SVANEVIK VVS AS

5160 LAKSEVÅG

Finances

Share Ownership

Return on Equity

28,08 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 387 000	5 210 000	2 354 000	518 000
Net Income	114 000	120 000	62 000	79 000
Total Assets	2 009 000	1 182 000	600 000	210 000
Total Equity	406 000	292 000	172 000	109 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 387 000	5 210 000	2 354 000	518 000
Expenditure	6 180 000	5 056 000	2 273 000	417 000
Operating Profit	207 000	153 000	81 000	102 000
Financial Income	1 000	1 000	0	0
Financial Costs	13 000	1 000	0	0
Financial Balance	−12 000	0	0	0
Earnings Before Tax	195 000	153 000	81 000	102 000
Tax	81 000	33 000	18 000	22 000
Net Income	114 000	120 000	62 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 009 000	1 182 000	600 000	210 000
Total Assets	2 009 000	1 182 000	600 000	210 000
Total Retained Equity	376 000	262 000	142 000	79 000
Total Equity	406 000	292 000	172 000	109 000
Total Long-Term Debt	0	0	0	2 000
Total Current Debt	1 603 000	891 000	428 000	99 000
Total Equity and Debt	2 009 000	1 182 000	600 000	210 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 387 000	5 141 000	2 354 000	518 000
Other Income	0	70 000	0	0
Revenue	6 387 000	5 210 000	2 354 000	518 000
Cost of Goods Sold	2 987 000	2 454 000	1 140 000	227 000
Salary Costs	2 052 000	1 985 000	807 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 180 000	5 056 000	2 273 000	417 000
Operating Profit	207 000	153 000	81 000	102 000
Financial Income	1 000	1 000	0	0
Financial Costs	13 000	1 000	0	0
Financial Balance	−12 000	0	0	0
Dividends	0	0	0	0
Net Income	114 000	120 000	62 000	79 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	175 000	90 000	0	0
Total Investments	0	0	0	0
Cash, Bank	609 000	610 000	396 000	160 000
Total Current Assets	2 009 000	1 182 000	600 000	210 000
Total Assets	2 009 000	1 182 000	600 000	210 000
Total Equity	406 000	292 000	172 000	109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 000
Creditors	802 000	233 000	191 000	51 000
Unpaid Taxes	315 000	363 000	142 000	25 000
Dividends	0	0	0	0
Other Current Debt	406 000	262 000	76 000	0
Total Current Debt	1 603 000	891 000	428 000	99 000
Total Equity and Debt	2 009 000	1 182 000	600 000	210 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,08 %	41,1 %	36,05 %	72,48 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	3,24 %	2,94 %	3,44 %	19,69 %
Current Ratio	1,25	1,33	1,4	2,12
Quick Ratio	1,41	1,48	1,4	2,12
Equity Ratio	0,2	0,25	0,29	0,52
Gross Profit Margin	53,23 %	52,9 %	51,57 %	56,18 %