SIGURD MASTER FRANCHISE AS

1392 VETTRE

Finances

Return on Equity

18,75 %

Current Ratio

1,46

Debt-to-Equity Ratio

1,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	876 000	829 000	819 000	639 000
Net Income	12 000	11 000	3 000	−46 000
Total Assets	364 000	753 000	807 000	889 000
Total Equity	64 000	51 000	41 000	38 000

Income (NOK)	2022	2021	2020	2019
Revenue	876 000	829 000	819 000	639 000
Expenditure	848 000	812 000	805 000	688 000
Operating Profit	29 000	17 000	13 000	−49 000
Financial Income	0	0	0	0
Financial Costs	11 000	18 000	11 000	11 000
Financial Balance	−11 000	−18 000	−11 000	−11 000
Earnings Before Tax	18 000	−1 000	3 000	−60 000
Tax	5 000	−12 000	0	−14 000
Net Income	12 000	11 000	3 000	−46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	263 000	394 000	545 000
Total Current Assets	337 000	490 000	413 000	344 000
Total Assets	364 000	753 000	807 000	889 000
Total Retained Equity	34 000	21 000	11 000	8 000
Total Equity	64 000	51 000	41 000	38 000
Total Long-Term Debt	69 000	473 000	533 000	460 000
Total Current Debt	231 000	229 000	233 000	391 000
Total Equity and Debt	364 000	753 000	807 000	889 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	932 000	904 000	647 000	639 000
Other Income	−56 000	−75 000	172 000	0
Revenue	876 000	829 000	819 000	639 000
Cost of Goods Sold	0	0	0	0
Salary Costs	552 000	490 000	565 000	423 000
Depreciation	82 000	151 000	151 000	136 000
Impairment	0	0	0	0
Expenditure	848 000	812 000	805 000	688 000
Operating Profit	29 000	17 000	13 000	−49 000
Financial Income	0	0	0	0
Financial Costs	11 000	18 000	11 000	11 000
Financial Balance	−11 000	−18 000	−11 000	−11 000
Dividends	0	0	0	0
Net Income	12 000	11 000	3 000	−46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	20 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	243 000	394 000	545 000
Total Tangible Assets	0	243 000	394 000	545 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 000	263 000	394 000	545 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 000	35 000	81 000	184 000
Total Current Assets	337 000	490 000	413 000	344 000
Total Assets	364 000	753 000	807 000	889 000
Total Equity	64 000	51 000	41 000	38 000
Short-Term Group Debt	0	0	49 000	0
Total Long-Term Debt	69 000	473 000	533 000	460 000
Creditors	0	0	0	0
Unpaid Taxes	87 000	112 000	162 000	248 000
Dividends	0	0	0	0
Other Current Debt	132 000	108 000	22 000	143 000
Total Current Debt	231 000	229 000	233 000	391 000
Total Equity and Debt	364 000	753 000	807 000	889 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,75 %	21,57 %	7,32 %	−121,05 %
Debt-to-Equity Ratio	1,08	9,27	13	12,11
Operating Profit Margin	3,31 %	2,05 %	1,59 %	−7,67 %
Current Ratio	1,46	2,14	1,77	0,88
Quick Ratio	1,46	2,14	1,77	0,88
Equity Ratio	0,18	0,07	0,05	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %