 000
Net Income	−7 000	−11 000	−13 000	−2 000
Total Assets	90 000	71 000	74 000	123 000
Total Equity	28 000	35 000	46 000	59 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 000	5 000	0	11 000
Expenditure	16 000	16 000	13 000	21 000
Operating Profit	−6 000	−11 000	−13 000	−10 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−7 000	−11 000	−13 000	−10 000
Tax	0	0	0	−8 000
Net Income	−7 000	−11 000	−13 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	23 000	23 000	33 000
Total Current Assets	40 000	48 000	51 000	90 000
Total Assets	90 000	71 000	74 000	123 000
Total Retained Equity	−121 000	−114 000	−103 000	−90 000
Total Equity	28 000	35 000	46 000	59 000
Total Long-Term Debt	9 000	9 000	9 000	9 000
Total Current Debt	54 000	28 000	19 000	55 000
Total Equity and Debt	90 000	71 000	74 000	123 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 000	5 000	0	11 000
Other Income	0	0	0	0
Revenue	9 000	5 000	0	11 000
Cost of Goods Sold	0	6 000	0	0
Salary Costs	0	0	0	0
Depreciation	10 000	8 000	10 000	11 000
Impairment	0	0	0	0
Expenditure	16 000	16 000	13 000	21 000
Operating Profit	−6 000	−11 000	−13 000	−10 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−7 000	−11 000	−13 000	−2 000

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	50 000	23 000	23 000	33 000
Total Tangible Assets	50 000	23 000	23 000	33 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	23 000	23 000	33 000
Stock	21 000	21 000	27 000	27 000
Total Investments	0	0	0	0
Cash, Bank	17 000	27 000	23 000	25 000
Total Current Assets	40 000	48 000	51 000	90 000
Total Assets	90 000	71 000	74 000	123 000
Total Equity	28 000	35 000	46 000	59 000
Short-Term Group Debt	49 000	19 000	19 000	55 000
Total Long-Term Debt	9 000	9 000	9 000	9 000
Creditors	0	0	0	0
Unpaid Taxes	1 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	9 000	0	0
Total Current Debt	54 000	28 000	19 000	55 000
Total Equity and Debt	90 000	71 000	74 000	123 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25 %	−31,43 %	−28,26 %	−3,39 %
Debt-to-Equity Ratio	0,32	0,26	0,2	0,15
Operating Profit Margin	−66,67 %	−220 %	-	−90,91 %
Current Ratio	0,74	1,71	2,68	1,64
Quick Ratio	1,21	6,86	−6,38	3,21
Equity Ratio	0,31	0,49	0,62	0,48
Gross Profit Margin	100 %	−20 %	-	100 %