SWIRE ENERGY SERVICES AS

4051 SOLA

Finances

Return on Equity

20,45 %

Current Ratio

0,93

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	392 605 000	354 471 000	356 070 000	328 253 000
Net Income	15 376 000	−24 604 000	−9 398 000	−33 187 000
Total Assets	255 067 000	242 731 000	216 071 000	156 107 000
Total Equity	75 206 000	70 248 000	94 323 000	35 937 000

Income (NOK)	2022	2021	2020	2019
Revenue	392 605 000	354 471 000	356 070 000	328 253 000
Expenditure	376 614 000	376 753 000	373 434 000	356 579 000
Operating Profit	15 990 000	−22 281 000	−17 364 000	−28 326 000
Financial Income	1 255 000	663 000	10 230 000	1 260 000
Financial Costs	1 869 000	2 986 000	2 264 000	6 121 000
Financial Balance	−614 000	−2 323 000	7 966 000	−4 861 000
Earnings Before Tax	15 376 000	−24 604 000	−9 398 000	−33 187 000
Tax	0	0	0	0
Net Income	15 376 000	−24 604 000	−9 398 000	−33 187 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	113 716 000	104 661 000	97 947 000	41 331 000
Total Current Assets	141 352 000	138 069 000	118 124 000	114 777 000
Total Assets	255 067 000	242 731 000	216 071 000	156 107 000
Total Retained Equity	−19 117 000	−24 075 000	−147 816 000	−141 380 000
Total Equity	75 206 000	70 248 000	94 323 000	35 937 000
Total Long-Term Debt	27 533 000	18 674 000	20 958 000	24 454 000
Total Current Debt	152 328 000	153 808 000	100 790 000	95 717 000
Total Equity and Debt	255 067 000	242 731 000	216 071 000	156 107 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	392 605 000	354 471 000	356 070 000	328 253 000
Other Income	0	0	0	0
Revenue	392 605 000	354 471 000	356 070 000	328 253 000
Cost of Goods Sold	170 983 000	191 412 000	197 954 000	188 884 000
Salary Costs	120 110 000	102 960 000	96 412 000	93 964 000
Depreciation	8 359 000	10 461 000	12 097 000	9 294 000
Impairment	0	0	0	0
Expenditure	376 614 000	376 753 000	373 434 000	356 579 000
Operating Profit	15 990 000	−22 281 000	−17 364 000	−28 326 000
Financial Income	1 255 000	663 000	10 230 000	1 260 000
Financial Costs	1 869 000	2 986 000	2 264 000	6 121 000
Financial Balance	−614 000	−2 323 000	7 966 000	−4 861 000
Dividends	0	0	0	0
Net Income	15 376 000	−24 604 000	−9 398 000	−33 187 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 941 000	12 601 000	15 888 000	19 946 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	36 917 000	15 162 000	17 967 000	15 619 000
Fixtures	6 547 000	15 587 000	4 205 000	5 766 000
Total Tangible Assets	43 464 000	30 749 000	22 172 000	21 385 000
Total Fiancial Fixed Assets	61 311 000	61 311 000	59 886 000	0
Total Fixed Assets	113 716 000	104 661 000	97 947 000	41 331 000
Stock	13 969 000	13 649 000	9 532 000	8 627 000
Total Investments	0	0	0	0
Cash, Bank	19 570 000	31 048 000	17 217 000	24 313 000
Total Current Assets	141 352 000	138 069 000	118 124 000	114 777 000
Total Assets	255 067 000	242 731 000	216 071 000	156 107 000
Total Equity	75 206 000	70 248 000	94 323 000	35 937 000
Short-Term Group Debt	35 560 000	35 740 000	22 980 000	20 350 000
Total Long-Term Debt	27 533 000	18 674 000	20 958 000	24 454 000
Creditors	64 862 000	79 306 000	30 238 000	39 853 000
Unpaid Taxes	9 327 000	8 625 000	12 511 000	14 429 000
Dividends	0	0	0	0
Other Current Debt	42 580 000	30 138 000	35 061 000	21 084 000
Total Current Debt	152 328 000	153 808 000	100 790 000	95 717 000
Total Equity and Debt	255 067 000	242 731 000	216 071 000	156 107 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,45 %	−35,02 %	−9,96 %	−92,35 %
Debt-to-Equity Ratio	0,37	0,27	0,22	0,68
Operating Profit Margin	4,07 %	−6,29 %	−4,88 %	−8,63 %
Current Ratio	0,93	0,9	1,17	1,2
Quick Ratio	1,02	0,99	1,29	1,32
Equity Ratio	0,29	0,29	0,44	0,23
Gross Profit Margin	56,45 %	46 %	44,41 %	42,46 %