SFS GROUP AS

4033 STAVANGER

Finances

Return on Equity

111,97 %

Current Ratio

2,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 425 000	3 447 000	2 730 000	22 596 000
Net Income	23 983 000	1 204 000	−11 552 000	16 551 000
Total Assets	29 925 000	3 238 000	1 026 000	32 684 000
Total Equity	21 419 000	1 936 000	316 000	16 546 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 425 000	3 447 000	2 730 000	22 596 000
Expenditure	1 626 000	1 917 000	3 581 000	1 553 000
Operating Profit	16 799 000	1 531 000	−851 000	21 042 000
Financial Income	56 000	0	3 000	44 000
Financial Costs	−10 837 000	0	10 858 000	1 000
Financial Balance	10 893 000	0	−10 855 000	43 000
Earnings Before Tax	27 692 000	1 531 000	−11 706 000	21 086 000
Tax	3 708 000	327 000	−154 000	4 535 000
Net Income	23 983 000	1 204 000	−11 552 000	16 551 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 152 000	297 000	216 000	11 093 000
Total Current Assets	18 773 000	2 941 000	810 000	21 592 000
Total Assets	29 925 000	3 238 000	1 026 000	32 684 000
Total Retained Equity	20 857 000	1 374 000	216 000	16 446 000
Total Equity	21 419 000	1 936 000	316 000	16 546 000
Total Long-Term Debt	0	0	500 000	529 000
Total Current Debt	8 506 000	1 302 000	209 000	15 609 000
Total Equity and Debt	29 925 000	3 238 000	1 026 000	32 684 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	832 000	501 000	2 532 000	1 096 000
Other Income	17 592 000	2 946 000	197 000	21 500 000
Revenue	18 425 000	3 447 000	2 730 000	22 596 000
Cost of Goods Sold	587 000	300 000	2 559 000	1 054 000
Salary Costs	104 000	120 000	0	0
Depreciation	0	0	0	40 000
Impairment	0	0	0	0
Expenditure	1 626 000	1 917 000	3 581 000	1 553 000
Operating Profit	16 799 000	1 531 000	−851 000	21 042 000
Financial Income	56 000	0	3 000	44 000
Financial Costs	−10 837 000	0	10 858 000	1 000
Financial Balance	10 893 000	0	−10 855 000	43 000
Dividends	4 500 000	0	0	0
Net Income	23 983 000	1 204 000	−11 552 000	16 551 000

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	11 152 000	297 000	216 000	11 093 000
Total Fixed Assets	11 152 000	297 000	216 000	11 093 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 103 000	1 621 000	621 000	848 000
Total Current Assets	18 773 000	2 941 000	810 000	21 592 000
Total Assets	29 925 000	3 238 000	1 026 000	32 684 000
Total Equity	21 419 000	1 936 000	316 000	16 546 000
Short-Term Group Debt	0	0	0	2 925 000
Total Long-Term Debt	0	0	500 000	529 000
Creditors	197 000	431 000	184 000	38 000
Unpaid Taxes	16 000	544 000	0	14 000
Dividends	4 500 000	0	0	0
Other Current Debt	84 000	0	25 000	8 098 000
Total Current Debt	8 506 000	1 302 000	209 000	15 609 000
Total Equity and Debt	29 925 000	3 238 000	1 026 000	32 684 000

Financial indicators	2022	2021	2020	2019
Return on Equity	111,97 %	62,19 %	−3 655,7 %	100,03 %
Debt-to-Equity Ratio	0	0	1,58	0,03
Operating Profit Margin	91,18 %	44,42 %	−31,17 %	93,12 %
Current Ratio	2,21	2,26	3,88	1,38
Quick Ratio	2,21	2,26	3,88	1,38
Equity Ratio	0,72	0,6	0,31	0,51
Gross Profit Margin	96,81 %	91,3 %	6,26 %	95,34 %