SVEEN MEKANISKE AS

6650 SURNADAL

Finances

Return on Equity

−1,95 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 498 000	19 395 000	16 593 000	15 831 000
Net Income	−34 000	−509 000	−159 000	−510 000
Total Assets	6 797 000	6 114 000	4 650 000	4 224 000
Total Equity	1 740 000	1 377 000	1 886 000	2 045 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 498 000	19 395 000	16 593 000	15 831 000
Expenditure	25 437 000	19 987 000	16 806 000	16 617 000
Operating Profit	61 000	−591 000	−214 000	−786 000
Financial Income	25 000	16 000	28 000	30 000
Financial Costs	129 000	78 000	19 000	9 000
Financial Balance	−104 000	−62 000	9 000	21 000
Earnings Before Tax	−43 000	−653 000	−205 000	−765 000
Tax	−9 000	−144 000	−46 000	−256 000
Net Income	−34 000	−509 000	−159 000	−510 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 247 000	1 241 000	822 000	786 000
Total Current Assets	5 550 000	4 873 000	3 828 000	3 437 000
Total Assets	6 797 000	6 114 000	4 650 000	4 224 000
Total Retained Equity	1 240 000	997 000	1 506 000	1 665 000
Total Equity	1 740 000	1 377 000	1 886 000	2 045 000
Total Long-Term Debt	1 093 000	493 000	0	0
Total Current Debt	3 964 000	4 243 000	2 763 000	2 178 000
Total Equity and Debt	6 797 000	6 114 000	4 650 000	4 224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 555 000	18 687 000	15 336 000	14 950 000
Other Income	943 000	708 000	1 257 000	880 000
Revenue	25 498 000	19 395 000	16 593 000	15 831 000
Cost of Goods Sold	13 219 000	8 086 000	6 861 000	6 094 000
Salary Costs	8 717 000	8 082 000	6 406 000	6 820 000
Depreciation	333 000	287 000	213 000	371 000
Impairment	0	0	0	0
Expenditure	25 437 000	19 987 000	16 806 000	16 617 000
Operating Profit	61 000	−591 000	−214 000	−786 000
Financial Income	25 000	16 000	28 000	30 000
Financial Costs	129 000	78 000	19 000	9 000
Financial Balance	−104 000	−62 000	9 000	21 000
Dividends	0	0	0	0
Net Income	−34 000	−509 000	−159 000	−510 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	399 000	390 000	247 000	256 000
Real Eastate	22 000	36 000	50 000	0
Machinery and Plant Facilities	617 000	635 000	346 000	318 000
Fixtures	209 000	180 000	180 000	212 000
Total Tangible Assets	848 000	851 000	575 000	531 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 247 000	1 241 000	822 000	786 000
Stock	2 175 000	2 200 000	1 656 000	1 413 000
Total Investments	15 000	15 000	15 000	15 000
Cash, Bank	419 000	501 000	202 000	234 000
Total Current Assets	5 550 000	4 873 000	3 828 000	3 437 000
Total Assets	6 797 000	6 114 000	4 650 000	4 224 000
Total Equity	1 740 000	1 377 000	1 886 000	2 045 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 093 000	493 000	0	0
Creditors	1 846 000	973 000	613 000	478 000
Unpaid Taxes	644 000	958 000	573 000	555 000
Dividends	0	0	0	0
Other Current Debt	1 149 000	1 460 000	1 043 000	892 000
Total Current Debt	3 964 000	4 243 000	2 763 000	2 178 000
Total Equity and Debt	6 797 000	6 114 000	4 650 000	4 224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,95 %	−36,96 %	−8,43 %	−24,94 %
Debt-to-Equity Ratio	0,63	0,36	0	0
Operating Profit Margin	0,24 %	−3,05 %	−1,29 %	−4,96 %
Current Ratio	1,4	1,15	1,39	1,58
Quick Ratio	3,1	2,39	3,46	4,49
Equity Ratio	0,26	0,23	0,41	0,48
Gross Profit Margin	48,16 %	58,31 %	58,65 %	61,51 %