SVARSTAD AS

6030 LANGEVÅG

Finances

Return on Equity

5,71 %

Current Ratio

4,22

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 899 000	18 943 000	17 803 000	20 134 000
Net Income	487 000	1 450 000	−198 000	−529 000
Total Assets	12 269 000	11 366 000	10 341 000	10 268 000
Total Equity	8 529 000	8 042 000	6 592 000	6 566 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 899 000	18 943 000	17 803 000	20 134 000
Expenditure	19 114 000	16 851 000	17 889 000	20 647 000
Operating Profit	785 000	2 092 000	−86 000	−514 000
Financial Income	36 000	16 000	43 000	22 000
Financial Costs	195 000	249 000	207 000	179 000
Financial Balance	−159 000	−233 000	−164 000	−157 000
Earnings Before Tax	626 000	1 859 000	−251 000	−671 000
Tax	139 000	409 000	−53 000	−142 000
Net Income	487 000	1 450 000	−198 000	−529 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	784 000	968 000	1 547 000	1 914 000
Total Current Assets	11 485 000	10 398 000	8 794 000	8 355 000
Total Assets	12 269 000	11 366 000	10 341 000	10 268 000
Total Retained Equity	7 626 000	7 139 000	5 689 000	5 887 000
Total Equity	8 529 000	8 042 000	6 592 000	6 566 000
Total Long-Term Debt	1 020 000	1 025 000	1 333 000	1 352 000
Total Current Debt	2 721 000	2 299 000	2 416 000	2 351 000
Total Equity and Debt	12 269 000	11 366 000	10 341 000	10 268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 712 000	18 860 000	17 464 000	20 007 000
Other Income	187 000	83 000	339 000	128 000
Revenue	19 899 000	18 943 000	17 803 000	20 134 000
Cost of Goods Sold	11 916 000	10 281 000	11 358 000	12 103 000
Salary Costs	3 925 000	3 499 000	3 473 000	5 144 000
Depreciation	314 000	322 000	357 000	400 000
Impairment	0	0	0	0
Expenditure	19 114 000	16 851 000	17 889 000	20 647 000
Operating Profit	785 000	2 092 000	−86 000	−514 000
Financial Income	36 000	16 000	43 000	22 000
Financial Costs	195 000	249 000	207 000	179 000
Financial Balance	−159 000	−233 000	−164 000	−157 000
Dividends	0	0	0	0
Net Income	487 000	1 450 000	−198 000	−529 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	489 000	379 000	637 000	647 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	240 000	554 000	876 000	1 233 000
Total Tangible Assets	240 000	554 000	876 000	1 233 000
Total Fiancial Fixed Assets	55 000	34 000	34 000	34 000
Total Fixed Assets	784 000	968 000	1 547 000	1 914 000
Stock	7 433 000	6 257 000	5 994 000	5 799 000
Total Investments	0	0	0	0
Cash, Bank	3 523 000	3 743 000	1 646 000	1 714 000
Total Current Assets	11 485 000	10 398 000	8 794 000	8 355 000
Total Assets	12 269 000	11 366 000	10 341 000	10 268 000
Total Equity	8 529 000	8 042 000	6 592 000	6 566 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 020 000	1 025 000	1 333 000	1 352 000
Creditors	705 000	575 000	857 000	668 000
Unpaid Taxes	138 000	119 000	165 000	157 000
Dividends	0	0	0	0
Other Current Debt	1 630 000	1 453 000	1 393 000	1 522 000
Total Current Debt	2 721 000	2 299 000	2 416 000	2 351 000
Total Equity and Debt	12 269 000	11 366 000	10 341 000	10 268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,71 %	18,03 %	−3 %	−8,06 %
Debt-to-Equity Ratio	0,12	0,13	0,2	0,21
Operating Profit Margin	3,94 %	11,04 %	−0,48 %	−2,55 %
Current Ratio	4,22	4,52	3,64	3,55
Quick Ratio	−2,44	−2,63	−2,46	−2,42
Equity Ratio	0,7	0,71	0,64	0,64
Gross Profit Margin	40,12 %	45,73 %	36,2 %	39,89 %