SITO AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

22,35 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 569 000	1 589 000	1 478 000	1 513 000
Net Income	209 000	120 000	−254 000	37 000
Total Assets	1 825 000	2 230 000	2 296 000	2 596 000
Total Equity	935 000	726 000	2 105 000	2 360 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 569 000	1 589 000	1 478 000	1 513 000
Expenditure	1 245 000	1 322 000	1 687 000	1 377 000
Operating Profit	325 000	267 000	−209 000	136 000
Financial Income	8 000	1 000	2 000	4 000
Financial Costs	1 000	0	0	2 000
Financial Balance	7 000	1 000	2 000	2 000
Earnings Before Tax	331 000	268 000	−207 000	138 000
Tax	122 000	148 000	47 000	102 000
Net Income	209 000	120 000	−254 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	881 000	1 122 000	1 525 000	1 931 000
Total Current Assets	945 000	1 107 000	771 000	665 000
Total Assets	1 825 000	2 230 000	2 296 000	2 596 000
Total Retained Equity	835 000	626 000	2 005 000	2 260 000
Total Equity	935 000	726 000	2 105 000	2 360 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	890 000	1 504 000	191 000	236 000
Total Equity and Debt	1 825 000	2 230 000	2 296 000	2 596 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 569 000	1 589 000	1 478 000	1 513 000
Other Income	0	0	0	0
Revenue	1 569 000	1 589 000	1 478 000	1 513 000
Cost of Goods Sold	0	0	0	0
Salary Costs	259 000	299 000	311 000	294 000
Depreciation	242 000	403 000	405 000	406 000
Impairment	0	0	0	0
Expenditure	1 245 000	1 322 000	1 687 000	1 377 000
Operating Profit	325 000	267 000	−209 000	136 000
Financial Income	8 000	1 000	2 000	4 000
Financial Costs	1 000	0	0	2 000
Financial Balance	7 000	1 000	2 000	2 000
Dividends	0	0	0	0
Net Income	209 000	120 000	−254 000	37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	855 000	1 095 000	1 495 000	1 898 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	28 000	30 000	33 000
Total Tangible Assets	881 000	1 122 000	1 525 000	1 931 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	881 000	1 122 000	1 525 000	1 931 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	824 000	864 000	667 000	515 000
Total Current Assets	945 000	1 107 000	771 000	665 000
Total Assets	1 825 000	2 230 000	2 296 000	2 596 000
Total Equity	935 000	726 000	2 105 000	2 360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	116 000	63 000	54 000	42 000
Unpaid Taxes	16 000	25 000	24 000	15 000
Dividends	0	0	0	0
Other Current Debt	637 000	1 268 000	66 000	52 000
Total Current Debt	890 000	1 504 000	191 000	236 000
Total Equity and Debt	1 825 000	2 230 000	2 296 000	2 596 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,35 %	16,53 %	−12,07 %	1,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,71 %	16,8 %	−14,14 %	8,99 %
Current Ratio	1,06	0,74	4,04	2,82
Quick Ratio	1,06	0,74	4,04	2,82
Equity Ratio	0,51	0,33	0,92	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %