SYKLERIET AS

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

5,27 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 288 000	9 917 000	10 863 000	7 073 000
Net Income	53 000	345 000	324 000	−147 000
Total Assets	3 139 000	5 051 000	3 168 000	2 646 000
Total Equity	1 005 000	952 000	807 000	483 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 288 000	9 917 000	10 863 000	7 073 000
Expenditure	11 193 000	9 500 000	10 472 000	7 215 000
Operating Profit	95 000	417 000	391 000	−142 000
Financial Income	2 000	2 000	2 000	14 000
Financial Costs	25 000	13 000	0	1 000
Financial Balance	−23 000	−11 000	2 000	13 000
Earnings Before Tax	73 000	406 000	393 000	−129 000
Tax	20 000	61 000	69 000	18 000
Net Income	53 000	345 000	324 000	−147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	248 000	322 000	111 000
Total Current Assets	3 139 000	4 803 000	2 846 000	2 535 000
Total Assets	3 139 000	5 051 000	3 168 000	2 646 000
Total Retained Equity	905 000	852 000	707 000	383 000
Total Equity	1 005 000	952 000	807 000	483 000
Total Long-Term Debt	5 000	439 000	313 000	313 000
Total Current Debt	2 130 000	3 661 000	2 048 000	1 850 000
Total Equity and Debt	3 139 000	5 051 000	3 168 000	2 646 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 232 000	9 916 000	10 863 000	7 073 000
Other Income	56 000	1 000	0	0
Revenue	11 288 000	9 917 000	10 863 000	7 073 000
Cost of Goods Sold	9 431 000	8 148 000	9 220 000	6 080 000
Salary Costs	952 000	673 000	566 000	503 000
Depreciation	51 000	47 000	15 000	6 000
Impairment	0	0	0	0
Expenditure	11 193 000	9 500 000	10 472 000	7 215 000
Operating Profit	95 000	417 000	391 000	−142 000
Financial Income	2 000	2 000	2 000	14 000
Financial Costs	25 000	13 000	0	1 000
Financial Balance	−23 000	−11 000	2 000	13 000
Dividends	0	0	0	0
Net Income	53 000	345 000	324 000	−147 000

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	220 000	267 000	67 000
Total Tangible Assets	0	220 000	267 000	67 000
Total Fiancial Fixed Assets	0	28 000	54 000	44 000
Total Fixed Assets	0	248 000	322 000	111 000
Stock	2 556 000	3 601 000	1 959 000	1 967 000
Total Investments	0	0	0	0
Cash, Bank	420 000	360 000	476 000	165 000
Total Current Assets	3 139 000	4 803 000	2 846 000	2 535 000
Total Assets	3 139 000	5 051 000	3 168 000	2 646 000
Total Equity	1 005 000	952 000	807 000	483 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	439 000	313 000	313 000
Creditors	1 536 000	3 376 000	1 532 000	1 662 000
Unpaid Taxes	294 000	49 000	29 000	142 000
Dividends	0	0	0	0
Other Current Debt	146 000	181 000	417 000	47 000
Total Current Debt	2 130 000	3 661 000	2 048 000	1 850 000
Total Equity and Debt	3 139 000	5 051 000	3 168 000	2 646 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,27 %	36,24 %	40,15 %	−30,43 %
Debt-to-Equity Ratio	0	0,46	0,39	0,65
Operating Profit Margin	0,84 %	4,2 %	3,6 %	−2,01 %
Current Ratio	1,47	1,31	1,39	1,37
Quick Ratio	−7,37	80,05	31,98	−21,67
Equity Ratio	0,32	0,19	0,25	0,18
Gross Profit Margin	16,45 %	17,84 %	15,12 %	14,04 %