SIHCON AS

0981 OSLO

Finances

Return on Equity

−14,25 %

Current Ratio

1,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 558 000	8 316 000	2 768 000	600 000
Net Income	−539 000	1 388 000	−342 000	−120 000
Total Assets	6 565 000	7 415 000	4 217 000	3 670 000
Total Equity	3 782 000	4 203 000	3 315 000	3 321 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 558 000	8 316 000	2 768 000	600 000
Expenditure	10 148 000	7 073 000	3 047 000	719 000
Operating Profit	411 000	1 242 000	−279 000	−119 000
Financial Income	525 000	261 000	2 000	0
Financial Costs	1 349 000	27 000	4 000	1 000
Financial Balance	−824 000	234 000	−2 000	−1 000
Earnings Before Tax	−413 000	1 476 000	−281 000	−120 000
Tax	126 000	87 000	61 000	0
Net Income	−539 000	1 388 000	−342 000	−120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 012 000	3 246 000	3 463 000	3 506 000
Total Current Assets	4 553 000	4 169 000	754 000	165 000
Total Assets	6 565 000	7 415 000	4 217 000	3 670 000
Total Retained Equity	3 173 000	3 594 000	2 706 000	3 179 000
Total Equity	3 782 000	4 203 000	3 315 000	3 321 000
Total Long-Term Debt	0	0	46 000	46 000
Total Current Debt	2 783 000	3 212 000	856 000	303 000
Total Equity and Debt	6 565 000	7 415 000	4 217 000	3 670 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 558 000	8 069 000	2 768 000	600 000
Other Income	0	247 000	0	0
Revenue	10 558 000	8 316 000	2 768 000	600 000
Cost of Goods Sold	8 542 000	5 630 000	1 740 000	0
Salary Costs	814 000	719 000	764 000	375 000
Depreciation	79 000	204 000	66 000	56 000
Impairment	0	0	0	0
Expenditure	10 148 000	7 073 000	3 047 000	719 000
Operating Profit	411 000	1 242 000	−279 000	−119 000
Financial Income	525 000	261 000	2 000	0
Financial Costs	1 349 000	27 000	4 000	1 000
Financial Balance	−824 000	234 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−539 000	1 388 000	−342 000	−120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	2 833 000	2 951 000	2 951 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	93 000	161 000	247 000	187 000
Total Tangible Assets	93 000	2 994 000	3 198 000	3 138 000
Total Fiancial Fixed Assets	1 919 000	252 000	265 000	368 000
Total Fixed Assets	2 012 000	3 246 000	3 463 000	3 506 000
Stock	206 000	293 000	191 000	0
Total Investments	0	0	0	0
Cash, Bank	1 861 000	889 000	479 000	102 000
Total Current Assets	4 553 000	4 169 000	754 000	165 000
Total Assets	6 565 000	7 415 000	4 217 000	3 670 000
Total Equity	3 782 000	4 203 000	3 315 000	3 321 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	46 000	46 000
Creditors	1 744 000	1 716 000	388 000	16 000
Unpaid Taxes	564 000	781 000	339 000	141 000
Dividends	0	0	0	0
Other Current Debt	349 000	627 000	128 000	146 000
Total Current Debt	2 783 000	3 212 000	856 000	303 000
Total Equity and Debt	6 565 000	7 415 000	4 217 000	3 670 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,25 %	33,02 %	−10,32 %	−3,61 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	3,89 %	14,94 %	−10,08 %	−19,83 %
Current Ratio	1,64	1,3	0,88	0,54
Quick Ratio	1,77	1,43	1,13	0,54
Equity Ratio	0,58	0,57	0,79	0,9
Gross Profit Margin	19,09 %	32,3 %	37,14 %	100 %