SONG POWER AS

2323 INGEBERG

Finances

Share Ownership

Return on Equity

43,31 %

Current Ratio

11,17

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	85 000	35 000	12 000	8 000
Net Income	55 000	20 000	8 000	3 000
Total Assets	156 000	186 000	157 000	160 000
Total Equity	127 000	73 000	53 000	44 000

Income (NOK)	2022	2021	2020	2019
Revenue	85 000	35 000	12 000	8 000
Expenditure	12 000	9 000	1 000	5 000
Operating Profit	73 000	26 000	11 000	3 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	1 000	1 000
Financial Balance	−3 000	0	−1 000	−1 000
Earnings Before Tax	70 000	26 000	10 000	3 000
Tax	15 000	6 000	2 000	0
Net Income	55 000	20 000	8 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	68 000	94 000	138 000
Total Current Assets	134 000	117 000	63 000	22 000
Total Assets	156 000	186 000	157 000	160 000
Total Retained Equity	75 000	20 000	23 000	14 000
Total Equity	127 000	73 000	53 000	44 000
Total Long-Term Debt	16 000	107 000	2 000	0
Total Current Debt	12 000	6 000	103 000	115 000
Total Equity and Debt	156 000	186 000	157 000	160 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	35 000	12 000	8 000
Other Income	85 000	0	0	0
Revenue	85 000	35 000	12 000	8 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	12 000	9 000	1 000	5 000
Operating Profit	73 000	26 000	11 000	3 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	1 000	1 000
Financial Balance	−3 000	0	−1 000	−1 000
Dividends	0	0	0	0
Net Income	55 000	20 000	8 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	15 000	15 000	15 000	0
Total Intangible Assets	15 000	15 000	15 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	6 000	53 000	79 000	123 000
Total Fixed Assets	21 000	68 000	94 000	138 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	134 000	117 000	63 000	6 000
Total Current Assets	134 000	117 000	63 000	22 000
Total Assets	156 000	186 000	157 000	160 000
Total Equity	127 000	73 000	53 000	44 000
Short-Term Group Debt	0	0	0	115 000
Total Long-Term Debt	16 000	107 000	2 000	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	103 000	0
Total Current Debt	12 000	6 000	103 000	115 000
Total Equity and Debt	156 000	186 000	157 000	160 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,31 %	27,4 %	15,09 %	6,82 %
Debt-to-Equity Ratio	0,13	1,47	0,04	0
Operating Profit Margin	85,88 %	74,29 %	91,67 %	37,5 %
Current Ratio	11,17	19,5	0,61	0,19
Quick Ratio	11,17	19,5	0,61	0,19
Equity Ratio	0,81	0,39	0,34	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %