SVEISEPRODUKTER AS

5542 KARMSUND

Finances

Share Ownership

Return on Equity

36 %

Current Ratio

1,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 153 000	4 951 000	2 875 000	1 996 000
Net Income	373 000	671 000	358 000	173 000
Total Assets	2 160 000	2 270 000	1 337 000	1 022 000
Total Equity	1 036 000	897 000	934 000	577 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 153 000	4 951 000	2 875 000	1 996 000
Expenditure	3 643 000	4 068 000	2 414 000	1 766 000
Operating Profit	510 000	883 000	461 000	231 000
Financial Income	4 000	9 000	14 000	3 000
Financial Costs	34 000	32 000	17 000	13 000
Financial Balance	−30 000	−23 000	−3 000	−10 000
Earnings Before Tax	480 000	860 000	458 000	222 000
Tax	107 000	189 000	101 000	49 000
Net Income	373 000	671 000	358 000	173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	200 000	100 000	119 000	170 000
Total Current Assets	1 960 000	2 170 000	1 218 000	852 000
Total Assets	2 160 000	2 270 000	1 337 000	1 022 000
Total Retained Equity	736 000	597 000	634 000	379 000
Total Equity	1 036 000	897 000	934 000	577 000
Total Long-Term Debt	0	209 000	154 000	301 000
Total Current Debt	1 123 000	1 164 000	249 000	144 000
Total Equity and Debt	2 160 000	2 270 000	1 337 000	1 022 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 153 000	5 055 000	2 836 000	1 996 000
Other Income	0	−104 000	39 000	0
Revenue	4 153 000	4 951 000	2 875 000	1 996 000
Cost of Goods Sold	2 527 000	2 995 000	1 919 000	1 402 000
Salary Costs	0	2 000	2 000	2 000
Depreciation	0	0	15 000	20 000
Impairment	0	19 000	0	0
Expenditure	3 643 000	4 068 000	2 414 000	1 766 000
Operating Profit	510 000	883 000	461 000	231 000
Financial Income	4 000	9 000	14 000	3 000
Financial Costs	34 000	32 000	17 000	13 000
Financial Balance	−30 000	−23 000	−3 000	−10 000
Dividends	0	0	0	0
Net Income	373 000	671 000	358 000	173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	100 000	100 000	100 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	19 000	70 000
Total Tangible Assets	0	0	19 000	70 000
Total Fiancial Fixed Assets	200 000	0	0	0
Total Fixed Assets	200 000	100 000	119 000	170 000
Stock	1 186 000	1 331 000	498 000	523 000
Total Investments	0	0	0	0
Cash, Bank	489 000	673 000	374 000	172 000
Total Current Assets	1 960 000	2 170 000	1 218 000	852 000
Total Assets	2 160 000	2 270 000	1 337 000	1 022 000
Total Equity	1 036 000	897 000	934 000	577 000
Short-Term Group Debt	300 000	907 000	0	0
Total Long-Term Debt	0	209 000	154 000	301 000
Creditors	652 000	91 000	26 000	47 000
Unpaid Taxes	74 000	154 000	136 000	46 000
Dividends	0	0	0	0
Other Current Debt	47 000	0	0	0
Total Current Debt	1 123 000	1 164 000	249 000	144 000
Total Equity and Debt	2 160 000	2 270 000	1 337 000	1 022 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36 %	74,8 %	38,33 %	29,98 %
Debt-to-Equity Ratio	0	0,23	0,16	0,52
Operating Profit Margin	12,28 %	17,83 %	16,03 %	11,57 %
Current Ratio	1,75	1,86	4,89	5,92
Quick Ratio	−31,11	−12,99	−4,89	−2,25
Equity Ratio	0,48	0,4	0,7	0,56
Gross Profit Margin	39,15 %	39,51 %	33,25 %	29,76 %