SJØTEIN AS

8890 LEIRFJORD

Finances

Share Ownership

Return on Equity

−29,43 %

Current Ratio

0,08

Debt-to-Equity Ratio

−19,67

Key figures (NOK)	2022	2021	2020
Revenue	4 432 000	1 630 000	1 476 000
Net Income	151 000	−704 000	−420 000
Total Assets	11 985 000	7 020 000	8 019 000
Total Equity	−513 000	−663 000	40 000

Income (NOK)	2022	2021	2020
Revenue	4 432 000	1 630 000	1 476 000
Expenditure	3 673 000	1 904 000	1 694 000
Operating Profit	758 000	−274 000	−217 000
Financial Income	6 000	10 000	0
Financial Costs	613 000	439 000	203 000
Financial Balance	−607 000	−429 000	−203 000
Earnings Before Tax	151 000	−704 000	−420 000
Tax	0	0	0
Net Income	151 000	−704 000	−420 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	11 784 000	7 016 000	7 931 000
Total Current Assets	202 000	3 000	88 000
Total Assets	11 985 000	7 020 000	8 019 000
Total Retained Equity	−973 000	−1 124 000	−420 000
Total Equity	−513 000	−663 000	40 000
Total Long-Term Debt	10 091 000	7 285 000	7 702 000
Total Current Debt	2 407 000	398 000	277 000
Total Equity and Debt	11 985 000	7 020 000	8 019 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 940 000	1 629 000	1 376 000
Other Income	1 491 000	1 000	100 000
Revenue	4 432 000	1 630 000	1 476 000
Cost of Goods Sold	0	99 000	43 000
Salary Costs	1 340 000	757 000	786 000
Depreciation	370 000	317 000	229 000
Impairment	0	0	0
Expenditure	3 673 000	1 904 000	1 694 000
Operating Profit	758 000	−274 000	−217 000
Financial Income	6 000	10 000	0
Financial Costs	613 000	439 000	203 000
Financial Balance	−607 000	−429 000	−203 000
Dividends	0	0	0
Net Income	151 000	−704 000	−420 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	3 600 000	4 001 000	4 001 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	64 000	154 000	218 000
Total Tangible Assets	8 184 000	3 015 000	3 930 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	11 784 000	7 016 000	7 931 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	20 000	12 000	60 000
Total Current Assets	202 000	3 000	88 000
Total Assets	11 985 000	7 020 000	8 019 000
Total Equity	−513 000	−663 000	40 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	10 091 000	7 285 000	7 702 000
Creditors	1 650 000	171 000	237 000
Unpaid Taxes	227 000	−10 000	25 000
Dividends	0	0	0
Other Current Debt	530 000	237 000	15 000
Total Current Debt	2 407 000	398 000	277 000
Total Equity and Debt	11 985 000	7 020 000	8 019 000

Financial indicators	2022	2021	2020
Return on Equity	−29,43 %	106,18 %	−1 050 %
Debt-to-Equity Ratio	−19,67	−10,99	192,55
Operating Profit Margin	17,1 %	−16,81 %	−14,7 %
Current Ratio	0,08	0,01	0,32
Quick Ratio	0,08	0,01	0,32
Equity Ratio	−0,04	−0,09	0
Gross Profit Margin	100 %	93,93 %	97,09 %