SIGEL AS

1395 HVALSTAD

Finances

Return on Equity

7,51 %

Current Ratio

2,79

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	87 000	0	0	0
Net Income	3 965 000	1 538 000	5 101 000	−801 000
Total Assets	64 829 000	53 243 000	55 888 000	53 840 000
Total Equity	52 813 000	50 438 000	52 626 000	50 724 000

Income (NOK)	2021	2020	2019	2018
Revenue	87 000	0	0	0
Expenditure	369 000	266 000	236 000	205 000
Operating Profit	−282 000	−266 000	−236 000	−205 000
Financial Income	4 866 000	2 315 000	5 640 000	1 574 000
Financial Costs	475 000	505 000	120 000	2 003 000
Financial Balance	4 391 000	1 810 000	5 520 000	−429 000
Earnings Before Tax	4 108 000	1 543 000	5 284 000	−634 000
Tax	142 000	6 000	183 000	167 000
Net Income	3 965 000	1 538 000	5 101 000	−801 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	31 346 000	21 267 000	20 732 000	11 377 000
Total Current Assets	33 484 000	31 976 000	35 156 000	42 462 000
Total Assets	64 829 000	53 243 000	55 888 000	53 840 000
Total Retained Equity	52 713 000	50 338 000	52 526 000	50 624 000
Total Equity	52 813 000	50 438 000	52 626 000	50 724 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 017 000	2 805 000	3 262 000	3 115 000
Total Equity and Debt	64 829 000	53 243 000	55 888 000	53 840 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	87 000	0	0	0
Revenue	87 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	369 000	266 000	236 000	205 000
Operating Profit	−282 000	−266 000	−236 000	−205 000
Financial Income	4 866 000	2 315 000	5 640 000	1 574 000
Financial Costs	475 000	505 000	120 000	2 003 000
Financial Balance	4 391 000	1 810 000	5 520 000	−429 000
Dividends	1 291 000	0	0	0
Net Income	3 965 000	1 538 000	5 101 000	−801 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	116 000	89 000	0	0
Real Eastate	10 163 000	766 000	766 000	766 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 163 000	766 000	766 000	766 000
Total Fiancial Fixed Assets	21 067 000	20 413 000	19 966 000	10 612 000
Total Fixed Assets	31 346 000	21 267 000	20 732 000	11 377 000
Stock	0	0	0	0
Total Investments	33 352 000	31 744 000	34 727 000	41 954 000
Cash, Bank	132 000	142 000	339 000	399 000
Total Current Assets	33 484 000	31 976 000	35 156 000	42 462 000
Total Assets	64 829 000	53 243 000	55 888 000	53 840 000
Total Equity	52 813 000	50 438 000	52 626 000	50 724 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	8 000	2 000	0
Unpaid Taxes	0	0	0	0
Dividends	1 291 000	0	0	0
Other Current Debt	11 864 000	2 679 000	3 077 000	2 948 000
Total Current Debt	12 017 000	2 805 000	3 262 000	3 115 000
Total Equity and Debt	64 829 000	53 243 000	55 888 000	53 840 000

Financial indicators	2021	2020	2019	2018
Return on Equity	7,51 %	3,05 %	9,69 %	−1,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−324,14 %	-	-	-
Current Ratio	2,79	11,4	10,78	13,63
Quick Ratio	2,79	11,4	10,78	13,63
Equity Ratio	0,81	0,95	0,94	0,94
Gross Profit Margin	100 %	-	-	-