SIEM HOLDING AS

4050 SOLA

Finances

Return on Equity

0,2 %

Current Ratio

8,05

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	715 000	0	0	37 000
Net Income	2 000	65 000	−139 000	−126 000
Total Assets	1 729 000	1 120 000	247 000	445 000
Total Equity	1 018 000	189 000	124 000	263 000

Income (NOK)	2022	2021	2020	2019
Revenue	715 000	0	0	37 000
Expenditure	714 000	65 000	135 000	81 000
Operating Profit	1 000	−65 000	−135 000	−44 000
Financial Income	42 000	161 000	0	0
Financial Costs	41 000	31 000	4 000	83 000
Financial Balance	1 000	130 000	−4 000	−83 000
Earnings Before Tax	2 000	65 000	−139 000	−126 000
Tax	0	0	0	0
Net Income	2 000	65 000	−139 000	−126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	280 000	280 000	100 000	374 000
Total Current Assets	1 449 000	840 000	147 000	71 000
Total Assets	1 729 000	1 120 000	247 000	445 000
Total Retained Equity	818 000	−11 000	−76 000	63 000
Total Equity	1 018 000	189 000	124 000	263 000
Total Long-Term Debt	530 000	710 000	90 000	113 000
Total Current Debt	180 000	221 000	33 000	70 000
Total Equity and Debt	1 729 000	1 120 000	247 000	445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	715 000	0	0	37 000
Other Income	0	0	0	0
Revenue	715 000	0	0	37 000
Cost of Goods Sold	0	0	0	32 000
Salary Costs	608 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	714 000	65 000	135 000	81 000
Operating Profit	1 000	−65 000	−135 000	−44 000
Financial Income	42 000	161 000	0	0
Financial Costs	41 000	31 000	4 000	83 000
Financial Balance	1 000	130 000	−4 000	−83 000
Dividends	0	0	0	0
Net Income	2 000	65 000	−139 000	−126 000

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	280 000	280 000	100 000	374 000
Total Fixed Assets	280 000	280 000	100 000	374 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	72 000	313 000	146 000	69 000
Total Current Assets	1 449 000	840 000	147 000	71 000
Total Assets	1 729 000	1 120 000	247 000	445 000
Total Equity	1 018 000	189 000	124 000	263 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	530 000	710 000	90 000	113 000
Creditors	15 000	6 000	5 000	13 000
Unpaid Taxes	48 000	0	8 000	0
Dividends	0	0	0	0
Other Current Debt	117 000	215 000	20 000	57 000
Total Current Debt	180 000	221 000	33 000	70 000
Total Equity and Debt	1 729 000	1 120 000	247 000	445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,2 %	34,39 %	−112,1 %	−47,91 %
Debt-to-Equity Ratio	0,52	3,76	0,73	0,43
Operating Profit Margin	0,14 %	-	-	−118,92 %
Current Ratio	8,05	3,8	4,45	1,01
Quick Ratio	8,05	3,8	4,45	1,01
Equity Ratio	0,59	0,17	0,5	0,59
Gross Profit Margin	100 %	-	-	13,51 %