SIPANO NORGE AS

2383 BRUMUNDDAL

Finances

Share Ownership

Return on Equity

−90,71 %

Current Ratio

2,08

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 728 000	17 539 000	8 671 000	10 474 000
Net Income	−3 435 000	2 000	58 000	603 000
Total Assets	7 770 000	12 284 000	9 665 000	8 931 000
Total Equity	3 787 000	7 222 000	7 101 000	7 043 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 728 000	17 539 000	8 671 000	10 474 000
Expenditure	18 380 000	17 337 000	8 594 000	9 699 000
Operating Profit	−3 652 000	202 000	77 000	775 000
Financial Income	21 000	0	1 000	3 000
Financial Costs	29 000	11 000	2 000	4 000
Financial Balance	−8 000	−11 000	−1 000	−1 000
Earnings Before Tax	−3 659 000	191 000	76 000	774 000
Tax	−224 000	189 000	18 000	171 000
Net Income	−3 435 000	2 000	58 000	603 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	621 000	3 214 000	4 333 000	173 000
Total Current Assets	7 149 000	9 070 000	5 333 000	8 758 000
Total Assets	7 770 000	12 284 000	9 665 000	8 931 000
Total Retained Equity	2 437 000	5 872 000	5 751 000	5 693 000
Total Equity	3 787 000	7 222 000	7 101 000	7 043 000
Total Long-Term Debt	545 000	979 000	1 020 000	206 000
Total Current Debt	3 438 000	4 082 000	1 544 000	1 682 000
Total Equity and Debt	7 770 000	12 284 000	9 665 000	8 931 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 728 000	17 528 000	8 531 000	10 474 000
Other Income	0	12 000	140 000	0
Revenue	14 728 000	17 539 000	8 671 000	10 474 000
Cost of Goods Sold	9 814 000	11 125 000	5 102 000	6 221 000
Salary Costs	3 716 000	3 365 000	1 964 000	2 001 000
Depreciation	871 000	830 000	43 000	95 000
Impairment	1 995 000	0	0	0
Expenditure	18 380 000	17 337 000	8 594 000	9 699 000
Operating Profit	−3 652 000	202 000	77 000	775 000
Financial Income	21 000	0	1 000	3 000
Financial Costs	29 000	11 000	2 000	4 000
Financial Balance	−8 000	−11 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−3 435 000	2 000	58 000	603 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	2 660 000	0	0
Total Intangible Assets	137 000	2 746 000	130 000	173 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	484 000	466 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	484 000	466 000	0	0
Total Fiancial Fixed Assets	0	2 000	4 203 000	0
Total Fixed Assets	621 000	3 214 000	4 333 000	173 000
Stock	4 596 000	5 507 000	2 908 000	2 920 000
Total Investments	0	0	0	0
Cash, Bank	991 000	981 000	792 000	5 010 000
Total Current Assets	7 149 000	9 070 000	5 333 000	8 758 000
Total Assets	7 770 000	12 284 000	9 665 000	8 931 000
Total Equity	3 787 000	7 222 000	7 101 000	7 043 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	545 000	979 000	1 020 000	206 000
Creditors	1 756 000	1 837 000	289 000	387 000
Unpaid Taxes	768 000	1 075 000	402 000	439 000
Dividends	0	0	0	0
Other Current Debt	914 000	928 000	775 000	857 000
Total Current Debt	3 438 000	4 082 000	1 544 000	1 682 000
Total Equity and Debt	7 770 000	12 284 000	9 665 000	8 931 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−90,71 %	0,03 %	0,82 %	8,56 %
Debt-to-Equity Ratio	0,14	0,14	0,14	0,03
Operating Profit Margin	−24,8 %	1,15 %	0,89 %	7,4 %
Current Ratio	2,08	2,22	3,45	5,21
Quick Ratio	−6,17	−6,36	−3,91	−7,07
Equity Ratio	0,49	0,59	0,73	0,79
Gross Profit Margin	33,37 %	36,57 %	41,16 %	40,61 %