SVAICE AS

8160 GLOMFJORD

Finances

Share Ownership

Return on Equity

6,42 %

Current Ratio

0,18

Debt-to-Equity Ratio

−3,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	496 000	529 000	436 000	562 000
Net Income	−152 000	−153 000	−400 000	−1 602 000
Total Assets	6 328 000	6 515 000	6 602 000	6 593 000
Total Equity	−2 369 000	−2 217 000	−2 064 000	−1 664 000

Income (NOK)	2022	2021	2020	2019
Revenue	496 000	529 000	436 000	562 000
Expenditure	335 000	346 000	295 000	269 000
Operating Profit	161 000	183 000	142 000	−1 194 000
Financial Income	0	0	0	0
Financial Costs	313 000	336 000	542 000	408 000
Financial Balance	−313 000	−336 000	−542 000	−408 000
Earnings Before Tax	−152 000	−153 000	−400 000	−1 602 000
Tax	0	0	0	0
Net Income	−152 000	−153 000	−400 000	−1 602 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 284 000	6 414 000	6 544 000	6 544 000
Total Current Assets	45 000	101 000	59 000	49 000
Total Assets	6 328 000	6 515 000	6 602 000	6 593 000
Total Retained Equity	−8 259 000	−8 107 000	−7 954 000	−7 554 000
Total Equity	−2 369 000	−2 217 000	−2 064 000	−1 664 000
Total Long-Term Debt	8 442 000	8 327 000	8 478 000	8 059 000
Total Current Debt	256 000	405 000	189 000	198 000
Total Equity and Debt	6 328 000	6 515 000	6 602 000	6 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	496 000	529 000	36 000	500 000
Other Income	0	0	400 000	62 000
Revenue	496 000	529 000	436 000	562 000
Cost of Goods Sold	0	0	0	6 000
Salary Costs	0	0	0	0
Depreciation	130 000	130 000	0	0
Impairment	0	0	0	44 000
Expenditure	335 000	346 000	295 000	269 000
Operating Profit	161 000	183 000	142 000	−1 194 000
Financial Income	0	0	0	0
Financial Costs	313 000	336 000	542 000	408 000
Financial Balance	−313 000	−336 000	−542 000	−408 000
Dividends	0	0	0	0
Net Income	−152 000	−153 000	−400 000	−1 602 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 284 000	6 414 000	6 544 000	6 544 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 284 000	6 414 000	6 544 000	6 544 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 284 000	6 414 000	6 544 000	6 544 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	101 000	32 000	41 000
Total Current Assets	45 000	101 000	59 000	49 000
Total Assets	6 328 000	6 515 000	6 602 000	6 593 000
Total Equity	−2 369 000	−2 217 000	−2 064 000	−1 664 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 442 000	8 327 000	8 478 000	8 059 000
Creditors	54 000	71 000	20 000	56 000
Unpaid Taxes	158 000	150 000	132 000	105 000
Dividends	0	0	0	0
Other Current Debt	44 000	184 000	37 000	37 000
Total Current Debt	256 000	405 000	189 000	198 000
Total Equity and Debt	6 328 000	6 515 000	6 602 000	6 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,42 %	6,9 %	19,38 %	96,27 %
Debt-to-Equity Ratio	−3,56	−3,76	−4,11	−4,84
Operating Profit Margin	32,46 %	34,59 %	32,57 %	−212,46 %
Current Ratio	0,18	0,25	0,31	0,25
Quick Ratio	0,18	0,25	0,31	0,25
Equity Ratio	−0,37	−0,34	−0,31	−0,25
Gross Profit Margin	100 %	100 %	100 %	98,93 %