SINEC EIENDOM AS

6017 ÅLESUND

Finances

Share Ownership

Return on Equity

0,58 %

Current Ratio

10,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	220 000	232 000	70 000	0
Net Income	59 000	109 000	1 000	−108 000
Total Assets	10 194 000	10 062 000	10 048 000	6 055 000
Total Equity	10 105 000	10 047 000	9 937 000	5 917 000

Income (NOK)	2022	2021	2020	2019
Revenue	220 000	232 000	70 000	0
Expenditure	146 000	123 000	72 000	77 000
Operating Profit	74 000	109 000	−3 000	−77 000
Financial Income	0	0	4 000	1 000
Financial Costs	0	0	0	32 000
Financial Balance	0	0	4 000	−31 000
Earnings Before Tax	74 000	109 000	1 000	−108 000
Tax	16 000	0	0	0
Net Income	59 000	109 000	1 000	−108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 276 000	9 247 000	9 186 000	547 000
Total Current Assets	918 000	815 000	862 000	5 508 000
Total Assets	10 194 000	10 062 000	10 048 000	6 055 000
Total Retained Equity	61 000	2 000	−107 000	−108 000
Total Equity	10 105 000	10 047 000	9 937 000	5 917 000
Total Long-Term Debt	3 000	0	111 000	123 000
Total Current Debt	86 000	16 000	0	15 000
Total Equity and Debt	10 194 000	10 062 000	10 048 000	6 055 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	220 000	232 000	70 000	0
Revenue	220 000	232 000	70 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	23 000	14 000	6 000	0
Impairment	0	0	0	0
Expenditure	146 000	123 000	72 000	77 000
Operating Profit	74 000	109 000	−3 000	−77 000
Financial Income	0	0	4 000	1 000
Financial Costs	0	0	0	32 000
Financial Balance	0	0	4 000	−31 000
Dividends	0	0	0	0
Net Income	59 000	109 000	1 000	−108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 500 000	8 500 000	8 500 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	119 000	90 000	29 000	0
Total Tangible Assets	8 619 000	8 590 000	8 529 000	0
Total Fiancial Fixed Assets	657 000	657 000	657 000	547 000
Total Fixed Assets	9 276 000	9 247 000	9 186 000	547 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	918 000	814 000	859 000	5 495 000
Total Current Assets	918 000	815 000	862 000	5 508 000
Total Assets	10 194 000	10 062 000	10 048 000	6 055 000
Total Equity	10 105 000	10 047 000	9 937 000	5 917 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	111 000	123 000
Creditors	37 000	0	0	15 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	36 000	16 000	0	0
Total Current Debt	86 000	16 000	0	15 000
Total Equity and Debt	10 194 000	10 062 000	10 048 000	6 055 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,58 %	1,08 %	0,01 %	−1,83 %
Debt-to-Equity Ratio	0	0	0,01	0,02
Operating Profit Margin	33,64 %	46,98 %	−4,29 %	-
Current Ratio	10,67	50,94	-	367,2
Quick Ratio	10,67	50,94	-	367,2
Equity Ratio	0,99	1	0,99	0,98
Gross Profit Margin	100 %	100 %	100 %	-