SIERO AS

7080 HEIMDAL

Finances

Share Ownership

Return on Equity

54,5 %

Current Ratio

1,26

Debt-to-Equity Ratio

1,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	63 645 000	48 993 000	19 077 000	65 000
Net Income	1 096 000	2 012 000	849 000	9 000
Total Assets	27 360 000	20 968 000	6 858 000	139 000
Total Equity	2 011 000	2 515 000	1 353 000	34 000

Income (NOK)	2022	2021	2020	2019
Revenue	63 645 000	48 993 000	19 077 000	65 000
Expenditure	62 013 000	46 283 000	17 957 000	55 000
Operating Profit	1 632 000	2 711 000	1 120 000	10 000
Financial Income	1 000	0	1 000	0
Financial Costs	216 000	121 000	33 000	0
Financial Balance	−215 000	−121 000	−32 000	0
Earnings Before Tax	1 417 000	2 590 000	1 088 000	10 000
Tax	321 000	577 000	239 000	1 000
Net Income	1 096 000	2 012 000	849 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	275 000	412 000	121 000	69 000
Total Current Assets	27 085 000	20 556 000	6 737 000	69 000
Total Assets	27 360 000	20 968 000	6 858 000	139 000
Total Retained Equity	1 961 000	2 465 000	853 000	4 000
Total Equity	2 011 000	2 515 000	1 353 000	34 000
Total Long-Term Debt	3 917 000	4 521 000	449 000	1 000
Total Current Debt	21 433 000	13 932 000	5 057 000	104 000
Total Equity and Debt	27 360 000	20 968 000	6 858 000	139 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	63 645 000	48 993 000	18 915 000	51 000
Other Income	0	0	162 000	14 000
Revenue	63 645 000	48 993 000	19 077 000	65 000
Cost of Goods Sold	51 015 000	36 506 000	13 327 000	0
Salary Costs	8 315 000	7 565 000	3 381 000	0
Depreciation	137 000	103 000	16 000	5 000
Impairment	0	0	0	0
Expenditure	62 013 000	46 283 000	17 957 000	55 000
Operating Profit	1 632 000	2 711 000	1 120 000	10 000
Financial Income	1 000	0	1 000	0
Financial Costs	216 000	121 000	33 000	0
Financial Balance	−215 000	−121 000	−32 000	0
Dividends	1 600 000	400 000	0	0
Net Income	1 096 000	2 012 000	849 000	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	275 000	412 000	77 000	25 000
Total Tangible Assets	275 000	412 000	77 000	25 000
Total Fiancial Fixed Assets	0	0	44 000	44 000
Total Fixed Assets	275 000	412 000	121 000	69 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 216 000	8 133 000	2 551 000	2 000
Total Current Assets	27 085 000	20 556 000	6 737 000	69 000
Total Assets	27 360 000	20 968 000	6 858 000	139 000
Total Equity	2 011 000	2 515 000	1 353 000	34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 917 000	4 521 000	449 000	1 000
Creditors	16 133 000	11 049 000	3 504 000	6 000
Unpaid Taxes	1 550 000	656 000	555 000	0
Dividends	1 600 000	400 000	0	0
Other Current Debt	3 750 000	2 227 000	759 000	97 000
Total Current Debt	21 433 000	13 932 000	5 057 000	104 000
Total Equity and Debt	27 360 000	20 968 000	6 858 000	139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,5 %	80 %	62,75 %	26,47 %
Debt-to-Equity Ratio	1,95	1,8	0,33	0,03
Operating Profit Margin	2,56 %	5,53 %	5,87 %	15,38 %
Current Ratio	1,26	1,48	1,33	0,66
Quick Ratio	1,26	1,48	1,33	0,66
Equity Ratio	0,07	0,12	0,2	0,24
Gross Profit Margin	19,84 %	25,49 %	30,14 %	100 %