SFS MANAGEMENT AS

6010 ÅLESUND

Finances

Return on Equity

12,74 %

Current Ratio

3,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 817 000	2 680 000	1 615 000	730 000
Net Income	216 000	991 000	150 000	−81 000
Total Assets	1 886 000	1 857 000	583 000	514 000
Total Equity	1 696 000	1 480 000	490 000	340 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 817 000	2 680 000	1 615 000	730 000
Expenditure	1 666 000	1 369 000	1 447 000	818 000
Operating Profit	151 000	1 311 000	168 000	−87 000
Financial Income	67 000	0	24 000	7 000
Financial Costs	1 000	13 000	0	0
Financial Balance	66 000	−13 000	24 000	7 000
Earnings Before Tax	217 000	1 298 000	192 000	−81 000
Tax	0	308 000	42 000	0
Net Income	216 000	991 000	150 000	−81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 304 000	1 037 000	13 000	80 000
Total Current Assets	583 000	820 000	569 000	434 000
Total Assets	1 886 000	1 857 000	583 000	514 000
Total Retained Equity	1 338 000	1 122 000	131 000	−19 000
Total Equity	1 696 000	1 480 000	490 000	340 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	190 000	377 000	93 000	174 000
Total Equity and Debt	1 886 000	1 857 000	583 000	514 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 817 000	2 680 000	1 615 000	730 000
Other Income	0	0	0	0
Revenue	1 817 000	2 680 000	1 615 000	730 000
Cost of Goods Sold	151 000	220 000	210 000	40 000
Salary Costs	1 189 000	821 000	780 000	319 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 666 000	1 369 000	1 447 000	818 000
Operating Profit	151 000	1 311 000	168 000	−87 000
Financial Income	67 000	0	24 000	7 000
Financial Costs	1 000	13 000	0	0
Financial Balance	66 000	−13 000	24 000	7 000
Dividends	0	0	0	0
Net Income	216 000	991 000	150 000	−81 000

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	1 304 000	1 037 000	13 000	80 000
Total Fixed Assets	1 304 000	1 037 000	13 000	80 000
Stock	0	0	0	0
Total Investments	393 000	303 000	303 000	303 000
Cash, Bank	164 000	380 000	268 000	1 000
Total Current Assets	583 000	820 000	569 000	434 000
Total Assets	1 886 000	1 857 000	583 000	514 000
Total Equity	1 696 000	1 480 000	490 000	340 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	63 000	3 000	5 000	1 000
Dividends	0	0	0	0
Other Current Debt	127 000	88 000	86 000	104 000
Total Current Debt	190 000	377 000	93 000	174 000
Total Equity and Debt	1 886 000	1 857 000	583 000	514 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,74 %	66,96 %	30,61 %	−23,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,31 %	48,92 %	10,4 %	−11,92 %
Current Ratio	3,07	2,18	6,12	2,49
Quick Ratio	3,07	2,18	6,12	2,49
Equity Ratio	0,9	0,8	0,84	0,66
Gross Profit Margin	91,69 %	91,79 %	87 %	94,52 %