SVEENS RØRLEGGERSERVICE AS

1807 ASKIM

Finances

Share Ownership

Return on Equity

14,11 %

Current Ratio

2,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 979 000	874 000	852 000	826 000
Net Income	341 000	−506 000	−487 000	−368 000
Total Assets	3 694 000	1 509 000	1 938 000	2 497 000
Total Equity	2 417 000	1 215 000	1 721 000	2 208 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 979 000	874 000	852 000	826 000
Expenditure	2 593 000	1 382 000	1 348 000	1 182 000
Operating Profit	386 000	−508 000	−496 000	−355 000
Financial Income	10 000	3 000	9 000	15 000
Financial Costs	55 000	0	0	0
Financial Balance	−45 000	3 000	9 000	15 000
Earnings Before Tax	341 000	−506 000	−487 000	−340 000
Tax	0	0	0	28 000
Net Income	341 000	−506 000	−487 000	−368 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	124 000	164 000	374 000	812 000
Total Current Assets	3 570 000	1 345 000	1 564 000	1 685 000
Total Assets	3 694 000	1 509 000	1 938 000	2 497 000
Total Retained Equity	2 207 000	1 105 000	1 611 000	2 098 000
Total Equity	2 417 000	1 215 000	1 721 000	2 208 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 277 000	294 000	217 000	289 000
Total Equity and Debt	3 694 000	1 509 000	1 938 000	2 497 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 264 000	0	0	0
Other Income	715 000	874 000	852 000	826 000
Revenue	2 979 000	874 000	852 000	826 000
Cost of Goods Sold	1 155 000	0	0	0
Salary Costs	189 000	276 000	0	0
Depreciation	99 000	210 000	438 000	401 000
Impairment	0	0	0	0
Expenditure	2 593 000	1 382 000	1 348 000	1 182 000
Operating Profit	386 000	−508 000	−496 000	−355 000
Financial Income	10 000	3 000	9 000	15 000
Financial Costs	55 000	0	0	0
Financial Balance	−45 000	3 000	9 000	15 000
Dividends	0	0	0	0
Net Income	341 000	−506 000	−487 000	−368 000

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	83 000	164 000	374 000	812 000
Fixtures	41 000	0	0	0
Total Tangible Assets	124 000	164 000	374 000	812 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	124 000	164 000	374 000	812 000
Stock	34 000	0	0	0
Total Investments	20 000	0	0	0
Cash, Bank	2 926 000	895 000	1 174 000	1 445 000
Total Current Assets	3 570 000	1 345 000	1 564 000	1 685 000
Total Assets	3 694 000	1 509 000	1 938 000	2 497 000
Total Equity	2 417 000	1 215 000	1 721 000	2 208 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	161 000	2 000	0	0
Unpaid Taxes	196 000	53 000	28 000	3 000
Dividends	0	0	0	0
Other Current Debt	920 000	239 000	188 000	286 000
Total Current Debt	1 277 000	294 000	217 000	289 000
Total Equity and Debt	3 694 000	1 509 000	1 938 000	2 497 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,11 %	−41,65 %	−28,3 %	−16,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,96 %	−58,12 %	−58,22 %	−42,98 %
Current Ratio	2,8	4,57	7,21	5,83
Quick Ratio	2,87	4,57	7,21	5,83
Equity Ratio	0,65	0,81	0,89	0,88
Gross Profit Margin	61,23 %	100 %	100 %	100 %