SØLVTRANS CANADA AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

−19,94 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 476 000	5 991 000	4 466 000	3 519 000
Net Income	−4 014 000	−166 000	−1 350 000	−542 000
Total Assets	75 505 000	4 770 000	3 634 000	3 123 000
Total Equity	20 134 000	−161 000	5 000	1 356 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 476 000	5 991 000	4 466 000	3 519 000
Expenditure	73 164 000	6 036 000	6 043 000	4 249 000
Operating Profit	−5 688 000	−46 000	−1 578 000	−731 000
Financial Income	6 679 000	0	1 000	74 000
Financial Costs	6 143 000	197 000	104 000	39 000
Financial Balance	536 000	−197 000	−103 000	35 000
Earnings Before Tax	−5 152 000	−243 000	−1 681 000	−696 000
Tax	−1 137 000	−78 000	−331 000	−153 000
Net Income	−4 014 000	−166 000	−1 350 000	−542 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 529 000	692 000	609 000	289 000
Total Current Assets	66 975 000	4 079 000	3 024 000	2 833 000
Total Assets	75 505 000	4 770 000	3 634 000	3 123 000
Total Retained Equity	0	−2 058 000	−1 893 000	−542 000
Total Equity	20 134 000	−161 000	5 000	1 356 000
Total Long-Term Debt	0	0	0	7 000
Total Current Debt	55 371 000	4 931 000	3 628 000	1 760 000
Total Equity and Debt	75 505 000	4 770 000	3 634 000	3 123 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	67 461 000	0	4 466 000	2 924 000
Other Income	15 000	5 991 000	0	595 000
Revenue	67 476 000	5 991 000	4 466 000	3 519 000
Cost of Goods Sold	35 975 000	0	0	0
Salary Costs	25 521 000	2 347 000	2 048 000	0
Depreciation	75 000	3 000	3 000	3 000
Impairment	0	0	0	0
Expenditure	73 164 000	6 036 000	6 043 000	4 249 000
Operating Profit	−5 688 000	−46 000	−1 578 000	−731 000
Financial Income	6 679 000	0	1 000	74 000
Financial Costs	6 143 000	197 000	104 000	39 000
Financial Balance	536 000	−197 000	−103 000	35 000
Dividends	0	0	0	0
Net Income	−4 014 000	−166 000	−1 350 000	−542 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 309 000	580 000	503 000	153 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	11 000	34 000
Fixtures	0	0	0	0
Total Tangible Assets	0	7 000	11 000	34 000
Total Fiancial Fixed Assets	3 220 000	104 000	96 000	102 000
Total Fixed Assets	8 529 000	692 000	609 000	289 000
Stock	0	18 000	0	8 000
Total Investments	0	0	0	0
Cash, Bank	184 000	405 000	167 000	560 000
Total Current Assets	66 975 000	4 079 000	3 024 000	2 833 000
Total Assets	75 505 000	4 770 000	3 634 000	3 123 000
Total Equity	20 134 000	−161 000	5 000	1 356 000
Short-Term Group Debt	45 706 000	4 756 000	0	0
Total Long-Term Debt	0	0	0	7 000
Creditors	6 695 000	15 000	95 000	147 000
Unpaid Taxes	311 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 660 000	160 000	3 534 000	1 613 000
Total Current Debt	55 371 000	4 931 000	3 628 000	1 760 000
Total Equity and Debt	75 505 000	4 770 000	3 634 000	3 123 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,94 %	103,11 %	−27 000 %	−39,97 %
Debt-to-Equity Ratio	0	−0	0	0,01
Operating Profit Margin	−8,43 %	−0,77 %	−35,33 %	−20,77 %
Current Ratio	1,21	0,83	0,83	1,61
Quick Ratio	1,21	0,83	0,83	1,62
Equity Ratio	0,27	−0,03	0	0,43
Gross Profit Margin	46,68 %	100 %	100 %	100 %