SUNDAL ENGINEERING AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

−3,35 %

Current Ratio

8,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	74 000	0	135 000	43 000
Net Income	−15 000	−111 000	−101 000	−31 000
Total Assets	510 000	567 000	629 000	698 000
Total Equity	448 000	463 000	574 000	676 000

Income (NOK)	2022	2021	2020	2019
Revenue	74 000	0	135 000	43 000
Expenditure	102 000	111 000	236 000	75 000
Operating Profit	−28 000	−111 000	−102 000	−31 000
Financial Income	13 000	0	102 000	0
Financial Costs	0	0	102 000	0
Financial Balance	13 000	0	0	0
Earnings Before Tax	−15 000	−111 000	−101 000	−31 000
Tax	0	0	0	0
Net Income	−15 000	−111 000	−101 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	25 000	158 000	163 000
Total Current Assets	510 000	542 000	471 000	536 000
Total Assets	510 000	567 000	629 000	698 000
Total Retained Equity	348 000	363 000	474 000	576 000
Total Equity	448 000	463 000	574 000	676 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	63 000	104 000	55 000	23 000
Total Equity and Debt	510 000	567 000	629 000	698 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	74 000	0	135 000	43 000
Other Income	0	0	0	0
Revenue	74 000	0	135 000	43 000
Cost of Goods Sold	0	0	84 000	0
Salary Costs	0	0	0	1 000
Depreciation	0	0	5 000	11 000
Impairment	0	0	0	0
Expenditure	102 000	111 000	236 000	75 000
Operating Profit	−28 000	−111 000	−102 000	−31 000
Financial Income	13 000	0	102 000	0
Financial Costs	0	0	102 000	0
Financial Balance	13 000	0	0	0
Dividends	0	0	0	0
Net Income	−15 000	−111 000	−101 000	−31 000

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	0	0	0	5 000
Total Tangible Assets	0	0	0	5 000
Total Fiancial Fixed Assets	0	25 000	158 000	158 000
Total Fixed Assets	0	25 000	158 000	163 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	462 000	526 000	462 000	536 000
Total Current Assets	510 000	542 000	471 000	536 000
Total Assets	510 000	567 000	629 000	698 000
Total Equity	448 000	463 000	574 000	676 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	10 000	1 000	2 000
Unpaid Taxes	3 000	0	0	4 000
Dividends	0	0	0	0
Other Current Debt	57 000	94 000	54 000	17 000
Total Current Debt	63 000	104 000	55 000	23 000
Total Equity and Debt	510 000	567 000	629 000	698 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,35 %	−23,97 %	−17,6 %	−4,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−37,84 %	-	−75,56 %	−72,09 %
Current Ratio	8,1	5,21	8,56	23,3
Quick Ratio	8,1	5,21	8,56	23,3
Equity Ratio	0,88	0,82	0,91	0,97
Gross Profit Margin	100 %	-	37,78 %	100 %