SVECON AS

5528 HAUGESUND

Finances

Share Ownership

Return on Equity

18,31 %

Current Ratio

3,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 710 000	719 000	778 000	273 000
Net Income	165 000	−1 389 000	390 000	91 000
Total Assets	1 250 000	776 000	2 313 000	2 296 000
Total Equity	901 000	736 000	2 124 000	1 734 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 710 000	719 000	778 000	273 000
Expenditure	1 552 000	2 124 000	388 000	339 000
Operating Profit	158 000	−1 405 000	390 000	−66 000
Financial Income	8 000	16 000	0	157 000
Financial Costs	0	0	0	0
Financial Balance	8 000	16 000	0	157 000
Earnings Before Tax	165 000	−1 389 000	390 000	91 000
Tax	0	0	0	0
Net Income	165 000	−1 389 000	390 000	91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	2 208 000	2 208 000
Total Current Assets	1 250 000	776 000	105 000	88 000
Total Assets	1 250 000	776 000	2 313 000	2 296 000
Total Retained Equity	871 000	706 000	2 094 000	1 704 000
Total Equity	901 000	736 000	2 124 000	1 734 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	349 000	40 000	189 000	562 000
Total Equity and Debt	1 250 000	776 000	2 313 000	2 296 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 710 000	0	0	0
Other Income	0	719 000	778 000	273 000
Revenue	1 710 000	719 000	778 000	273 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 368 000	2 050 000	358 000	261 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 552 000	2 124 000	388 000	339 000
Operating Profit	158 000	−1 405 000	390 000	−66 000
Financial Income	8 000	16 000	0	157 000
Financial Costs	0	0	0	0
Financial Balance	8 000	16 000	0	157 000
Dividends	0	0	0	0
Net Income	165 000	−1 389 000	390 000	91 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	2 208 000	2 208 000
Total Fixed Assets	0	0	2 208 000	2 208 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	681 000	722 000	27 000	37 000
Total Current Assets	1 250 000	776 000	105 000	88 000
Total Assets	1 250 000	776 000	2 313 000	2 296 000
Total Equity	901 000	736 000	2 124 000	1 734 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	245 000	40 000	59 000	42 000
Dividends	0	0	0	0
Other Current Debt	105 000	0	130 000	520 000
Total Current Debt	349 000	40 000	189 000	562 000
Total Equity and Debt	1 250 000	776 000	2 313 000	2 296 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,31 %	−188,72 %	18,36 %	5,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,24 %	−195,41 %	50,13 %	−24,18 %
Current Ratio	3,58	19,4	0,56	0,16
Quick Ratio	3,58	19,4	0,56	0,16
Equity Ratio	0,72	0,95	0,92	0,76
Gross Profit Margin	100 %	100 %	100 %	100 %