SUM-IT AS

3770 KRAGERØ

Finances

Return on Equity

78,85 %

Current Ratio

0,06

Debt-to-Equity Ratio

−0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 289 000	91 000	872 000	1 793 000
Net Income	−5 876 000	−2 653 000	414 000	−624 000
Total Assets	18 465 000	16 029 000	1 505 000	1 172 000
Total Equity	−7 452 000	−1 576 000	1 077 000	663 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 289 000	91 000	872 000	1 793 000
Expenditure	10 828 000	1 953 000	832 000	1 608 000
Operating Profit	−5 539 000	−1 861 000	40 000	185 000
Financial Income	8 000	0	389 000	24 000
Financial Costs	345 000	671 000	8 000	789 000
Financial Balance	−337 000	−671 000	381 000	−765 000
Earnings Before Tax	−5 876 000	−2 532 000	421 000	−580 000
Tax	0	121 000	7 000	44 000
Net Income	−5 876 000	−2 653 000	414 000	−624 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 210 000	15 398 000	1 177 000	914 000
Total Current Assets	1 255 000	631 000	327 000	258 000
Total Assets	18 465 000	16 029 000	1 505 000	1 172 000
Total Retained Equity	−7 552 000	−1 676 000	977 000	563 000
Total Equity	−7 452 000	−1 576 000	1 077 000	663 000
Total Long-Term Debt	5 875 000	11 700 000	0	51 000
Total Current Debt	20 042 000	5 905 000	428 000	458 000
Total Equity and Debt	18 465 000	16 029 000	1 505 000	1 172 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 876 000	91 000	872 000	1 793 000
Other Income	413 000	0	0	0
Revenue	5 289 000	91 000	872 000	1 793 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 580 000	805 000	660 000	0
Depreciation	1 888 000	0	0	0
Impairment	0	0	0	0
Expenditure	10 828 000	1 953 000	832 000	1 608 000
Operating Profit	−5 539 000	−1 861 000	40 000	185 000
Financial Income	8 000	0	389 000	24 000
Financial Costs	345 000	671 000	8 000	789 000
Financial Balance	−337 000	−671 000	381 000	−765 000
Dividends	0	0	0	0
Net Income	−5 876 000	−2 653 000	414 000	−624 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 051 000	0	121 000	148 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	15 263 000	0	0
Total Tangible Assets	0	15 263 000	0	0
Total Fiancial Fixed Assets	159 000	135 000	1 056 000	766 000
Total Fixed Assets	17 210 000	15 398 000	1 177 000	914 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	390 000	376 000	61 000	3 000
Total Current Assets	1 255 000	631 000	327 000	258 000
Total Assets	18 465 000	16 029 000	1 505 000	1 172 000
Total Equity	−7 452 000	−1 576 000	1 077 000	663 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 875 000	11 700 000	0	51 000
Creditors	3 301 000	94 000	78 000	0
Unpaid Taxes	912 000	131 000	11 000	0
Dividends	0	0	0	0
Other Current Debt	15 829 000	5 680 000	339 000	276 000
Total Current Debt	20 042 000	5 905 000	428 000	458 000
Total Equity and Debt	18 465 000	16 029 000	1 505 000	1 172 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,85 %	168,34 %	38,44 %	−94,12 %
Debt-to-Equity Ratio	−0,79	−7,42	0	0,08
Operating Profit Margin	−104,73 %	−2 045,05 %	4,59 %	10,32 %
Current Ratio	0,06	0,11	0,76	0,56
Quick Ratio	0,06	0,11	0,76	0,56
Equity Ratio	−0,4	−0,1	0,72	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %