EURO SKO SVOLVÆR AS

8300 SVOLVÆR

Finances

Return on Equity

11,53 %

Current Ratio

1,7

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 206 000	8 091 000	6 447 000	6 201 000
Net Income	455 000	789 000	113 000	345 000
Total Assets	7 259 000	9 066 000	9 573 000	8 017 000
Total Equity	3 946 000	3 491 000	4 843 000	5 013 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 206 000	8 091 000	6 447 000	6 201 000
Expenditure	7 459 000	7 367 000	5 965 000	5 730 000
Operating Profit	746 000	723 000	482 000	472 000
Financial Income	14 000	311 000	−140 000	106 000
Financial Costs	177 000	151 000	136 000	141 000
Financial Balance	−163 000	160 000	−276 000	−35 000
Earnings Before Tax	583 000	884 000	206 000	437 000
Tax	128 000	95 000	93 000	91 000
Net Income	455 000	789 000	113 000	345 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 909 000	6 378 000	6 689 000	5 969 000
Total Current Assets	3 350 000	2 688 000	2 884 000	2 047 000
Total Assets	7 259 000	9 066 000	9 573 000	8 017 000
Total Retained Equity	3 746 000	3 291 000	4 643 000	4 813 000
Total Equity	3 946 000	3 491 000	4 843 000	5 013 000
Total Long-Term Debt	1 348 000	1 733 000	1 585 000	869 000
Total Current Debt	1 965 000	3 843 000	3 145 000	2 135 000
Total Equity and Debt	7 259 000	9 066 000	9 573 000	8 017 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 204 000	8 087 000	6 412 000	6 198 000
Other Income	2 000	4 000	35 000	4 000
Revenue	8 206 000	8 091 000	6 447 000	6 201 000
Cost of Goods Sold	4 080 000	4 047 000	3 385 000	3 086 000
Salary Costs	1 815 000	1 829 000	1 513 000	1 624 000
Depreciation	220 000	220 000	20 000	0
Impairment	0	0	0	0
Expenditure	7 459 000	7 367 000	5 965 000	5 730 000
Operating Profit	746 000	723 000	482 000	472 000
Financial Income	14 000	311 000	−140 000	106 000
Financial Costs	177 000	151 000	136 000	141 000
Financial Balance	−163 000	160 000	−276 000	−35 000
Dividends	0	0	0	0
Net Income	455 000	789 000	113 000	345 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	49 000	12 000	0	50 000
Real Eastate	1 647 000	1 647 000	1 647 000	1 647 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	636 000	856 000	1 076 000	0
Total Tangible Assets	2 283 000	2 503 000	2 723 000	1 647 000
Total Fiancial Fixed Assets	1 577 000	3 864 000	3 966 000	4 272 000
Total Fixed Assets	3 909 000	6 378 000	6 689 000	5 969 000
Stock	2 996 000	2 261 000	1 784 000	1 815 000
Total Investments	0	0	0	0
Cash, Bank	324 000	420 000	965 000	90 000
Total Current Assets	3 350 000	2 688 000	2 884 000	2 047 000
Total Assets	7 259 000	9 066 000	9 573 000	8 017 000
Total Equity	3 946 000	3 491 000	4 843 000	5 013 000
Short-Term Group Debt	350 000	151 000	151 000	127 000
Total Long-Term Debt	1 348 000	1 733 000	1 585 000	869 000
Creditors	589 000	845 000	2 118 000	806 000
Unpaid Taxes	169 000	169 000	20 000	237 000
Dividends	0	0	0	0
Other Current Debt	691 000	552 000	656 000	823 000
Total Current Debt	1 965 000	3 843 000	3 145 000	2 135 000
Total Equity and Debt	7 259 000	9 066 000	9 573 000	8 017 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,53 %	22,6 %	2,33 %	6,88 %
Debt-to-Equity Ratio	0,34	0,5	0,33	0,17
Operating Profit Margin	9,09 %	8,94 %	7,48 %	7,61 %
Current Ratio	1,7	0,7	0,92	0,96
Quick Ratio	−3,25	1,7	2,12	6,4
Equity Ratio	0,54	0,39	0,51	0,63
Gross Profit Margin	50,28 %	49,98 %	47,49 %	50,23 %