SIQVELAND & TØNNESSEN AS

4344 BRYNE

Finances

Share Ownership

Return on Equity

25,9 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 661 000	13 990 000	11 923 000	10 646 000
Net Income	272 000	322 000	1 256 000	244 000
Total Assets	3 017 000	2 852 000	3 947 000	1 803 000
Total Equity	1 050 000	778 000	456 000	460 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 661 000	13 990 000	11 923 000	10 646 000
Expenditure	14 309 000	13 536 000	10 524 000	10 393 000
Operating Profit	352 000	455 000	1 400 000	253 000
Financial Income	4 000	1 000	2 000	0
Financial Costs	8 000	16 000	8 000	10 000
Financial Balance	−4 000	−15 000	−6 000	−10 000
Earnings Before Tax	348 000	440 000	1 394 000	244 000
Tax	76 000	118 000	138 000	0
Net Income	272 000	322 000	1 256 000	244 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	3 000	87 000	123 000
Total Current Assets	3 017 000	2 849 000	3 860 000	1 681 000
Total Assets	3 017 000	2 852 000	3 947 000	1 803 000
Total Retained Equity	615 000	343 000	21 000	25 000
Total Equity	1 050 000	778 000	456 000	460 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 967 000	2 074 000	3 491 000	1 344 000
Total Equity and Debt	3 017 000	2 852 000	3 947 000	1 803 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 661 000	13 990 000	11 811 000	10 540 000
Other Income	0	0	112 000	106 000
Revenue	14 661 000	13 990 000	11 923 000	10 646 000
Cost of Goods Sold	7 884 000	8 505 000	6 076 000	5 480 000
Salary Costs	5 290 000	4 105 000	3 453 000	3 871 000
Depreciation	3 000	39 000	40 000	113 000
Impairment	0	0	0	0
Expenditure	14 309 000	13 536 000	10 524 000	10 393 000
Operating Profit	352 000	455 000	1 400 000	253 000
Financial Income	4 000	1 000	2 000	0
Financial Costs	8 000	16 000	8 000	10 000
Financial Balance	−4 000	−15 000	−6 000	−10 000
Dividends	0	0	1 260 000	0
Net Income	272 000	322 000	1 256 000	244 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	46 000	48 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	3 000	42 000	75 000
Total Tangible Assets	0	3 000	87 000	123 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	3 000	87 000	123 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	915 000	1 452 000	1 580 000	1 232 000
Total Current Assets	3 017 000	2 849 000	3 860 000	1 681 000
Total Assets	3 017 000	2 852 000	3 947 000	1 803 000
Total Equity	1 050 000	778 000	456 000	460 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	355 000	446 000	823 000	300 000
Unpaid Taxes	678 000	691 000	649 000	448 000
Dividends	0	0	1 260 000	0
Other Current Debt	858 000	821 000	621 000	596 000
Total Current Debt	1 967 000	2 074 000	3 491 000	1 344 000
Total Equity and Debt	3 017 000	2 852 000	3 947 000	1 803 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,9 %	41,39 %	275,44 %	53,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,4 %	3,25 %	11,74 %	2,38 %
Current Ratio	1,53	1,37	1,11	1,25
Quick Ratio	1,53	1,37	1,11	1,25
Equity Ratio	0,35	0,27	0,12	0,26
Gross Profit Margin	46,22 %	39,21 %	49,04 %	48,53 %