SJØTIND AS

6004 ÅLESUND

Finances

Return on Equity

−17,97 %

Current Ratio

0,72

Debt-to-Equity Ratio

−3,45

Key figures (NOK)	2022	2021	2020
Revenue	21 664 000	15 523 000	0
Net Income	129 000	27 000	−903 000
Total Assets	7 805 000	4 373 000	293 000
Total Equity	−718 000	−847 000	−873 000

Income (NOK)	2022	2021	2020
Revenue	21 664 000	15 523 000	0
Expenditure	21 255 000	15 414 000	1 155 000
Operating Profit	409 000	110 000	−1 155 000
Financial Income	0	0	0
Financial Costs	161 000	76 000	3 000
Financial Balance	−161 000	−76 000	−3 000
Earnings Before Tax	249 000	34 000	−1 158 000
Tax	119 000	7 000	−255 000
Net Income	129 000	27 000	−903 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 440 000	2 485 000	255 000
Total Current Assets	4 365 000	1 888 000	38 000
Total Assets	7 805 000	4 373 000	293 000
Total Retained Equity	−748 000	−877 000	−903 000
Total Equity	−718 000	−847 000	−873 000
Total Long-Term Debt	2 474 000	1 360 000	3 000
Total Current Debt	6 048 000	3 859 000	1 164 000
Total Equity and Debt	7 805 000	4 373 000	293 000

Cash flow (NOK)	2022	2021	2020
Sales Income	21 132 000	14 511 000	0
Other Income	532 000	1 011 000	0
Revenue	21 664 000	15 523 000	0
Cost of Goods Sold	240 000	1 161 000	50 000
Salary Costs	10 181 000	7 926 000	0
Depreciation	247 000	54 000	0
Impairment	0	0	0
Expenditure	21 255 000	15 414 000	1 155 000
Operating Profit	409 000	110 000	−1 155 000
Financial Income	0	0	0
Financial Costs	161 000	76 000	3 000
Financial Balance	−161 000	−76 000	−3 000
Dividends	0	0	0
Net Income	129 000	27 000	−903 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	128 000	247 000	255 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	55 000	79 000	0
Total Tangible Assets	3 312 000	2 238 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 440 000	2 485 000	255 000
Stock	403 000	0	0
Total Investments	0	0	0
Cash, Bank	92 000	924 000	0
Total Current Assets	4 365 000	1 888 000	38 000
Total Assets	7 805 000	4 373 000	293 000
Total Equity	−718 000	−847 000	−873 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 474 000	1 360 000	3 000
Creditors	2 747 000	1 691 000	925 000
Unpaid Taxes	1 289 000	356 000	0
Dividends	0	0	0
Other Current Debt	1 759 000	1 812 000	0
Total Current Debt	6 048 000	3 859 000	1 164 000
Total Equity and Debt	7 805 000	4 373 000	293 000

Financial indicators	2022	2021	2020
Return on Equity	−17,97 %	−3,19 %	103,44 %
Debt-to-Equity Ratio	−3,45	−1,61	−0
Operating Profit Margin	1,89 %	0,71 %	-
Current Ratio	0,72	0,49	0,03
Quick Ratio	0,77	0,49	0,03
Equity Ratio	−0,09	−0,19	−2,98
Gross Profit Margin	98,89 %	92,52 %	-