SVEUM & SVEEN ELEKTRO AS

2816 GJØVIK

Finances

Share Ownership

Return on Equity

8,88 %

Current Ratio

3,1

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 812 000	7 751 000	8 075 000	7 614 000
Net Income	281 000	441 000	1 105 000	542 000
Total Assets	5 281 000	4 869 000	5 057 000	2 967 000
Total Equity	3 163 000	2 882 000	2 441 000	1 336 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 812 000	7 751 000	8 075 000	7 614 000
Expenditure	7 414 000	7 166 000	6 631 000	6 907 000
Operating Profit	397 000	585 000	1 444 000	707 000
Financial Income	0	0	1 000	1 000
Financial Costs	37 000	20 000	28 000	13 000
Financial Balance	−37 000	−20 000	−27 000	−12 000
Earnings Before Tax	361 000	565 000	1 417 000	695 000
Tax	79 000	124 000	312 000	153 000
Net Income	281 000	441 000	1 105 000	542 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	710 000	569 000	730 000	199 000
Total Current Assets	4 571 000	4 301 000	4 327 000	2 768 000
Total Assets	5 281 000	4 869 000	5 057 000	2 967 000
Total Retained Equity	3 116 000	2 852 000	2 411 000	1 306 000
Total Equity	3 163 000	2 882 000	2 441 000	1 336 000
Total Long-Term Debt	643 000	520 000	621 000	356 000
Total Current Debt	1 475 000	1 468 000	1 996 000	1 275 000
Total Equity and Debt	5 281 000	4 869 000	5 057 000	2 967 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 746 000	7 571 000	8 050 000	7 573 000
Other Income	66 000	180 000	26 000	41 000
Revenue	7 812 000	7 751 000	8 075 000	7 614 000
Cost of Goods Sold	2 263 000	2 516 000	2 246 000	2 960 000
Salary Costs	3 992 000	3 736 000	3 579 000	3 246 000
Depreciation	237 000	162 000	77 000	50 000
Impairment	0	0	0	0
Expenditure	7 414 000	7 166 000	6 631 000	6 907 000
Operating Profit	397 000	585 000	1 444 000	707 000
Financial Income	0	0	1 000	1 000
Financial Costs	37 000	20 000	28 000	13 000
Financial Balance	−37 000	−20 000	−27 000	−12 000
Dividends	0	0	0	0
Net Income	281 000	441 000	1 105 000	542 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	710 000	569 000	730 000	185 000
Total Tangible Assets	710 000	569 000	730 000	185 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	710 000	569 000	730 000	199 000
Stock	316 000	339 000	337 000	261 000
Total Investments	0	0	0	0
Cash, Bank	2 816 000	2 661 000	2 530 000	1 587 000
Total Current Assets	4 571 000	4 301 000	4 327 000	2 768 000
Total Assets	5 281 000	4 869 000	5 057 000	2 967 000
Total Equity	3 163 000	2 882 000	2 441 000	1 336 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	643 000	520 000	621 000	356 000
Creditors	178 000	237 000	307 000	185 000
Unpaid Taxes	620 000	558 000	883 000	481 000
Dividends	0	0	0	0
Other Current Debt	588 000	548 000	522 000	450 000
Total Current Debt	1 475 000	1 468 000	1 996 000	1 275 000
Total Equity and Debt	5 281 000	4 869 000	5 057 000	2 967 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,88 %	15,3 %	45,27 %	40,57 %
Debt-to-Equity Ratio	0,2	0,18	0,25	0,27
Operating Profit Margin	5,08 %	7,55 %	17,88 %	9,29 %
Current Ratio	3,1	2,93	2,17	2,17
Quick Ratio	3,94	3,81	2,61	2,73
Equity Ratio	0,6	0,59	0,48	0,45
Gross Profit Margin	71,03 %	67,54 %	72,19 %	61,12 %