SIKA NORGE AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

18,54 %

Current Ratio

1,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	456 992 000	427 036 000	433 188 000	378 021 000
Net Income	10 029 000	5 331 000	−487 000	−5 925 000
Total Assets	115 332 000	112 082 000	103 826 000	109 363 000
Total Equity	54 087 000	44 058 000	38 727 000	39 213 000

Income (NOK)	2022	2021	2020	2019
Revenue	456 992 000	427 036 000	433 188 000	378 021 000
Expenditure	443 441 000	419 936 000	433 102 000	384 852 000
Operating Profit	13 550 000	7 101 000	86 000	−6 831 000
Financial Income	46 000	94 000	48 000	71 000
Financial Costs	316 000	299 000	654 000	684 000
Financial Balance	−270 000	−205 000	−606 000	−613 000
Earnings Before Tax	13 280 000	6 897 000	−520 000	−7 443 000
Tax	3 251 000	1 565 000	−33 000	−1 518 000
Net Income	10 029 000	5 331 000	−487 000	−5 925 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 391 000	6 194 000	7 712 000	9 706 000
Total Current Assets	106 941 000	105 889 000	96 114 000	99 657 000
Total Assets	115 332 000	112 082 000	103 826 000	109 363 000
Total Retained Equity	11 187 000	1 158 000	−4 173 000	−3 687 000
Total Equity	54 087 000	44 058 000	38 727 000	39 213 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	61 246 000	68 024 000	65 099 000	70 150 000
Total Equity and Debt	115 332 000	112 082 000	103 826 000	109 363 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	456 992 000	427 036 000	433 188 000	378 021 000
Other Income	0	0	0	0
Revenue	456 992 000	427 036 000	433 188 000	378 021 000
Cost of Goods Sold	299 889 000	288 072 000	298 727 000	245 807 000
Salary Costs	58 945 000	58 886 000	55 305 000	61 946 000
Depreciation	1 039 000	1 180 000	2 350 000	2 426 000
Impairment	0	0	0	0
Expenditure	443 441 000	419 936 000	433 102 000	384 852 000
Operating Profit	13 550 000	7 101 000	86 000	−6 831 000
Financial Income	46 000	94 000	48 000	71 000
Financial Costs	316 000	299 000	654 000	684 000
Financial Balance	−270 000	−205 000	−606 000	−613 000
Dividends	0	0	0	0
Net Income	10 029 000	5 331 000	−487 000	−5 925 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	435 000	16 000	1 151 000	2 195 000
Real Eastate	4 988 000	2 960 000	2 905 000	3 088 000
Machinery and Plant Facilities	0	0	0	4 269 000
Fixtures	2 763 000	3 018 000	3 485 000	0
Total Tangible Assets	7 750 000	5 978 000	6 390 000	7 357 000
Total Fiancial Fixed Assets	206 000	200 000	170 000	154 000
Total Fixed Assets	8 391 000	6 194 000	7 712 000	9 706 000
Stock	19 912 000	19 987 000	21 051 000	20 592 000
Total Investments	0	0	0	0
Cash, Bank	5 116 000	6 048 000	6 689 000	3 008 000
Total Current Assets	106 941 000	105 889 000	96 114 000	99 657 000
Total Assets	115 332 000	112 082 000	103 826 000	109 363 000
Total Equity	54 087 000	44 058 000	38 727 000	39 213 000
Short-Term Group Debt	0	24 338 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 640 000	26 456 000	24 271 000	23 159 000
Unpaid Taxes	17 427 000	16 801 000	15 578 000	13 659 000
Dividends	0	0	0	0
Other Current Debt	23 508 000	0	25 250 000	33 332 000
Total Current Debt	61 246 000	68 024 000	65 099 000	70 150 000
Total Equity and Debt	115 332 000	112 082 000	103 826 000	109 363 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,54 %	12,1 %	−1,26 %	−15,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,97 %	1,66 %	0,02 %	−1,81 %
Current Ratio	1,75	1,56	1,48	1,42
Quick Ratio	2,59	2,2	2,18	2,01
Equity Ratio	0,47	0,39	0,37	0,36
Gross Profit Margin	34,38 %	32,54 %	31,04 %	34,98 %