SIV ING HELGE ANDREASSEN AS

1850 MYSEN

Finances

Share Ownership

Return on Equity

34,4 %

Current Ratio

5,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 396 000	4 131 000	4 116 000	4 913 000
Net Income	1 199 000	963 000	103 000	778 000
Total Assets	4 186 000	3 639 000	2 769 000	3 271 000
Total Equity	3 485 000	2 286 000	1 723 000	1 620 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 396 000	4 131 000	4 116 000	4 913 000
Expenditure	1 866 000	2 922 000	3 968 000	3 922 000
Operating Profit	1 530 000	1 209 000	148 000	991 000
Financial Income	9 000	6 000	5 000	5 000
Financial Costs	1 000	0	2 000	0
Financial Balance	8 000	6 000	3 000	5 000
Earnings Before Tax	1 538 000	1 214 000	152 000	997 000
Tax	338 000	252 000	49 000	219 000
Net Income	1 199 000	963 000	103 000	778 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	478 000	584 000	590 000	106 000
Total Current Assets	3 708 000	3 056 000	2 179 000	3 165 000
Total Assets	4 186 000	3 639 000	2 769 000	3 271 000
Total Retained Equity	3 385 000	2 186 000	1 623 000	1 520 000
Total Equity	3 485 000	2 286 000	1 723 000	1 620 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	701 000	1 354 000	1 046 000	1 650 000
Total Equity and Debt	4 186 000	3 639 000	2 769 000	3 271 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 396 000	4 131 000	4 076 000	4 913 000
Other Income	0	0	40 000	0
Revenue	3 396 000	4 131 000	4 116 000	4 913 000
Cost of Goods Sold	426 000	449 000	473 000	495 000
Salary Costs	467 000	1 178 000	2 299 000	2 359 000
Depreciation	116 000	116 000	107 000	0
Impairment	0	0	0	0
Expenditure	1 866 000	2 922 000	3 968 000	3 922 000
Operating Profit	1 530 000	1 209 000	148 000	991 000
Financial Income	9 000	6 000	5 000	5 000
Financial Costs	1 000	0	2 000	0
Financial Balance	8 000	6 000	3 000	5 000
Dividends	0	400 000	0	500 000
Net Income	1 199 000	963 000	103 000	778 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	233 000	223 000	113 000	106 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	245 000	361 000	477 000	0
Total Tangible Assets	245 000	361 000	477 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	478 000	584 000	590 000	106 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 061 000	1 575 000	911 000	1 865 000
Total Current Assets	3 708 000	3 056 000	2 179 000	3 165 000
Total Assets	4 186 000	3 639 000	2 769 000	3 271 000
Total Equity	3 485 000	2 286 000	1 723 000	1 620 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	110 000	113 000	107 000	165 000
Unpaid Taxes	109 000	106 000	321 000	317 000
Dividends	0	400 000	0	500 000
Other Current Debt	133 000	774 000	561 000	947 000
Total Current Debt	701 000	1 354 000	1 046 000	1 650 000
Total Equity and Debt	4 186 000	3 639 000	2 769 000	3 271 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,4 %	42,13 %	5,98 %	48,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	45,05 %	29,27 %	3,6 %	20,17 %
Current Ratio	5,29	2,26	2,08	1,92
Quick Ratio	5,29	2,26	2,08	1,92
Equity Ratio	0,83	0,63	0,62	0,5
Gross Profit Margin	87,46 %	89,13 %	88,51 %	89,92 %