SVETEK AS

8803 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

112,63 %

Current Ratio

1,04

Debt-to-Equity Ratio

−2,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 712 000	17 429 000	10 682 000	10 435 000
Net Income	−330 000	−607 000	−1 517 000	−1 377 000
Total Assets	5 330 000	4 860 000	3 979 000	3 714 000
Total Equity	−293 000	38 000	−856 000	661 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 712 000	17 429 000	10 682 000	10 435 000
Expenditure	21 939 000	17 930 000	12 121 000	11 622 000
Operating Profit	−226 000	−501 000	−1 440 000	−1 187 000
Financial Income	11 000	9 000	12 000	10 000
Financial Costs	115 000	115 000	90 000	200 000
Financial Balance	−104 000	−106 000	−78 000	−190 000
Earnings Before Tax	−330 000	−607 000	−1 517 000	−1 377 000
Tax	0	0	0	0
Net Income	−330 000	−607 000	−1 517 000	−1 377 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	238 000	255 000	215 000	39 000
Total Current Assets	5 092 000	4 605 000	3 764 000	3 676 000
Total Assets	5 330 000	4 860 000	3 979 000	3 714 000
Total Retained Equity	−1 818 000	−1 487 000	−1 856 000	−339 000
Total Equity	−293 000	38 000	−856 000	661 000
Total Long-Term Debt	735 000	765 000	795 000	617 000
Total Current Debt	4 887 000	4 057 000	4 040 000	2 436 000
Total Equity and Debt	5 330 000	4 860 000	3 979 000	3 714 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 601 000	17 062 000	10 682 000	10 435 000
Other Income	110 000	367 000	0	0
Revenue	21 712 000	17 429 000	10 682 000	10 435 000
Cost of Goods Sold	7 412 000	5 961 000	2 326 000	2 086 000
Salary Costs	10 897 000	8 752 000	6 622 000	7 411 000
Depreciation	47 000	49 000	42 000	29 000
Impairment	0	0	0	0
Expenditure	21 939 000	17 930 000	12 121 000	11 622 000
Operating Profit	−226 000	−501 000	−1 440 000	−1 187 000
Financial Income	11 000	9 000	12 000	10 000
Financial Costs	115 000	115 000	90 000	200 000
Financial Balance	−104 000	−106 000	−78 000	−190 000
Dividends	0	0	0	0
Net Income	−330 000	−607 000	−1 517 000	−1 377 000

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	238 000	255 000	215 000	39 000
Total Tangible Assets	238 000	255 000	215 000	39 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	238 000	255 000	215 000	39 000
Stock	1 497 000	1 272 000	1 124 000	1 279 000
Total Investments	0	0	0	0
Cash, Bank	348 000	468 000	289 000	361 000
Total Current Assets	5 092 000	4 605 000	3 764 000	3 676 000
Total Assets	5 330 000	4 860 000	3 979 000	3 714 000
Total Equity	−293 000	38 000	−856 000	661 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	735 000	765 000	795 000	617 000
Creditors	1 270 000	951 000	850 000	434 000
Unpaid Taxes	711 000	792 000	1 094 000	825 000
Dividends	0	0	0	0
Other Current Debt	1 935 000	1 835 000	1 125 000	1 177 000
Total Current Debt	4 887 000	4 057 000	4 040 000	2 436 000
Total Equity and Debt	5 330 000	4 860 000	3 979 000	3 714 000

Financial indicators	2022	2021	2020	2019
Return on Equity	112,63 %	−1 597,37 %	177,22 %	−208,32 %
Debt-to-Equity Ratio	−2,51	20,13	−0,93	0,93
Operating Profit Margin	−1,04 %	−2,87 %	−13,48 %	−11,38 %
Current Ratio	1,04	1,14	0,93	1,51
Quick Ratio	1,5	1,65	1,29	3,18
Equity Ratio	−0,05	0,01	−0,22	0,18
Gross Profit Margin	65,86 %	65,8 %	78,23 %	80,01 %