SIDDIS GELATO AS

4013 STAVANGER

Finances

Share Ownership

Return on Equity

82,5 %

Current Ratio

0,59

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020
Revenue	1 703 000	1 608 000	621 000
Net Income	66 000	−43 000	32 000
Total Assets	286 000	205 000	96 000
Total Equity	80 000	14 000	57 000

Income (NOK)	2022	2021	2020
Revenue	1 703 000	1 608 000	621 000
Expenditure	1 592 000	1 644 000	577 000
Operating Profit	111 000	−37 000	44 000
Financial Income	0	0	0
Financial Costs	37 000	8 000	3 000
Financial Balance	−37 000	−8 000	−3 000
Earnings Before Tax	74 000	−44 000	41 000
Tax	8 000	−1 000	9 000
Net Income	66 000	−43 000	32 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	178 000	199 000	10 000
Total Current Assets	108 000	7 000	86 000
Total Assets	286 000	205 000	96 000
Total Retained Equity	50 000	−11 000	32 000
Total Equity	80 000	14 000	57 000
Total Long-Term Debt	22 000	134 000	0
Total Current Debt	184 000	58 000	39 000
Total Equity and Debt	286 000	205 000	96 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 686 000	1 500 000	621 000
Other Income	16 000	107 000	0
Revenue	1 703 000	1 608 000	621 000
Cost of Goods Sold	601 000	535 000	182 000
Salary Costs	405 000	584 000	120 000
Depreciation	52 000	24 000	0
Impairment	0	0	0
Expenditure	1 592 000	1 644 000	577 000
Operating Profit	111 000	−37 000	44 000
Financial Income	0	0	0
Financial Costs	37 000	8 000	3 000
Financial Balance	−37 000	−8 000	−3 000
Dividends	0	0	0
Net Income	66 000	−43 000	32 000

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	168 000	189 000	0
Total Tangible Assets	168 000	189 000	0
Total Fiancial Fixed Assets	10 000	10 000	10 000
Total Fixed Assets	178 000	199 000	10 000
Stock	35 000	23 000	23 000
Total Investments	0	0	0
Cash, Bank	49 000	25 000	49 000
Total Current Assets	108 000	7 000	86 000
Total Assets	286 000	205 000	96 000
Total Equity	80 000	14 000	57 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	22 000	134 000	0
Creditors	42 000	5 000	2 000
Unpaid Taxes	35 000	20 000	15 000
Dividends	0	0	0
Other Current Debt	102 000	33 000	14 000
Total Current Debt	184 000	58 000	39 000
Total Equity and Debt	286 000	205 000	96 000

Financial indicators	2022	2021	2020
Return on Equity	82,5 %	−307,14 %	56,14 %
Debt-to-Equity Ratio	0,28	9,57	0
Operating Profit Margin	6,52 %	−2,3 %	7,09 %
Current Ratio	0,59	0,12	2,21
Quick Ratio	0,72	0,2	5,38
Equity Ratio	0,28	0,07	0,59
Gross Profit Margin	64,71 %	66,73 %	70,69 %