SINCOS SOFTWARE AS

7900 RØRVIK

Finances

Share Ownership

Return on Equity

−29,52 %

Current Ratio

0,27

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 708 000	37 293 000	25 768 000	16 515 000
Net Income	−2 765 000	149 000	459 000	4 000
Total Assets	26 701 000	26 295 000	27 007 000	23 495 000
Total Equity	9 365 000	12 130 000	11 981 000	11 522 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 708 000	37 293 000	25 768 000	16 515 000
Expenditure	42 899 000	36 676 000	24 692 000	17 201 000
Operating Profit	−3 190 000	616 000	1 075 000	−687 000
Financial Income	19 000	18 000	43 000	49 000
Financial Costs	373 000	442 000	524 000	386 000
Financial Balance	−354 000	−424 000	−481 000	−337 000
Earnings Before Tax	−3 545 000	192 000	594 000	−1 024 000
Tax	−780 000	43 000	135 000	−1 027 000
Net Income	−2 765 000	149 000	459 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 452 000	21 493 000	21 574 000	20 519 000
Total Current Assets	3 250 000	4 802 000	5 433 000	2 975 000
Total Assets	26 701 000	26 295 000	27 007 000	23 495 000
Total Retained Equity	5 015 000	7 780 000	7 631 000	7 172 000
Total Equity	9 365 000	12 130 000	11 981 000	11 522 000
Total Long-Term Debt	5 387 000	6 883 000	8 530 000	5 531 000
Total Current Debt	11 949 000	7 282 000	6 496 000	6 441 000
Total Equity and Debt	26 701 000	26 295 000	27 007 000	23 495 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 990 000	30 465 000	19 730 000	13 106 000
Other Income	3 718 000	6 828 000	6 037 000	3 408 000
Revenue	39 708 000	37 293 000	25 768 000	16 515 000
Cost of Goods Sold	16 597 000	14 929 000	5 407 000	0
Salary Costs	10 542 000	9 766 000	9 640 000	9 399 000
Depreciation	2 460 000	154 000	176 000	211 000
Impairment	0	0	116 000	0
Expenditure	42 899 000	36 676 000	24 692 000	17 201 000
Operating Profit	−3 190 000	616 000	1 075 000	−687 000
Financial Income	19 000	18 000	43 000	49 000
Financial Costs	373 000	442 000	524 000	386 000
Financial Balance	−354 000	−424 000	−481 000	−337 000
Dividends	0	0	0	0
Net Income	−2 765 000	149 000	459 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 011 000	20 961 000	20 925 000	19 676 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	104 000	222 000	398 000
Total Tangible Assets	13 000	104 000	222 000	398 000
Total Fiancial Fixed Assets	427 000	427 000	427 000	445 000
Total Fixed Assets	23 452 000	21 493 000	21 574 000	20 519 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	938 000	992 000	1 698 000	1 661 000
Total Current Assets	3 250 000	4 802 000	5 433 000	2 975 000
Total Assets	26 701 000	26 295 000	27 007 000	23 495 000
Total Equity	9 365 000	12 130 000	11 981 000	11 522 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 387 000	6 883 000	8 530 000	5 531 000
Creditors	2 315 000	1 705 000	1 281 000	2 698 000
Unpaid Taxes	880 000	849 000	882 000	504 000
Dividends	0	0	0	0
Other Current Debt	8 754 000	4 648 000	4 333 000	3 240 000
Total Current Debt	11 949 000	7 282 000	6 496 000	6 441 000
Total Equity and Debt	26 701 000	26 295 000	27 007 000	23 495 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,52 %	1,23 %	3,83 %	0,03 %
Debt-to-Equity Ratio	0,58	0,57	0,71	0,48
Operating Profit Margin	−8,03 %	1,65 %	4,17 %	−4,16 %
Current Ratio	0,27	0,66	0,84	0,46
Quick Ratio	0,27	0,66	0,84	0,46
Equity Ratio	0,35	0,46	0,44	0,49
Gross Profit Margin	58,2 %	59,97 %	79,02 %	100 %