SVARSTAD AS

1820 SPYDEBERG

Finances

Return on Equity

96,07 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 000 000	8 702 000	8 950 000	8 274 000
Net Income	831 000	872 000	924 000	306 000
Total Assets	4 868 000	4 702 000	4 596 000	4 836 000
Total Equity	865 000	886 000	1 052 000	1 037 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 000 000	8 702 000	8 950 000	8 274 000
Expenditure	7 865 000	7 504 000	7 681 000	7 660 000
Operating Profit	1 135 000	1 198 000	1 268 000	614 000
Financial Income	0	0	−5 000	0
Financial Costs	70 000	76 000	79 000	107 000
Financial Balance	−70 000	−76 000	−84 000	−107 000
Earnings Before Tax	1 066 000	1 122 000	1 184 000	507 000
Tax	235 000	250 000	260 000	201 000
Net Income	831 000	872 000	924 000	306 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	122 000	135 000	204 000	1 843 000
Total Current Assets	4 746 000	4 566 000	4 392 000	2 993 000
Total Assets	4 868 000	4 702 000	4 596 000	4 836 000
Total Retained Equity	265 000	286 000	452 000	437 000
Total Equity	865 000	886 000	1 052 000	1 037 000
Total Long-Term Debt	838 000	986 000	979 000	1 430 000
Total Current Debt	3 165 000	2 829 000	2 566 000	2 369 000
Total Equity and Debt	4 868 000	4 702 000	4 596 000	4 836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 915 000	8 691 000	8 922 000	8 274 000
Other Income	85 000	12 000	28 000	0
Revenue	9 000 000	8 702 000	8 950 000	8 274 000
Cost of Goods Sold	4 486 000	4 184 000	4 468 000	4 028 000
Salary Costs	1 888 000	1 787 000	1 823 000	1 671 000
Depreciation	40 000	45 000	45 000	70 000
Impairment	0	0	0	0
Expenditure	7 865 000	7 504 000	7 681 000	7 660 000
Operating Profit	1 135 000	1 198 000	1 268 000	614 000
Financial Income	0	0	−5 000	0
Financial Costs	70 000	76 000	79 000	107 000
Financial Balance	−70 000	−76 000	−84 000	−107 000
Dividends	0	0	0	0
Net Income	831 000	872 000	924 000	306 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	115 000	129 000	198 000	303 000
Total Tangible Assets	115 000	129 000	198 000	303 000
Total Fiancial Fixed Assets	6 000	6 000	6 000	1 540 000
Total Fixed Assets	122 000	135 000	204 000	1 843 000
Stock	2 808 000	2 639 000	2 590 000	2 666 000
Total Investments	0	0	0	0
Cash, Bank	1 327 000	1 224 000	548 000	643 000
Total Current Assets	4 746 000	4 566 000	4 392 000	2 993 000
Total Assets	4 868 000	4 702 000	4 596 000	4 836 000
Total Equity	865 000	886 000	1 052 000	1 037 000
Short-Term Group Debt	1 832 000	1 330 000	1 165 000	0
Total Long-Term Debt	838 000	986 000	979 000	1 430 000
Creditors	1 029 000	1 119 000	1 053 000	1 059 000
Unpaid Taxes	97 000	88 000	78 000	95 000
Dividends	0	0	0	0
Other Current Debt	208 000	291 000	269 000	1 214 000
Total Current Debt	3 165 000	2 829 000	2 566 000	2 369 000
Total Equity and Debt	4 868 000	4 702 000	4 596 000	4 836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,07 %	98,42 %	87,83 %	29,51 %
Debt-to-Equity Ratio	0,97	1,11	0,93	1,38
Operating Profit Margin	12,61 %	13,77 %	14,17 %	7,42 %
Current Ratio	1,5	1,61	1,71	1,26
Quick Ratio	13,29	24,03	−183	−10,08
Equity Ratio	0,18	0,19	0,23	0,21
Gross Profit Margin	50,16 %	51,92 %	50,08 %	51,32 %