SYKKELBUTIKKEN AS

5068 BERGEN

Finances

Share Ownership

Return on Equity

19,29 %

Current Ratio

2,24

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 510 000	27 574 000	31 826 000	21 424 000
Net Income	1 415 000	2 127 000	3 446 000	1 072 000
Total Assets	20 577 000	16 860 000	11 818 000	9 265 000
Total Equity	7 335 000	5 920 000	4 963 000	2 687 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 510 000	27 574 000	31 826 000	21 424 000
Expenditure	21 288 000	24 718 000	27 269 000	20 102 000
Operating Profit	2 223 000	2 857 000	4 557 000	1 323 000
Financial Income	1 000	7 000	20 000	19 000
Financial Costs	410 000	137 000	157 000	99 000
Financial Balance	−409 000	−130 000	−137 000	−80 000
Earnings Before Tax	1 814 000	2 727 000	4 420 000	1 243 000
Tax	399 000	600 000	974 000	171 000
Net Income	1 415 000	2 127 000	3 446 000	1 072 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	91 000	111 000	114 000	219 000
Total Current Assets	20 486 000	16 749 000	11 704 000	9 046 000
Total Assets	20 577 000	16 860 000	11 818 000	9 265 000
Total Retained Equity	5 435 000	4 020 000	3 063 000	787 000
Total Equity	7 335 000	5 920 000	4 963 000	2 687 000
Total Long-Term Debt	4 103 000	1 890 000	214 000	809 000
Total Current Debt	9 139 000	9 050 000	6 642 000	5 768 000
Total Equity and Debt	20 577 000	16 860 000	11 818 000	9 265 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 510 000	27 574 000	31 826 000	21 424 000
Other Income	0	0	0	0
Revenue	23 510 000	27 574 000	31 826 000	21 424 000
Cost of Goods Sold	13 213 000	15 993 000	18 810 000	12 638 000
Salary Costs	4 562 000	4 983 000	4 741 000	4 074 000
Depreciation	20 000	36 000	81 000	73 000
Impairment	0	0	0	0
Expenditure	21 288 000	24 718 000	27 269 000	20 102 000
Operating Profit	2 223 000	2 857 000	4 557 000	1 323 000
Financial Income	1 000	7 000	20 000	19 000
Financial Costs	410 000	137 000	157 000	99 000
Financial Balance	−409 000	−130 000	−137 000	−80 000
Dividends	0	0	0	0
Net Income	1 415 000	2 127 000	3 446 000	1 072 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	68 000	68 000	35 000	59 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	43 000	79 000	160 000
Total Tangible Assets	23 000	43 000	79 000	160 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	91 000	111 000	114 000	219 000
Stock	20 220 000	15 800 000	8 759 000	8 491 000
Total Investments	0	0	0	0
Cash, Bank	154 000	196 000	2 376 000	149 000
Total Current Assets	20 486 000	16 749 000	11 704 000	9 046 000
Total Assets	20 577 000	16 860 000	11 818 000	9 265 000
Total Equity	7 335 000	5 920 000	4 963 000	2 687 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 103 000	1 890 000	214 000	809 000
Creditors	4 098 000	3 405 000	2 436 000	3 687 000
Unpaid Taxes	549 000	203 000	653 000	489 000
Dividends	0	0	0	0
Other Current Debt	1 236 000	2 997 000	2 933 000	1 304 000
Total Current Debt	9 139 000	9 050 000	6 642 000	5 768 000
Total Equity and Debt	20 577 000	16 860 000	11 818 000	9 265 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,29 %	35,93 %	69,43 %	39,9 %
Debt-to-Equity Ratio	0,56	0,32	0,04	0,3
Operating Profit Margin	9,46 %	10,36 %	14,32 %	6,18 %
Current Ratio	2,24	1,85	1,76	1,57
Quick Ratio	−1,85	−2,48	−5,53	−3,32
Equity Ratio	0,36	0,35	0,42	0,29
Gross Profit Margin	43,8 %	42 %	40,9 %	41,01 %