SIGMUND ESPELAND AS

2150 ÅRNES

Finances

Return on Equity

15,51 %

Current Ratio

3,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	92 396 000	76 719 000	63 385 000	57 411 000
Net Income	6 208 000	10 436 000	5 795 000	1 900 000
Total Assets	56 644 000	53 238 000	43 353 000	33 614 000
Total Equity	40 027 000	37 619 000	28 726 000	24 931 000

Income (NOK)	2022	2021	2020	2019
Revenue	92 396 000	76 719 000	63 385 000	57 411 000
Expenditure	84 667 000	63 541 000	56 120 000	54 974 000
Operating Profit	7 729 000	13 178 000	7 264 000	2 436 000
Financial Income	315 000	277 000	263 000	93 000
Financial Costs	80 000	73 000	90 000	93 000
Financial Balance	235 000	204 000	173 000	0
Earnings Before Tax	7 964 000	13 382 000	7 437 000	2 437 000
Tax	1 756 000	2 946 000	1 642 000	537 000
Net Income	6 208 000	10 436 000	5 795 000	1 900 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 383 000	3 031 000	2 929 000	1 800 000
Total Current Assets	53 261 000	50 208 000	40 425 000	31 814 000
Total Assets	56 644 000	53 238 000	43 353 000	33 614 000
Total Retained Equity	39 557 000	37 149 000	28 256 000	24 461 000
Total Equity	40 027 000	37 619 000	28 726 000	24 931 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 617 000	15 619 000	14 627 000	8 682 000
Total Equity and Debt	56 644 000	53 238 000	43 353 000	33 614 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	92 396 000	76 719 000	63 138 000	57 411 000
Other Income	0	0	247 000	0
Revenue	92 396 000	76 719 000	63 385 000	57 411 000
Cost of Goods Sold	52 439 000	36 784 000	30 953 000	27 776 000
Salary Costs	20 789 000	17 874 000	16 514 000	18 636 000
Depreciation	677 000	543 000	613 000	390 000
Impairment	0	0	0	0
Expenditure	84 667 000	63 541 000	56 120 000	54 974 000
Operating Profit	7 729 000	13 178 000	7 264 000	2 436 000
Financial Income	315 000	277 000	263 000	93 000
Financial Costs	80 000	73 000	90 000	93 000
Financial Balance	235 000	204 000	173 000	0
Dividends	3 800 000	1 543 000	2 000 000	0
Net Income	6 208 000	10 436 000	5 795 000	1 900 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	769 000	592 000	529 000	500 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 569 000	2 372 000	2 124 000	998 000
Total Tangible Assets	2 569 000	2 372 000	2 124 000	998 000
Total Fiancial Fixed Assets	45 000	66 000	276 000	302 000
Total Fixed Assets	3 383 000	3 031 000	2 929 000	1 800 000
Stock	24 126 000	20 421 000	16 890 000	13 299 000
Total Investments	0	0	0	0
Cash, Bank	10 414 000	10 350 000	9 991 000	10 761 000
Total Current Assets	53 261 000	50 208 000	40 425 000	31 814 000
Total Assets	56 644 000	53 238 000	43 353 000	33 614 000
Total Equity	40 027 000	37 619 000	28 726 000	24 931 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 519 000	2 636 000	1 678 000	2 301 000
Unpaid Taxes	4 502 000	4 767 000	4 429 000	3 411 000
Dividends	3 800 000	1 543 000	2 000 000	0
Other Current Debt	3 862 000	3 664 000	4 849 000	2 443 000
Total Current Debt	16 617 000	15 619 000	14 627 000	8 682 000
Total Equity and Debt	56 644 000	53 238 000	43 353 000	33 614 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,51 %	27,74 %	20,17 %	7,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,37 %	17,18 %	11,46 %	4,24 %
Current Ratio	3,21	3,21	2,76	3,66
Quick Ratio	−7,09	−10,46	−17,86	−6,89
Equity Ratio	0,71	0,71	0,66	0,74
Gross Profit Margin	43,25 %	52,05 %	51,17 %	51,62 %