SWINGEN HOLDING AS

4611 KRISTIANSAND S

Finances

Return on Equity

−19,81 %

Current Ratio

0,1

Debt-to-Equity Ratio

1,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	350 000	434 000	0	0
Net Income	−430 000	975 000	−167 000	−167 000
Total Assets	7 448 000	7 437 000	6 418 000	6 537 000
Total Equity	2 171 000	2 601 000	1 770 000	305 000

Income (NOK)	2022	2021	2020	2019
Revenue	350 000	434 000	0	0
Expenditure	709 000	473 000	69 000	32 000
Operating Profit	−359 000	−40 000	−69 000	−32 000
Financial Income	0	0	83 000	73 000
Financial Costs	192 000	149 000	181 000	208 000
Financial Balance	−192 000	−149 000	−98 000	−135 000
Earnings Before Tax	−551 000	−189 000	−167 000	−167 000
Tax	−121 000	−1 164 000	0	0
Net Income	−430 000	975 000	−167 000	−167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 313 000	7 283 000	6 305 000	6 492 000
Total Current Assets	135 000	154 000	113 000	44 000
Total Assets	7 448 000	7 437 000	6 418 000	6 537 000
Total Retained Equity	−161 000	269 000	−562 000	−395 000
Total Equity	2 171 000	2 601 000	1 770 000	305 000
Total Long-Term Debt	3 917 000	4 207 000	4 497 000	4 643 000
Total Current Debt	1 361 000	629 000	151 000	1 589 000
Total Equity and Debt	7 448 000	7 437 000	6 418 000	6 537 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	350 000	434 000	0	0
Revenue	350 000	434 000	0	0
Cost of Goods Sold	40 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	184 000	167 000	0	0
Impairment	0	13 000	0	0
Expenditure	709 000	473 000	69 000	32 000
Operating Profit	−359 000	−40 000	−69 000	−32 000
Financial Income	0	0	83 000	73 000
Financial Costs	192 000	149 000	181 000	208 000
Financial Balance	−192 000	−149 000	−98 000	−135 000
Dividends	0	0	0	0
Net Income	−430 000	975 000	−167 000	−167 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	172 000	51 000	0	0
Real Eastate	7 111 000	7 231 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	0	0	0
Total Tangible Assets	7 139 000	7 231 000	0	0
Total Fiancial Fixed Assets	2 000	2 000	6 305 000	6 492 000
Total Fixed Assets	7 313 000	7 283 000	6 305 000	6 492 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	135 000	142 000	113 000	44 000
Total Current Assets	135 000	154 000	113 000	44 000
Total Assets	7 448 000	7 437 000	6 418 000	6 537 000
Total Equity	2 171 000	2 601 000	1 770 000	305 000
Short-Term Group Debt	1 255 000	565 000	110 000	1 532 000
Total Long-Term Debt	3 917 000	4 207 000	4 497 000	4 643 000
Creditors	33 000	5 000	4 000	0
Unpaid Taxes	4 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	68 000	59 000	38 000	57 000
Total Current Debt	1 361 000	629 000	151 000	1 589 000
Total Equity and Debt	7 448 000	7 437 000	6 418 000	6 537 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,81 %	37,49 %	−9,44 %	−54,75 %
Debt-to-Equity Ratio	1,8	1,62	2,54	15,22
Operating Profit Margin	−102,57 %	−9,22 %	-	-
Current Ratio	0,1	0,24	0,75	0,03
Quick Ratio	0,1	0,24	0,75	0,03
Equity Ratio	0,29	0,35	0,28	0,05
Gross Profit Margin	88,57 %	100 %	-	-