SIFT GROUP AS

9007 TROMSØ

Finances

Share Ownership

Return on Equity

−27,02 %

Current Ratio

1,3

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 443 000	2 963 000	438 000	0
Net Income	−1 446 000	−792 000	−894 000	−63 000
Total Assets	8 600 000	3 738 000	2 728 000	3 022 000
Total Equity	5 351 000	1 297 000	2 089 000	2 982 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 443 000	2 963 000	438 000	0
Expenditure	4 846 000	3 752 000	1 333 000	63 000
Operating Profit	−1 403 000	−789 000	−895 000	−63 000
Financial Income	19 000	0	1 000	0
Financial Costs	62 000	3 000	−1 000	0
Financial Balance	−43 000	−3 000	2 000	0
Earnings Before Tax	−1 446 000	−792 000	−894 000	−63 000
Tax	0	0	0	0
Net Income	−1 446 000	−792 000	−894 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 917 000	1 711 000	1 711 000	0
Total Current Assets	3 683 000	2 028 000	1 017 000	3 022 000
Total Assets	8 600 000	3 738 000	2 728 000	3 022 000
Total Retained Equity	−3 224 000	−1 778 000	−986 000	−93 000
Total Equity	5 351 000	1 297 000	2 089 000	2 982 000
Total Long-Term Debt	416 000	1 777 000	0	20 000
Total Current Debt	2 833 000	665 000	640 000	20 000
Total Equity and Debt	8 600 000	3 738 000	2 728 000	3 022 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 443 000	50 000	0	0
Other Income	0	2 913 000	438 000	0
Revenue	3 443 000	2 963 000	438 000	0
Cost of Goods Sold	171 000	90 000	224 000	0
Salary Costs	1 552 000	1 382 000	449 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 846 000	3 752 000	1 333 000	63 000
Operating Profit	−1 403 000	−789 000	−895 000	−63 000
Financial Income	19 000	0	1 000	0
Financial Costs	62 000	3 000	−1 000	0
Financial Balance	−43 000	−3 000	2 000	0
Dividends	0	0	0	0
Net Income	−1 446 000	−792 000	−894 000	−63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 917 000	1 711 000	1 711 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 917 000	1 711 000	1 711 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 917 000	1 711 000	1 711 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 745 000	987 000	928 000	2 022 000
Total Current Assets	3 683 000	2 028 000	1 017 000	3 022 000
Total Assets	8 600 000	3 738 000	2 728 000	3 022 000
Total Equity	5 351 000	1 297 000	2 089 000	2 982 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	416 000	1 777 000	0	20 000
Creditors	640 000	286 000	476 000	20 000
Unpaid Taxes	110 000	146 000	48 000	0
Dividends	0	0	0	0
Other Current Debt	2 083 000	233 000	116 000	0
Total Current Debt	2 833 000	665 000	640 000	20 000
Total Equity and Debt	8 600 000	3 738 000	2 728 000	3 022 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,02 %	−61,06 %	−42,8 %	−2,11 %
Debt-to-Equity Ratio	0,08	1,37	0	0,01
Operating Profit Margin	−40,75 %	−26,63 %	−204,34 %	-
Current Ratio	1,3	3,05	1,59	151,1
Quick Ratio	1,3	3,05	1,59	151,1
Equity Ratio	0,62	0,35	0,77	0,99
Gross Profit Margin	95,03 %	96,96 %	48,86 %	-