SITEX AS

0975 OSLO

Finances

Share Ownership

Return on Equity

24,81 %

Current Ratio

2,05

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 874 000	7 052 000	4 161 000	3 727 000
Net Income	560 000	765 000	417 000	514 000
Total Assets	4 429 000	3 215 000	2 065 000	1 592 000
Total Equity	2 257 000	1 697 000	932 000	515 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 874 000	7 052 000	4 161 000	3 727 000
Expenditure	9 145 000	6 069 000	3 617 000	3 059 000
Operating Profit	728 000	983 000	544 000	667 000
Financial Income	10 000	4 000	0	1 000
Financial Costs	17 000	7 000	9 000	5 000
Financial Balance	−7 000	−3 000	−9 000	−4 000
Earnings Before Tax	722 000	980 000	535 000	662 000
Tax	162 000	216 000	119 000	148 000
Net Income	560 000	765 000	417 000	514 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	456 000	213 000	275 000	308 000
Total Current Assets	3 973 000	3 002 000	1 790 000	1 284 000
Total Assets	4 429 000	3 215 000	2 065 000	1 592 000
Total Retained Equity	2 227 000	1 667 000	902 000	485 000
Total Equity	2 257 000	1 697 000	932 000	515 000
Total Long-Term Debt	234 000	106 000	139 000	164 000
Total Current Debt	1 939 000	1 412 000	994 000	913 000
Total Equity and Debt	4 429 000	3 215 000	2 065 000	1 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 810 000	7 052 000	4 158 000	3 727 000
Other Income	64 000	0	2 000	0
Revenue	9 874 000	7 052 000	4 161 000	3 727 000
Cost of Goods Sold	161 000	253 000	97 000	77 000
Salary Costs	6 138 000	4 106 000	2 695 000	2 255 000
Depreciation	182 000	62 000	58 000	30 000
Impairment	0	0	0	0
Expenditure	9 145 000	6 069 000	3 617 000	3 059 000
Operating Profit	728 000	983 000	544 000	667 000
Financial Income	10 000	4 000	0	1 000
Financial Costs	17 000	7 000	9 000	5 000
Financial Balance	−7 000	−3 000	−9 000	−4 000
Dividends	0	0	0	240 000
Net Income	560 000	765 000	417 000	514 000

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	456 000	213 000	275 000	308 000
Total Tangible Assets	456 000	213 000	275 000	308 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	456 000	213 000	275 000	308 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 068 000	613 000	476 000	690 000
Total Current Assets	3 973 000	3 002 000	1 790 000	1 284 000
Total Assets	4 429 000	3 215 000	2 065 000	1 592 000
Total Equity	2 257 000	1 697 000	932 000	515 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	234 000	106 000	139 000	164 000
Creditors	261 000	72 000	57 000	49 000
Unpaid Taxes	1 046 000	818 000	597 000	357 000
Dividends	0	0	0	240 000
Other Current Debt	466 000	305 000	226 000	173 000
Total Current Debt	1 939 000	1 412 000	994 000	913 000
Total Equity and Debt	4 429 000	3 215 000	2 065 000	1 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,81 %	45,08 %	44,74 %	99,81 %
Debt-to-Equity Ratio	0,1	0,06	0,15	0,32
Operating Profit Margin	7,37 %	13,94 %	13,07 %	17,9 %
Current Ratio	2,05	2,13	1,8	1,41
Quick Ratio	2,05	2,13	1,8	1,41
Equity Ratio	0,51	0,53	0,45	0,32
Gross Profit Margin	98,37 %	96,41 %	97,67 %	97,93 %