SØLVREV AS

5003 BERGEN

Finances

Share Ownership

Return on Equity

22,1 %

Current Ratio

1,31

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 608 000	13 273 000	9 125 000	7 056 000
Net Income	158 000	2 157 000	1 029 000	275 000
Total Assets	3 459 000	4 830 000	2 623 000	3 297 000
Total Equity	715 000	557 000	166 000	820 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 608 000	13 273 000	9 125 000	7 056 000
Expenditure	14 346 000	10 486 000	7 780 000	6 675 000
Operating Profit	262 000	2 788 000	1 346 000	381 000
Financial Income	10 000	13 000	56 000	39 000
Financial Costs	55 000	37 000	54 000	31 000
Financial Balance	−45 000	−24 000	2 000	8 000
Earnings Before Tax	218 000	2 764 000	1 348 000	389 000
Tax	59 000	607 000	319 000	114 000
Net Income	158 000	2 157 000	1 029 000	275 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	233 000	220 000	197 000	1 204 000
Total Current Assets	3 227 000	4 610 000	2 426 000	2 092 000
Total Assets	3 459 000	4 830 000	2 623 000	3 297 000
Total Retained Equity	673 000	514 000	382 000	778 000
Total Equity	715 000	557 000	166 000	820 000
Total Long-Term Debt	285 000	375 000	−79 000	954 000
Total Current Debt	2 459 000	3 898 000	2 537 000	1 522 000
Total Equity and Debt	3 459 000	4 830 000	2 623 000	3 297 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 608 000	13 273 000	9 125 000	7 056 000
Other Income	0	0	0	0
Revenue	14 608 000	13 273 000	9 125 000	7 056 000
Cost of Goods Sold	2 859 000	1 902 000	1 166 000	1 394 000
Salary Costs	6 821 000	5 357 000	3 859 000	3 318 000
Depreciation	196 000	81 000	139 000	186 000
Impairment	0	0	0	0
Expenditure	14 346 000	10 486 000	7 780 000	6 675 000
Operating Profit	262 000	2 788 000	1 346 000	381 000
Financial Income	10 000	13 000	56 000	39 000
Financial Costs	55 000	37 000	54 000	31 000
Financial Balance	−45 000	−24 000	2 000	8 000
Dividends	0	1 275 000	425 000	0
Net Income	158 000	2 157 000	1 029 000	275 000

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	233 000	219 000	196 000	178 000
Total Tangible Assets	233 000	219 000	196 000	178 000
Total Fiancial Fixed Assets	0	1 000	1 000	1 026 000
Total Fixed Assets	233 000	220 000	197 000	1 204 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	594 000	2 884 000	1 163 000	744 000
Total Current Assets	3 227 000	4 610 000	2 426 000	2 092 000
Total Assets	3 459 000	4 830 000	2 623 000	3 297 000
Total Equity	715 000	557 000	166 000	820 000
Short-Term Group Debt	0	0	0	11 000
Total Long-Term Debt	285 000	375 000	−79 000	954 000
Creditors	152 000	180 000	376 000	246 000
Unpaid Taxes	1 074 000	902 000	703 000	567 000
Dividends	0	1 275 000	425 000	0
Other Current Debt	1 174 000	935 000	715 000	582 000
Total Current Debt	2 459 000	3 898 000	2 537 000	1 522 000
Total Equity and Debt	3 459 000	4 830 000	2 623 000	3 297 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,1 %	387,25 %	619,88 %	33,54 %
Debt-to-Equity Ratio	0,4	0,67	−0,48	1,16
Operating Profit Margin	1,79 %	21,01 %	14,75 %	5,4 %
Current Ratio	1,31	1,18	0,96	1,37
Quick Ratio	1,31	1,18	0,96	1,37
Equity Ratio	0,21	0,12	0,06	0,25
Gross Profit Margin	80,43 %	85,67 %	87,22 %	80,24 %