SYKKEL SERVICE AS

4012 STAVANGER

Finances

Share Ownership

Return on Equity

223,66 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 036 000	793 000	708 000	50 000
Net Income	416 000	179 000	223 000	−6 000
Total Assets	800 000	569 000	408 000	103 000
Total Equity	186 000	295 000	266 000	24 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 036 000	793 000	708 000	50 000
Expenditure	503 000	561 000	422 000	50 000
Operating Profit	533 000	231 000	286 000	0
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	6 000
Financial Balance	1 000	0	0	−6 000
Earnings Before Tax	534 000	231 000	286 000	−6 000
Tax	117 000	52 000	63 000	0
Net Income	416 000	179 000	223 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	110 000	40 000	54 000	67 000
Total Current Assets	691 000	529 000	354 000	36 000
Total Assets	800 000	569 000	408 000	103 000
Total Retained Equity	156 000	265 000	236 000	−6 000
Total Equity	186 000	295 000	266 000	24 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	614 000	274 000	142 000	79 000
Total Equity and Debt	800 000	569 000	408 000	103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 036 000	792 000	581 000	50 000
Other Income	0	2 000	127 000	0
Revenue	1 036 000	793 000	708 000	50 000
Cost of Goods Sold	154 000	233 000	135 000	21 000
Salary Costs	34 000	55 000	36 000	0
Depreciation	37 000	13 000	13 000	2 000
Impairment	0	0	0	0
Expenditure	503 000	561 000	422 000	50 000
Operating Profit	533 000	231 000	286 000	0
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	6 000
Financial Balance	1 000	0	0	−6 000
Dividends	525 000	150 000	0	0
Net Income	416 000	179 000	223 000	−6 000

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	110 000	40 000	54 000	67 000
Total Tangible Assets	110 000	40 000	54 000	67 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	110 000	40 000	54 000	67 000
Stock	175 000	115 000	58 000	22 000
Total Investments	0	0	0	0
Cash, Bank	515 000	451 000	277 000	14 000
Total Current Assets	691 000	529 000	354 000	36 000
Total Assets	800 000	569 000	408 000	103 000
Total Equity	186 000	295 000	266 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	13 000	25 000	69 000
Unpaid Taxes	31 000	20 000	5 000	0
Dividends	525 000	150 000	0	0
Other Current Debt	51 000	39 000	49 000	10 000
Total Current Debt	614 000	274 000	142 000	79 000
Total Equity and Debt	800 000	569 000	408 000	103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	223,66 %	60,68 %	83,83 %	−25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	51,45 %	29,13 %	40,4 %	0 %
Current Ratio	1,13	1,93	2,49	0,46
Quick Ratio	1,57	3,33	4,21	0,63
Equity Ratio	0,23	0,52	0,65	0,23
Gross Profit Margin	85,14 %	70,62 %	80,93 %	58 %