SIVERTSEN AS

4331 ÅLGÅRD

Finances

Return on Equity

18,03 %

Current Ratio

2,1

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	71 647 000	69 637 000	55 127 000	35 465 000
Net Income	1 916 000	3 083 000	2 790 000	985 000
Total Assets	24 983 000	20 583 000	14 090 000	9 746 000
Total Equity	10 627 000	9 711 000	7 128 000	4 338 000

Income (NOK)	2022	2021	2020	2019
Revenue	71 647 000	69 637 000	55 127 000	35 465 000
Expenditure	68 528 000	65 411 000	51 380 000	34 066 000
Operating Profit	3 119 000	4 225 000	3 747 000	1 398 000
Financial Income	62 000	29 000	28 000	12 000
Financial Costs	633 000	281 000	163 000	145 000
Financial Balance	−571 000	−252 000	−135 000	−133 000
Earnings Before Tax	2 549 000	3 974 000	3 612 000	1 265 000
Tax	633 000	890 000	822 000	280 000
Net Income	1 916 000	3 083 000	2 790 000	985 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	508 000	1 196 000	706 000	476 000
Total Current Assets	24 475 000	19 387 000	13 383 000	9 270 000
Total Assets	24 983 000	20 583 000	14 090 000	9 746 000
Total Retained Equity	10 527 000	9 611 000	7 028 000	4 238 000
Total Equity	10 627 000	9 711 000	7 128 000	4 338 000
Total Long-Term Debt	2 710 000	3 012 000	12 000	14 000
Total Current Debt	11 645 000	7 860 000	6 950 000	5 394 000
Total Equity and Debt	24 983 000	20 583 000	14 090 000	9 746 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	71 504 000	69 580 000	54 988 000	35 379 000
Other Income	143 000	57 000	139 000	86 000
Revenue	71 647 000	69 637 000	55 127 000	35 465 000
Cost of Goods Sold	60 123 000	58 058 000	45 289 000	29 597 000
Salary Costs	4 556 000	4 266 000	3 499 000	2 328 000
Depreciation	52 000	21 000	32 000	31 000
Impairment	0	0	0	0
Expenditure	68 528 000	65 411 000	51 380 000	34 066 000
Operating Profit	3 119 000	4 225 000	3 747 000	1 398 000
Financial Income	62 000	29 000	28 000	12 000
Financial Costs	633 000	281 000	163 000	145 000
Financial Balance	−571 000	−252 000	−135 000	−133 000
Dividends	0	0	0	0
Net Income	1 916 000	3 083 000	2 790 000	985 000

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	31 000	13 000	19 000	25 000
Fixtures	189 000	135 000	85 000	111 000
Total Tangible Assets	220 000	148 000	104 000	136 000
Total Fiancial Fixed Assets	288 000	1 049 000	603 000	340 000
Total Fixed Assets	508 000	1 196 000	706 000	476 000
Stock	19 464 000	15 492 000	9 331 000	7 426 000
Total Investments	0	0	0	138 000
Cash, Bank	2 219 000	1 796 000	1 731 000	193 000
Total Current Assets	24 475 000	19 387 000	13 383 000	9 270 000
Total Assets	24 983 000	20 583 000	14 090 000	9 746 000
Total Equity	10 627 000	9 711 000	7 128 000	4 338 000
Short-Term Group Debt	19 000	19 000	19 000	19 000
Total Long-Term Debt	2 710 000	3 012 000	12 000	14 000
Creditors	2 208 000	2 750 000	1 803 000	1 410 000
Unpaid Taxes	609 000	737 000	447 000	−81 000
Dividends	0	0	0	0
Other Current Debt	502 000	404 000	350 000	227 000
Total Current Debt	11 645 000	7 860 000	6 950 000	5 394 000
Total Equity and Debt	24 983 000	20 583 000	14 090 000	9 746 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,03 %	31,75 %	39,14 %	22,71 %
Debt-to-Equity Ratio	0,26	0,31	0	0
Operating Profit Margin	4,35 %	6,07 %	6,8 %	3,94 %
Current Ratio	2,1	2,47	1,93	1,72
Quick Ratio	−3,13	−2,54	−5,62	−4,56
Equity Ratio	0,43	0,47	0,51	0,45
Gross Profit Margin	16,08 %	16,63 %	17,85 %	16,55 %