SJØVOLD ELEKTRO AS

5347 ÅGOTNES

Finances

Return on Equity

31,53 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 443 000	8 251 000	6 573 000	6 562 000
Net Income	689 000	443 000	−156 000	344 000
Total Assets	6 018 000	4 723 000	4 116 000	4 314 000
Total Equity	2 185 000	2 188 000	2 083 000	2 239 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 443 000	8 251 000	6 573 000	6 562 000
Expenditure	8 586 000	7 700 000	6 796 000	6 146 000
Operating Profit	858 000	551 000	−223 000	416 000
Financial Income	30 000	42 000	40 000	36 000
Financial Costs	4 000	16 000	14 000	11 000
Financial Balance	26 000	26 000	26 000	25 000
Earnings Before Tax	883 000	577 000	−197 000	441 000
Tax	195 000	133 000	−41 000	97 000
Net Income	689 000	443 000	−156 000	344 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	117 000	125 000	53 000
Total Current Assets	5 977 000	4 606 000	3 991 000	4 261 000
Total Assets	6 018 000	4 723 000	4 116 000	4 314 000
Total Retained Equity	435 000	438 000	333 000	489 000
Total Equity	2 185 000	2 188 000	2 083 000	2 239 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 834 000	2 536 000	2 033 000	2 075 000
Total Equity and Debt	6 018 000	4 723 000	4 116 000	4 314 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 443 000	8 251 000	6 573 000	6 562 000
Other Income	0	0	0	0
Revenue	9 443 000	8 251 000	6 573 000	6 562 000
Cost of Goods Sold	3 627 000	3 271 000	2 779 000	2 435 000
Salary Costs	4 008 000	3 556 000	3 077 000	2 839 000
Depreciation	6 000	6 000	7 000	5 000
Impairment	0	0	0	0
Expenditure	8 586 000	7 700 000	6 796 000	6 146 000
Operating Profit	858 000	551 000	−223 000	416 000
Financial Income	30 000	42 000	40 000	36 000
Financial Costs	4 000	16 000	14 000	11 000
Financial Balance	26 000	26 000	26 000	25 000
Dividends	0	0	0	0
Net Income	689 000	443 000	−156 000	344 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	28 000	66 000	25 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	18 000	24 000	1 000
Total Tangible Assets	12 000	18 000	24 000	1 000
Total Fiancial Fixed Assets	0	71 000	35 000	27 000
Total Fixed Assets	41 000	117 000	125 000	53 000
Stock	671 000	684 000	638 000	581 000
Total Investments	0	0	0	0
Cash, Bank	119 000	121 000	91 000	92 000
Total Current Assets	5 977 000	4 606 000	3 991 000	4 261 000
Total Assets	6 018 000	4 723 000	4 116 000	4 314 000
Total Equity	2 185 000	2 188 000	2 083 000	2 239 000
Short-Term Group Debt	1 577 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	792 000	366 000	548 000	506 000
Unpaid Taxes	800 000	809 000	666 000	689 000
Dividends	0	0	0	0
Other Current Debt	665 000	1 360 000	819 000	880 000
Total Current Debt	3 834 000	2 536 000	2 033 000	2 075 000
Total Equity and Debt	6 018 000	4 723 000	4 116 000	4 314 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,53 %	20,25 %	−7,49 %	15,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,09 %	6,68 %	−3,39 %	6,34 %
Current Ratio	1,56	1,82	1,96	2,05
Quick Ratio	1,89	2,49	2,86	2,85
Equity Ratio	0,36	0,46	0,51	0,52
Gross Profit Margin	61,59 %	60,36 %	57,72 %	62,89 %