SILVERRED NORWAY AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

5,09 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 477 000	45 941 000	105 615 000	81 952 000
Net Income	356 000	81 000	2 110 000	1 723 000
Total Assets	20 630 000	10 159 000	10 894 000	13 470 000
Total Equity	6 992 000	6 636 000	6 555 000	4 445 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 477 000	45 941 000	105 615 000	81 952 000
Expenditure	54 800 000	45 759 000	102 281 000	79 238 000
Operating Profit	677 000	182 000	3 334 000	2 714 000
Financial Income	134 000	102 000	26 000	131 000
Financial Costs	356 000	180 000	655 000	637 000
Financial Balance	−222 000	−78 000	−629 000	−506 000
Earnings Before Tax	456 000	104 000	2 705 000	2 209 000
Tax	100 000	23 000	595 000	486 000
Net Income	356 000	81 000	2 110 000	1 723 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	6 000	493 000
Total Current Assets	20 630 000	10 159 000	10 888 000	12 976 000
Total Assets	20 630 000	10 159 000	10 894 000	13 470 000
Total Retained Equity	6 832 000	6 476 000	6 395 000	4 285 000
Total Equity	6 992 000	6 636 000	6 555 000	4 445 000
Total Long-Term Debt	0	0	0	4 669 000
Total Current Debt	13 638 000	3 524 000	4 339 000	4 356 000
Total Equity and Debt	20 630 000	10 159 000	10 894 000	13 470 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 477 000	45 941 000	105 615 000	81 952 000
Other Income	0	0	0	0
Revenue	55 477 000	45 941 000	105 615 000	81 952 000
Cost of Goods Sold	50 200 000	41 786 000	94 958 000	74 460 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	54 800 000	45 759 000	102 281 000	79 238 000
Operating Profit	677 000	182 000	3 334 000	2 714 000
Financial Income	134 000	102 000	26 000	131 000
Financial Costs	356 000	180 000	655 000	637 000
Financial Balance	−222 000	−78 000	−629 000	−506 000
Dividends	0	0	0	0
Net Income	356 000	81 000	2 110 000	1 723 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	6 000	493 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	6 000	493 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 445 000	10 046 000	9 470 000	11 338 000
Total Current Assets	20 630 000	10 159 000	10 888 000	12 976 000
Total Assets	20 630 000	10 159 000	10 894 000	13 470 000
Total Equity	6 992 000	6 636 000	6 555 000	4 445 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	4 669 000
Creditors	9 791 000	30 000	2 191 000	3 124 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 714 000	3 475 000	2 036 000	1 149 000
Total Current Debt	13 638 000	3 524 000	4 339 000	4 356 000
Total Equity and Debt	20 630 000	10 159 000	10 894 000	13 470 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,09 %	1,22 %	32,19 %	38,76 %
Debt-to-Equity Ratio	0	0	0	1,05
Operating Profit Margin	1,22 %	0,4 %	3,16 %	3,31 %
Current Ratio	1,51	2,88	2,51	2,98
Quick Ratio	1,51	2,88	2,51	2,98
Equity Ratio	0,34	0,65	0,6	0,33
Gross Profit Margin	9,51 %	9,04 %	10,09 %	9,14 %