SIGGEN AS

6982 HOLMEDAL

Finances

Return on Equity

−45,11 %

Current Ratio

0,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	701 000	871 000	1 387 000	1 255 000
Net Income	−60 000	21 000	225 000	138 000
Total Assets	2 370 000	2 358 000	2 598 000	2 154 000
Total Equity	133 000	192 000	2 071 000	1 846 000

Income (NOK)	2022	2021	2020	2019
Revenue	701 000	871 000	1 387 000	1 255 000
Expenditure	733 000	845 000	1 106 000	1 093 000
Operating Profit	−32 000	27 000	281 000	162 000
Financial Income	1 000	1 000	8 000	15 000
Financial Costs	24 000	0	0	0
Financial Balance	−23 000	1 000	8 000	15 000
Earnings Before Tax	−55 000	27 000	289 000	177 000
Tax	5 000	6 000	64 000	39 000
Net Income	−60 000	21 000	225 000	138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 114 000	1 119 000	167 000	222 000
Total Current Assets	1 256 000	1 239 000	2 430 000	1 932 000
Total Assets	2 370 000	2 358 000	2 598 000	2 154 000
Total Retained Equity	33 000	92 000	1 971 000	1 746 000
Total Equity	133 000	192 000	2 071 000	1 846 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 237 000	2 165 000	527 000	309 000
Total Equity and Debt	2 370 000	2 358 000	2 598 000	2 154 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	701 000	871 000	1 384 000	1 255 000
Other Income	0	0	3 000	0
Revenue	701 000	871 000	1 387 000	1 255 000
Cost of Goods Sold	0	0	0	0
Salary Costs	478 000	500 000	718 000	703 000
Depreciation	0	0	5 000	30 000
Impairment	0	0	0	0
Expenditure	733 000	845 000	1 106 000	1 093 000
Operating Profit	−32 000	27 000	281 000	162 000
Financial Income	1 000	1 000	8 000	15 000
Financial Costs	24 000	0	0	0
Financial Balance	−23 000	1 000	8 000	15 000
Dividends	0	1 900 000	0	0
Net Income	−60 000	21 000	225 000	138 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	5 000	7 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	5 000
Total Tangible Assets	0	0	0	5 000
Total Fiancial Fixed Assets	1 114 000	1 114 000	161 000	209 000
Total Fixed Assets	1 114 000	1 119 000	167 000	222 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 083 000	814 000	2 085 000	1 772 000
Total Current Assets	1 256 000	1 239 000	2 430 000	1 932 000
Total Assets	2 370 000	2 358 000	2 598 000	2 154 000
Total Equity	133 000	192 000	2 071 000	1 846 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	20 000	8 000	0
Unpaid Taxes	101 000	116 000	297 000	141 000
Dividends	0	1 900 000	0	0
Other Current Debt	2 130 000	2 024 000	160 000	125 000
Total Current Debt	2 237 000	2 165 000	527 000	309 000
Total Equity and Debt	2 370 000	2 358 000	2 598 000	2 154 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,11 %	10,94 %	10,86 %	7,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,56 %	3,1 %	20,26 %	12,91 %
Current Ratio	0,56	0,57	4,61	6,25
Quick Ratio	0,56	0,57	4,61	6,25
Equity Ratio	0,06	0,08	0,8	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %