SØLVANE GARD AS

6823 SANDANE

Finances

Share Ownership

Return on Equity

30,49 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020
Revenue	6 194 000	4 308 000	0
Net Income	111 000	235 000	−7 000
Total Assets	2 079 000	1 437 000	27 000
Total Equity	364 000	252 000	17 000

Income (NOK)	2022	2021	2020
Revenue	6 194 000	4 308 000	0
Expenditure	6 053 000	4 009 000	7 000
Operating Profit	141 000	300 000	−7 000
Financial Income	1 000	0	0
Financial Costs	1 000	0	0
Financial Balance	0	0	0
Earnings Before Tax	140 000	300 000	−7 000
Tax	29 000	65 000	0
Net Income	111 000	235 000	−7 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	92 000	139 000	0
Total Current Assets	1 987 000	1 297 000	27 000
Total Assets	2 079 000	1 437 000	27 000
Total Retained Equity	340 000	228 000	−7 000
Total Equity	364 000	252 000	17 000
Total Long-Term Debt	212 000	211 000	0
Total Current Debt	1 503 000	974 000	10 000
Total Equity and Debt	2 079 000	1 437 000	27 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 649 000	4 278 000	0
Other Income	545 000	30 000	0
Revenue	6 194 000	4 308 000	0
Cost of Goods Sold	1 861 000	2 054 000	0
Salary Costs	1 681 000	714 000	0
Depreciation	36 000	31 000	0
Impairment	0	0	0
Expenditure	6 053 000	4 009 000	7 000
Operating Profit	141 000	300 000	−7 000
Financial Income	1 000	0	0
Financial Costs	1 000	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	111 000	235 000	−7 000

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	91 000	139 000	0
Total Tangible Assets	91 000	139 000	0
Total Fiancial Fixed Assets	1 000	0	0
Total Fixed Assets	92 000	139 000	0
Stock	831 000	375 000	9 000
Total Investments	0	0	0
Cash, Bank	971 000	761 000	15 000
Total Current Assets	1 987 000	1 297 000	27 000
Total Assets	2 079 000	1 437 000	27 000
Total Equity	364 000	252 000	17 000
Short-Term Group Debt	0	80 000	0
Total Long-Term Debt	212 000	211 000	0
Creditors	436 000	687 000	10 000
Unpaid Taxes	98 000	49 000	0
Dividends	0	0	0
Other Current Debt	939 000	94 000	0
Total Current Debt	1 503 000	974 000	10 000
Total Equity and Debt	2 079 000	1 437 000	27 000

Financial indicators	2022	2021	2020
Return on Equity	30,49 %	93,25 %	−41,18 %
Debt-to-Equity Ratio	0,58	0,84	0
Operating Profit Margin	2,28 %	6,96 %	-
Current Ratio	1,32	1,33	2,7
Quick Ratio	2,96	2,17	27
Equity Ratio	0,18	0,18	0,63
Gross Profit Margin	69,95 %	52,32 %	-