R. SVARSTAD AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

−5,74 %

Current Ratio

4,29

Debt-to-Equity Ratio

1,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 004 000	977 000	2 056 000	1 109 000
Net Income	−31 000	28 000	388 000	108 000
Total Assets	1 401 000	1 408 000	1 659 000	646 000
Total Equity	540 000	571 000	542 000	154 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 004 000	977 000	2 056 000	1 109 000
Expenditure	1 015 000	910 000	1 556 000	966 000
Operating Profit	−12 000	66 000	501 000	143 000
Financial Income	0	−1 000	1 000	0
Financial Costs	28 000	30 000	4 000	22 000
Financial Balance	−28 000	−31 000	−3 000	−22 000
Earnings Before Tax	−40 000	36 000	498 000	122 000
Tax	−9 000	8 000	110 000	13 000
Net Income	−31 000	28 000	388 000	108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	771 000	885 000	1 143 000	545 000
Total Current Assets	630 000	523 000	515 000	102 000
Total Assets	1 401 000	1 408 000	1 659 000	646 000
Total Retained Equity	528 000	559 000	531 000	142 000
Total Equity	540 000	571 000	542 000	154 000
Total Long-Term Debt	714 000	789 000	275 000	348 000
Total Current Debt	147 000	48 000	841 000	145 000
Total Equity and Debt	1 401 000	1 408 000	1 659 000	646 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 004 000	977 000	2 056 000	1 109 000
Other Income	0	0	0	0
Revenue	1 004 000	977 000	2 056 000	1 109 000
Cost of Goods Sold	380 000	252 000	825 000	355 000
Salary Costs	15 000	119 000	213 000	1 000
Depreciation	261 000	258 000	161 000	198 000
Impairment	0	0	0	0
Expenditure	1 015 000	910 000	1 556 000	966 000
Operating Profit	−12 000	66 000	501 000	143 000
Financial Income	0	−1 000	1 000	0
Financial Costs	28 000	30 000	4 000	22 000
Financial Balance	−28 000	−31 000	−3 000	−22 000
Dividends	0	0	0	0
Net Income	−31 000	28 000	388 000	108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	11 000
Real Eastate	0	71 000	94 000	0
Machinery and Plant Facilities	703 000	633 000	789 000	471 000
Fixtures	68 000	119 000	170 000	62 000
Total Tangible Assets	771 000	885 000	1 143 000	533 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	771 000	885 000	1 143 000	545 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	606 000	488 000	496 000	97 000
Total Current Assets	630 000	523 000	515 000	102 000
Total Assets	1 401 000	1 408 000	1 659 000	646 000
Total Equity	540 000	571 000	542 000	154 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	714 000	789 000	275 000	348 000
Creditors	16 000	22 000	713 000	0
Unpaid Taxes	43 000	1 000	10 000	69 000
Dividends	0	0	0	0
Other Current Debt	81 000	5 000	49 000	42 000
Total Current Debt	147 000	48 000	841 000	145 000
Total Equity and Debt	1 401 000	1 408 000	1 659 000	646 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,74 %	4,9 %	71,59 %	70,13 %
Debt-to-Equity Ratio	1,32	1,38	0,51	2,26
Operating Profit Margin	−1,2 %	6,76 %	24,37 %	12,89 %
Current Ratio	4,29	10,9	0,61	0,7
Quick Ratio	4,29	10,9	0,61	0,7
Equity Ratio	0,39	0,41	0,33	0,24
Gross Profit Margin	62,15 %	74,21 %	59,87 %	67,99 %