SITAS ISOLASJON AS

3917 PORSGRUNN

Finances

Share Ownership

Return on Equity

14,41 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 018 000	726 000	3 245 000	2 185 000
Net Income	50 000	−197 000	122 000	201 000
Total Assets	1 632 000	769 000	623 000	1 075 000
Total Equity	347 000	331 000	211 000	261 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 018 000	726 000	3 245 000	2 185 000
Expenditure	1 953 000	1 022 000	3 123 000	1 924 000
Operating Profit	64 000	−296 000	121 000	260 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	64 000	−296 000	122 000	261 000
Tax	14 000	−100 000	0	60 000
Net Income	50 000	−197 000	122 000	201 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	0	176 000	0
Total Current Assets	1 591 000	769 000	447 000	1 075 000
Total Assets	1 632 000	769 000	623 000	1 075 000
Total Retained Equity	0	−16 000	181 000	231 000
Total Equity	347 000	331 000	211 000	261 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 285 000	438 000	412 000	814 000
Total Equity and Debt	1 632 000	769 000	623 000	1 075 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 018 000	726 000	3 245 000	2 185 000
Other Income	0	0	0	0
Revenue	2 018 000	726 000	3 245 000	2 185 000
Cost of Goods Sold	1 269 000	530 000	2 215 000	1 172 000
Salary Costs	488 000	390 000	689 000	450 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 953 000	1 022 000	3 123 000	1 924 000
Operating Profit	64 000	−296 000	121 000	260 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	172 000	214 000
Net Income	50 000	−197 000	122 000	201 000

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	41 000	0	176 000	0
Total Fixed Assets	41 000	0	176 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	707 000	312 000	374 000	827 000
Total Current Assets	1 591 000	769 000	447 000	1 075 000
Total Assets	1 632 000	769 000	623 000	1 075 000
Total Equity	347 000	331 000	211 000	261 000
Short-Term Group Debt	1 000 000	200 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−19 000	58 000	18 000	146 000
Unpaid Taxes	44 000	81 000	47 000	42 000
Dividends	0	0	172 000	214 000
Other Current Debt	255 000	99 000	174 000	351 000
Total Current Debt	1 285 000	438 000	412 000	814 000
Total Equity and Debt	1 632 000	769 000	623 000	1 075 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,41 %	−59,52 %	57,82 %	77,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,17 %	−40,77 %	3,73 %	11,9 %
Current Ratio	1,24	1,76	1,08	1,32
Quick Ratio	1,24	1,76	1,08	1,32
Equity Ratio	0,21	0,43	0,34	0,24
Gross Profit Margin	37,12 %	27 %	31,74 %	46,36 %