SVINGMAR AS

8850 HERØY

Finances

Share Ownership

Return on Equity

−7,92 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 950 000	20 824 000	10 310 000	9 693 000
Net Income	−85 000	711 000	56 000	281 000
Total Assets	2 910 000	4 578 000	2 671 000	2 735 000
Total Equity	1 073 000	1 227 000	516 000	461 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 950 000	20 824 000	10 310 000	9 693 000
Expenditure	14 005 000	19 659 000	10 236 000	9 301 000
Operating Profit	−54 000	1 165 000	75 000	392 000
Financial Income	2 000	−149 000	38 000	0
Financial Costs	57 000	58 000	41 000	36 000
Financial Balance	−55 000	−207 000	−3 000	−36 000
Earnings Before Tax	−109 000	958 000	72 000	357 000
Tax	−24 000	247 000	16 000	76 000
Net Income	−85 000	711 000	56 000	281 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 620 000	1 817 000	1 561 000	1 786 000
Total Current Assets	1 290 000	2 762 000	1 110 000	949 000
Total Assets	2 910 000	4 578 000	2 671 000	2 735 000
Total Retained Equity	1 043 000	1 197 000	486 000	431 000
Total Equity	1 073 000	1 227 000	516 000	461 000
Total Long-Term Debt	755 000	1 310 000	1 143 000	1 296 000
Total Current Debt	1 083 000	2 041 000	1 012 000	979 000
Total Equity and Debt	2 910 000	4 578 000	2 671 000	2 735 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 878 000	20 787 000	10 260 000	9 577 000
Other Income	73 000	37 000	50 000	116 000
Revenue	13 950 000	20 824 000	10 310 000	9 693 000
Cost of Goods Sold	4 717 000	13 551 000	4 343 000	3 791 000
Salary Costs	4 286 000	3 875 000	3 713 000	3 547 000
Depreciation	494 000	386 000	401 000	189 000
Impairment	0	0	43 000	0
Expenditure	14 005 000	19 659 000	10 236 000	9 301 000
Operating Profit	−54 000	1 165 000	75 000	392 000
Financial Income	2 000	−149 000	38 000	0
Financial Costs	57 000	58 000	41 000	36 000
Financial Balance	−55 000	−207 000	−3 000	−36 000
Dividends	69 000	0	0	100 000
Net Income	−85 000	711 000	56 000	281 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 000	12 000	245 000	303 000
Machinery and Plant Facilities	1 314 000	384 000	110 000	168 000
Fixtures	205 000	747 000	968 000	1 071 000
Total Tangible Assets	1 527 000	1 737 000	1 561 000	1 748 000
Total Fiancial Fixed Assets	94 000	80 000	0	38 000
Total Fixed Assets	1 620 000	1 817 000	1 561 000	1 786 000
Stock	0	20 000	148 000	135 000
Total Investments	0	0	0	0
Cash, Bank	566 000	672 000	767 000	89 000
Total Current Assets	1 290 000	2 762 000	1 110 000	949 000
Total Assets	2 910 000	4 578 000	2 671 000	2 735 000
Total Equity	1 073 000	1 227 000	516 000	461 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	755 000	1 310 000	1 143 000	1 296 000
Creditors	401 000	650 000	136 000	126 000
Unpaid Taxes	322 000	855 000	489 000	191 000
Dividends	69 000	0	0	100 000
Other Current Debt	359 000	326 000	326 000	545 000
Total Current Debt	1 083 000	2 041 000	1 012 000	979 000
Total Equity and Debt	2 910 000	4 578 000	2 671 000	2 735 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,92 %	57,95 %	10,85 %	60,95 %
Debt-to-Equity Ratio	0,7	1,07	2,22	2,81
Operating Profit Margin	−0,39 %	5,59 %	0,73 %	4,04 %
Current Ratio	1,19	1,35	1,1	0,97
Quick Ratio	1,19	1,37	1,28	1,12
Equity Ratio	0,37	0,27	0,19	0,17
Gross Profit Margin	66,19 %	34,93 %	57,88 %	60,89 %