SVARSTAD BUTIKKEIENDOM AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

19,44 %

Current Ratio

2,98

Debt-to-Equity Ratio

7,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 624 000	1 758 000	1 472 000	1 473 000
Net Income	452 000	588 000	483 000	436 000
Total Assets	19 201 000	19 495 000	19 804 000	19 926 000
Total Equity	2 325 000	1 873 000	1 285 000	802 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 624 000	1 758 000	1 472 000	1 473 000
Expenditure	419 000	411 000	453 000	437 000
Operating Profit	1 205 000	1 347 000	1 019 000	1 036 000
Financial Income	0	7 000	6 000	1 000
Financial Costs	626 000	601 000	407 000	478 000
Financial Balance	−626 000	−594 000	−401 000	−477 000
Earnings Before Tax	579 000	754 000	619 000	558 000
Tax	127 000	166 000	136 000	123 000
Net Income	452 000	588 000	483 000	436 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 258 000	18 620 000	18 982 000	19 344 000
Total Current Assets	943 000	876 000	823 000	582 000
Total Assets	19 201 000	19 495 000	19 804 000	19 926 000
Total Retained Equity	1 958 000	1 506 000	918 000	436 000
Total Equity	2 325 000	1 873 000	1 285 000	802 000
Total Long-Term Debt	16 561 000	17 198 000	18 329 000	18 953 000
Total Current Debt	316 000	425 000	190 000	170 000
Total Equity and Debt	19 201 000	19 495 000	19 804 000	19 926 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 624 000	1 758 000	1 472 000	1 472 000
Revenue	1 624 000	1 758 000	1 472 000	1 473 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	362 000	362 000	362 000	358 000
Impairment	0	0	0	0
Expenditure	419 000	411 000	453 000	437 000
Operating Profit	1 205 000	1 347 000	1 019 000	1 036 000
Financial Income	0	7 000	6 000	1 000
Financial Costs	626 000	601 000	407 000	478 000
Financial Balance	−626 000	−594 000	−401 000	−477 000
Dividends	0	0	0	0
Net Income	452 000	588 000	483 000	436 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 258 000	18 620 000	18 982 000	19 344 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 258 000	18 620 000	18 982 000	19 344 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 258 000	18 620 000	18 982 000	19 344 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	933 000	531 000	679 000	439 000
Total Current Assets	943 000	876 000	823 000	582 000
Total Assets	19 201 000	19 495 000	19 804 000	19 926 000
Total Equity	2 325 000	1 873 000	1 285 000	802 000
Short-Term Group Debt	121 000	0	0	0
Total Long-Term Debt	16 561 000	17 198 000	18 329 000	18 953 000
Creditors	6 000	144 000	16 000	16 000
Unpaid Taxes	67 000	127 000	57 000	59 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	316 000	425 000	190 000	170 000
Total Equity and Debt	19 201 000	19 495 000	19 804 000	19 926 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,44 %	31,39 %	37,59 %	54,36 %
Debt-to-Equity Ratio	7,12	9,18	14,26	23,63
Operating Profit Margin	74,2 %	76,62 %	69,23 %	70,33 %
Current Ratio	2,98	2,06	4,33	3,42
Quick Ratio	2,98	2,06	4,33	3,42
Equity Ratio	0,12	0,1	0,06	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %