SUNDMANN AS

8384 SUND I LOFOTEN

Finances

Share Ownership

Return on Equity

53,01 %

Current Ratio

3,34

Debt-to-Equity Ratio

11,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 094 000	783 000	874 000	1 222 000
Net Income	88 000	−357 000	−41 000	−153 000
Total Assets	2 220 000	2 215 000	2 479 000	2 256 000
Total Equity	166 000	79 000	435 000	476 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 094 000	783 000	874 000	1 222 000
Expenditure	930 000	1 072 000	860 000	1 344 000
Operating Profit	163 000	−289 000	15 000	−122 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	79 000	78 000	70 000	77 000
Financial Balance	−76 000	−75 000	−67 000	−74 000
Earnings Before Tax	88 000	−365 000	−53 000	−197 000
Tax	0	−8 000	−12 000	−43 000
Net Income	88 000	−357 000	−41 000	−153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 816 000	1 958 000	2 100 000	2 154 000
Total Current Assets	404 000	258 000	379 000	102 000
Total Assets	2 220 000	2 215 000	2 479 000	2 256 000
Total Retained Equity	−236 000	−324 000	33 000	74 000
Total Equity	166 000	79 000	435 000	476 000
Total Long-Term Debt	1 933 000	2 055 000	1 785 000	1 727 000
Total Current Debt	121 000	82 000	259 000	52 000
Total Equity and Debt	2 220 000	2 215 000	2 479 000	2 256 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 094 000	783 000	874 000	1 222 000
Other Income	0	0	0	0
Revenue	1 094 000	783 000	874 000	1 222 000
Cost of Goods Sold	0	0	0	0
Salary Costs	538 000	380 000	490 000	756 000
Depreciation	142 000	142 000	135 000	134 000
Impairment	0	0	0	0
Expenditure	930 000	1 072 000	860 000	1 344 000
Operating Profit	163 000	−289 000	15 000	−122 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	79 000	78 000	70 000	77 000
Financial Balance	−76 000	−75 000	−67 000	−74 000
Dividends	0	0	0	0
Net Income	88 000	−357 000	−41 000	−153 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	500 000	500 000	500 000	500 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 316 000	1 458 000	1 600 000	1 654 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 816 000	1 958 000	2 100 000	2 154 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	362 000	179 000	354 000	70 000
Total Current Assets	404 000	258 000	379 000	102 000
Total Assets	2 220 000	2 215 000	2 479 000	2 256 000
Total Equity	166 000	79 000	435 000	476 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 933 000	2 055 000	1 785 000	1 727 000
Creditors	30 000	66 000	135 000	1 000
Unpaid Taxes	91 000	0	61 000	27 000
Dividends	0	0	0	0
Other Current Debt	0	15 000	63 000	24 000
Total Current Debt	121 000	82 000	259 000	52 000
Total Equity and Debt	2 220 000	2 215 000	2 479 000	2 256 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,01 %	−451,9 %	−9,43 %	−32,14 %
Debt-to-Equity Ratio	11,64	26,01	4,1	3,63
Operating Profit Margin	14,9 %	−36,91 %	1,72 %	−9,98 %
Current Ratio	3,34	3,15	1,46	1,96
Quick Ratio	3,34	3,15	1,46	1,96
Equity Ratio	0,07	0,04	0,18	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %