SVÅSAND OG ASKVIK EIENDOMSUTVIKLING AS

5217 HAGAVIK

Finances

Share Ownership

Return on Equity

84,85 %

Current Ratio

0,22

Debt-to-Equity Ratio

−0,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	267 000	418 000	338 000	256 000
Net Income	−112 000	−3 000	−33 000	−42 000
Total Assets	126 000	280 000	270 000	89 000
Total Equity	−132 000	−20 000	−17 000	16 000

Income (NOK)	2022	2021	2020	2019
Revenue	267 000	418 000	338 000	256 000
Expenditure	361 000	410 000	366 000	298 000
Operating Profit	−101 000	8 000	−28 000	−41 000
Financial Income	0	0	0	0
Financial Costs	10 000	11 000	5 000	0
Financial Balance	−10 000	−11 000	−5 000	0
Earnings Before Tax	−112 000	−3 000	−33 000	−42 000
Tax	0	0	0	0
Net Income	−112 000	−3 000	−33 000	−42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	92 000	124 000	156 000	75 000
Total Current Assets	34 000	156 000	114 000	14 000
Total Assets	126 000	280 000	270 000	89 000
Total Retained Equity	−162 000	−50 000	−47 000	−14 000
Total Equity	−132 000	−20 000	−17 000	16 000
Total Long-Term Debt	101 000	135 000	164 000	0
Total Current Debt	157 000	166 000	123 000	74 000
Total Equity and Debt	126 000	280 000	270 000	89 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	267 000	418 000	355 000	256 000
Other Income	0	0	−17 000	0
Revenue	267 000	418 000	338 000	256 000
Cost of Goods Sold	6 000	0	0	23 000
Salary Costs	204 000	285 000	232 000	183 000
Depreciation	32 000	32 000	22 000	15 000
Impairment	0	0	0	0
Expenditure	361 000	410 000	366 000	298 000
Operating Profit	−101 000	8 000	−28 000	−41 000
Financial Income	0	0	0	0
Financial Costs	10 000	11 000	5 000	0
Financial Balance	−10 000	−11 000	−5 000	0
Dividends	0	0	0	0
Net Income	−112 000	−3 000	−33 000	−42 000

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	92 000	124 000	156 000	75 000
Total Tangible Assets	92 000	124 000	156 000	75 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	92 000	124 000	156 000	75 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	88 000	96 000	10 000
Total Current Assets	34 000	156 000	114 000	14 000
Total Assets	126 000	280 000	270 000	89 000
Total Equity	−132 000	−20 000	−17 000	16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	101 000	135 000	164 000	0
Creditors	6 000	13 000	28 000	10 000
Unpaid Taxes	18 000	50 000	39 000	21 000
Dividends	0	0	0	0
Other Current Debt	133 000	102 000	56 000	43 000
Total Current Debt	157 000	166 000	123 000	74 000
Total Equity and Debt	126 000	280 000	270 000	89 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,85 %	15 %	194,12 %	−262,5 %
Debt-to-Equity Ratio	−0,77	−6,75	−9,65	0
Operating Profit Margin	−37,83 %	1,91 %	−8,28 %	−16,02 %
Current Ratio	0,22	0,94	0,93	0,19
Quick Ratio	0,22	0,94	0,93	0,19
Equity Ratio	−1,05	−0,07	−0,06	0,18
Gross Profit Margin	97,75 %	100 %	100 %	91,02 %