LENE V SVOLVÆR AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

4,82 %

Current Ratio

3,93

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 806 000	4 458 000	3 393 000	3 253 000
Net Income	61 000	340 000	138 000	−171 000
Total Assets	1 745 000	1 894 000	1 443 000	984 000
Total Equity	1 266 000	1 205 000	864 000	726 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 806 000	4 458 000	3 393 000	3 253 000
Expenditure	4 583 000	3 972 000	3 178 000	3 441 000
Operating Profit	223 000	486 000	215 000	−186 000
Financial Income	0	0	0	0
Financial Costs	144 000	49 000	38 000	33 000
Financial Balance	−144 000	−49 000	−38 000	−33 000
Earnings Before Tax	79 000	436 000	177 000	−219 000
Tax	17 000	96 000	39 000	−48 000
Net Income	61 000	340 000	138 000	−171 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	98 000	133 000	191 000	62 000
Total Current Assets	1 647 000	1 761 000	1 252 000	921 000
Total Assets	1 745 000	1 894 000	1 443 000	984 000
Total Retained Equity	1 116 000	1 055 000	714 000	576 000
Total Equity	1 266 000	1 205 000	864 000	726 000
Total Long-Term Debt	60 000	197 000	300 000	0
Total Current Debt	419 000	492 000	279 000	258 000
Total Equity and Debt	1 745 000	1 894 000	1 443 000	984 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 805 000	4 458 000	3 369 000	3 253 000
Other Income	1 000	0	24 000	0
Revenue	4 806 000	4 458 000	3 393 000	3 253 000
Cost of Goods Sold	2 555 000	2 194 000	1 668 000	1 782 000
Salary Costs	1 296 000	1 055 000	906 000	1 061 000
Depreciation	35 000	35 000	3 000	0
Impairment	0	0	0	0
Expenditure	4 583 000	3 972 000	3 178 000	3 441 000
Operating Profit	223 000	486 000	215 000	−186 000
Financial Income	0	0	0	0
Financial Costs	144 000	49 000	38 000	33 000
Financial Balance	−144 000	−49 000	−38 000	−33 000
Dividends	0	0	0	0
Net Income	61 000	340 000	138 000	−171 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	23 000	62 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	98 000	133 000	168 000	0
Total Tangible Assets	98 000	133 000	168 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	98 000	133 000	191 000	62 000
Stock	1 014 000	875 000	712 000	632 000
Total Investments	0	0	0	0
Cash, Bank	205 000	729 000	379 000	146 000
Total Current Assets	1 647 000	1 761 000	1 252 000	921 000
Total Assets	1 745 000	1 894 000	1 443 000	984 000
Total Equity	1 266 000	1 205 000	864 000	726 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	60 000	197 000	300 000	0
Creditors	96 000	176 000	118 000	36 000
Unpaid Taxes	102 000	92 000	47 000	103 000
Dividends	0	0	0	0
Other Current Debt	200 000	160 000	114 000	118 000
Total Current Debt	419 000	492 000	279 000	258 000
Total Equity and Debt	1 745 000	1 894 000	1 443 000	984 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,82 %	28,22 %	15,97 %	−23,55 %
Debt-to-Equity Ratio	0,05	0,16	0,35	0
Operating Profit Margin	4,64 %	10,9 %	6,34 %	−5,72 %
Current Ratio	3,93	3,58	4,49	3,57
Quick Ratio	−2,77	−4,6	−2,89	−2,46
Equity Ratio	0,73	0,64	0,6	0,74
Gross Profit Margin	46,84 %	50,79 %	50,84 %	45,22 %