SYTAN AS

3510 HØNEFOSS

Finances

Return on Equity

−17,3 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 295 000	1 292 000	1 271 000	1 385 000
Net Income	−82 000	−130 000	−466 000	−86 000
Total Assets	1 744 000	1 866 000	2 110 000	2 435 000
Total Equity	474 000	556 000	686 000	1 152 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 295 000	1 292 000	1 271 000	1 385 000
Expenditure	1 482 000	1 481 000	1 669 000	1 542 000
Operating Profit	−187 000	−189 000	−398 000	−157 000
Financial Income	105 000	59 000	59 000	97 000
Financial Costs	0	0	127 000	26 000
Financial Balance	105 000	59 000	−68 000	71 000
Earnings Before Tax	−82 000	−130 000	−466 000	−86 000
Tax	0	0	0	0
Net Income	−82 000	−130 000	−466 000	−86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 744 000	1 866 000	2 110 000	2 435 000
Total Assets	1 744 000	1 866 000	2 110 000	2 435 000
Total Retained Equity	422 000	504 000	634 000	1 100 000
Total Equity	474 000	556 000	686 000	1 152 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 271 000	1 310 000	1 424 000	1 283 000
Total Equity and Debt	1 744 000	1 866 000	2 110 000	2 435 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 295 000	1 292 000	1 271 000	1 385 000
Other Income	0	0	0	0
Revenue	1 295 000	1 292 000	1 271 000	1 385 000
Cost of Goods Sold	197 000	177 000	205 000	148 000
Salary Costs	975 000	1 046 000	1 162 000	1 084 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 482 000	1 481 000	1 669 000	1 542 000
Operating Profit	−187 000	−189 000	−398 000	−157 000
Financial Income	105 000	59 000	59 000	97 000
Financial Costs	0	0	127 000	26 000
Financial Balance	105 000	59 000	−68 000	71 000
Dividends	0	0	0	0
Net Income	−82 000	−130 000	−466 000	−86 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	15 000	15 000	15 000	15 000
Total Investments	1 175 000	1 174 000	1 130 000	1 104 000
Cash, Bank	458 000	607 000	906 000	1 256 000
Total Current Assets	1 744 000	1 866 000	2 110 000	2 435 000
Total Assets	1 744 000	1 866 000	2 110 000	2 435 000
Total Equity	474 000	556 000	686 000	1 152 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	0	5 000	0
Unpaid Taxes	69 000	114 000	208 000	83 000
Dividends	0	0	0	0
Other Current Debt	1 192 000	1 196 000	1 212 000	1 201 000
Total Current Debt	1 271 000	1 310 000	1 424 000	1 283 000
Total Equity and Debt	1 744 000	1 866 000	2 110 000	2 435 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,3 %	−23,38 %	−67,93 %	−7,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−14,44 %	−14,63 %	−31,31 %	−11,34 %
Current Ratio	1,37	1,42	1,48	1,9
Quick Ratio	1,39	1,44	1,5	1,92
Equity Ratio	0,27	0,3	0,33	0,47
Gross Profit Margin	84,79 %	86,3 %	83,87 %	89,31 %