SIV ING. A. KVINGEDAL AS

7263 HAMARVIK

Finances

Share Ownership

Return on Equity

0 %

Current Ratio

7,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	222 000	470 000	649 000	563 000
Net Income	0	−35 000	6 000	34 000
Total Assets	142 000	228 000	342 000	313 000
Total Equity	125 000	125 000	160 000	154 000

Income (NOK)	2022	2021	2020	2019
Revenue	222 000	470 000	649 000	563 000
Expenditure	223 000	516 000	643 000	520 000
Operating Profit	−1 000	−46 000	7 000	43 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Earnings Before Tax	0	−45 000	8 000	44 000
Tax	0	−10 000	2 000	10 000
Net Income	0	−35 000	6 000	34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	12 000	2 000	3 000
Total Current Assets	131 000	216 000	341 000	310 000
Total Assets	142 000	228 000	342 000	313 000
Total Retained Equity	101 000	101 000	136 000	130 000
Total Equity	125 000	125 000	160 000	154 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	17 000	103 000	182 000	159 000
Total Equity and Debt	142 000	228 000	342 000	313 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	222 000	470 000	649 000	563 000
Other Income	0	0	0	0
Revenue	222 000	470 000	649 000	563 000
Cost of Goods Sold	0	20 000	32 000	2 000
Salary Costs	16 000	313 000	471 000	361 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	223 000	516 000	643 000	520 000
Operating Profit	−1 000	−46 000	7 000	43 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Dividends	0	0	0	0
Net Income	0	−35 000	6 000	34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	12 000	2 000	3 000
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	0	0	0	0
Total Fixed Assets	12 000	12 000	2 000	3 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	120 000	196 000	264 000	217 000
Total Current Assets	131 000	216 000	341 000	310 000
Total Assets	142 000	228 000	342 000	313 000
Total Equity	125 000	125 000	160 000	154 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	18 000	20 000	8 000	2 000
Unpaid Taxes	−3 000	36 000	117 000	85 000
Dividends	0	0	0	0
Other Current Debt	2 000	47 000	57 000	71 000
Total Current Debt	17 000	103 000	182 000	159 000
Total Equity and Debt	142 000	228 000	342 000	313 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0 %	−28 %	3,75 %	22,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,45 %	−9,79 %	1,08 %	7,64 %
Current Ratio	7,71	2,1	1,87	1,95
Quick Ratio	7,71	2,1	1,87	1,95
Equity Ratio	0,88	0,55	0,47	0,49
Gross Profit Margin	100 %	95,74 %	95,07 %	99,64 %