SWIMTAG NORDIC AS

5541 KOLNES

Finances

Return on Equity

33,47 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 613 000	4 024 000	4 314 000	3 907 000
Net Income	329 000	35 000	257 000	−401 000
Total Assets	1 728 000	1 591 000	1 333 000	1 263 000
Total Equity	983 000	654 000	619 000	459 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 613 000	4 024 000	4 314 000	3 907 000
Expenditure	3 174 000	4 789 000	4 120 000	4 249 000
Operating Profit	439 000	−766 000	194 000	−342 000
Financial Income	12 000	825 000	82 000	0
Financial Costs	27 000	23 000	19 000	58 000
Financial Balance	−15 000	802 000	63 000	−58 000
Earnings Before Tax	424 000	35 000	257 000	−401 000
Tax	95 000	0	0	0
Net Income	329 000	35 000	257 000	−401 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	260 000	297 000	277 000	340 000
Total Current Assets	1 468 000	1 294 000	1 056 000	923 000
Total Assets	1 728 000	1 591 000	1 333 000	1 263 000
Total Retained Equity	952 000	622 000	587 000	428 000
Total Equity	983 000	654 000	619 000	459 000
Total Long-Term Debt	0	0	0	92 000
Total Current Debt	744 000	937 000	714 000	712 000
Total Equity and Debt	1 728 000	1 591 000	1 333 000	1 263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 613 000	4 024 000	4 314 000	3 907 000
Other Income	0	0	0	0
Revenue	3 613 000	4 024 000	4 314 000	3 907 000
Cost of Goods Sold	2 051 000	3 280 000	2 676 000	2 468 000
Salary Costs	588 000	551 000	450 000	577 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 174 000	4 789 000	4 120 000	4 249 000
Operating Profit	439 000	−766 000	194 000	−342 000
Financial Income	12 000	825 000	82 000	0
Financial Costs	27 000	23 000	19 000	58 000
Financial Balance	−15 000	802 000	63 000	−58 000
Dividends	0	0	98 000	0
Net Income	329 000	35 000	257 000	−401 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	260 000	297 000	277 000	340 000
Total Fixed Assets	260 000	297 000	277 000	340 000
Stock	36 000	29 000	44 000	2 000
Total Investments	0	0	0	0
Cash, Bank	436 000	24 000	266 000	18 000
Total Current Assets	1 468 000	1 294 000	1 056 000	923 000
Total Assets	1 728 000	1 591 000	1 333 000	1 263 000
Total Equity	983 000	654 000	619 000	459 000
Short-Term Group Debt	269 000	0	0	0
Total Long-Term Debt	0	0	0	92 000
Creditors	81 000	382 000	282 000	361 000
Unpaid Taxes	249 000	225 000	263 000	147 000
Dividends	0	0	98 000	0
Other Current Debt	51 000	59 000	72 000	205 000
Total Current Debt	744 000	937 000	714 000	712 000
Total Equity and Debt	1 728 000	1 591 000	1 333 000	1 263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,47 %	5,35 %	41,52 %	−87,36 %
Debt-to-Equity Ratio	0	0	0	0,2
Operating Profit Margin	12,15 %	−19,04 %	4,5 %	−8,75 %
Current Ratio	1,97	1,38	1,48	1,3
Quick Ratio	2,07	1,43	1,58	1,3
Equity Ratio	0,57	0,41	0,46	0,36
Gross Profit Margin	43,23 %	18,49 %	37,97 %	36,83 %