SOVINOX AS

1706 SARPSBORG

Finances

Share Ownership

Return on Equity

59,29 %

Current Ratio

2,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 061 000	3 778 000	2 848 000	2 237 000
Net Income	603 000	816 000	815 000	539 000
Total Assets	1 916 000	2 290 000	2 174 000	2 036 000
Total Equity	1 017 000	1 014 000	1 008 000	944 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 061 000	3 778 000	2 848 000	2 237 000
Expenditure	2 291 000	2 727 000	1 804 000	1 546 000
Operating Profit	771 000	1 051 000	1 045 000	691 000
Financial Income	3 000	0	1 000	0
Financial Costs	0	5 000	2 000	0
Financial Balance	3 000	−5 000	−1 000	0
Earnings Before Tax	773 000	1 046 000	1 044 000	692 000
Tax	170 000	230 000	230 000	153 000
Net Income	603 000	816 000	815 000	539 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	18 000	20 000	20 000
Total Current Assets	1 898 000	2 273 000	2 154 000	2 016 000
Total Assets	1 916 000	2 290 000	2 174 000	2 036 000
Total Retained Equity	717 000	714 000	708 000	644 000
Total Equity	1 017 000	1 014 000	1 008 000	944 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	898 000	1 276 000	1 166 000	1 092 000
Total Equity and Debt	1 916 000	2 290 000	2 174 000	2 036 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 061 000	3 778 000	2 848 000	2 237 000
Other Income	0	0	0	0
Revenue	3 061 000	3 778 000	2 848 000	2 237 000
Cost of Goods Sold	2 049 000	2 533 000	1 605 000	1 315 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 291 000	2 727 000	1 804 000	1 546 000
Operating Profit	771 000	1 051 000	1 045 000	691 000
Financial Income	3 000	0	1 000	0
Financial Costs	0	5 000	2 000	0
Financial Balance	3 000	−5 000	−1 000	0
Dividends	600 000	810 000	750 000	500 000
Net Income	603 000	816 000	815 000	539 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	18 000	20 000	20 000
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	18 000	18 000	20 000	20 000
Stock	628 000	675 000	519 000	505 000
Total Investments	0	0	0	0
Cash, Bank	879 000	1 568 000	1 254 000	1 218 000
Total Current Assets	1 898 000	2 273 000	2 154 000	2 016 000
Total Assets	1 916 000	2 290 000	2 174 000	2 036 000
Total Equity	1 017 000	1 014 000	1 008 000	944 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	53 000	179 000	56 000	392 000
Unpaid Taxes	36 000	19 000	86 000	1 000
Dividends	600 000	810 000	750 000	500 000
Other Current Debt	40 000	40 000	43 000	43 000
Total Current Debt	898 000	1 276 000	1 166 000	1 092 000
Total Equity and Debt	1 916 000	2 290 000	2 174 000	2 036 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,29 %	80,47 %	80,85 %	57,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,19 %	27,82 %	36,69 %	30,89 %
Current Ratio	2,11	1,78	1,85	1,85
Quick Ratio	7,03	3,78	3,33	3,43
Equity Ratio	0,53	0,44	0,46	0,46
Gross Profit Margin	33,06 %	32,95 %	43,64 %	41,22 %