SIFANOR AS

5590 ETNE

Finances

Return on Equity

−14,92 %

Current Ratio

0,09

Debt-to-Equity Ratio

3,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	558 000	491 000	336 000	512 000
Net Income	−223 000	−51 000	−175 000	−72 000
Total Assets	11 931 000	12 150 000	12 424 000	12 498 000
Total Equity	1 495 000	1 718 000	1 769 000	1 944 000

Income (NOK)	2022	2021	2020	2019
Revenue	558 000	491 000	336 000	512 000
Expenditure	526 000	296 000	299 000	362 000
Operating Profit	32 000	195 000	37 000	150 000
Financial Income	15 000	11 000	8 000	14 000
Financial Costs	333 000	271 000	269 000	255 000
Financial Balance	−318 000	−260 000	−261 000	−241 000
Earnings Before Tax	−286 000	−66 000	−224 000	−92 000
Tax	−63 000	−14 000	−49 000	−20 000
Net Income	−223 000	−51 000	−175 000	−72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 516 000	11 628 000	10 255 000	8 783 000
Total Current Assets	415 000	522 000	2 169 000	3 716 000
Total Assets	11 931 000	12 150 000	12 424 000	12 498 000
Total Retained Equity	988 000	1 211 000	1 262 000	1 437 000
Total Equity	1 495 000	1 718 000	1 769 000	1 944 000
Total Long-Term Debt	5 596 000	5 987 000	6 399 000	5 810 000
Total Current Debt	4 840 000	4 445 000	4 256 000	4 744 000
Total Equity and Debt	11 931 000	12 150 000	12 424 000	12 498 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	491 000	336 000	512 000
Other Income	558 000	0	0	0
Revenue	558 000	491 000	336 000	512 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	185 000	182 000	157 000	68 000
Impairment	0	0	0	0
Expenditure	526 000	296 000	299 000	362 000
Operating Profit	32 000	195 000	37 000	150 000
Financial Income	15 000	11 000	8 000	14 000
Financial Costs	333 000	271 000	269 000	255 000
Financial Balance	−318 000	−260 000	−261 000	−241 000
Dividends	0	0	0	0
Net Income	−223 000	−51 000	−175 000	−72 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	79 000	16 000	1 000	0
Real Eastate	8 670 000	8 836 000	7 469 000	6 083 000
Machinery and Plant Facilities	68 000	0	0	0
Fixtures	0	77 000	85 000	0
Total Tangible Assets	8 738 000	8 913 000	7 554 000	6 083 000
Total Fiancial Fixed Assets	2 700 000	2 700 000	2 700 000	2 700 000
Total Fixed Assets	11 516 000	11 628 000	10 255 000	8 783 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	150 000	348 000	1 793 000	3 421 000
Total Current Assets	415 000	522 000	2 169 000	3 716 000
Total Assets	11 931 000	12 150 000	12 424 000	12 498 000
Total Equity	1 495 000	1 718 000	1 769 000	1 944 000
Short-Term Group Debt	4 559 000	0	0	0
Total Long-Term Debt	5 596 000	5 987 000	6 399 000	5 810 000
Creditors	244 000	196 000	59 000	648 000
Unpaid Taxes	11 000	5 000	14 000	0
Dividends	0	0	0	0
Other Current Debt	25 000	4 244 000	4 183 000	4 097 000
Total Current Debt	4 840 000	4 445 000	4 256 000	4 744 000
Total Equity and Debt	11 931 000	12 150 000	12 424 000	12 498 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,92 %	−2,97 %	−9,89 %	−3,7 %
Debt-to-Equity Ratio	3,74	3,48	3,62	2,99
Operating Profit Margin	5,73 %	39,71 %	11,01 %	29,3 %
Current Ratio	0,09	0,12	0,51	0,78
Quick Ratio	0,09	0,12	0,51	0,78
Equity Ratio	0,13	0,14	0,14	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %