SUMMIT HOLDING AS

3038 DRAMMEN

Finances

Return on Equity

38,5 %

Current Ratio

4,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 173 000	840 000	1 402 000	0
Net Income	556 000	190 000	674 000	0
Total Assets	1 744 000	1 115 000	1 034 000	24 000
Total Equity	1 444 000	888 000	698 000	24 000

Income (NOK)	2022	2021	2020
Revenue	1 173 000	840 000	1 402 000
Expenditure	902 000	803 000	651 000
Operating Profit	272 000	37 000	751 000
Financial Income	347 000	222 000	100 000
Financial Costs	0	61 000	11 000
Financial Balance	347 000	161 000	89 000
Earnings Before Tax	618 000	199 000	841 000
Tax	62 000	9 000	167 000
Net Income	556 000	190 000	674 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	303 000	303 000	209 000	18 000
Total Current Assets	1 441 000	812 000	825 000	7 000
Total Assets	1 744 000	1 115 000	1 034 000	24 000
Total Retained Equity	1 414 000	858 000	668 000	0
Total Equity	1 444 000	888 000	698 000	24 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	300 000	227 000	336 000	0
Total Equity and Debt	1 744 000	1 115 000	1 034 000	24 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 173 000	840 000	1 402 000
Other Income	0	0	0
Revenue	1 173 000	840 000	1 402 000
Cost of Goods Sold	0	0	0
Salary Costs	889 000	763 000	622 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	902 000	803 000	651 000
Operating Profit	272 000	37 000	751 000
Financial Income	347 000	222 000	100 000
Financial Costs	0	61 000	11 000
Financial Balance	347 000	161 000	89 000
Dividends	0	0	0
Net Income	556 000	190 000	674 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	303 000	303 000	209 000	18 000
Total Fixed Assets	303 000	303 000	209 000	18 000
Stock	0	0	0	0
Total Investments	797 000	499 000	388 000	0
Cash, Bank	639 000	307 000	431 000	7 000
Total Current Assets	1 441 000	812 000	825 000	7 000
Total Assets	1 744 000	1 115 000	1 034 000	24 000
Total Equity	1 444 000	888 000	698 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	2 000	0
Unpaid Taxes	147 000	86 000	86 000	0
Dividends	0	0	0	0
Other Current Debt	91 000	132 000	81 000	0
Total Current Debt	300 000	227 000	336 000	0
Total Equity and Debt	1 744 000	1 115 000	1 034 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,5 %	21,4 %	96,56 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,19 %	4,4 %	53,57 %	-
Current Ratio	4,8	3,58	2,46	-
Quick Ratio	4,8	3,58	2,46	-
Equity Ratio	0,83	0,8	0,68	1
Gross Profit Margin	100 %	100 %	100 %	-