SIROCCO AS

3120 NØTTERØY

Finances

Share Ownership

Return on Equity

−4,1 %

Current Ratio

2,77

Debt-to-Equity Ratio

1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 604 000	4 974 000	4 681 000	4 515 000
Net Income	−27 000	233 000	213 000	131 000
Total Assets	2 143 000	2 458 000	1 839 000	1 268 000
Total Equity	658 000	686 000	452 000	240 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 604 000	4 974 000	4 681 000	4 515 000
Expenditure	5 567 000	4 633 000	4 349 000	4 267 000
Operating Profit	38 000	341 000	331 000	247 000
Financial Income	3 000	6 000	5 000	4 000
Financial Costs	58 000	47 000	62 000	81 000
Financial Balance	−55 000	−41 000	−57 000	−77 000
Earnings Before Tax	−17 000	300 000	275 000	170 000
Tax	10 000	67 000	62 000	39 000
Net Income	−27 000	233 000	213 000	131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	483 000	446 000	433 000	428 000
Total Current Assets	1 660 000	2 012 000	1 406 000	840 000
Total Assets	2 143 000	2 458 000	1 839 000	1 268 000
Total Retained Equity	538 000	566 000	332 000	120 000
Total Equity	658 000	686 000	452 000	240 000
Total Long-Term Debt	884 000	1 123 000	878 000	175 000
Total Current Debt	600 000	650 000	509 000	853 000
Total Equity and Debt	2 143 000	2 458 000	1 839 000	1 268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 604 000	4 974 000	4 681 000	4 515 000
Other Income	0	0	0	0
Revenue	5 604 000	4 974 000	4 681 000	4 515 000
Cost of Goods Sold	3 406 000	2 770 000	2 761 000	2 638 000
Salary Costs	1 218 000	1 081 000	843 000	949 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	5 567 000	4 633 000	4 349 000	4 267 000
Operating Profit	38 000	341 000	331 000	247 000
Financial Income	3 000	6 000	5 000	4 000
Financial Costs	58 000	47 000	62 000	81 000
Financial Balance	−55 000	−41 000	−57 000	−77 000
Dividends	0	0	0	0
Net Income	−27 000	233 000	213 000	131 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	10 000	7 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	36 000	0	0	0
Total Tangible Assets	36 000	0	0	0
Total Fiancial Fixed Assets	447 000	436 000	425 000	413 000
Total Fixed Assets	483 000	446 000	433 000	428 000
Stock	1 537 000	1 454 000	1 089 000	792 000
Total Investments	0	0	0	0
Cash, Bank	94 000	507 000	294 000	33 000
Total Current Assets	1 660 000	2 012 000	1 406 000	840 000
Total Assets	2 143 000	2 458 000	1 839 000	1 268 000
Total Equity	658 000	686 000	452 000	240 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	884 000	1 123 000	878 000	175 000
Creditors	114 000	180 000	142 000	124 000
Unpaid Taxes	219 000	210 000	166 000	198 000
Dividends	0	0	0	0
Other Current Debt	173 000	191 000	147 000	152 000
Total Current Debt	600 000	650 000	509 000	853 000
Total Equity and Debt	2 143 000	2 458 000	1 839 000	1 268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,1 %	33,97 %	47,12 %	54,58 %
Debt-to-Equity Ratio	1,34	1,64	1,94	0,73
Operating Profit Margin	0,68 %	6,86 %	7,07 %	5,47 %
Current Ratio	2,77	3,1	2,76	0,98
Quick Ratio	−1,77	−2,5	−2,42	13,77
Equity Ratio	0,31	0,28	0,25	0,19
Gross Profit Margin	39,22 %	44,31 %	41,02 %	41,57 %