SVITHUN FINANS AS

4013 STAVANGER

Finances

Return on Equity

−8,18 %

Current Ratio

9,86

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 176 000	1 644 000	1 695 000	−1 644 000
Total Assets	24 621 000	28 015 000	27 780 000	27 336 000
Total Equity	14 371 000	15 547 000	13 903 000	12 207 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	2 546 000	2 689 000	2 819 000	3 066 000
Operating Profit	−2 546 000	−2 689 000	−2 820 000	−3 066 000
Financial Income	3 348 000	4 434 000	4 731 000	1 964 000
Financial Costs	1 978 000	243 000	374 000	627 000
Financial Balance	1 370 000	4 191 000	4 357 000	1 337 000
Earnings Before Tax	−1 176 000	1 501 000	1 538 000	−1 728 000
Tax	0	−143 000	−157 000	−84 000
Net Income	−1 176 000	1 644 000	1 695 000	−1 644 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 942 000	22 204 000	22 270 000	21 542 000
Total Current Assets	3 679 000	5 811 000	5 510 000	5 794 000
Total Assets	24 621 000	28 015 000	27 780 000	27 336 000
Total Retained Equity	4 792 000	5 968 000	4 324 000	2 628 000
Total Equity	14 371 000	15 547 000	13 903 000	12 207 000
Total Long-Term Debt	9 877 000	11 229 000	12 587 000	14 189 000
Total Current Debt	373 000	1 239 000	1 290 000	940 000
Total Equity and Debt	24 621 000	28 015 000	27 780 000	27 336 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	2 084 000	1 893 000	2 080 000	2 199 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 546 000	2 689 000	2 819 000	3 066 000
Operating Profit	−2 546 000	−2 689 000	−2 820 000	−3 066 000
Financial Income	3 348 000	4 434 000	4 731 000	1 964 000
Financial Costs	1 978 000	243 000	374 000	627 000
Financial Balance	1 370 000	4 191 000	4 357 000	1 337 000
Dividends	0	0	0	0
Net Income	−1 176 000	1 644 000	1 695 000	−1 644 000

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	1 062 000	1 062 000	823 000	823 000
Total Tangible Assets	1 062 000	1 062 000	823 000	823 000
Total Fiancial Fixed Assets	19 880 000	21 142 000	21 447 000	20 718 000
Total Fixed Assets	20 942 000	22 204 000	22 270 000	21 542 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	646 000	2 035 000	1 062 000	3 564 000
Total Current Assets	3 679 000	5 811 000	5 510 000	5 794 000
Total Assets	24 621 000	28 015 000	27 780 000	27 336 000
Total Equity	14 371 000	15 547 000	13 903 000	12 207 000
Short-Term Group Debt	0	507 000	558 000	299 000
Total Long-Term Debt	9 877 000	11 229 000	12 587 000	14 189 000
Creditors	96 000	32 000	74 000	44 000
Unpaid Taxes	105 000	158 000	145 000	208 000
Dividends	0	0	0	0
Other Current Debt	171 000	542 000	513 000	388 000
Total Current Debt	373 000	1 239 000	1 290 000	940 000
Total Equity and Debt	24 621 000	28 015 000	27 780 000	27 336 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,18 %	10,57 %	12,19 %	−13,47 %
Debt-to-Equity Ratio	0,69	0,72	0,91	1,16
Operating Profit Margin	-	-	-	-
Current Ratio	9,86	4,69	4,27	6,16
Quick Ratio	9,86	4,69	4,27	6,16
Equity Ratio	0,58	0,55	0,5	0,45
Gross Profit Margin	-	-	-	-