SØVIK BILSERVICE AS

6386 MÅNDALEN

Finances

Share Ownership

Return on Equity

180,24 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 913 000	3 334 000	3 324 000	3 239 000
Net Income	602 000	447 000	348 000	344 000
Total Assets	1 505 000	1 248 000	1 306 000	923 000
Total Equity	334 000	542 000	1 044 000	697 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 913 000	3 334 000	3 324 000	3 239 000
Expenditure	3 139 000	2 759 000	2 874 000	2 796 000
Operating Profit	774 000	576 000	450 000	443 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	4 000	2 000
Financial Balance	−2 000	−2 000	−4 000	−2 000
Earnings Before Tax	772 000	574 000	446 000	441 000
Tax	170 000	126 000	99 000	97 000
Net Income	602 000	447 000	348 000	344 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	96 000	31 000	58 000	56 000
Total Current Assets	1 410 000	1 217 000	1 248 000	866 000
Total Assets	1 505 000	1 248 000	1 306 000	923 000
Total Retained Equity	254 000	462 000	964 000	617 000
Total Equity	334 000	542 000	1 044 000	697 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 171 000	706 000	262 000	226 000
Total Equity and Debt	1 505 000	1 248 000	1 306 000	923 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 913 000	3 334 000	3 324 000	3 176 000
Other Income	0	0	0	63 000
Revenue	3 913 000	3 334 000	3 324 000	3 239 000
Cost of Goods Sold	1 731 000	1 547 000	1 661 000	1 546 000
Salary Costs	707 000	596 000	568 000	617 000
Depreciation	42 000	28 000	28 000	7 000
Impairment	0	0	0	0
Expenditure	3 139 000	2 759 000	2 874 000	2 796 000
Operating Profit	774 000	576 000	450 000	443 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	4 000	2 000
Financial Balance	−2 000	−2 000	−4 000	−2 000
Dividends	810 000	0	0	0
Net Income	602 000	447 000	348 000	344 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	0	0
Real Eastate	47 000	21 000	43 000	34 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	9 000	16 000	22 000
Total Tangible Assets	96 000	30 000	58 000	56 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	96 000	31 000	58 000	56 000
Stock	0	0	0	105 000
Total Investments	0	0	0	0
Cash, Bank	541 000	1 013 000	1 180 000	593 000
Total Current Assets	1 410 000	1 217 000	1 248 000	866 000
Total Assets	1 505 000	1 248 000	1 306 000	923 000
Total Equity	334 000	542 000	1 044 000	697 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	32 000	90 000	54 000	40 000
Unpaid Taxes	130 000	139 000	109 000	89 000
Dividends	810 000	0	0	0
Other Current Debt	30 000	350 000	0	0
Total Current Debt	1 171 000	706 000	262 000	226 000
Total Equity and Debt	1 505 000	1 248 000	1 306 000	923 000

Financial indicators	2022	2021	2020	2019
Return on Equity	180,24 %	82,47 %	33,33 %	49,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,78 %	17,28 %	13,54 %	13,68 %
Current Ratio	1,2	1,72	4,76	3,83
Quick Ratio	1,2	1,72	4,76	7,16
Equity Ratio	0,22	0,43	0,8	0,76
Gross Profit Margin	55,76 %	53,6 %	50,03 %	52,27 %