SVB VEISIKRING AS

4440 TONSTAD

Finances

Share Ownership

Return on Equity

47,91 %

Current Ratio

2,05

Debt-to-Equity Ratio

1,34

Key figures (NOK)	2022	2021	2020
Revenue	85 326 000	57 743 000	21 646 000
Net Income	5 377 000	161 000	−605 000
Total Assets	45 600 000	34 677 000	23 621 000
Total Equity	11 222 000	9 363 000	4 741 000

Income (NOK)	2022	2021	2020
Revenue	85 326 000	57 743 000	21 646 000
Expenditure	77 752 000	57 168 000	22 294 000
Operating Profit	7 575 000	575 000	−648 000
Financial Income	42 000	24 000	0
Financial Costs	723 000	393 000	129 000
Financial Balance	−681 000	−369 000	−129 000
Earnings Before Tax	6 894 000	206 000	−776 000
Tax	1 517 000	45 000	−171 000
Net Income	5 377 000	161 000	−605 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	6 061 000	6 585 000	7 265 000
Total Current Assets	39 539 000	28 092 000	16 356 000
Total Assets	45 600 000	34 677 000	23 621 000
Total Retained Equity	8 740 000	8 363 000	3 741 000
Total Equity	11 222 000	9 363 000	4 741 000
Total Long-Term Debt	15 073 000	5 687 000	6 750 000
Total Current Debt	19 306 000	19 627 000	12 130 000
Total Equity and Debt	45 600 000	34 677 000	23 621 000

Cash flow (NOK)	2022	2021	2020
Sales Income	85 308 000	57 743 000	21 646 000
Other Income	18 000	0	0
Revenue	85 326 000	57 743 000	21 646 000
Cost of Goods Sold	49 773 000	35 909 000	12 924 000
Salary Costs	16 219 000	13 243 000	5 544 000
Depreciation	868 000	790 000	417 000
Impairment	0	0	0
Expenditure	77 752 000	57 168 000	22 294 000
Operating Profit	7 575 000	575 000	−648 000
Financial Income	42 000	24 000	0
Financial Costs	723 000	393 000	129 000
Financial Balance	−681 000	−369 000	−129 000
Dividends	0	0	0
Net Income	5 377 000	161 000	−605 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	240 000	30 000	76 000
Real Eastate	0	0	0
Machinery and Plant Facilities	5 821 000	6 555 000	7 189 000
Fixtures	0	0	0
Total Tangible Assets	5 821 000	6 555 000	7 189 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	6 061 000	6 585 000	7 265 000
Stock	12 627 000	6 923 000	2 696 000
Total Investments	0	0	0
Cash, Bank	1 721 000	1 197 000	2 953 000
Total Current Assets	39 539 000	28 092 000	16 356 000
Total Assets	45 600 000	34 677 000	23 621 000
Total Equity	11 222 000	9 363 000	4 741 000
Short-Term Group Debt	6 728 000	6 189 000	5 092 000
Total Long-Term Debt	15 073 000	5 687 000	6 750 000
Creditors	4 523 000	4 201 000	4 406 000
Unpaid Taxes	4 863 000	3 065 000	1 595 000
Dividends	0	0	0
Other Current Debt	3 193 000	1 447 000	1 038 000
Total Current Debt	19 306 000	19 627 000	12 130 000
Total Equity and Debt	45 600 000	34 677 000	23 621 000

Financial indicators	2022	2021	2020
Return on Equity	47,91 %	1,72 %	−12,76 %
Debt-to-Equity Ratio	1,34	0,61	1,42
Operating Profit Margin	8,88 %	1 %	−2,99 %
Current Ratio	2,05	1,43	1,35
Quick Ratio	5,92	2,21	1,73
Equity Ratio	0,25	0,27	0,2
Gross Profit Margin	41,67 %	37,81 %	40,29 %