SWECON AS

2003 LILLESTRØM

Finances

Share Ownership

Return on Equity

5,08 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 741 000	3 517 000	1 194 000	0
Net Income	25 000	1 580 000	−1 290 000	−60 000
Total Assets	2 198 000	2 539 000	884 000	216 000
Total Equity	492 000	467 000	−1 114 000	176 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 741 000	3 517 000	1 194 000	0
Expenditure	2 673 000	1 929 000	2 482 000	59 000
Operating Profit	68 000	1 588 000	−1 288 000	−60 000
Financial Income	0	0	0	0
Financial Costs	34 000	4 000	1 000	0
Financial Balance	−34 000	−4 000	−1 000	0
Earnings Before Tax	34 000	1 583 000	−1 290 000	−60 000
Tax	9 000	3 000	0	0
Net Income	25 000	1 580 000	−1 290 000	−60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	85 000	106 000	107 000	48 000
Total Current Assets	2 112 000	2 433 000	777 000	169 000
Total Assets	2 198 000	2 539 000	884 000	216 000
Total Retained Equity	92 000	67 000	−1 514 000	−224 000
Total Equity	492 000	467 000	−1 114 000	176 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 706 000	2 072 000	1 997 000	40 000
Total Equity and Debt	2 198 000	2 539 000	884 000	216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 741 000	3 517 000	1 194 000	0
Other Income	0	0	0	0
Revenue	2 741 000	3 517 000	1 194 000	0
Cost of Goods Sold	616 000	747 000	1 586 000	0
Salary Costs	1 074 000	627 000	349 000	0
Depreciation	21 000	24 000	17 000	4 000
Impairment	0	0	0	0
Expenditure	2 673 000	1 929 000	2 482 000	59 000
Operating Profit	68 000	1 588 000	−1 288 000	−60 000
Financial Income	0	0	0	0
Financial Costs	34 000	4 000	1 000	0
Financial Balance	−34 000	−4 000	−1 000	0
Dividends	0	0	0	0
Net Income	25 000	1 580 000	−1 290 000	−60 000

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	9 000	30 000	30 000	48 000
Total Tangible Assets	9 000	30 000	30 000	48 000
Total Fiancial Fixed Assets	76 000	76 000	76 000	0
Total Fixed Assets	85 000	106 000	107 000	48 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	817 000	1 744 000	351 000	169 000
Total Current Assets	2 112 000	2 433 000	777 000	169 000
Total Assets	2 198 000	2 539 000	884 000	216 000
Total Equity	492 000	467 000	−1 114 000	176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	98 000	91 000	303 000	25 000
Unpaid Taxes	155 000	110 000	28 000	0
Dividends	0	0	0	0
Other Current Debt	1 444 000	1 868 000	1 667 000	15 000
Total Current Debt	1 706 000	2 072 000	1 997 000	40 000
Total Equity and Debt	2 198 000	2 539 000	884 000	216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,08 %	338,33 %	115,8 %	−34,09 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	2,48 %	45,15 %	−107,87 %	-
Current Ratio	1,24	1,17	0,39	4,23
Quick Ratio	1,24	1,17	0,39	4,23
Equity Ratio	0,22	0,18	−1,26	0,81
Gross Profit Margin	77,53 %	78,76 %	−32,83 %	-