SØLVMINEN AS

0753 OSLO

Finances

Share Ownership

Return on Equity

20,31 %

Current Ratio

3,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 054 000	1 047 000	591 000
Net Income	53 000	89 000	88 000
Total Assets	391 000	329 000	223 000
Total Equity	261 000	207 000	118 000

Income (NOK)	2022	2021	2020
Revenue	1 054 000	1 047 000	591 000
Expenditure	977 000	925 000	478 000
Operating Profit	77 000	121 000	113 000
Financial Income	4 000	4 000	4 000
Financial Costs	11 000	11 000	3 000
Financial Balance	−7 000	−7 000	1 000
Earnings Before Tax	69 000	115 000	113 000
Tax	16 000	25 000	25 000
Net Income	53 000	89 000	88 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	391 000	329 000	223 000
Total Assets	391 000	329 000	223 000
Total Retained Equity	231 000	177 000	88 000
Total Equity	261 000	207 000	118 000
Total Long-Term Debt	0	0	0
Total Current Debt	130 000	122 000	105 000
Total Equity and Debt	391 000	329 000	223 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 054 000	1 047 000	591 000
Other Income	0	0	0
Revenue	1 054 000	1 047 000	591 000
Cost of Goods Sold	549 000	607 000	279 000
Salary Costs	283 000	184 000	133 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	977 000	925 000	478 000
Operating Profit	77 000	121 000	113 000
Financial Income	4 000	4 000	4 000
Financial Costs	11 000	11 000	3 000
Financial Balance	−7 000	−7 000	1 000
Dividends	0	0	0
Net Income	53 000	89 000	88 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	98 000	55 000	22 000
Total Investments	0	0	0
Cash, Bank	236 000	184 000	133 000
Total Current Assets	391 000	329 000	223 000
Total Assets	391 000	329 000	223 000
Total Equity	261 000	207 000	118 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	11 000	19 000	8 000
Unpaid Taxes	77 000	63 000	54 000
Dividends	0	0	0
Other Current Debt	27 000	15 000	18 000
Total Current Debt	130 000	122 000	105 000
Total Equity and Debt	391 000	329 000	223 000

Financial indicators	2022	2021	2020
Return on Equity	20,31 %	43 %	74,58 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	7,31 %	11,56 %	19,12 %
Current Ratio	3,01	2,7	2,12
Quick Ratio	12,22	4,91	2,69
Equity Ratio	0,67	0,63	0,53
Gross Profit Margin	47,91 %	42,02 %	52,79 %