SYKKELSPORT AS

4838 ARENDAL

Finances

Share Ownership

Return on Equity

14,43 %

Current Ratio

2,99

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 442 000	17 837 000	18 538 000	13 463 000
Net Income	1 326 000	2 074 000	2 326 000	254 000
Total Assets	16 718 000	12 447 000	11 374 000	8 522 000
Total Equity	9 192 000	7 866 000	6 291 000	4 165 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 442 000	17 837 000	18 538 000	13 463 000
Expenditure	16 732 000	15 197 000	15 573 000	13 213 000
Operating Profit	1 710 000	2 641 000	2 966 000	249 000
Financial Income	9 000	13 000	7 000	5 000
Financial Costs	11 000	1 000	1 000	1 000
Financial Balance	−2 000	12 000	6 000	4 000
Earnings Before Tax	1 707 000	2 653 000	2 972 000	254 000
Tax	381 000	579 000	647 000	0
Net Income	1 326 000	2 074 000	2 326 000	254 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	178 000	121 000	66 000	83 000
Total Current Assets	16 540 000	12 327 000	11 308 000	8 440 000
Total Assets	16 718 000	12 447 000	11 374 000	8 522 000
Total Retained Equity	9 092 000	7 766 000	6 191 000	4 065 000
Total Equity	9 192 000	7 866 000	6 291 000	4 165 000
Total Long-Term Debt	2 000 000	0	0	0
Total Current Debt	5 527 000	4 582 000	5 083 000	4 357 000
Total Equity and Debt	16 718 000	12 447 000	11 374 000	8 522 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 442 000	17 837 000	18 537 000	13 455 000
Other Income	0	0	1 000	8 000
Revenue	18 442 000	17 837 000	18 538 000	13 463 000
Cost of Goods Sold	11 391 000	10 755 000	12 339 000	8 679 000
Salary Costs	3 506 000	2 954 000	1 982 000	3 231 000
Depreciation	52 000	16 000	17 000	21 000
Impairment	0	0	0	0
Expenditure	16 732 000	15 197 000	15 573 000	13 213 000
Operating Profit	1 710 000	2 641 000	2 966 000	249 000
Financial Income	9 000	13 000	7 000	5 000
Financial Costs	11 000	1 000	1 000	1 000
Financial Balance	−2 000	12 000	6 000	4 000
Dividends	0	500 000	200 000	0
Net Income	1 326 000	2 074 000	2 326 000	254 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 000	9 000	12 000	15 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	171 000	111 000	54 000	68 000
Total Tangible Assets	178 000	121 000	66 000	83 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	178 000	121 000	66 000	83 000
Stock	13 645 000	8 339 000	5 234 000	7 002 000
Total Investments	0	0	0	0
Cash, Bank	2 875 000	3 613 000	5 879 000	1 359 000
Total Current Assets	16 540 000	12 327 000	11 308 000	8 440 000
Total Assets	16 718 000	12 447 000	11 374 000	8 522 000
Total Equity	9 192 000	7 866 000	6 291 000	4 165 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000 000	0	0	0
Creditors	3 698 000	2 692 000	3 632 000	2 967 000
Unpaid Taxes	225 000	161 000	271 000	290 000
Dividends	0	500 000	200 000	0
Other Current Debt	1 223 000	650 000	334 000	1 100 000
Total Current Debt	5 527 000	4 582 000	5 083 000	4 357 000
Total Equity and Debt	16 718 000	12 447 000	11 374 000	8 522 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,43 %	26,37 %	36,97 %	6,1 %
Debt-to-Equity Ratio	0,22	0	0	0
Operating Profit Margin	9,27 %	14,81 %	16 %	1,85 %
Current Ratio	2,99	2,69	2,22	1,94
Quick Ratio	−2,04	−3,28	−74,89	−3,19
Equity Ratio	0,55	0,63	0,55	0,49
Gross Profit Margin	38,23 %	39,7 %	33,44 %	35,53 %