SVOVEL AS

0558 OSLO

Finances

Share Ownership

Return on Equity

0,23 %

Current Ratio

0,46

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 611 000	2 725 000	3 059 000	2 160 000
Net Income	−1 000	212 000	−206 000	−38 000
Total Assets	437 000	389 000	425 000	419 000
Total Equity	−434 000	−433 000	−646 000	−440 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 611 000	2 725 000	3 059 000	2 160 000
Expenditure	3 595 000	2 487 000	3 247 000	2 176 000
Operating Profit	16 000	237 000	−188 000	−16 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	19 000	27 000	19 000	24 000
Financial Balance	−17 000	−25 000	−17 000	−22 000
Earnings Before Tax	−1 000	212 000	−206 000	−38 000
Tax	0	0	0	0
Net Income	−1 000	212 000	−206 000	−38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	38 000	38 000	38 000
Total Current Assets	399 000	351 000	387 000	381 000
Total Assets	437 000	389 000	425 000	419 000
Total Retained Equity	−459 000	−458 000	−670 000	−464 000
Total Equity	−434 000	−433 000	−646 000	−440 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	871 000	822 000	1 071 000	859 000
Total Equity and Debt	437 000	389 000	425 000	419 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 611 000	2 708 000	3 059 000	2 160 000
Other Income	0	17 000	0	0
Revenue	3 611 000	2 725 000	3 059 000	2 160 000
Cost of Goods Sold	1 280 000	589 000	393 000	284 000
Salary Costs	1 839 000	1 582 000	2 527 000	1 578 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 595 000	2 487 000	3 247 000	2 176 000
Operating Profit	16 000	237 000	−188 000	−16 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	19 000	27 000	19 000	24 000
Financial Balance	−17 000	−25 000	−17 000	−22 000
Dividends	0	0	0	0
Net Income	−1 000	212 000	−206 000	−38 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	38 000	38 000	38 000	38 000
Total Fixed Assets	38 000	38 000	38 000	38 000
Stock	242 000	189 000	182 000	137 000
Total Investments	0	0	0	0
Cash, Bank	−44 000	−6 000	14 000	49 000
Total Current Assets	399 000	351 000	387 000	381 000
Total Assets	437 000	389 000	425 000	419 000
Total Equity	−434 000	−433 000	−646 000	−440 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	55 000	79 000	98 000	52 000
Unpaid Taxes	96 000	108 000	228 000	298 000
Dividends	0	0	0	0
Other Current Debt	719 000	636 000	745 000	509 000
Total Current Debt	871 000	822 000	1 071 000	859 000
Total Equity and Debt	437 000	389 000	425 000	419 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,23 %	−48,96 %	31,89 %	8,64 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	0,44 %	8,7 %	−6,15 %	−0,74 %
Current Ratio	0,46	0,43	0,36	0,44
Quick Ratio	0,63	0,55	0,44	0,53
Equity Ratio	−0,99	−1,11	−1,52	−1,05
Gross Profit Margin	64,55 %	78,39 %	87,15 %	86,85 %