SUN ATLANTIC HOLDING COMPANY AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

5,73 %

Current Ratio

0,46

Debt-to-Equity Ratio

−0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 000	189 000	207 000	18 000
Net Income	−32 000	−35 000	−29 000	17 000
Total Assets	444 000	447 000	417 000	419 000
Total Equity	−558 000	−526 000	−491 000	−458 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 000	189 000	207 000	18 000
Expenditure	62 000	221 000	234 000	0
Operating Profit	−30 000	−33 000	−27 000	18 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	2 000	1 000
Financial Balance	−2 000	−2 000	−2 000	−1 000
Earnings Before Tax	−32 000	−35 000	−29 000	17 000
Tax	0	0	0	0
Net Income	−32 000	−35 000	−29 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	444 000	447 000	417 000	419 000
Total Assets	444 000	447 000	417 000	419 000
Total Retained Equity	−708 000	−676 000	−641 000	−608 000
Total Equity	−558 000	−526 000	−491 000	−458 000
Total Long-Term Debt	35 000	35 000	35 000	35 000
Total Current Debt	967 000	939 000	874 000	843 000
Total Equity and Debt	444 000	447 000	417 000	419 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 000	189 000	207 000	6 000
Other Income	0	0	0	13 000
Revenue	32 000	189 000	207 000	18 000
Cost of Goods Sold	4 000	67 000	118 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	62 000	221 000	234 000	0
Operating Profit	−30 000	−33 000	−27 000	18 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	2 000	1 000
Financial Balance	−2 000	−2 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−32 000	−35 000	−29 000	17 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	34 000	34 000	34 000	34 000
Total Investments	0	0	0	0
Cash, Bank	2 000	5 000	4 000	1 000
Total Current Assets	444 000	447 000	417 000	419 000
Total Assets	444 000	447 000	417 000	419 000
Total Equity	−558 000	−526 000	−491 000	−458 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 000	35 000	35 000	35 000
Creditors	624 000	628 000	627 000	621 000
Unpaid Taxes	221 000	221 000	200 000	145 000
Dividends	0	0	0	0
Other Current Debt	121 000	89 000	47 000	32 000
Total Current Debt	967 000	939 000	874 000	843 000
Total Equity and Debt	444 000	447 000	417 000	419 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,73 %	6,65 %	5,91 %	−3,71 %
Debt-to-Equity Ratio	−0,06	−0,07	−0,07	−0,08
Operating Profit Margin	−93,75 %	−17,46 %	−13,04 %	100 %
Current Ratio	0,46	0,48	0,48	0,5
Quick Ratio	0,48	0,49	0,5	0,52
Equity Ratio	−1,26	−1,18	−1,18	−1,09
Gross Profit Margin	87,5 %	64,55 %	43 %	100 %