SINNES HOLDING AS

4020 STAVANGER

Finances

Share Ownership

Return on Equity

−71 %

Current Ratio

0,2

Debt-to-Equity Ratio

1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	535 000	2 040 000	617 000	817 000
Net Income	−879 000	1 608 000	23 000	317 000
Total Assets	4 965 000	6 030 000	6 246 000	6 752 000
Total Equity	1 238 000	2 117 000	509 000	486 000

Income (NOK)	2022	2021	2020	2019
Revenue	535 000	2 040 000	617 000	817 000
Expenditure	1 340 000	361 000	493 000	363 000
Operating Profit	−805 000	1 679 000	124 000	455 000
Financial Income	5 000	5 000	4 000	0
Financial Costs	78 000	76 000	105 000	137 000
Financial Balance	−73 000	−71 000	−101 000	−137 000
Earnings Before Tax	−879 000	1 608 000	23 000	317 000
Tax	0	0	0	0
Net Income	−879 000	1 608 000	23 000	317 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 575 000	4 897 000	5 819 000	6 123 000
Total Current Assets	389 000	1 133 000	427 000	628 000
Total Assets	4 965 000	6 030 000	6 246 000	6 752 000
Total Retained Equity	0	0	−2 591 000	−2 614 000
Total Equity	1 238 000	2 117 000	509 000	486 000
Total Long-Term Debt	1 820 000	2 108 000	2 730 000	3 110 000
Total Current Debt	1 907 000	1 805 000	3 007 000	3 156 000
Total Equity and Debt	4 965 000	6 030 000	6 246 000	6 752 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	535 000	466 000	0	0
Other Income	0	1 575 000	617 000	817 000
Revenue	535 000	2 040 000	617 000	817 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	232 000	232 000	304 000	304 000
Impairment	0	0	0	0
Expenditure	1 340 000	361 000	493 000	363 000
Operating Profit	−805 000	1 679 000	124 000	455 000
Financial Income	5 000	5 000	4 000	0
Financial Costs	78 000	76 000	105 000	137 000
Financial Balance	−73 000	−71 000	−101 000	−137 000
Dividends	0	0	0	0
Net Income	−879 000	1 608 000	23 000	317 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 202 000	4 403 000	5 530 000	5 804 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	138 000	168 000	198 000	228 000
Total Tangible Assets	4 339 000	4 571 000	5 728 000	6 031 000
Total Fiancial Fixed Assets	236 000	326 000	92 000	92 000
Total Fixed Assets	4 575 000	4 897 000	5 819 000	6 123 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	183 000	32 000	224 000	60 000
Total Current Assets	389 000	1 133 000	427 000	628 000
Total Assets	4 965 000	6 030 000	6 246 000	6 752 000
Total Equity	1 238 000	2 117 000	509 000	486 000
Short-Term Group Debt	0	0	1 090 000	0
Total Long-Term Debt	1 820 000	2 108 000	2 730 000	3 110 000
Creditors	199 000	97 000	110 000	115 000
Unpaid Taxes	0	0	0	18 000
Dividends	0	0	0	0
Other Current Debt	1 707 000	1 709 000	1 807 000	3 023 000
Total Current Debt	1 907 000	1 805 000	3 007 000	3 156 000
Total Equity and Debt	4 965 000	6 030 000	6 246 000	6 752 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71 %	75,96 %	4,52 %	65,23 %
Debt-to-Equity Ratio	1,47	1	5,36	6,4
Operating Profit Margin	−150,47 %	82,3 %	20,1 %	55,69 %
Current Ratio	0,2	0,63	0,14	0,2
Quick Ratio	0,2	0,63	0,14	0,2
Equity Ratio	0,25	0,35	0,08	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %