SIRKULA NÆRING AS

2320 FURNES

Finances

Return on Equity

11,48 %

Current Ratio

7,76

Debt-to-Equity Ratio

0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 977 000	2 431 000	1 812 000	1 015 000
Net Income	3 171 000	1 234 000	1 239 000	1 067 000
Total Assets	47 843 000	48 509 000	51 538 000	40 021 000
Total Equity	27 629 000	24 457 000	23 223 000	21 984 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 977 000	2 431 000	1 812 000	1 015 000
Expenditure	1 627 000	1 874 000	1 151 000	954 000
Operating Profit	1 349 000	556 000	660 000	61 000
Financial Income	2 844 000	1 417 000	1 454 000	1 474 000
Financial Costs	893 000	774 000	908 000	551 000
Financial Balance	1 951 000	643 000	546 000	923 000
Earnings Before Tax	3 299 000	1 199 000	1 206 000	985 000
Tax	128 000	−35 000	−33 000	−82 000
Net Income	3 171 000	1 234 000	1 239 000	1 067 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 281 000	45 383 000	46 366 000	35 018 000
Total Current Assets	3 562 000	3 125 000	5 172 000	5 003 000
Total Assets	47 843 000	48 509 000	51 538 000	40 021 000
Total Retained Equity	12 221 000	9 050 000	7 815 000	6 576 000
Total Equity	27 629 000	24 457 000	23 223 000	21 984 000
Total Long-Term Debt	19 755 000	23 416 000	27 983 000	16 373 000
Total Current Debt	459 000	635 000	332 000	1 664 000
Total Equity and Debt	47 843 000	48 509 000	51 538 000	40 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 874 000	2 431 000	1 812 000	1 015 000
Other Income	103 000	0	0	0
Revenue	2 977 000	2 431 000	1 812 000	1 015 000
Cost of Goods Sold	92 000	88 000	0	0
Salary Costs	68 000	68 000	85 000	48 000
Depreciation	1 102 000	1 093 000	752 000	284 000
Impairment	0	0	0	0
Expenditure	1 627 000	1 874 000	1 151 000	954 000
Operating Profit	1 349 000	556 000	660 000	61 000
Financial Income	2 844 000	1 417 000	1 454 000	1 474 000
Financial Costs	893 000	774 000	908 000	551 000
Financial Balance	1 951 000	643 000	546 000	923 000
Dividends	0	0	0	373 000
Net Income	3 171 000	1 234 000	1 239 000	1 067 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	37 211 000	38 069 000	39 176 000	30 566 000
Machinery and Plant Facilities	3 121 000	3 365 000	3 241 000	490 000
Fixtures	0	0	0	0
Total Tangible Assets	40 332 000	41 434 000	42 417 000	31 055 000
Total Fiancial Fixed Assets	3 949 000	3 949 000	3 949 000	3 962 000
Total Fixed Assets	44 281 000	45 383 000	46 366 000	35 018 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 869 000	3 040 000	3 588 000	4 521 000
Total Current Assets	3 562 000	3 125 000	5 172 000	5 003 000
Total Assets	47 843 000	48 509 000	51 538 000	40 021 000
Total Equity	27 629 000	24 457 000	23 223 000	21 984 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 755 000	23 416 000	27 983 000	16 373 000
Creditors	23 000	396 000	250 000	1 214 000
Unpaid Taxes	113 000	0	0	0
Dividends	0	0	0	373 000
Other Current Debt	63 000	155 000	73 000	78 000
Total Current Debt	459 000	635 000	332 000	1 664 000
Total Equity and Debt	47 843 000	48 509 000	51 538 000	40 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,48 %	5,05 %	5,34 %	4,85 %
Debt-to-Equity Ratio	0,72	0,96	1,2	0,74
Operating Profit Margin	45,31 %	22,87 %	36,42 %	6,01 %
Current Ratio	7,76	4,92	15,58	3,01
Quick Ratio	7,76	4,92	15,58	3,01
Equity Ratio	0,58	0,5	0,45	0,55
Gross Profit Margin	96,91 %	96,38 %	100 %	100 %