SIPAN AS

7609 LEVANGER

Finances

Return on Equity

12,2 %

Current Ratio

96,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	236 000	322 000	843 000	1 761 000
Net Income	762 000	591 000	388 000	2 846 000
Total Assets	6 297 000	5 537 000	5 009 000	5 070 000
Total Equity	6 244 000	5 482 000	4 891 000	4 574 000

Income (NOK)	2022	2021	2020	2019
Revenue	236 000	322 000	843 000	1 761 000
Expenditure	92 000	280 000	746 000	1 442 000
Operating Profit	144 000	43 000	96 000	319 000
Financial Income	871 000	562 000	328 000	2 607 000
Financial Costs	215 000	0	7 000	1 000
Financial Balance	656 000	562 000	321 000	2 606 000
Earnings Before Tax	800 000	604 000	417 000	2 925 000
Tax	38 000	14 000	29 000	78 000
Net Income	762 000	591 000	388 000	2 846 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 549 000	1 549 000	1 549 000	49 000
Total Current Assets	4 748 000	3 988 000	3 460 000	5 021 000
Total Assets	6 297 000	5 537 000	5 009 000	5 070 000
Total Retained Equity	6 214 000	5 452 000	4 861 000	4 474 000
Total Equity	6 244 000	5 482 000	4 891 000	4 574 000
Total Long-Term Debt	4 000	5 000	6 000	8 000
Total Current Debt	49 000	50 000	112 000	488 000
Total Equity and Debt	6 297 000	5 537 000	5 009 000	5 070 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	236 000	322 000	843 000	1 761 000
Other Income	0	0	0	0
Revenue	236 000	322 000	843 000	1 761 000
Cost of Goods Sold	1 000	75 000	155 000	0
Salary Costs	2 000	78 000	509 000	987 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	92 000	280 000	746 000	1 442 000
Operating Profit	144 000	43 000	96 000	319 000
Financial Income	871 000	562 000	328 000	2 607 000
Financial Costs	215 000	0	7 000	1 000
Financial Balance	656 000	562 000	321 000	2 606 000
Dividends	0	0	0	0
Net Income	762 000	591 000	388 000	2 846 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 549 000	1 549 000	1 549 000	49 000
Total Fixed Assets	1 549 000	1 549 000	1 549 000	49 000
Stock	0	0	0	0
Total Investments	2 373 000	2 602 000	993 000	0
Cash, Bank	2 347 000	1 350 000	2 438 000	4 716 000
Total Current Assets	4 748 000	3 988 000	3 460 000	5 021 000
Total Assets	6 297 000	5 537 000	5 009 000	5 070 000
Total Equity	6 244 000	5 482 000	4 891 000	4 574 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	5 000	6 000	8 000
Creditors	3 000	12 000	5 000	70 000
Unpaid Taxes	7 000	16 000	35 000	176 000
Dividends	0	0	0	0
Other Current Debt	0	6 000	41 000	159 000
Total Current Debt	49 000	50 000	112 000	488 000
Total Equity and Debt	6 297 000	5 537 000	5 009 000	5 070 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,2 %	10,78 %	7,93 %	62,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	61,02 %	13,35 %	11,39 %	18,11 %
Current Ratio	96,9	79,76	30,89	10,29
Quick Ratio	96,9	79,76	30,89	10,29
Equity Ratio	0,99	0,99	0,98	0,9
Gross Profit Margin	99,58 %	76,71 %	81,61 %	100 %