SIGMUND LOTHE AS

4050 SOLA

Finances

Return on Equity

84,76 %

Current Ratio

1,43

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 203 000	21 661 000	18 267 000	16 071 000
Net Income	2 936 000	2 763 000	2 035 000	544 000
Total Assets	10 131 000	10 053 000	8 921 000	6 779 000
Total Equity	3 464 000	2 528 000	1 765 000	3 113 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 203 000	21 661 000	18 267 000	16 071 000
Expenditure	17 987 000	18 087 000	15 623 000	15 335 000
Operating Profit	3 217 000	3 574 000	2 645 000	735 000
Financial Income	549 000	17 000	22 000	28 000
Financial Costs	49 000	52 000	54 000	65 000
Financial Balance	500 000	−35 000	−32 000	−37 000
Earnings Before Tax	3 717 000	3 540 000	2 614 000	698 000
Tax	781 000	777 000	579 000	154 000
Net Income	2 936 000	2 763 000	2 035 000	544 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	800 000	316 000	362 000	418 000
Total Current Assets	9 331 000	9 737 000	8 558 000	6 360 000
Total Assets	10 131 000	10 053 000	8 921 000	6 779 000
Total Retained Equity	3 434 000	2 498 000	1 735 000	2 113 000
Total Equity	3 464 000	2 528 000	1 765 000	3 113 000
Total Long-Term Debt	159 000	389 000	616 000	1 189 000
Total Current Debt	6 509 000	7 136 000	6 540 000	2 477 000
Total Equity and Debt	10 131 000	10 053 000	8 921 000	6 779 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 203 000	21 661 000	18 267 000	16 071 000
Other Income	0	0	0	0
Revenue	21 203 000	21 661 000	18 267 000	16 071 000
Cost of Goods Sold	7 264 000	7 516 000	6 804 000	7 125 000
Salary Costs	8 396 000	8 361 000	6 785 000	5 943 000
Depreciation	14 000	52 000	63 000	49 000
Impairment	0	0	0	0
Expenditure	17 987 000	18 087 000	15 623 000	15 335 000
Operating Profit	3 217 000	3 574 000	2 645 000	735 000
Financial Income	549 000	17 000	22 000	28 000
Financial Costs	49 000	52 000	54 000	65 000
Financial Balance	500 000	−35 000	−32 000	−37 000
Dividends	2 000 000	2 000 000	300 000	0
Net Income	2 936 000	2 763 000	2 035 000	544 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	58 000	52 000	45 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	42 000	94 000	157 000
Total Tangible Assets	28 000	42 000	94 000	157 000
Total Fiancial Fixed Assets	713 000	216 000	216 000	216 000
Total Fixed Assets	800 000	316 000	362 000	418 000
Stock	2 115 000	1 419 000	1 591 000	1 117 000
Total Investments	0	0	0	0
Cash, Bank	3 350 000	4 339 000	4 950 000	2 368 000
Total Current Assets	9 331 000	9 737 000	8 558 000	6 360 000
Total Assets	10 131 000	10 053 000	8 921 000	6 779 000
Total Equity	3 464 000	2 528 000	1 765 000	3 113 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	159 000	389 000	616 000	1 189 000
Creditors	1 007 000	984 000	808 000	850 000
Unpaid Taxes	1 175 000	1 565 000	1 581 000	1 031 000
Dividends	2 000 000	2 000 000	300 000	0
Other Current Debt	1 544 000	1 804 000	3 266 000	593 000
Total Current Debt	6 509 000	7 136 000	6 540 000	2 477 000
Total Equity and Debt	10 131 000	10 053 000	8 921 000	6 779 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,76 %	109,3 %	115,3 %	17,48 %
Debt-to-Equity Ratio	0,05	0,15	0,35	0,38
Operating Profit Margin	15,17 %	16,5 %	14,48 %	4,57 %
Current Ratio	1,43	1,36	1,31	2,57
Quick Ratio	2,12	1,7	1,73	4,68
Equity Ratio	0,34	0,25	0,2	0,46
Gross Profit Margin	65,74 %	65,3 %	62,75 %	55,67 %