SIRKEL GLASS AS

0278 OSLO

Finances

Return on Equity

23,23 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	221 979 000	212 817 000	172 145 000	134 815 000
Net Income	15 102 000	26 536 000	5 829 000	3 837 000
Total Assets	107 447 000	105 007 000	103 960 000	74 425 000
Total Equity	65 020 000	49 918 000	23 382 000	17 553 000

Income (NOK)	2022	2021	2020	2019
Revenue	221 979 000	212 817 000	172 145 000	134 815 000
Expenditure	203 787 000	185 824 000	165 752 000	131 284 000
Operating Profit	12 817 000	26 993 000	6 393 000	3 531 000
Financial Income	3 478 000	1 382 000	1 719 000	1 314 000
Financial Costs	1 194 000	1 839 000	2 283 000	1 008 000
Financial Balance	2 284 000	−457 000	−564 000	306 000
Earnings Before Tax	15 102 000	26 536 000	5 829 000	3 837 000
Tax	0	0	0	0
Net Income	15 102 000	26 536 000	5 829 000	3 837 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 399 000	60 625 000	59 924 000	38 847 000
Total Current Assets	57 048 000	44 382 000	44 036 000	35 577 000
Total Assets	107 447 000	105 007 000	103 960 000	74 425 000
Total Retained Equity	60 581 000	45 480 000	18 944 000	13 115 000
Total Equity	65 020 000	49 918 000	23 382 000	17 553 000
Total Long-Term Debt	9 571 000	13 399 000	17 227 000	19 141 000
Total Current Debt	32 857 000	41 690 000	63 351 000	37 730 000
Total Equity and Debt	107 447 000	105 007 000	103 960 000	74 425 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	221 979 000	212 817 000	171 904 000	134 327 000
Other Income	0	0	241 000	488 000
Revenue	221 979 000	212 817 000	172 145 000	134 815 000
Cost of Goods Sold	76 611 000	66 128 000	57 648 000	59 886 000
Salary Costs	6 555 000	6 023 000	5 232 000	4 384 000
Depreciation	206 000	0	0	0
Impairment	0	0	0	0
Expenditure	203 787 000	185 824 000	165 752 000	131 284 000
Operating Profit	12 817 000	26 993 000	6 393 000	3 531 000
Financial Income	3 478 000	1 382 000	1 719 000	1 314 000
Financial Costs	1 194 000	1 839 000	2 283 000	1 008 000
Financial Balance	2 284 000	−457 000	−564 000	306 000
Dividends	0	0	0	0
Net Income	15 102 000	26 536 000	5 829 000	3 837 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 441 000	928 000	227 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 441 000	928 000	227 000	0
Total Fiancial Fixed Assets	48 958 000	59 697 000	59 697 000	38 847 000
Total Fixed Assets	50 399 000	60 625 000	59 924 000	38 847 000
Stock	3 772 000	8 155 000	7 284 000	2 110 000
Total Investments	0	0	0	0
Cash, Bank	10 466 000	1 993 000	1 270 000	224 000
Total Current Assets	57 048 000	44 382 000	44 036 000	35 577 000
Total Assets	107 447 000	105 007 000	103 960 000	74 425 000
Total Equity	65 020 000	49 918 000	23 382 000	17 553 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 571 000	13 399 000	17 227 000	19 141 000
Creditors	28 409 000	34 231 000	24 192 000	24 815 000
Unpaid Taxes	3 338 000	3 119 000	6 422 000	3 371 000
Dividends	0	0	0	0
Other Current Debt	1 110 000	4 340 000	842 000	1 083 000
Total Current Debt	32 857 000	41 690 000	63 351 000	37 730 000
Total Equity and Debt	107 447 000	105 007 000	103 960 000	74 425 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,23 %	53,16 %	24,93 %	21,86 %
Debt-to-Equity Ratio	0,15	0,27	0,74	1,09
Operating Profit Margin	5,77 %	12,68 %	3,71 %	2,62 %
Current Ratio	1,74	1,06	0,7	0,94
Quick Ratio	1,96	1,32	0,79	1
Equity Ratio	0,61	0,48	0,22	0,24
Gross Profit Margin	65,49 %	68,93 %	66,51 %	55,58 %