SØVE AS

3830 ULEFOSS

Finances

Share Ownership

Return on Equity

17,17 %

Current Ratio

2,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	82 494 000	71 750 000	62 325 000	54 765 000
Net Income	3 940 000	4 574 000	2 895 000	1 334 000
Total Assets	36 446 000	34 347 000	27 755 000	26 011 000
Total Equity	22 945 000	20 505 000	19 431 000	16 536 000

Income (NOK)	2022	2021	2020	2019
Revenue	82 494 000	71 750 000	62 325 000	54 765 000
Expenditure	78 544 000	65 695 000	58 989 000	54 239 000
Operating Profit	5 219 000	5 994 000	3 924 000	2 058 000
Financial Income	144 000	90 000	162 000	181 000
Financial Costs	302 000	216 000	347 000	445 000
Financial Balance	−158 000	−126 000	−185 000	−264 000
Earnings Before Tax	5 061 000	5 868 000	3 739 000	1 726 000
Tax	1 121 000	1 293 000	844 000	391 000
Net Income	3 940 000	4 574 000	2 895 000	1 334 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 807 000	4 193 000	4 213 000	3 910 000
Total Current Assets	32 640 000	30 154 000	23 542 000	22 102 000
Total Assets	36 446 000	34 347 000	27 755 000	26 011 000
Total Retained Equity	22 245 000	19 805 000	18 731 000	15 836 000
Total Equity	22 945 000	20 505 000	19 431 000	16 536 000
Total Long-Term Debt	0	280 000	517 000	595 000
Total Current Debt	13 501 000	13 562 000	7 808 000	8 881 000
Total Equity and Debt	36 446 000	34 347 000	27 755 000	26 011 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	82 494 000	71 606 000	62 151 000	54 765 000
Other Income	0	145 000	174 000	0
Revenue	82 494 000	71 750 000	62 325 000	54 765 000
Cost of Goods Sold	39 567 000	32 165 000	27 598 000	25 618 000
Salary Costs	23 881 000	19 944 000	18 765 000	17 166 000
Depreciation	763 000	825 000	797 000	639 000
Impairment	0	0	0	0
Expenditure	78 544 000	65 695 000	58 989 000	54 239 000
Operating Profit	5 219 000	5 994 000	3 924 000	2 058 000
Financial Income	144 000	90 000	162 000	181 000
Financial Costs	302 000	216 000	347 000	445 000
Financial Balance	−158 000	−126 000	−185 000	−264 000
Dividends	1 500 000	3 500 000	0	0
Net Income	3 940 000	4 574 000	2 895 000	1 334 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	99 000	160 000	184 000	288 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 408 000	3 711 000	3 952 000	3 478 000
Total Tangible Assets	3 408 000	3 711 000	3 952 000	3 478 000
Total Fiancial Fixed Assets	300 000	323 000	78 000	144 000
Total Fixed Assets	3 807 000	4 193 000	4 213 000	3 910 000
Stock	21 730 000	18 781 000	16 094 000	17 128 000
Total Investments	0	0	0	0
Cash, Bank	5 327 000	3 501 000	2 151 000	654 000
Total Current Assets	32 640 000	30 154 000	23 542 000	22 102 000
Total Assets	36 446 000	34 347 000	27 755 000	26 011 000
Total Equity	22 945 000	20 505 000	19 431 000	16 536 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	280 000	517 000	595 000
Creditors	5 722 000	5 375 000	1 783 000	2 314 000
Unpaid Taxes	1 611 000	2 279 000	2 171 000	1 458 000
Dividends	1 500 000	3 500 000	0	0
Other Current Debt	5 079 000	4 372 000	2 985 000	2 389 000
Total Current Debt	13 501 000	13 562 000	7 808 000	8 881 000
Total Equity and Debt	36 446 000	34 347 000	27 755 000	26 011 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,17 %	22,31 %	14,9 %	8,07 %
Debt-to-Equity Ratio	0	0,01	0,03	0,04
Operating Profit Margin	6,33 %	8,35 %	6,3 %	3,76 %
Current Ratio	2,42	2,22	3,02	2,49
Quick Ratio	−3,97	−5,78	−2,84	−2,68
Equity Ratio	0,63	0,6	0,7	0,64
Gross Profit Margin	52,04 %	55,17 %	55,72 %	53,22 %