SIWE ELEKTRO AS

9405 HARSTAD

Finances

Share Ownership

Return on Equity

93,42 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 519 000	20 858 000	25 812 000	27 728 000
Net Income	1 518 000	579 000	−827 000	3 484 000
Total Assets	7 549 000	6 485 000	5 935 000	9 411 000
Total Equity	1 625 000	1 357 000	1 278 000	2 104 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 519 000	20 858 000	25 812 000	27 728 000
Expenditure	18 533 000	20 047 000	26 795 000	23 219 000
Operating Profit	1 986 000	811 000	−983 000	4 509 000
Financial Income	8 000	1 000	7 000	2 000
Financial Costs	43 000	59 000	71 000	101 000
Financial Balance	−35 000	−58 000	−64 000	−99 000
Earnings Before Tax	1 951 000	753 000	−1 047 000	4 410 000
Tax	433 000	174 000	−220 000	926 000
Net Income	1 518 000	579 000	−827 000	3 484 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	84 000	158 000	254 000	328 000
Total Current Assets	7 465 000	6 327 000	5 681 000	9 084 000
Total Assets	7 549 000	6 485 000	5 935 000	9 411 000
Total Retained Equity	1 525 000	1 257 000	1 178 000	2 004 000
Total Equity	1 625 000	1 357 000	1 278 000	2 104 000
Total Long-Term Debt	49 000	55 000	75 000	143 000
Total Current Debt	5 875 000	5 073 000	4 582 000	7 164 000
Total Equity and Debt	7 549 000	6 485 000	5 935 000	9 411 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 519 000	20 830 000	25 810 000	26 454 000
Other Income	0	28 000	2 000	1 274 000
Revenue	20 519 000	20 858 000	25 812 000	27 728 000
Cost of Goods Sold	7 983 000	7 288 000	12 659 000	9 893 000
Salary Costs	7 603 000	9 764 000	10 853 000	10 206 000
Depreciation	40 000	63 000	80 000	85 000
Impairment	0	0	0	0
Expenditure	18 533 000	20 047 000	26 795 000	23 219 000
Operating Profit	1 986 000	811 000	−983 000	4 509 000
Financial Income	8 000	1 000	7 000	2 000
Financial Costs	43 000	59 000	71 000	101 000
Financial Balance	−35 000	−58 000	−64 000	−99 000
Dividends	1 250 000	500 000	0	1 500 000
Net Income	1 518 000	579 000	−827 000	3 484 000

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	37 000	77 000	169 000	249 000
Total Tangible Assets	37 000	77 000	169 000	249 000
Total Fiancial Fixed Assets	47 000	81 000	85 000	79 000
Total Fixed Assets	84 000	158 000	254 000	328 000
Stock	537 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 171 000	2 622 000	1 382 000	2 788 000
Total Current Assets	7 465 000	6 327 000	5 681 000	9 084 000
Total Assets	7 549 000	6 485 000	5 935 000	9 411 000
Total Equity	1 625 000	1 357 000	1 278 000	2 104 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	49 000	55 000	75 000	143 000
Creditors	2 083 000	1 853 000	1 539 000	1 806 000
Unpaid Taxes	1 222 000	1 276 000	1 096 000	1 694 000
Dividends	1 250 000	500 000	0	1 500 000
Other Current Debt	880 000	1 250 000	1 472 000	1 381 000
Total Current Debt	5 875 000	5 073 000	4 582 000	7 164 000
Total Equity and Debt	7 549 000	6 485 000	5 935 000	9 411 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,42 %	42,67 %	−64,71 %	165,59 %
Debt-to-Equity Ratio	0,03	0,04	0,06	0,07
Operating Profit Margin	9,68 %	3,89 %	−3,81 %	16,26 %
Current Ratio	1,27	1,25	1,24	1,27
Quick Ratio	1,4	1,25	1,24	1,27
Equity Ratio	0,22	0,21	0,22	0,22
Gross Profit Margin	61,09 %	65,06 %	50,96 %	64,32 %