SVINNKOMPETANSE AS

4550 FARSUND

Finances

Return on Equity

5,78 %

Current Ratio

1,68

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020
Revenue	2 693 000	1 464 000	455 000
Net Income	39 000	455 000	157 000
Total Assets	1 698 000	1 131 000	294 000
Total Equity	675 000	636 000	180 000

Income (NOK)	2022	2021	2020
Revenue	2 693 000	1 464 000	455 000
Expenditure	2 628 000	892 000	256 000
Operating Profit	65 000	573 000	200 000
Financial Income	16 000	11 000	0
Financial Costs	30 000	3 000	0
Financial Balance	−14 000	8 000	0
Earnings Before Tax	52 000	581 000	200 000
Tax	12 000	125 000	42 000
Net Income	39 000	455 000	157 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	692 000	1 000	0
Total Current Assets	1 005 000	1 130 000	294 000
Total Assets	1 698 000	1 131 000	294 000
Total Retained Equity	645 000	606 000	150 000
Total Equity	675 000	636 000	180 000
Total Long-Term Debt	426 000	0	0
Total Current Debt	597 000	495 000	114 000
Total Equity and Debt	1 698 000	1 131 000	294 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 693 000	1 464 000	455 000
Other Income	0	0	0
Revenue	2 693 000	1 464 000	455 000
Cost of Goods Sold	146 000	153 000	61 000
Salary Costs	1 807 000	407 000	1 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 628 000	892 000	256 000
Operating Profit	65 000	573 000	200 000
Financial Income	16 000	11 000	0
Financial Costs	30 000	3 000	0
Financial Balance	−14 000	8 000	0
Dividends	0	0	0
Net Income	39 000	455 000	157 000

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	692 000	1 000	0
Total Fixed Assets	692 000	1 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	509 000	618 000	240 000
Total Current Assets	1 005 000	1 130 000	294 000
Total Assets	1 698 000	1 131 000	294 000
Total Equity	675 000	636 000	180 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	426 000	0	0
Creditors	48 000	27 000	26 000
Unpaid Taxes	208 000	170 000	18 000
Dividends	0	0	0
Other Current Debt	329 000	173 000	28 000
Total Current Debt	597 000	495 000	114 000
Total Equity and Debt	1 698 000	1 131 000	294 000

Financial indicators	2022	2021	2020
Return on Equity	5,78 %	71,54 %	87,22 %
Debt-to-Equity Ratio	0,63	0	0
Operating Profit Margin	2,41 %	39,14 %	43,96 %
Current Ratio	1,68	2,28	2,58
Quick Ratio	1,68	2,28	2,58
Equity Ratio	0,4	0,56	0,61
Gross Profit Margin	94,58 %	89,55 %	86,59 %