SWARFIX AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

−111,86 %

Current Ratio

0,36

Debt-to-Equity Ratio

6,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 507 000	1 050 000	0	0
Net Income	−3 274 000	−3 210 000	−2 587 000	−1 655 000
Total Assets	34 473 000	25 067 000	22 896 000	14 838 000
Total Equity	2 927 000	3 702 000	6 912 000	−4 501 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 507 000	1 050 000	0	0
Expenditure	10 686 000	3 786 000	2 305 000	1 527 000
Operating Profit	−2 178 000	−2 735 000	−2 305 000	−1 527 000
Financial Income	0	4 000	4 000	3 000
Financial Costs	1 096 000	479 000	287 000	131 000
Financial Balance	−1 096 000	−475 000	−283 000	−128 000
Earnings Before Tax	−3 274 000	−3 210 000	−2 587 000	−1 655 000
Tax	0	0	0	0
Net Income	−3 274 000	−3 210 000	−2 587 000	−1 655 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 164 000	24 331 000	20 563 000	12 548 000
Total Current Assets	4 308 000	736 000	2 333 000	2 290 000
Total Assets	34 473 000	25 067 000	22 896 000	14 838 000
Total Retained Equity	0	0	0	−5 001 000
Total Equity	2 927 000	3 702 000	6 912 000	−4 501 000
Total Long-Term Debt	19 638 000	14 825 000	11 500 000	2 500 000
Total Current Debt	11 908 000	6 540 000	4 484 000	16 840 000
Total Equity and Debt	34 473 000	25 067 000	22 896 000	14 838 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 507 000	1 050 000	0	0
Other Income	0	0	0	0
Revenue	8 507 000	1 050 000	0	0
Cost of Goods Sold	49 000	833 000	0	0
Salary Costs	3 999 000	879 000	743 000	156 000
Depreciation	3 417 000	0	0	0
Impairment	0	0	0	0
Expenditure	10 686 000	3 786 000	2 305 000	1 527 000
Operating Profit	−2 178 000	−2 735 000	−2 305 000	−1 527 000
Financial Income	0	4 000	4 000	3 000
Financial Costs	1 096 000	479 000	287 000	131 000
Financial Balance	−1 096 000	−475 000	−283 000	−128 000
Dividends	0	0	0	0
Net Income	−3 274 000	−3 210 000	−2 587 000	−1 655 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 979 000	24 331 000	20 563 000	12 548 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	6 185 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 185 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 164 000	24 331 000	20 563 000	12 548 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	669 000	180 000	1 534 000	2 287 000
Total Current Assets	4 308 000	736 000	2 333 000	2 290 000
Total Assets	34 473 000	25 067 000	22 896 000	14 838 000
Total Equity	2 927 000	3 702 000	6 912 000	−4 501 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 638 000	14 825 000	11 500 000	2 500 000
Creditors	1 264 000	612 000	218 000	999 000
Unpaid Taxes	500 000	262 000	229 000	577 000
Dividends	0	0	0	0
Other Current Debt	5 827 000	5 309 000	4 037 000	15 264 000
Total Current Debt	11 908 000	6 540 000	4 484 000	16 840 000
Total Equity and Debt	34 473 000	25 067 000	22 896 000	14 838 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−111,86 %	−86,71 %	−37,43 %	36,77 %
Debt-to-Equity Ratio	6,71	4	1,66	−0,56
Operating Profit Margin	−25,6 %	−260,48 %	-	-
Current Ratio	0,36	0,11	0,52	0,14
Quick Ratio	0,36	0,11	0,52	0,14
Equity Ratio	0,08	0,15	0,3	−0,3
Gross Profit Margin	99,42 %	20,67 %	-	-