T. SIVERTSEN AS

8352 SENNESVIK

Finances

Share Ownership

Return on Equity

11,54 %

Current Ratio

2,23

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 442 000	3 967 000	4 204 000	4 725 000
Net Income	1 290 000	656 000	−335 000	876 000
Total Assets	17 774 000	16 655 000	16 451 000	16 894 000
Total Equity	11 175 000	9 885 000	9 229 000	9 564 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 442 000	3 967 000	4 204 000	4 725 000
Expenditure	4 648 000	3 007 000	4 506 000	3 431 000
Operating Profit	1 795 000	960 000	−301 000	1 293 000
Financial Income	10 000	10 000	11 000	12 000
Financial Costs	149 000	129 000	140 000	181 000
Financial Balance	−139 000	−119 000	−129 000	−169 000
Earnings Before Tax	1 656 000	841 000	−430 000	1 124 000
Tax	366 000	185 000	−94 000	248 000
Net Income	1 290 000	656 000	−335 000	876 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 972 000	14 942 000	14 867 000	15 182 000
Total Current Assets	2 802 000	1 713 000	1 584 000	1 713 000
Total Assets	17 774 000	16 655 000	16 451 000	16 894 000
Total Retained Equity	10 661 000	9 371 000	8 715 000	9 051 000
Total Equity	11 175 000	9 885 000	9 229 000	9 564 000
Total Long-Term Debt	5 345 000	5 986 000	6 652 000	6 168 000
Total Current Debt	1 255 000	784 000	570 000	1 162 000
Total Equity and Debt	17 774 000	16 655 000	16 451 000	16 894 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 308 000	3 881 000	4 184 000	4 684 000
Other Income	134 000	86 000	21 000	41 000
Revenue	6 442 000	3 967 000	4 204 000	4 725 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 746 000	1 832 000	1 902 000	2 063 000
Depreciation	359 000	318 000	315 000	317 000
Impairment	0	0	0	0
Expenditure	4 648 000	3 007 000	4 506 000	3 431 000
Operating Profit	1 795 000	960 000	−301 000	1 293 000
Financial Income	10 000	10 000	11 000	12 000
Financial Costs	149 000	129 000	140 000	181 000
Financial Balance	−139 000	−119 000	−129 000	−169 000
Dividends	0	0	0	0
Net Income	1 290 000	656 000	−335 000	876 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 758 000	10 843 000	10 928 000	11 013 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	922 000	674 000	381 000	478 000
Total Tangible Assets	4 194 000	4 079 000	3 919 000	4 149 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	14 972 000	14 942 000	14 867 000	15 182 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 457 000	1 602 000	1 491 000	1 601 000
Total Current Assets	2 802 000	1 713 000	1 584 000	1 713 000
Total Assets	17 774 000	16 655 000	16 451 000	16 894 000
Total Equity	11 175 000	9 885 000	9 229 000	9 564 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 345 000	5 986 000	6 652 000	6 168 000
Creditors	92 000	94 000	31 000	14 000
Unpaid Taxes	662 000	362 000	435 000	530 000
Dividends	0	0	0	0
Other Current Debt	46 000	30 000	41 000	178 000
Total Current Debt	1 255 000	784 000	570 000	1 162 000
Total Equity and Debt	17 774 000	16 655 000	16 451 000	16 894 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,54 %	6,64 %	−3,63 %	9,16 %
Debt-to-Equity Ratio	0,48	0,61	0,72	0,64
Operating Profit Margin	27,86 %	24,2 %	−7,16 %	27,37 %
Current Ratio	2,23	2,18	2,78	1,47
Quick Ratio	2,23	2,18	2,78	1,47
Equity Ratio	0,63	0,59	0,56	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %