SVINGEN INVEST AS

5107 SALHUS

Finances

Return on Equity

123,94 %

Current Ratio

1,26

Debt-to-Equity Ratio

−3,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 730 000	2 937 000	2 537 000	50 000
Net Income	−176 000	5 000	2 000	49 000
Total Assets	1 031 000	1 666 000	1 036 000	263 000
Total Equity	−142 000	34 000	29 000	27 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 730 000	2 937 000	2 537 000	50 000
Expenditure	2 631 000	2 915 000	2 422 000	0
Operating Profit	−149 000	22 000	12 000	50 000
Financial Income	14 000	14 000	11 000	0
Financial Costs	43 000	29 000	20 000	0
Financial Balance	−29 000	−15 000	−9 000	0
Earnings Before Tax	−178 000	7 000	3 000	50 000
Tax	−2 000	2 000	1 000	1 000
Net Income	−176 000	5 000	2 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	254 000	281 000	308 000	200 000
Total Current Assets	777 000	1 385 000	728 000	63 000
Total Assets	1 031 000	1 666 000	1 036 000	263 000
Total Retained Equity	−166 000	10 000	4 000	2 000
Total Equity	−142 000	34 000	29 000	27 000
Total Long-Term Debt	555 000	610 000	582 000	170 000
Total Current Debt	618 000	1 022 000	426 000	66 000
Total Equity and Debt	1 031 000	1 666 000	1 036 000	263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 684 000	2 912 000	2 526 000	50 000
Other Income	46 000	26 000	11 000	0
Revenue	2 730 000	2 937 000	2 537 000	50 000
Cost of Goods Sold	1 636 000	2 034 000	1 452 000	0
Salary Costs	216 000	179 000	190 000	0
Depreciation	27 000	27 000	27 000	0
Impairment	0	0	0	0
Expenditure	2 631 000	2 915 000	2 422 000	0
Operating Profit	−149 000	22 000	12 000	50 000
Financial Income	14 000	14 000	11 000	0
Financial Costs	43 000	29 000	20 000	0
Financial Balance	−29 000	−15 000	−9 000	0
Dividends	0	0	0	0
Net Income	−176 000	5 000	2 000	49 000

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	0	0	0	0
Fixtures	54 000	81 000	108 000	0
Total Tangible Assets	54 000	81 000	108 000	0
Total Fiancial Fixed Assets	200 000	200 000	200 000	200 000
Total Fixed Assets	254 000	281 000	308 000	200 000
Stock	343 000	469 000	255 000	0
Total Investments	0	0	0	0
Cash, Bank	231 000	327 000	146 000	0
Total Current Assets	777 000	1 385 000	728 000	63 000
Total Assets	1 031 000	1 666 000	1 036 000	263 000
Total Equity	−142 000	34 000	29 000	27 000
Short-Term Group Debt	0	0	0	53 000
Total Long-Term Debt	555 000	610 000	582 000	170 000
Creditors	63 000	322 000	107 000	0
Unpaid Taxes	186 000	294 000	279 000	13 000
Dividends	0	0	0	0
Other Current Debt	69 000	107 000	39 000	0
Total Current Debt	618 000	1 022 000	426 000	66 000
Total Equity and Debt	1 031 000	1 666 000	1 036 000	263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	123,94 %	14,71 %	6,9 %	181,48 %
Debt-to-Equity Ratio	−3,91	17,94	20,07	6,3
Operating Profit Margin	−5,46 %	0,75 %	0,47 %	100 %
Current Ratio	1,26	1,36	1,71	0,95
Quick Ratio	2,83	2,5	4,26	0,95
Equity Ratio	−0,14	0,02	0,03	0,1
Gross Profit Margin	40,07 %	30,75 %	42,77 %	100 %