MK SISSEL AS

5537 HAUGESUND

Finances

Share Ownership

Return on Equity

12,19 %

Current Ratio

2,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	724 000	840 000	805 000	302 000
Net Income	34 000	54 000	120 000	41 000
Total Assets	422 000	408 000	341 000	283 000
Total Equity	279 000	245 000	191 000	71 000

Income (NOK)	2022	2021	2020	2019
Revenue	724 000	840 000	805 000	302 000
Expenditure	677 000	769 000	650 000	248 000
Operating Profit	47 000	70 000	155 000	54 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	1 000
Financial Balance	0	−1 000	0	−1 000
Earnings Before Tax	47 000	70 000	154 000	52 000
Tax	13 000	16 000	34 000	12 000
Net Income	34 000	54 000	120 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	422 000	408 000	341 000	283 000
Total Assets	422 000	408 000	341 000	283 000
Total Retained Equity	249 000	215 000	161 000	41 000
Total Equity	279 000	245 000	191 000	71 000
Total Long-Term Debt	0	0	0	9 000
Total Current Debt	143 000	163 000	150 000	203 000
Total Equity and Debt	422 000	408 000	341 000	283 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	724 000	840 000	805 000	302 000
Other Income	0	0	0	0
Revenue	724 000	840 000	805 000	302 000
Cost of Goods Sold	258 000	372 000	363 000	27 000
Salary Costs	250 000	248 000	122 000	136 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	677 000	769 000	650 000	248 000
Operating Profit	47 000	70 000	155 000	54 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	1 000
Financial Balance	0	−1 000	0	−1 000
Dividends	0	0	0	0
Net Income	34 000	54 000	120 000	41 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	248 000	164 000	177 000	220 000
Total Investments	0	0	0	0
Cash, Bank	157 000	206 000	164 000	63 000
Total Current Assets	422 000	408 000	341 000	283 000
Total Assets	422 000	408 000	341 000	283 000
Total Equity	279 000	245 000	191 000	71 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	9 000
Creditors	3 000	0	0	11 000
Unpaid Taxes	41 000	79 000	39 000	−4 000
Dividends	0	0	0	0
Other Current Debt	85 000	68 000	68 000	192 000
Total Current Debt	143 000	163 000	150 000	203 000
Total Equity and Debt	422 000	408 000	341 000	283 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,19 %	22,04 %	62,83 %	57,75 %
Debt-to-Equity Ratio	0	0	0	0,13
Operating Profit Margin	6,49 %	8,33 %	19,25 %	17,88 %
Current Ratio	2,95	2,5	2,27	1,39
Quick Ratio	−4,02	−408	−12,63	−16,65
Equity Ratio	0,66	0,6	0,56	0,25
Gross Profit Margin	64,36 %	55,71 %	54,91 %	91,06 %