Brødrene Svendsen A.S.

4010 STAVANGER

Finances

Return on Equity

10,78 %

Current Ratio

0,13

Debt-to-Equity Ratio

4,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 562 000	2 677 000	2 406 000	2 168 000
Net Income	396 000	482 000	156 000	−69 000
Total Assets	21 478 000	21 840 000	23 542 000	23 671 000
Total Equity	3 674 000	3 278 000	2 796 000	2 640 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 562 000	2 677 000	2 406 000	2 168 000
Expenditure	1 271 000	1 427 000	1 504 000	1 514 000
Operating Profit	1 291 000	1 250 000	901 000	655 000
Financial Income	3 000	1 000	0	0
Financial Costs	787 000	632 000	693 000	735 000
Financial Balance	−784 000	−631 000	−693 000	−735 000
Earnings Before Tax	507 000	618 000	208 000	−80 000
Tax	111 000	136 000	53 000	−11 000
Net Income	396 000	482 000	156 000	−69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 191 000	21 618 000	22 837 000	23 458 000
Total Current Assets	286 000	221 000	705 000	214 000
Total Assets	21 478 000	21 840 000	23 542 000	23 671 000
Total Retained Equity	3 524 000	3 128 000	2 646 000	2 490 000
Total Equity	3 674 000	3 278 000	2 796 000	2 640 000
Total Long-Term Debt	15 620 000	16 396 000	18 337 000	18 922 000
Total Current Debt	2 184 000	2 165 000	2 409 000	2 110 000
Total Equity and Debt	21 478 000	21 840 000	23 542 000	23 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 000	65 000	60 000	30 000
Other Income	2 502 000	2 612 000	2 346 000	2 138 000
Revenue	2 562 000	2 677 000	2 406 000	2 168 000
Cost of Goods Sold	10 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	427 000	566 000	817 000	648 000
Impairment	0	0	0	0
Expenditure	1 271 000	1 427 000	1 504 000	1 514 000
Operating Profit	1 291 000	1 250 000	901 000	655 000
Financial Income	3 000	1 000	0	0
Financial Costs	787 000	632 000	693 000	735 000
Financial Balance	−784 000	−631 000	−693 000	−735 000
Dividends	0	0	0	0
Net Income	396 000	482 000	156 000	−69 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 838 000	21 169 000	21 522 000	21 697 000
Machinery and Plant Facilities	332 000	423 000	0	0
Fixtures	21 000	26 000	1 315 000	1 761 000
Total Tangible Assets	21 191 000	21 618 000	22 837 000	23 458 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 191 000	21 618 000	22 837 000	23 458 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	235 000	132 000	590 000	150 000
Total Current Assets	286 000	221 000	705 000	214 000
Total Assets	21 478 000	21 840 000	23 542 000	23 671 000
Total Equity	3 674 000	3 278 000	2 796 000	2 640 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 620 000	16 396 000	18 337 000	18 922 000
Creditors	132 000	198 000	365 000	207 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 922 000	1 843 000	1 988 000	1 903 000
Total Current Debt	2 184 000	2 165 000	2 409 000	2 110 000
Total Equity and Debt	21 478 000	21 840 000	23 542 000	23 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,78 %	14,7 %	5,58 %	−2,61 %
Debt-to-Equity Ratio	4,25	5	6,56	7,17
Operating Profit Margin	50,39 %	46,69 %	37,45 %	30,21 %
Current Ratio	0,13	0,1	0,29	0,1
Quick Ratio	0,13	0,1	0,29	0,1
Equity Ratio	0,17	0,15	0,12	0,11
Gross Profit Margin	99,61 %	100 %	100 %	100 %