TEAM SERVICE 9 SIVERTSEN AS

5106 ØVRE ERVIK

Finances

Share Ownership

Return on Equity

−7,76 %

Current Ratio

3,36

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 768 000	2 457 000	2 612 000	2 457 000
Net Income	−50 000	13 000	−108 000	−2 000
Total Assets	1 138 000	1 307 000	1 261 000	1 215 000
Total Equity	644 000	694 000	681 000	790 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 768 000	2 457 000	2 612 000	2 457 000
Expenditure	1 806 000	2 432 000	2 669 000	2 453 000
Operating Profit	−38 000	24 000	−57 000	4 000
Financial Income	1 000	1 000	2 000	0
Financial Costs	14 000	12 000	11 000	6 000
Financial Balance	−13 000	−11 000	−9 000	−6 000
Earnings Before Tax	−50 000	13 000	−66 000	−2 000
Tax	0	0	42 000	0
Net Income	−50 000	13 000	−108 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	237 000	362 000	497 000	130 000
Total Current Assets	901 000	946 000	764 000	1 085 000
Total Assets	1 138 000	1 307 000	1 261 000	1 215 000
Total Retained Equity	544 000	594 000	581 000	690 000
Total Equity	644 000	694 000	681 000	790 000
Total Long-Term Debt	226 000	307 000	387 000	32 000
Total Current Debt	268 000	306 000	193 000	393 000
Total Equity and Debt	1 138 000	1 307 000	1 261 000	1 215 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 796 000	2 457 000	2 432 000	2 438 000
Other Income	−27 000	0	180 000	19 000
Revenue	1 768 000	2 457 000	2 612 000	2 457 000
Cost of Goods Sold	476 000	974 000	1 291 000	1 070 000
Salary Costs	852 000	843 000	771 000	808 000
Depreciation	83 000	135 000	117 000	124 000
Impairment	0	0	0	0
Expenditure	1 806 000	2 432 000	2 669 000	2 453 000
Operating Profit	−38 000	24 000	−57 000	4 000
Financial Income	1 000	1 000	2 000	0
Financial Costs	14 000	12 000	11 000	6 000
Financial Balance	−13 000	−11 000	−9 000	−6 000
Dividends	0	0	0	0
Net Income	−50 000	13 000	−108 000	−2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	42 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	16 000	33 000
Fixtures	237 000	362 000	481 000	55 000
Total Tangible Assets	237 000	362 000	497 000	88 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	237 000	362 000	497 000	130 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	324 000	526 000	436 000	512 000
Total Current Assets	901 000	946 000	764 000	1 085 000
Total Assets	1 138 000	1 307 000	1 261 000	1 215 000
Total Equity	644 000	694 000	681 000	790 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	226 000	307 000	387 000	32 000
Creditors	21 000	85 000	61 000	158 000
Unpaid Taxes	120 000	142 000	59 000	144 000
Dividends	0	0	0	0
Other Current Debt	128 000	79 000	72 000	77 000
Total Current Debt	268 000	306 000	193 000	393 000
Total Equity and Debt	1 138 000	1 307 000	1 261 000	1 215 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,76 %	1,87 %	−15,86 %	−0,25 %
Debt-to-Equity Ratio	0,35	0,44	0,57	0,04
Operating Profit Margin	−2,15 %	0,98 %	−2,18 %	0,16 %
Current Ratio	3,36	3,09	3,96	2,76
Quick Ratio	3,36	3,09	3,96	2,76
Equity Ratio	0,57	0,53	0,54	0,65
Gross Profit Margin	73,08 %	60,36 %	50,57 %	56,45 %