SVERRE EIKELAND AS

4707 VENNESLA

Finances

Share Ownership

Return on Equity

44,7 %

Current Ratio

0,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 134 000	2 744 000	3 145 000	5 134 000
Net Income	118 000	115 000	541 000	751 000
Total Assets	2 197 000	1 384 000	3 478 000	3 054 000
Total Equity	264 000	146 000	981 000	2 439 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 134 000	2 744 000	3 145 000	5 134 000
Expenditure	2 974 000	2 593 000	2 441 000	4 168 000
Operating Profit	160 000	151 000	704 000	967 000
Financial Income	0	0	1 000	2 000
Financial Costs	9 000	3 000	11 000	7 000
Financial Balance	−9 000	−3 000	−10 000	−5 000
Earnings Before Tax	151 000	148 000	694 000	963 000
Tax	33 000	32 000	153 000	212 000
Net Income	118 000	115 000	541 000	751 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	688 000	457 000	536 000	692 000
Total Current Assets	1 509 000	927 000	2 942 000	2 362 000
Total Assets	2 197 000	1 384 000	3 478 000	3 054 000
Total Retained Equity	234 000	116 000	951 000	2 409 000
Total Equity	264 000	146 000	981 000	2 439 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 933 000	1 238 000	2 497 000	615 000
Total Equity and Debt	2 197 000	1 384 000	3 478 000	3 054 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 134 000	2 744 000	3 145 000	5 134 000
Other Income	0	0	0	0
Revenue	3 134 000	2 744 000	3 145 000	5 134 000
Cost of Goods Sold	1 327 000	1 176 000	811 000	2 599 000
Salary Costs	957 000	639 000	679 000	647 000
Depreciation	135 000	140 000	417 000	377 000
Impairment	0	0	0	0
Expenditure	2 974 000	2 593 000	2 441 000	4 168 000
Operating Profit	160 000	151 000	704 000	967 000
Financial Income	0	0	1 000	2 000
Financial Costs	9 000	3 000	11 000	7 000
Financial Balance	−9 000	−3 000	−10 000	−5 000
Dividends	0	0	0	0
Net Income	118 000	115 000	541 000	751 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	78 000	103 000	119 000	82 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	518 000	226 000	252 000	610 000
Fixtures	0	0	0	0
Total Tangible Assets	609 000	355 000	417 000	610 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	688 000	457 000	536 000	692 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	460 000	620 000	1 996 000	1 615 000
Total Current Assets	1 509 000	927 000	2 942 000	2 362 000
Total Assets	2 197 000	1 384 000	3 478 000	3 054 000
Total Equity	264 000	146 000	981 000	2 439 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	569 000	182 000	68 000	128 000
Unpaid Taxes	319 000	39 000	168 000	94 000
Dividends	0	0	0	0
Other Current Debt	1 037 000	1 001 000	2 073 000	159 000
Total Current Debt	1 933 000	1 238 000	2 497 000	615 000
Total Equity and Debt	2 197 000	1 384 000	3 478 000	3 054 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,7 %	78,77 %	55,15 %	30,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,11 %	5,5 %	22,38 %	18,84 %
Current Ratio	0,78	0,75	1,18	3,84
Quick Ratio	0,78	0,75	1,18	3,84
Equity Ratio	0,12	0,11	0,28	0,8
Gross Profit Margin	57,66 %	57,14 %	74,21 %	49,38 %