SØLVBERG TEKSTIL AS

1448 DRØBAK

Finances

Share Ownership

Return on Equity

115,21 %

Current Ratio

0,51

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 672 000	4 837 000	6 793 000	9 120 000
Net Income	−1 613 000	−272 000	−136 000	−2 284 000
Total Assets	1 459 000	4 240 000	3 099 000	3 842 000
Total Equity	−1 400 000	−87 000	185 000	−1 579 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 672 000	4 837 000	6 793 000	9 120 000
Expenditure	5 161 000	5 007 000	6 665 000	10 756 000
Operating Profit	−1 488 000	−169 000	128 000	−1 637 000
Financial Income	31 000	19 000	344 000	242 000
Financial Costs	155 000	122 000	607 000	401 000
Financial Balance	−124 000	−103 000	−263 000	−159 000
Earnings Before Tax	−1 613 000	−272 000	−136 000	−1 797 000
Tax	0	0	0	488 000
Net Income	−1 613 000	−272 000	−136 000	−2 284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	1 000	11 000
Total Current Assets	1 459 000	4 240 000	3 099 000	3 831 000
Total Assets	1 459 000	4 240 000	3 099 000	3 842 000
Total Retained Equity	−1 520 000	−197 000	0	−1 679 000
Total Equity	−1 400 000	−87 000	185 000	−1 579 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 859 000	4 327 000	2 915 000	5 421 000
Total Equity and Debt	1 459 000	4 240 000	3 099 000	3 842 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 672 000	4 837 000	6 793 000	9 120 000
Other Income	0	0	0	0
Revenue	3 672 000	4 837 000	6 793 000	9 120 000
Cost of Goods Sold	3 627 000	3 251 000	4 495 000	7 590 000
Salary Costs	654 000	731 000	991 000	1 785 000
Depreciation	0	1 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	5 161 000	5 007 000	6 665 000	10 756 000
Operating Profit	−1 488 000	−169 000	128 000	−1 637 000
Financial Income	31 000	19 000	344 000	242 000
Financial Costs	155 000	122 000	607 000	401 000
Financial Balance	−124 000	−103 000	−263 000	−159 000
Dividends	0	0	0	0
Net Income	−1 613 000	−272 000	−136 000	−2 284 000

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	0	0	1 000	11 000
Total Tangible Assets	0	0	1 000	11 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	1 000	11 000
Stock	961 000	2 393 000	2 658 000	3 324 000
Total Investments	0	0	0	0
Cash, Bank	20 000	26 000	23 000	68 000
Total Current Assets	1 459 000	4 240 000	3 099 000	3 831 000
Total Assets	1 459 000	4 240 000	3 099 000	3 842 000
Total Equity	−1 400 000	−87 000	185 000	−1 579 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	266 000	256 000	203 000
Unpaid Taxes	138 000	153 000	125 000	250 000
Dividends	0	0	0	0
Other Current Debt	126 000	292 000	375 000	197 000
Total Current Debt	2 859 000	4 327 000	2 915 000	5 421 000
Total Equity and Debt	1 459 000	4 240 000	3 099 000	3 842 000

Financial indicators	2022	2021	2020	2019
Return on Equity	115,21 %	312,64 %	−73,51 %	144,65 %
Debt-to-Equity Ratio	−0	−0	0	−0
Operating Profit Margin	−40,52 %	−3,49 %	1,88 %	−17,95 %
Current Ratio	0,51	0,98	1,06	0,71
Quick Ratio	0,77	2,19	12,06	1,83
Equity Ratio	−0,96	−0,02	0,06	−0,41
Gross Profit Margin	1,23 %	32,79 %	33,83 %	16,78 %