SIGURD NØRSTRUD AS

3850 KVITESEID

Finances

Return on Equity

10,21 %

Current Ratio

1,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	143 000	127 000	154 000	142 000
Net Income	99 000	117 000	162 000	143 000
Total Assets	1 650 000	1 463 000	1 146 000	1 175 000
Total Equity	970 000	871 000	754 000	592 000

Income (NOK)	2022	2021	2020	2019
Revenue	143 000	127 000	154 000	142 000
Expenditure	147 000	105 000	102 000	108 000
Operating Profit	−4 000	22 000	51 000	33 000
Financial Income	106 000	106 000	124 000	124 000
Financial Costs	0	0	2 000	6 000
Financial Balance	106 000	106 000	122 000	118 000
Earnings Before Tax	102 000	127 000	174 000	152 000
Tax	2 000	10 000	12 000	9 000
Net Income	99 000	117 000	162 000	143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	441 000	460 000	479 000	541 000
Total Current Assets	1 209 000	1 003 000	667 000	634 000
Total Assets	1 650 000	1 463 000	1 146 000	1 175 000
Total Retained Equity	720 000	621 000	504 000	342 000
Total Equity	970 000	871 000	754 000	592 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	679 000	591 000	391 000	583 000
Total Equity and Debt	1 650 000	1 463 000	1 146 000	1 175 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	143 000	127 000	154 000	142 000
Revenue	143 000	127 000	154 000	142 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	19 000	19 000	19 000	31 000
Impairment	0	0	0	0
Expenditure	147 000	105 000	102 000	108 000
Operating Profit	−4 000	22 000	51 000	33 000
Financial Income	106 000	106 000	124 000	124 000
Financial Costs	0	0	2 000	6 000
Financial Balance	106 000	106 000	122 000	118 000
Dividends	0	0	0	0
Net Income	99 000	117 000	162 000	143 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	379 000	398 000	417 000	437 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	43 000
Total Tangible Assets	379 000	398 000	417 000	480 000
Total Fiancial Fixed Assets	62 000	62 000	62 000	61 000
Total Fixed Assets	441 000	460 000	479 000	541 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 007 000	776 000	283 000	287 000
Total Current Assets	1 209 000	1 003 000	667 000	634 000
Total Assets	1 650 000	1 463 000	1 146 000	1 175 000
Total Equity	970 000	871 000	754 000	592 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	4 000	17 000	6 000
Unpaid Taxes	−1 000	9 000	12 000	8 000
Dividends	0	0	0	0
Other Current Debt	669 000	568 000	351 000	559 000
Total Current Debt	679 000	591 000	391 000	583 000
Total Equity and Debt	1 650 000	1 463 000	1 146 000	1 175 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,21 %	13,43 %	21,49 %	24,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,8 %	17,32 %	33,12 %	23,24 %
Current Ratio	1,78	1,7	1,71	1,09
Quick Ratio	1,78	1,7	1,71	1,09
Equity Ratio	0,59	0,6	0,66	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %