SIPCOM LTD NUF

1358 JAR

Finances

Return on Equity

−18,96 %

Current Ratio

10,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	819 000	832 000	818 000	743 000
Net Income	−171 000	67 000	182 000	120 000
Total Assets	988 000	1 121 000	1 108 000	936 000
Total Equity	902 000	1 073 000	987 000	754 000

Income (NOK)	2022	2021	2020	2019
Revenue	819 000	832 000	818 000	743 000
Expenditure	988 000	746 000	585 000	836 000
Operating Profit	−169 000	86 000	234 000	−92 000
Financial Income	0	0	0	247 000
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	247 000
Earnings Before Tax	−171 000	86 000	233 000	154 000
Tax	0	19 000	51 000	34 000
Net Income	−171 000	67 000	182 000	120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	98 000	0	0	0
Total Current Assets	890 000	1 121 000	1 108 000	936 000
Total Assets	988 000	1 121 000	1 108 000	936 000
Total Retained Equity	−171 000	0	0	753 000
Total Equity	902 000	1 073 000	987 000	754 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	85 000	48 000	121 000	182 000
Total Equity and Debt	988 000	1 121 000	1 108 000	936 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	819 000	832 000	818 000	743 000
Other Income	0	0	0	0
Revenue	819 000	832 000	818 000	743 000
Cost of Goods Sold	0	1 000	0	0
Salary Costs	920 000	368 000	505 000	716 000
Depreciation	0	377 000	0	0
Impairment	0	0	0	0
Expenditure	988 000	746 000	585 000	836 000
Operating Profit	−169 000	86 000	234 000	−92 000
Financial Income	0	0	0	247 000
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	247 000
Dividends	0	0	0	0
Net Income	−171 000	67 000	182 000	120 000

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	98 000	0	0	0
Total Tangible Assets	98 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	98 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	806 000	1 030 000	1 108 000	921 000
Total Current Assets	890 000	1 121 000	1 108 000	936 000
Total Assets	988 000	1 121 000	1 108 000	936 000
Total Equity	902 000	1 073 000	987 000	754 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	39 000	41 000	16 000
Unpaid Taxes	102 000	58 000	65 000	99 000
Dividends	0	0	0	0
Other Current Debt	86 000	35 000	47 000	67 000
Total Current Debt	85 000	48 000	121 000	182 000
Total Equity and Debt	988 000	1 121 000	1 108 000	936 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,96 %	6,24 %	18,44 %	15,92 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−20,63 %	10,34 %	28,61 %	−12,38 %
Current Ratio	10,47	23,35	9,16	5,14
Quick Ratio	10,47	23,35	9,16	5,14
Equity Ratio	0,91	0,96	0,89	0,81
Gross Profit Margin	100 %	99,88 %	100 %	100 %