SØLVBYEN 1 AS

3615 KONGSBERG

Finances

Return on Equity

41,53 %

Current Ratio

2,23

Debt-to-Equity Ratio

7,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 101 000	1 676 000	631 000	20 000
Net Income	103 000	112 000	−75 000	293 000
Total Assets	2 689 000	1 505 000	621 000	590 000
Total Equity	248 000	145 000	33 000	108 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 101 000	1 676 000	631 000	20 000
Expenditure	1 947 000	1 510 000	371 000	87 000
Operating Profit	154 000	166 000	260 000	−68 000
Financial Income	0	0	0	362 000
Financial Costs	21 000	21 000	368 000	0
Financial Balance	−21 000	−21 000	−368 000	362 000
Earnings Before Tax	134 000	145 000	−108 000	293 000
Tax	31 000	33 000	−33 000	0
Net Income	103 000	112 000	−75 000	293 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 312 000	981 000	239 000	574 000
Total Current Assets	1 377 000	523 000	382 000	16 000
Total Assets	2 689 000	1 505 000	621 000	590 000
Total Retained Equity	48 000	−55 000	−167 000	−92 000
Total Equity	248 000	145 000	33 000	108 000
Total Long-Term Debt	1 823 000	415 000	189 000	0
Total Current Debt	618 000	945 000	399 000	482 000
Total Equity and Debt	2 689 000	1 505 000	621 000	590 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 982 000	1 626 000	491 000	20 000
Other Income	120 000	50 000	140 000	0
Revenue	2 101 000	1 676 000	631 000	20 000
Cost of Goods Sold	71 000	55 000	27 000	15 000
Salary Costs	858 000	816 000	256 000	0
Depreciation	259 000	193 000	10 000	62 000
Impairment	0	0	0	0
Expenditure	1 947 000	1 510 000	371 000	87 000
Operating Profit	154 000	166 000	260 000	−68 000
Financial Income	0	0	0	362 000
Financial Costs	21 000	21 000	368 000	0
Financial Balance	−21 000	−21 000	−368 000	362 000
Dividends	0	0	0	0
Net Income	103 000	112 000	−75 000	293 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	33 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	109 000	0	0	0
Fixtures	1 060 000	936 000	206 000	143 000
Total Tangible Assets	1 169 000	936 000	206 000	143 000
Total Fiancial Fixed Assets	143 000	45 000	0	432 000
Total Fixed Assets	1 312 000	981 000	239 000	574 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	56 000	119 000	184 000	15 000
Total Current Assets	1 377 000	523 000	382 000	16 000
Total Assets	2 689 000	1 505 000	621 000	590 000
Total Equity	248 000	145 000	33 000	108 000
Short-Term Group Debt	129 000	61 000	0	0
Total Long-Term Debt	1 823 000	415 000	189 000	0
Creditors	131 000	−7 000	0	0
Unpaid Taxes	133 000	138 000	209 000	0
Dividends	0	0	0	0
Other Current Debt	225 000	752 000	191 000	482 000
Total Current Debt	618 000	945 000	399 000	482 000
Total Equity and Debt	2 689 000	1 505 000	621 000	590 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,53 %	77,24 %	−227,27 %	271,3 %
Debt-to-Equity Ratio	7,35	2,86	5,73	0
Operating Profit Margin	7,33 %	9,9 %	41,2 %	−340 %
Current Ratio	2,23	0,55	0,96	0,03
Quick Ratio	2,23	0,55	0,96	0,03
Equity Ratio	0,09	0,1	0,05	0,18
Gross Profit Margin	96,62 %	96,72 %	95,72 %	25 %