SYNFARING TEK AS

5918 FREKHAUG

Finances

Share Ownership

Return on Equity

430,71 %

Current Ratio

1,06

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 758 000	1 754 000	1 763 000	1 659 000
Net Income	547 000	243 000	77 000	222 000
Total Assets	1 929 000	640 000	787 000	607 000
Total Equity	127 000	51 000	108 000	255 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 758 000	1 754 000	1 763 000	1 659 000
Expenditure	3 052 000	1 443 000	1 663 000	1 375 000
Operating Profit	706 000	312 000	99 000	284 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	705 000	311 000	99 000	284 000
Tax	158 000	68 000	22 000	63 000
Net Income	547 000	243 000	77 000	222 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	0	0	0
Total Current Assets	1 906 000	640 000	787 000	607 000
Total Assets	1 929 000	640 000	787 000	607 000
Total Retained Equity	97 000	21 000	78 000	225 000
Total Equity	127 000	51 000	108 000	255 000
Total Long-Term Debt	1 000	0	−4 000	0
Total Current Debt	1 801 000	589 000	683 000	352 000
Total Equity and Debt	1 929 000	640 000	787 000	607 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 758 000	1 754 000	1 763 000	1 659 000
Other Income	0	0	0	0
Revenue	3 758 000	1 754 000	1 763 000	1 659 000
Cost of Goods Sold	599 000	180 000	90 000	71 000
Salary Costs	1 912 000	1 062 000	1 117 000	1 055 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 052 000	1 443 000	1 663 000	1 375 000
Operating Profit	706 000	312 000	99 000	284 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	471 000	300 000	0	0
Net Income	547 000	243 000	77 000	222 000

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	23 000	0	0	0
Total Tangible Assets	23 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	102 000	249 000	196 000	379 000
Total Current Assets	1 906 000	640 000	787 000	607 000
Total Assets	1 929 000	640 000	787 000	607 000
Total Equity	127 000	51 000	108 000	255 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	−4 000	0
Creditors	562 000	30 000	367 000	74 000
Unpaid Taxes	277 000	92 000	75 000	110 000
Dividends	471 000	300 000	0	0
Other Current Debt	188 000	104 000	215 000	105 000
Total Current Debt	1 801 000	589 000	683 000	352 000
Total Equity and Debt	1 929 000	640 000	787 000	607 000

Financial indicators	2022	2021	2020	2019
Return on Equity	430,71 %	476,47 %	71,3 %	87,06 %
Debt-to-Equity Ratio	0,01	0	−0,04	0
Operating Profit Margin	18,79 %	17,79 %	5,62 %	17,12 %
Current Ratio	1,06	1,09	1,15	1,72
Quick Ratio	1,06	1,09	1,15	1,72
Equity Ratio	0,07	0,08	0,14	0,42
Gross Profit Margin	84,06 %	89,74 %	94,9 %	95,72 %