SITREX AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

−30,29 %

Current Ratio

3,2

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 082 000	77 648 000	75 733 000	68 772 000
Net Income	−4 861 000	2 308 000	4 891 000	4 491 000
Total Assets	23 390 000	36 324 000	31 609 000	26 283 000
Total Equity	16 048 000	20 909 000	19 101 000	14 210 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 082 000	77 648 000	75 733 000	68 772 000
Expenditure	77 287 000	74 208 000	69 264 000	62 700 000
Operating Profit	−4 204 000	3 440 000	6 470 000	6 072 000
Financial Income	134 000	63 000	26 000	1 000
Financial Costs	791 000	484 000	167 000	225 000
Financial Balance	−657 000	−421 000	−141 000	−224 000
Earnings Before Tax	−4 861 000	3 018 000	6 329 000	5 848 000
Tax	0	710 000	1 439 000	1 357 000
Net Income	−4 861 000	2 308 000	4 891 000	4 491 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	515 000	829 000	1 102 000	994 000
Total Current Assets	22 875 000	35 494 000	30 507 000	25 290 000
Total Assets	23 390 000	36 324 000	31 609 000	26 283 000
Total Retained Equity	15 948 000	20 809 000	19 001 000	14 110 000
Total Equity	16 048 000	20 909 000	19 101 000	14 210 000
Total Long-Term Debt	200 000	398 000	630 000	868 000
Total Current Debt	7 142 000	15 017 000	11 878 000	11 205 000
Total Equity and Debt	23 390 000	36 324 000	31 609 000	26 283 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 082 000	77 584 000	75 599 000	68 687 000
Other Income	1 000	64 000	135 000	85 000
Revenue	73 082 000	77 648 000	75 733 000	68 772 000
Cost of Goods Sold	42 077 000	42 518 000	42 545 000	41 195 000
Salary Costs	10 724 000	11 453 000	9 199 000	8 329 000
Depreciation	315 000	358 000	336 000	317 000
Impairment	0	0	0	0
Expenditure	77 287 000	74 208 000	69 264 000	62 700 000
Operating Profit	−4 204 000	3 440 000	6 470 000	6 072 000
Financial Income	134 000	63 000	26 000	1 000
Financial Costs	791 000	484 000	167 000	225 000
Financial Balance	−657 000	−421 000	−141 000	−224 000
Dividends	0	0	0	0
Net Income	−4 861 000	2 308 000	4 891 000	4 491 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	298 000	472 000	553 000	481 000
Fixtures	147 000	287 000	479 000	443 000
Total Tangible Assets	445 000	759 000	1 032 000	924 000
Total Fiancial Fixed Assets	70 000	70 000	70 000	70 000
Total Fixed Assets	515 000	829 000	1 102 000	994 000
Stock	21 279 000	21 947 000	21 203 000	18 395 000
Total Investments	0	0	0	0
Cash, Bank	989 000	9 005 000	5 119 000	3 381 000
Total Current Assets	22 875 000	35 494 000	30 507 000	25 290 000
Total Assets	23 390 000	36 324 000	31 609 000	26 283 000
Total Equity	16 048 000	20 909 000	19 101 000	14 210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	200 000	398 000	630 000	868 000
Creditors	3 419 000	4 691 000	3 908 000	3 157 000
Unpaid Taxes	2 158 000	6 865 000	4 726 000	2 479 000
Dividends	0	0	0	0
Other Current Debt	1 553 000	1 609 000	1 807 000	4 195 000
Total Current Debt	7 142 000	15 017 000	11 878 000	11 205 000
Total Equity and Debt	23 390 000	36 324 000	31 609 000	26 283 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,29 %	11,04 %	25,61 %	31,6 %
Debt-to-Equity Ratio	0,01	0,02	0,03	0,06
Operating Profit Margin	−5,75 %	4,43 %	8,54 %	8,83 %
Current Ratio	3,2	2,36	2,57	2,26
Quick Ratio	−1,62	−5,12	−3,27	−3,52
Equity Ratio	0,69	0,58	0,6	0,54
Gross Profit Margin	42,42 %	45,24 %	43,82 %	40,1 %