SUNNCOM AS

6008 ÅLESUND

Finances

Return on Equity

95,49 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 906 000	49 761 000	38 929 000	22 758 000
Net Income	12 229 000	11 582 000	7 229 000	4 746 000
Total Assets	23 769 000	31 948 000	19 737 000	13 782 000
Total Equity	12 806 000	14 577 000	9 994 000	6 765 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 906 000	49 761 000	38 929 000	22 758 000
Expenditure	29 201 000	34 932 000	29 671 000	16 668 000
Operating Profit	15 704 000	14 829 000	9 259 000	6 091 000
Financial Income	27 000	25 000	65 000	9 000
Financial Costs	48 000	2 000	46 000	13 000
Financial Balance	−21 000	23 000	19 000	−4 000
Earnings Before Tax	15 683 000	14 851 000	9 277 000	6 086 000
Tax	3 454 000	3 269 000	2 048 000	1 340 000
Net Income	12 229 000	11 582 000	7 229 000	4 746 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 069 000	1 717 000	624 000	622 000
Total Current Assets	22 700 000	30 230 000	19 113 000	13 161 000
Total Assets	23 769 000	31 948 000	19 737 000	13 782 000
Total Retained Equity	12 606 000	14 377 000	9 794 000	6 565 000
Total Equity	12 806 000	14 577 000	9 994 000	6 765 000
Total Long-Term Debt	21 000	50 000	20 000	20 000
Total Current Debt	10 942 000	17 321 000	9 723 000	6 997 000
Total Equity and Debt	23 769 000	31 948 000	19 737 000	13 782 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 898 000	49 759 000	39 245 000	26 753 000
Other Income	8 000	2 000	−316 000	−3 995 000
Revenue	44 906 000	49 761 000	38 929 000	22 758 000
Cost of Goods Sold	21 446 000	27 414 000	24 673 000	11 814 000
Salary Costs	5 306 000	5 186 000	3 564 000	3 365 000
Depreciation	304 000	237 000	143 000	27 000
Impairment	0	0	0	0
Expenditure	29 201 000	34 932 000	29 671 000	16 668 000
Operating Profit	15 704 000	14 829 000	9 259 000	6 091 000
Financial Income	27 000	25 000	65 000	9 000
Financial Costs	48 000	2 000	46 000	13 000
Financial Balance	−21 000	23 000	19 000	−4 000
Dividends	14 000 000	7 000 000	4 000 000	0
Net Income	12 229 000	11 582 000	7 229 000	4 746 000

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	1 011 000	18 000	23 000	0
Fixtures	58 000	1 699 000	601 000	622 000
Total Tangible Assets	1 069 000	1 717 000	624 000	622 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 069 000	1 717 000	624 000	622 000
Stock	2 946 000	2 158 000	3 390 000	0
Total Investments	90 000	90 000	90 000	90 000
Cash, Bank	10 035 000	24 401 000	13 738 000	7 989 000
Total Current Assets	22 700 000	30 230 000	19 113 000	13 161 000
Total Assets	23 769 000	31 948 000	19 737 000	13 782 000
Total Equity	12 806 000	14 577 000	9 994 000	6 765 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 000	50 000	20 000	20 000
Creditors	1 707 000	4 630 000	2 694 000	847 000
Unpaid Taxes	498 000	520 000	211 000	314 000
Dividends	14 000 000	7 000 000	4 000 000	0
Other Current Debt	5 254 000	8 932 000	4 770 000	4 516 000
Total Current Debt	10 942 000	17 321 000	9 723 000	6 997 000
Total Equity and Debt	23 769 000	31 948 000	19 737 000	13 782 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,49 %	79,45 %	72,33 %	70,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	34,97 %	29,8 %	23,78 %	26,76 %
Current Ratio	2,07	1,75	1,97	1,88
Quick Ratio	2,84	1,99	3,02	1,88
Equity Ratio	0,54	0,46	0,51	0,49
Gross Profit Margin	52,24 %	44,91 %	36,62 %	48,09 %