SVITHUN ELEKTRO AS

4312 SANDNES

Finances

Return on Equity

15,34 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 206 000	34 770 000	36 752 000	35 919 000
Net Income	1 627 000	4 271 000	6 096 000	6 053 000
Total Assets	24 750 000	31 724 000	33 264 000	30 274 000
Total Equity	10 608 000	11 982 000	17 710 000	17 615 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 206 000	34 770 000	36 752 000	35 919 000
Expenditure	30 725 000	29 411 000	29 066 000	28 383 000
Operating Profit	2 481 000	5 359 000	7 686 000	7 535 000
Financial Income	201 000	199 000	151 000	219 000
Financial Costs	456 000	0	0	2 000
Financial Balance	−255 000	199 000	151 000	217 000
Earnings Before Tax	2 226 000	5 558 000	7 837 000	7 752 000
Tax	600 000	1 287 000	1 741 000	1 699 000
Net Income	1 627 000	4 271 000	6 096 000	6 053 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 842 000	16 791 000	13 942 000	14 183 000
Total Current Assets	17 908 000	14 934 000	19 322 000	16 091 000
Total Assets	24 750 000	31 724 000	33 264 000	30 274 000
Total Retained Equity	10 458 000	11 832 000	17 560 000	17 465 000
Total Equity	10 608 000	11 982 000	17 710 000	17 615 000
Total Long-Term Debt	301 000	213 000	238 000	202 000
Total Current Debt	13 841 000	19 530 000	15 316 000	12 457 000
Total Equity and Debt	24 750 000	31 724 000	33 264 000	30 274 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 124 000	34 760 000	36 730 000	35 838 000
Other Income	83 000	10 000	22 000	81 000
Revenue	33 206 000	34 770 000	36 752 000	35 919 000
Cost of Goods Sold	10 796 000	11 578 000	11 596 000	10 563 000
Salary Costs	15 504 000	14 441 000	13 275 000	14 446 000
Depreciation	505 000	461 000	525 000	394 000
Impairment	0	0	0	0
Expenditure	30 725 000	29 411 000	29 066 000	28 383 000
Operating Profit	2 481 000	5 359 000	7 686 000	7 535 000
Financial Income	201 000	199 000	151 000	219 000
Financial Costs	456 000	0	0	2 000
Financial Balance	−255 000	199 000	151 000	217 000
Dividends	3 000 000	5 000 000	6 000 000	3 000 000
Net Income	1 627 000	4 271 000	6 096 000	6 053 000

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	3 061 000	2 076 000	2 319 000	2 602 000
Total Tangible Assets	3 061 000	2 076 000	2 319 000	2 602 000
Total Fiancial Fixed Assets	3 781 000	14 715 000	11 623 000	11 581 000
Total Fixed Assets	6 842 000	16 791 000	13 942 000	14 183 000
Stock	1 222 000	912 000	917 000	1 011 000
Total Investments	0	0	0	0
Cash, Bank	9 930 000	7 565 000	10 587 000	8 915 000
Total Current Assets	17 908 000	14 934 000	19 322 000	16 091 000
Total Assets	24 750 000	31 724 000	33 264 000	30 274 000
Total Equity	10 608 000	11 982 000	17 710 000	17 615 000
Short-Term Group Debt	1 800 000	0	0	0
Total Long-Term Debt	301 000	213 000	238 000	202 000
Creditors	1 541 000	476 000	1 419 000	846 000
Unpaid Taxes	2 273 000	3 223 000	2 616 000	2 995 000
Dividends	3 000 000	5 000 000	6 000 000	3 000 000
Other Current Debt	4 715 000	4 519 000	3 576 000	3 942 000
Total Current Debt	13 841 000	19 530 000	15 316 000	12 457 000
Total Equity and Debt	24 750 000	31 724 000	33 264 000	30 274 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,34 %	35,65 %	34,42 %	34,36 %
Debt-to-Equity Ratio	0,03	0,02	0,01	0,01
Operating Profit Margin	7,47 %	15,41 %	20,91 %	20,98 %
Current Ratio	1,29	0,76	1,26	1,29
Quick Ratio	1,42	0,8	1,34	1,41
Equity Ratio	0,43	0,38	0,53	0,58
Gross Profit Margin	67,49 %	66,7 %	68,45 %	70,59 %