SIFERO AS

9307 FINNSNES

Finances

Share Ownership

Return on Equity

−462,16 %

Current Ratio

1,7

Debt-to-Equity Ratio

−11,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 690 000	831 000	459 000	650 000
Net Income	171 000	179 000	30 000	53 000
Total Assets	914 000	503 000	236 000	290 000
Total Equity	−37 000	−208 000	−387 000	−417 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 690 000	831 000	459 000	650 000
Expenditure	1 470 000	602 000	420 000	716 000
Operating Profit	220 000	230 000	39 000	−66 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	220 000	230 000	39 000	−66 000
Tax	48 000	50 000	9 000	−119 000
Net Income	171 000	179 000	30 000	53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	60 000	110 000	119 000
Total Current Assets	902 000	443 000	126 000	171 000
Total Assets	914 000	503 000	236 000	290 000
Total Retained Equity	−137 000	−308 000	−487 000	−517 000
Total Equity	−37 000	−208 000	−387 000	−417 000
Total Long-Term Debt	418 000	348 000	368 000	330 000
Total Current Debt	532 000	363 000	255 000	378 000
Total Equity and Debt	914 000	503 000	236 000	290 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 690 000	831 000	459 000	650 000
Other Income	0	0	0	0
Revenue	1 690 000	831 000	459 000	650 000
Cost of Goods Sold	4 000	2 000	2 000	1 000
Salary Costs	1 187 000	412 000	265 000	557 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 470 000	602 000	420 000	716 000
Operating Profit	220 000	230 000	39 000	−66 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	171 000	179 000	30 000	53 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	60 000	110 000	119 000
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	11 000	60 000	110 000	119 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	828 000	211 000	102 000	135 000
Total Current Assets	902 000	443 000	126 000	171 000
Total Assets	914 000	503 000	236 000	290 000
Total Equity	−37 000	−208 000	−387 000	−417 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	418 000	348 000	368 000	330 000
Creditors	0	0	0	2 000
Unpaid Taxes	436 000	217 000	71 000	154 000
Dividends	0	0	0	0
Other Current Debt	96 000	146 000	184 000	222 000
Total Current Debt	532 000	363 000	255 000	378 000
Total Equity and Debt	914 000	503 000	236 000	290 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−462,16 %	−86,06 %	−7,75 %	−12,71 %
Debt-to-Equity Ratio	−11,3	−1,67	−0,95	−0,79
Operating Profit Margin	13,02 %	27,68 %	8,5 %	−10,15 %
Current Ratio	1,7	1,22	0,49	0,45
Quick Ratio	1,7	1,22	0,49	0,45
Equity Ratio	−0,04	−0,41	−1,64	−1,44
Gross Profit Margin	99,76 %	99,76 %	99,56 %	99,85 %