SUNDSETH AS

3148 HVASSER

Finances

Share Ownership

Return on Equity

9,55 %

Current Ratio

4,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 611 000	19 007 000	18 738 000	13 812 000
Net Income	291 000	1 560 000	1 542 000	8 000
Total Assets	3 879 000	4 576 000	5 066 000	3 239 000
Total Equity	3 046 000	2 847 000	2 820 000	2 296 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 611 000	19 007 000	18 738 000	13 812 000
Expenditure	15 226 000	17 000 000	16 754 000	13 793 000
Operating Profit	384 000	2 007 000	1 985 000	19 000
Financial Income	0	0	0	0
Financial Costs	7 000	7 000	7 000	8 000
Financial Balance	−7 000	−7 000	−7 000	−8 000
Earnings Before Tax	377 000	2 000 000	1 978 000	11 000
Tax	86 000	440 000	435 000	3 000
Net Income	291 000	1 560 000	1 542 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	361 000	337 000	303 000	321 000
Total Current Assets	3 518 000	4 238 000	4 763 000	2 918 000
Total Assets	3 879 000	4 576 000	5 066 000	3 239 000
Total Retained Equity	2 946 000	2 747 000	2 720 000	2 196 000
Total Equity	3 046 000	2 847 000	2 820 000	2 296 000
Total Long-Term Debt	3 000	4 000	4 000	3 000
Total Current Debt	830 000	1 725 000	2 242 000	941 000
Total Equity and Debt	3 879 000	4 576 000	5 066 000	3 239 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 562 000	18 963 000	18 696 000	13 772 000
Other Income	48 000	44 000	43 000	40 000
Revenue	15 611 000	19 007 000	18 738 000	13 812 000
Cost of Goods Sold	10 810 000	12 626 000	12 565 000	9 975 000
Salary Costs	2 091 000	2 265 000	2 261 000	1 902 000
Depreciation	94 000	84 000	74 000	88 000
Impairment	0	0	0	0
Expenditure	15 226 000	17 000 000	16 754 000	13 793 000
Operating Profit	384 000	2 007 000	1 985 000	19 000
Financial Income	0	0	0	0
Financial Costs	7 000	7 000	7 000	8 000
Financial Balance	−7 000	−7 000	−7 000	−8 000
Dividends	50 000	1 500 000	1 000 000	0
Net Income	291 000	1 560 000	1 542 000	8 000

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	361 000	337 000	303 000	321 000
Total Tangible Assets	361 000	337 000	303 000	321 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	361 000	337 000	303 000	321 000
Stock	856 000	962 000	973 000	657 000
Total Investments	0	0	0	0
Cash, Bank	2 423 000	2 818 000	3 317 000	1 971 000
Total Current Assets	3 518 000	4 238 000	4 763 000	2 918 000
Total Assets	3 879 000	4 576 000	5 066 000	3 239 000
Total Equity	3 046 000	2 847 000	2 820 000	2 296 000
Short-Term Group Debt	96 000	89 000	47 000	363 000
Total Long-Term Debt	3 000	4 000	4 000	3 000
Creditors	188 000	264 000	375 000	280 000
Unpaid Taxes	136 000	142 000	113 000	101 000
Dividends	50 000	1 500 000	1 000 000	0
Other Current Debt	285 000	299 000	278 000	196 000
Total Current Debt	830 000	1 725 000	2 242 000	941 000
Total Equity and Debt	3 879 000	4 576 000	5 066 000	3 239 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,55 %	54,79 %	54,68 %	0,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,46 %	10,56 %	10,59 %	0,14 %
Current Ratio	4,24	2,46	2,12	3,1
Quick Ratio	−135,31	5,55	3,75	10,27
Equity Ratio	0,79	0,62	0,56	0,71
Gross Profit Margin	30,75 %	33,57 %	32,94 %	27,78 %