SIVAS AS

4513 MANDAL

Finances

Return on Equity

41,88 %

Current Ratio

3,21

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 943 000	2 186 000	1 813 000	1 948 000
Net Income	588 000	279 000	264 000	49 000
Total Assets	2 859 000	2 309 000	2 180 000	1 827 000
Total Equity	1 404 000	966 000	937 000	782 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 943 000	2 186 000	1 813 000	1 948 000
Expenditure	2 188 000	1 840 000	1 647 000	1 898 000
Operating Profit	754 000	346 000	166 000	51 000
Financial Income	1 000	13 000	101 000	15 000
Financial Costs	1 000	1 000	3 000	2 000
Financial Balance	0	12 000	98 000	13 000
Earnings Before Tax	754 000	357 000	264 000	63 000
Tax	166 000	79 000	0	14 000
Net Income	588 000	279 000	264 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	296 000	296 000	296 000	310 000
Total Current Assets	2 563 000	2 013 000	1 885 000	1 517 000
Total Assets	2 859 000	2 309 000	2 180 000	1 827 000
Total Retained Equity	1 304 000	866 000	837 000	682 000
Total Equity	1 404 000	966 000	937 000	782 000
Total Long-Term Debt	655 000	692 000	692 000	587 000
Total Current Debt	799 000	651 000	552 000	459 000
Total Equity and Debt	2 859 000	2 309 000	2 180 000	1 827 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 677 000	2 186 000	1 813 000	1 948 000
Other Income	266 000	0	0	0
Revenue	2 943 000	2 186 000	1 813 000	1 948 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 755 000	1 626 000	1 361 000	1 457 000
Depreciation	0	0	15 000	4 000
Impairment	0	0	0	0
Expenditure	2 188 000	1 840 000	1 647 000	1 898 000
Operating Profit	754 000	346 000	166 000	51 000
Financial Income	1 000	13 000	101 000	15 000
Financial Costs	1 000	1 000	3 000	2 000
Financial Balance	0	12 000	98 000	13 000
Dividends	0	0	0	0
Net Income	588 000	279 000	264 000	49 000

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	0	0	0	0
Fixtures	0	0	0	15 000
Total Tangible Assets	0	0	0	15 000
Total Fiancial Fixed Assets	296 000	296 000	296 000	296 000
Total Fixed Assets	296 000	296 000	296 000	310 000
Stock	0	0	0	0
Total Investments	1 737 000	1 312 000	1 312 000	1 075 000
Cash, Bank	250 000	510 000	186 000	161 000
Total Current Assets	2 563 000	2 013 000	1 885 000	1 517 000
Total Assets	2 859 000	2 309 000	2 180 000	1 827 000
Total Equity	1 404 000	966 000	937 000	782 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	655 000	692 000	692 000	587 000
Creditors	0	20 000	19 000	19 000
Unpaid Taxes	282 000	262 000	245 000	247 000
Dividends	0	0	0	0
Other Current Debt	351 000	290 000	229 000	179 000
Total Current Debt	799 000	651 000	552 000	459 000
Total Equity and Debt	2 859 000	2 309 000	2 180 000	1 827 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,88 %	28,88 %	28,18 %	6,27 %
Debt-to-Equity Ratio	0,47	0,72	0,74	0,75
Operating Profit Margin	25,62 %	15,83 %	9,16 %	2,62 %
Current Ratio	3,21	3,09	3,41	3,31
Quick Ratio	3,21	3,09	3,41	3,31
Equity Ratio	0,49	0,42	0,43	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %