SINTEF NARVIK AS

8517 NARVIK

Finances

Return on Equity

−39,02 %

Current Ratio

2,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 657 000	20 207 000	20 472 000	20 160 000
Net Income	−3 093 000	−343 000	269 000	−1 631 000
Total Assets	14 534 000	15 704 000	16 822 000	18 136 000
Total Equity	7 926 000	11 019 000	11 362 000	11 092 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 657 000	20 207 000	20 472 000	20 160 000
Expenditure	18 757 000	20 549 000	20 241 000	21 864 000
Operating Profit	−3 100 000	−342 000	231 000	−1 704 000
Financial Income	32 000	5 000	41 000	78 000
Financial Costs	25 000	5 000	3 000	4 000
Financial Balance	7 000	0	38 000	74 000
Earnings Before Tax	−3 093 000	−343 000	269 000	−1 631 000
Tax	0	0	0	0
Net Income	−3 093 000	−343 000	269 000	−1 631 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	458 000	642 000	741 000	949 000
Total Current Assets	14 076 000	15 062 000	16 081 000	17 188 000
Total Assets	14 534 000	15 704 000	16 822 000	18 136 000
Total Retained Equity	926 000	4 019 000	4 362 000	4 092 000
Total Equity	7 926 000	11 019 000	11 362 000	11 092 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 608 000	4 685 000	5 461 000	7 044 000
Total Equity and Debt	14 534 000	15 704 000	16 822 000	18 136 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 689 000	19 971 000	20 284 000	20 043 000
Other Income	3 968 000	236 000	188 000	117 000
Revenue	15 657 000	20 207 000	20 472 000	20 160 000
Cost of Goods Sold	811 000	1 742 000	1 583 000	2 498 000
Salary Costs	14 007 000	15 351 000	14 907 000	15 309 000
Depreciation	224 000	211 000	307 000	329 000
Impairment	0	0	0	0
Expenditure	18 757 000	20 549 000	20 241 000	21 864 000
Operating Profit	−3 100 000	−342 000	231 000	−1 704 000
Financial Income	32 000	5 000	41 000	78 000
Financial Costs	25 000	5 000	3 000	4 000
Financial Balance	7 000	0	38 000	74 000
Dividends	0	0	0	0
Net Income	−3 093 000	−343 000	269 000	−1 631 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	32 000	0	0	0
Machinery and Plant Facilities	286 000	54 000	82 000	115 000
Fixtures	79 000	527 000	565 000	738 000
Total Tangible Assets	398 000	582 000	648 000	853 000
Total Fiancial Fixed Assets	60 000	60 000	93 000	96 000
Total Fixed Assets	458 000	642 000	741 000	949 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 695 000	2 515 000	4 584 000	3 620 000
Total Current Assets	14 076 000	15 062 000	16 081 000	17 188 000
Total Assets	14 534 000	15 704 000	16 822 000	18 136 000
Total Equity	7 926 000	11 019 000	11 362 000	11 092 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	294 000	289 000	180 000	734 000
Unpaid Taxes	747 000	1 015 000	806 000	853 000
Dividends	0	0	0	0
Other Current Debt	5 567 000	3 380 000	4 474 000	5 458 000
Total Current Debt	6 608 000	4 685 000	5 461 000	7 044 000
Total Equity and Debt	14 534 000	15 704 000	16 822 000	18 136 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,02 %	−3,11 %	2,37 %	−14,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−19,8 %	−1,69 %	1,13 %	−8,45 %
Current Ratio	2,13	3,21	2,94	2,44
Quick Ratio	2,13	3,21	2,94	2,44
Equity Ratio	0,55	0,7	0,68	0,61
Gross Profit Margin	94,82 %	91,38 %	92,27 %	87,61 %