SULT 29 AS

0350 OSLO

Finances

Share Ownership

Return on Equity

105,75 %

Current Ratio

0,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 728 000	13 568 000	11 750 000	11 242 000
Net Income	92 000	109 000	−283 000	−383 000
Total Assets	8 402 000	5 383 000	3 817 000	3 839 000
Total Equity	87 000	−512 000	−621 000	−339 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 728 000	13 568 000	11 750 000	11 242 000
Expenditure	18 309 000	13 381 000	11 959 000	11 839 000
Operating Profit	420 000	188 000	−209 000	−383 000
Financial Income	0	0	0	0
Financial Costs	261 000	26 000	73 000	0
Financial Balance	−261 000	−26 000	−73 000	0
Earnings Before Tax	159 000	162 000	−283 000	−383 000
Tax	67 000	53 000	0	0
Net Income	92 000	109 000	−283 000	−383 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 154 000	772 000	989 000	1 013 000
Total Current Assets	7 248 000	4 610 000	2 827 000	2 827 000
Total Assets	8 402 000	5 383 000	3 817 000	3 839 000
Total Retained Equity	37 000	−562 000	−671 000	−389 000
Total Equity	87 000	−512 000	−621 000	−339 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 315 000	5 895 000	4 438 000	4 178 000
Total Equity and Debt	8 402 000	5 383 000	3 817 000	3 839 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 419 000	12 672 000	11 039 000	11 190 000
Other Income	309 000	896 000	711 000	51 000
Revenue	18 728 000	13 568 000	11 750 000	11 242 000
Cost of Goods Sold	6 773 000	4 489 000	4 010 000	3 081 000
Salary Costs	6 904 000	5 010 000	4 508 000	6 404 000
Depreciation	181 000	233 000	114 000	61 000
Impairment	0	0	0	0
Expenditure	18 309 000	13 381 000	11 959 000	11 839 000
Operating Profit	420 000	188 000	−209 000	−383 000
Financial Income	0	0	0	0
Financial Costs	261 000	26 000	73 000	0
Financial Balance	−261 000	−26 000	−73 000	0
Dividends	0	0	0	0
Net Income	92 000	109 000	−283 000	−383 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	393 000	432 000	550 000	550 000
Total Intangible Assets	393 000	432 000	550 000	550 000
Real Eastate	168 000	0	0	0
Machinery and Plant Facilities	25 000	0	0	0
Fixtures	380 000	340 000	439 000	463 000
Total Tangible Assets	573 000	340 000	439 000	463 000
Total Fiancial Fixed Assets	188 000	0	0	0
Total Fixed Assets	1 154 000	772 000	989 000	1 013 000
Stock	2 574 000	2 270 000	1 595 000	1 440 000
Total Investments	0	0	0	0
Cash, Bank	286 000	4 000	156 000	192 000
Total Current Assets	7 248 000	4 610 000	2 827 000	2 827 000
Total Assets	8 402 000	5 383 000	3 817 000	3 839 000
Total Equity	87 000	−512 000	−621 000	−339 000
Short-Term Group Debt	2 887 000	1 024 000	1 233 000	2 915 000
Total Long-Term Debt	0	0	0	0
Creditors	2 824 000	2 145 000	987 000	279 000
Unpaid Taxes	895 000	1 961 000	1 690 000	586 000
Dividends	0	0	0	0
Other Current Debt	1 499 000	712 000	528 000	398 000
Total Current Debt	8 315 000	5 895 000	4 438 000	4 178 000
Total Equity and Debt	8 402 000	5 383 000	3 817 000	3 839 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,75 %	−21,29 %	45,57 %	112,98 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	2,24 %	1,39 %	−1,78 %	−3,41 %
Current Ratio	0,87	0,78	0,64	0,68
Quick Ratio	1,26	1,27	0,99	1,03
Equity Ratio	0,01	−0,1	−0,16	−0,09
Gross Profit Margin	63,83 %	66,91 %	65,87 %	72,59 %