SYDSÆTHER REGNSKAP AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

27,56 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 630 000	1 246 000	964 000	444 000
Net Income	43 000	110 000	13 000	9 000
Total Assets	355 000	379 000	185 000	166 000
Total Equity	156 000	113 000	110 000	97 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 630 000	1 246 000	964 000	444 000
Expenditure	1 575 000	1 106 000	946 000	434 000
Operating Profit	55 000	140 000	17 000	9 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	55 000	140 000	17 000	9 000
Tax	12 000	29 000	4 000	0
Net Income	43 000	110 000	13 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	7 000	22 000
Total Current Assets	355 000	379 000	178 000	145 000
Total Assets	355 000	379 000	185 000	166 000
Total Retained Equity	56 000	13 000	10 000	−3 000
Total Equity	156 000	113 000	110 000	97 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	198 000	266 000	75 000	69 000
Total Equity and Debt	355 000	379 000	185 000	166 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 630 000	1 246 000	964 000	444 000
Other Income	0	0	0	0
Revenue	1 630 000	1 246 000	964 000	444 000
Cost of Goods Sold	26 000	1 000	0	0
Salary Costs	1 441 000	970 000	818 000	359 000
Depreciation	0	7 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	1 575 000	1 106 000	946 000	434 000
Operating Profit	55 000	140 000	17 000	9 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	43 000	110 000	13 000	9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	7 000	22 000
Total Tangible Assets	0	0	7 000	22 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	7 000	22 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	54 000	54 000	76 000	69 000
Total Current Assets	355 000	379 000	178 000	145 000
Total Assets	355 000	379 000	185 000	166 000
Total Equity	156 000	113 000	110 000	97 000
Short-Term Group Debt	0	109 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−2 000	−1 000	−2 000	−1 000
Unpaid Taxes	141 000	131 000	73 000	41 000
Dividends	0	0	0	0
Other Current Debt	47 000	0	0	29 000
Total Current Debt	198 000	266 000	75 000	69 000
Total Equity and Debt	355 000	379 000	185 000	166 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,56 %	97,35 %	11,82 %	9,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,37 %	11,24 %	1,76 %	2,03 %
Current Ratio	1,79	1,42	2,37	2,1
Quick Ratio	1,79	1,42	2,37	2,1
Equity Ratio	0,44	0,3	0,59	0,58
Gross Profit Margin	98,4 %	99,92 %	100 %	100 %