SIRIN FOOD AS

5522 HAUGESUND

Finances

Share Ownership

Return on Equity

29,57 %

Current Ratio

−0,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 500 000	3 027 000	112 000	0
Net Income	598 000	2 128 000	−1 000	−9 000
Total Assets	781 000	632 000	21 000	21 000
Total Equity	2 022 000	1 670 000	19 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 500 000	3 027 000	112 000	0
Expenditure	3 730 000	898 000	113 000	6 000
Operating Profit	771 000	2 129 000	−1 000	−6 000
Financial Income	0	0	0	0
Financial Costs	4 000	2 000	0	3 000
Financial Balance	−4 000	−2 000	0	−3 000
Earnings Before Tax	767 000	2 128 000	−1 000	−9 000
Tax	169 000	0	0	0
Net Income	598 000	2 128 000	−1 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	17 000	0	0
Total Current Assets	739 000	615 000	21 000	21 000
Total Assets	781 000	632 000	21 000	21 000
Total Retained Equity	1 992 000	1 640 000	0	−9 000
Total Equity	2 022 000	1 670 000	19 000	21 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	−1 241 000	−1 039 000	2 000	0
Total Equity and Debt	781 000	632 000	21 000	21 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 500 000	3 027 000	112 000	0
Other Income	0	0	0	0
Revenue	4 500 000	3 027 000	112 000	0
Cost of Goods Sold	2 716 000	376 000	0	0
Salary Costs	69 000	5 000	0	0
Depreciation	10 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 730 000	898 000	113 000	6 000
Operating Profit	771 000	2 129 000	−1 000	−6 000
Financial Income	0	0	0	0
Financial Costs	4 000	2 000	0	3 000
Financial Balance	−4 000	−2 000	0	−3 000
Dividends	0	0	0	0
Net Income	598 000	2 128 000	−1 000	−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	39 000	0	0	0
Fixtures	0	14 000	0	0
Total Tangible Assets	39 000	14 000	0	0
Total Fiancial Fixed Assets	3 000	3 000	0	0
Total Fixed Assets	42 000	17 000	0	0
Stock	652 000	520 000	0	0
Total Investments	0	0	0	0
Cash, Bank	64 000	131 000	1 000	1 000
Total Current Assets	739 000	615 000	21 000	21 000
Total Assets	781 000	632 000	21 000	21 000
Total Equity	2 022 000	1 670 000	19 000	21 000
Short-Term Group Debt	0	0	2 000	0
Total Long-Term Debt	0	0	0	0
Creditors	−79 000	151 000	0	0
Unpaid Taxes	76 000	62 000	0	0
Dividends	0	0	0	0
Other Current Debt	−1 407 000	−1 717 000	0	0
Total Current Debt	−1 241 000	−1 039 000	2 000	0
Total Equity and Debt	781 000	632 000	21 000	21 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,57 %	127,43 %	−5,26 %	−42,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,13 %	70,33 %	−0,89 %	-
Current Ratio	−0,6	−0,59	10,5	-
Quick Ratio	−0,39	−0,39	10,5	-
Equity Ratio	2,59	2,64	0,9	1
Gross Profit Margin	39,64 %	87,58 %	100 %	-