ERIK SVEEN AS

2652 SVINGVOLL

Finances

Return on Equity

34,91 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 185 000	16 320 000	18 003 000	20 583 000
Net Income	1 463 000	636 000	192 000	957 000
Total Assets	10 221 000	6 790 000	5 519 000	4 992 000
Total Equity	4 191 000	2 728 000	2 092 000	1 900 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 185 000	16 320 000	18 003 000	20 583 000
Expenditure	19 229 000	15 462 000	17 712 000	19 282 000
Operating Profit	1 956 000	859 000	291 000	1 302 000
Financial Income	3 000	3 000	3 000	2 000
Financial Costs	80 000	47 000	48 000	77 000
Financial Balance	−77 000	−44 000	−45 000	−75 000
Earnings Before Tax	1 880 000	816 000	247 000	1 227 000
Tax	416 000	179 000	55 000	270 000
Net Income	1 463 000	636 000	192 000	957 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 645 000	2 287 000	2 093 000	1 560 000
Total Current Assets	7 576 000	4 504 000	3 426 000	3 433 000
Total Assets	10 221 000	6 790 000	5 519 000	4 992 000
Total Retained Equity	4 161 000	2 698 000	2 062 000	1 870 000
Total Equity	4 191 000	2 728 000	2 092 000	1 900 000
Total Long-Term Debt	1 011 000	878 000	490 000	560 000
Total Current Debt	5 019 000	3 185 000	2 938 000	2 532 000
Total Equity and Debt	10 221 000	6 790 000	5 519 000	4 992 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 676 000	16 306 000	16 240 000	20 583 000
Other Income	509 000	15 000	1 763 000	0
Revenue	21 185 000	16 320 000	18 003 000	20 583 000
Cost of Goods Sold	9 579 000	7 935 000	12 462 000	15 937 000
Salary Costs	3 542 000	2 612 000	1 926 000	504 000
Depreciation	346 000	265 000	208 000	165 000
Impairment	0	0	0	0
Expenditure	19 229 000	15 462 000	17 712 000	19 282 000
Operating Profit	1 956 000	859 000	291 000	1 302 000
Financial Income	3 000	3 000	3 000	2 000
Financial Costs	80 000	47 000	48 000	77 000
Financial Balance	−77 000	−44 000	−45 000	−75 000
Dividends	0	0	0	0
Net Income	1 463 000	636 000	192 000	957 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	169 000	154 000	42 000	0
Real Eastate	960 000	1 015 000	1 070 000	576 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	941 000	493 000	606 000	579 000
Total Tangible Assets	1 901 000	1 508 000	1 676 000	1 154 000
Total Fiancial Fixed Assets	575 000	624 000	375 000	406 000
Total Fixed Assets	2 645 000	2 287 000	2 093 000	1 560 000
Stock	0	0	250 000	0
Total Investments	0	0	0	0
Cash, Bank	642 000	2 298 000	479 000	2 349 000
Total Current Assets	7 576 000	4 504 000	3 426 000	3 433 000
Total Assets	10 221 000	6 790 000	5 519 000	4 992 000
Total Equity	4 191 000	2 728 000	2 092 000	1 900 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 011 000	878 000	490 000	560 000
Creditors	2 465 000	1 860 000	2 344 000	1 571 000
Unpaid Taxes	1 309 000	597 000	99 000	24 000
Dividends	0	0	0	0
Other Current Debt	814 000	435 000	390 000	663 000
Total Current Debt	5 019 000	3 185 000	2 938 000	2 532 000
Total Equity and Debt	10 221 000	6 790 000	5 519 000	4 992 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,91 %	23,31 %	9,18 %	50,37 %
Debt-to-Equity Ratio	0,24	0,32	0,23	0,29
Operating Profit Margin	9,23 %	5,26 %	1,62 %	6,33 %
Current Ratio	1,51	1,41	1,17	1,36
Quick Ratio	1,51	1,41	1,27	1,36
Equity Ratio	0,41	0,4	0,38	0,38
Gross Profit Margin	54,78 %	51,38 %	30,78 %	22,57 %