SIGNALTECH AS

5306 ERDAL

Finances

Share Ownership

Return on Equity

−10,22 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	4 626 000	6 663 000	5 240 000	3 590 000
Net Income	−88 000	−230 000	506 000	−723 000
Total Assets	2 806 000	2 702 000	1 972 000	1 812 000
Total Equity	861 000	1 039 000	1 268 000	763 000

Income (NOK)	2021	2020	2019	2018
Revenue	4 626 000	6 663 000	5 240 000	3 590 000
Expenditure	4 728 000	6 930 000	4 583 000	4 509 000
Operating Profit	−102 000	−268 000	657 000	−920 000
Financial Income	0	3 000	4 000	4 000
Financial Costs	10 000	25 000	11 000	8 000
Financial Balance	−10 000	−22 000	−7 000	−4 000
Earnings Before Tax	−112 000	−290 000	649 000	−924 000
Tax	−24 000	−61 000	144 000	−201 000
Net Income	−88 000	−230 000	506 000	−723 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	216 000	202 000	133 000	272 000
Total Current Assets	2 590 000	2 500 000	1 839 000	1 540 000
Total Assets	2 806 000	2 702 000	1 972 000	1 812 000
Total Retained Equity	761 000	939 000	1 168 000	663 000
Total Equity	861 000	1 039 000	1 268 000	763 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 945 000	1 664 000	704 000	1 049 000
Total Equity and Debt	2 806 000	2 702 000	1 972 000	1 812 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	4 626 000	6 663 000	5 240 000	3 590 000
Other Income	0	0	0	0
Revenue	4 626 000	6 663 000	5 240 000	3 590 000
Cost of Goods Sold	1 815 000	3 758 000	2 411 000	2 287 000
Salary Costs	2 115 000	1 843 000	1 384 000	1 501 000
Depreciation	5 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	4 728 000	6 930 000	4 583 000	4 509 000
Operating Profit	−102 000	−268 000	657 000	−920 000
Financial Income	0	3 000	4 000	4 000
Financial Costs	10 000	25 000	11 000	8 000
Financial Balance	−10 000	−22 000	−7 000	−4 000
Dividends	89 000	0	0	0
Net Income	−88 000	−230 000	506 000	−723 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	198 000	174 000	113 000	257 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	13 000	0	0
Total Tangible Assets	8 000	13 000	0	0
Total Fiancial Fixed Assets	10 000	15 000	20 000	15 000
Total Fixed Assets	216 000	202 000	133 000	272 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	119 000	314 000	67 000	813 000
Total Current Assets	2 590 000	2 500 000	1 839 000	1 540 000
Total Assets	2 806 000	2 702 000	1 972 000	1 812 000
Total Equity	861 000	1 039 000	1 268 000	763 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	728 000	1 057 000	222 000	706 000
Unpaid Taxes	878 000	443 000	345 000	174 000
Dividends	89 000	0	0	0
Other Current Debt	251 000	164 000	137 000	169 000
Total Current Debt	1 945 000	1 664 000	704 000	1 049 000
Total Equity and Debt	2 806 000	2 702 000	1 972 000	1 812 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−10,22 %	−22,14 %	39,91 %	−94,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,2 %	−4,02 %	12,54 %	−25,63 %
Current Ratio	1,33	1,5	2,61	1,47
Quick Ratio	1,33	1,5	2,61	1,47
Equity Ratio	0,31	0,38	0,64	0,42
Gross Profit Margin	60,77 %	43,6 %	53,99 %	36,3 %