SUNSTONE TECH AS

2074 EIDSVOLL VERK

Finances

Return on Equity

70,1 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	16 920 000	8 074 000	5 044 000
Net Income	1 918 000	359 000	335 000
Total Assets	6 768 000	2 417 000	1 914 000
Total Equity	2 736 000	819 000	460 000

Income (NOK)	2022	2021	2020
Revenue	16 920 000	8 074 000	5 044 000
Expenditure	14 426 000	7 549 000	4 613 000
Operating Profit	2 495 000	525 000	431 000
Financial Income	4 000	2 000	1 000
Financial Costs	39 000	31 000	3 000
Financial Balance	−35 000	−29 000	−2 000
Earnings Before Tax	2 459 000	496 000	430 000
Tax	541 000	1 000	95 000
Net Income	1 918 000	359 000	335 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 252 000	618 000	540 000
Total Current Assets	4 517 000	1 798 000	1 374 000
Total Assets	6 768 000	2 417 000	1 914 000
Total Retained Equity	2 706 000	789 000	430 000
Total Equity	2 736 000	819 000	460 000
Total Long-Term Debt	3 000	68 000	0
Total Current Debt	4 029 000	1 530 000	1 454 000
Total Equity and Debt	6 768 000	2 417 000	1 914 000

Cash flow (NOK)	2022	2021	2020
Sales Income	16 920 000	8 074 000	5 044 000
Other Income	0	0	0
Revenue	16 920 000	8 074 000	5 044 000
Cost of Goods Sold	0	0	0
Salary Costs	9 235 000	4 200 000	3 998 000
Depreciation	18 000	2 000	0
Impairment	0	0	0
Expenditure	14 426 000	7 549 000	4 613 000
Operating Profit	2 495 000	525 000	431 000
Financial Income	4 000	2 000	1 000
Financial Costs	39 000	31 000	3 000
Financial Balance	−35 000	−29 000	−2 000
Dividends	0	0	0
Net Income	1 918 000	359 000	335 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	73 000	17 000	0
Total Tangible Assets	73 000	17 000	0
Total Fiancial Fixed Assets	2 179 000	602 000	540 000
Total Fixed Assets	2 252 000	618 000	540 000
Stock	0	0	0
Total Investments	0	254 000	304 000
Cash, Bank	3 076 000	1 441 000	740 000
Total Current Assets	4 517 000	1 798 000	1 374 000
Total Assets	6 768 000	2 417 000	1 914 000
Total Equity	2 736 000	819 000	460 000
Short-Term Group Debt	0	0	39 000
Total Long-Term Debt	3 000	68 000	0
Creditors	127 000	0	0
Unpaid Taxes	2 608 000	1 016 000	739 000
Dividends	0	0	0
Other Current Debt	754 000	378 000	707 000
Total Current Debt	4 029 000	1 530 000	1 454 000
Total Equity and Debt	6 768 000	2 417 000	1 914 000

Financial indicators	2022	2021	2020
Return on Equity	70,1 %	43,83 %	72,83 %
Debt-to-Equity Ratio	0	0,08	0
Operating Profit Margin	14,75 %	6,5 %	8,54 %
Current Ratio	1,12	1,18	0,94
Quick Ratio	1,12	1,18	0,94
Equity Ratio	0,4	0,34	0,24
Gross Profit Margin	100 %	100 %	100 %