SIGVARTSEN AS

2260 KIRKENÆR

Finances

Share Ownership

Return on Equity

−19,5 %

Current Ratio

0,67

Debt-to-Equity Ratio

−1,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 446 000	10 926 000	10 130 000	18 067 000
Net Income	186 000	−140 000	30 000	−504 000
Total Assets	3 484 000	3 248 000	3 125 000	3 529 000
Total Equity	−954 000	−1 139 000	−999 000	−1 029 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 446 000	10 926 000	10 130 000	18 067 000
Expenditure	10 100 000	10 927 000	9 894 000	18 346 000
Operating Profit	346 000	−1 000	236 000	−280 000
Financial Income	4 000	4 000	3 000	5 000
Financial Costs	164 000	142 000	210 000	229 000
Financial Balance	−160 000	−138 000	−207 000	−224 000
Earnings Before Tax	186 000	−140 000	30 000	−504 000
Tax	0	0	0	0
Net Income	186 000	−140 000	30 000	−504 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 485 000	1 647 000	1 738 000	1 887 000
Total Current Assets	1 999 000	1 602 000	1 387 000	1 643 000
Total Assets	3 484 000	3 248 000	3 125 000	3 529 000
Total Retained Equity	−1 254 000	−1 439 000	−1 299 000	−1 329 000
Total Equity	−954 000	−1 139 000	−999 000	−1 029 000
Total Long-Term Debt	1 442 000	1 768 000	2 099 000	2 321 000
Total Current Debt	2 996 000	2 620 000	2 026 000	2 237 000
Total Equity and Debt	3 484 000	3 248 000	3 125 000	3 529 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 350 000	10 810 000	10 021 000	17 902 000
Other Income	96 000	116 000	108 000	165 000
Revenue	10 446 000	10 926 000	10 130 000	18 067 000
Cost of Goods Sold	5 609 000	6 328 000	5 751 000	13 235 000
Salary Costs	2 493 000	2 751 000	2 286 000	2 848 000
Depreciation	162 000	156 000	149 000	155 000
Impairment	0	0	0	0
Expenditure	10 100 000	10 927 000	9 894 000	18 346 000
Operating Profit	346 000	−1 000	236 000	−280 000
Financial Income	4 000	4 000	3 000	5 000
Financial Costs	164 000	142 000	210 000	229 000
Financial Balance	−160 000	−138 000	−207 000	−224 000
Dividends	0	0	0	0
Net Income	186 000	−140 000	30 000	−504 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 412 000	1 517 000	1 622 000	1 727 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	73 000	130 000	116 000	160 000
Total Tangible Assets	1 485 000	1 647 000	1 738 000	1 887 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 485 000	1 647 000	1 738 000	1 887 000
Stock	1 776 000	1 495 000	1 174 000	1 293 000
Total Investments	0	0	0	0
Cash, Bank	89 000	72 000	50 000	35 000
Total Current Assets	1 999 000	1 602 000	1 387 000	1 643 000
Total Assets	3 484 000	3 248 000	3 125 000	3 529 000
Total Equity	−954 000	−1 139 000	−999 000	−1 029 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 442 000	1 768 000	2 099 000	2 321 000
Creditors	880 000	640 000	820 000	1 200 000
Unpaid Taxes	198 000	205 000	100 000	106 000
Dividends	0	0	0	0
Other Current Debt	1 493 000	1 339 000	720 000	563 000
Total Current Debt	2 996 000	2 620 000	2 026 000	2 237 000
Total Equity and Debt	3 484 000	3 248 000	3 125 000	3 529 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,5 %	12,29 %	−3 %	48,98 %
Debt-to-Equity Ratio	−1,51	−1,55	−2,1	−2,26
Operating Profit Margin	3,31 %	−0,01 %	2,33 %	−1,55 %
Current Ratio	0,67	0,61	0,68	0,73
Quick Ratio	1,64	1,42	1,63	1,74
Equity Ratio	−0,27	−0,35	−0,32	−0,29
Gross Profit Margin	46,3 %	42,08 %	43,23 %	26,74 %