SONGVAAR VEKST AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

0,38 %

Current Ratio

3,05

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 639 000	11 366 000	10 315 000	10 536 000
Net Income	19 000	289 000	1 443 000	1 214 000
Total Assets	9 957 000	10 022 000	9 723 000	7 879 000
Total Equity	4 939 000	4 920 000	4 631 000	3 188 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 639 000	11 366 000	10 315 000	10 536 000
Expenditure	11 541 000	11 040 000	8 819 000	9 250 000
Operating Profit	98 000	326 000	1 495 000	1 287 000
Financial Income	1 000	1 000	5 000	8 000
Financial Costs	80 000	39 000	57 000	81 000
Financial Balance	−79 000	−38 000	−52 000	−73 000
Earnings Before Tax	19 000	289 000	1 443 000	1 214 000
Tax	0	0	0	0
Net Income	19 000	289 000	1 443 000	1 214 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 025 000	4 400 000	3 789 000	3 831 000
Total Current Assets	5 932 000	5 622 000	5 933 000	4 048 000
Total Assets	9 957 000	10 022 000	9 723 000	7 879 000
Total Retained Equity	4 839 000	4 820 000	4 531 000	3 088 000
Total Equity	4 939 000	4 920 000	4 631 000	3 188 000
Total Long-Term Debt	3 075 000	3 225 000	3 375 000	3 525 000
Total Current Debt	1 942 000	1 877 000	1 717 000	1 166 000
Total Equity and Debt	9 957 000	10 022 000	9 723 000	7 879 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 888 000	4 986 000	4 407 000	5 336 000
Other Income	6 751 000	6 380 000	5 908 000	5 200 000
Revenue	11 639 000	11 366 000	10 315 000	10 536 000
Cost of Goods Sold	2 188 000	2 672 000	2 298 000	2 749 000
Salary Costs	6 745 000	5 776 000	4 839 000	4 827 000
Depreciation	416 000	322 000	208 000	230 000
Impairment	0	0	0	0
Expenditure	11 541 000	11 040 000	8 819 000	9 250 000
Operating Profit	98 000	326 000	1 495 000	1 287 000
Financial Income	1 000	1 000	5 000	8 000
Financial Costs	80 000	39 000	57 000	81 000
Financial Balance	−79 000	−38 000	−52 000	−73 000
Dividends	0	0	0	0
Net Income	19 000	289 000	1 443 000	1 214 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 115 000	3 209 000	3 303 000	3 397 000
Machinery and Plant Facilities	59 000	124 000	209 000	308 000
Fixtures	851 000	953 000	164 000	12 000
Total Tangible Assets	4 025 000	4 286 000	3 676 000	3 717 000
Total Fiancial Fixed Assets	0	114 000	114 000	114 000
Total Fixed Assets	4 025 000	4 400 000	3 789 000	3 831 000
Stock	1 140 000	1 240 000	1 228 000	936 000
Total Investments	0	0	0	0
Cash, Bank	2 646 000	2 328 000	2 596 000	1 742 000
Total Current Assets	5 932 000	5 622 000	5 933 000	4 048 000
Total Assets	9 957 000	10 022 000	9 723 000	7 879 000
Total Equity	4 939 000	4 920 000	4 631 000	3 188 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 075 000	3 225 000	3 375 000	3 525 000
Creditors	645 000	507 000	392 000	420 000
Unpaid Taxes	454 000	358 000	341 000	378 000
Dividends	0	0	0	0
Other Current Debt	844 000	1 012 000	984 000	368 000
Total Current Debt	1 942 000	1 877 000	1 717 000	1 166 000
Total Equity and Debt	9 957 000	10 022 000	9 723 000	7 879 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,38 %	5,87 %	31,16 %	38,08 %
Debt-to-Equity Ratio	0,62	0,66	0,73	1,11
Operating Profit Margin	0,84 %	2,87 %	14,49 %	12,22 %
Current Ratio	3,05	3	3,46	3,47
Quick Ratio	7,4	8,83	12,13	17,6
Equity Ratio	0,5	0,49	0,48	0,4
Gross Profit Margin	81,2 %	76,49 %	77,72 %	73,91 %