SIRECO

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

−2 150 %

Current Ratio

1,05

Debt-to-Equity Ratio

26,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 000	3 000	593 000	1 407 000
Net Income	−129 000	−228 000	−72 000	331 000
Total Assets	207 000	305 000	533 000	919 000
Total Equity	6 000	135 000	363 000	435 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 000	3 000	593 000	1 407 000
Expenditure	175 000	231 000	665 000	1 021 000
Operating Profit	−145 000	−228 000	−72 000	387 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−144 000	−228 000	−72 000	387 000
Tax	−15 000	0	0	56 000
Net Income	−129 000	−228 000	−72 000	331 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	163 000	233 000	203 000	196 000
Total Current Assets	44 000	72 000	330 000	723 000
Total Assets	207 000	305 000	533 000	919 000
Total Retained Equity	6 000	135 000	363 000	435 000
Total Equity	6 000	135 000	363 000	435 000
Total Long-Term Debt	160 000	112 000	107 000	5 000
Total Current Debt	42 000	58 000	63 000	479 000
Total Equity and Debt	207 000	305 000	533 000	919 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 000	3 000	593 000	1 407 000
Other Income	11 000	0	0	0
Revenue	32 000	3 000	593 000	1 407 000
Cost of Goods Sold	0	3 000	1 000	2 000
Salary Costs	−5 000	0	445 000	736 000
Depreciation	41 000	58 000	61 000	51 000
Impairment	0	0	0	0
Expenditure	175 000	231 000	665 000	1 021 000
Operating Profit	−145 000	−228 000	−72 000	387 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−129 000	−228 000	−72 000	331 000

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	163 000	233 000	203 000	186 000
Fixtures	0	0	0	11 000
Total Tangible Assets	163 000	233 000	203 000	196 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	163 000	233 000	203 000	196 000
Stock	0	1 000	1 000	1 000
Total Investments	0	0	0	0
Cash, Bank	31 000	71 000	328 000	722 000
Total Current Assets	44 000	72 000	330 000	723 000
Total Assets	207 000	305 000	533 000	919 000
Total Equity	6 000	135 000	363 000	435 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	160 000	112 000	107 000	5 000
Creditors	11 000	6 000	6 000	13 000
Unpaid Taxes	−5 000	12 000	33 000	354 000
Dividends	0	0	0	0
Other Current Debt	36 000	24 000	24 000	56 000
Total Current Debt	42 000	58 000	63 000	479 000
Total Equity and Debt	207 000	305 000	533 000	919 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2 150 %	−168,89 %	−19,83 %	76,09 %
Debt-to-Equity Ratio	26,67	0,83	0,29	0,01
Operating Profit Margin	−453,13 %	−7 600 %	−12,14 %	27,51 %
Current Ratio	1,05	1,24	5,24	1,51
Quick Ratio	1,05	1,26	5,32	1,51
Equity Ratio	0,03	0,44	0,68	0,47
Gross Profit Margin	100 %	0 %	99,83 %	99,86 %