THE SWATCH GROUP NORDIC NORSK AVDELING AV UTENLANDSK FORETAK

0585 OSLO

Finances

Share Ownership

Return on Equity

37,3 %

Current Ratio

2,34

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	143 353 000	120 991 000	109 244 000	122 161 000
Net Income	11 948 000	6 606 000	5 706 000	4 985 000
Total Assets	52 648 000	44 088 000	37 748 000	32 360 000
Total Equity	32 029 000	20 081 000	13 475 000	7 769 000

Income (NOK)	2022	2021	2020	2019
Revenue	143 353 000	120 991 000	109 244 000	122 161 000
Expenditure	127 875 000	112 450 000	101 499 000	115 480 000
Operating Profit	15 478 000	8 541 000	7 744 000	6 681 000
Financial Income	346 000	204 000	126 000	358 000
Financial Costs	384 000	244 000	517 000	519 000
Financial Balance	−38 000	−40 000	−391 000	−161 000
Earnings Before Tax	15 439 000	8 501 000	7 354 000	6 520 000
Tax	3 491 000	1 895 000	1 649 000	1 534 000
Net Income	11 948 000	6 606 000	5 706 000	4 985 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 551 000	5 226 000	5 224 000	1 408 000
Total Current Assets	47 097 000	38 862 000	32 524 000	30 953 000
Total Assets	52 648 000	44 088 000	37 748 000	32 360 000
Total Retained Equity	32 029 000	20 081 000	13 475 000	7 769 000
Total Equity	32 029 000	20 081 000	13 475 000	7 769 000
Total Long-Term Debt	477 000	1 168 000	1 753 000	3 002 000
Total Current Debt	20 142 000	22 838 000	22 521 000	21 589 000
Total Equity and Debt	52 648 000	44 088 000	37 748 000	32 360 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	143 353 000	120 724 000	108 780 000	122 049 000
Other Income	0	267 000	464 000	112 000
Revenue	143 353 000	120 991 000	109 244 000	122 161 000
Cost of Goods Sold	91 748 000	78 352 000	70 817 000	79 381 000
Salary Costs	14 772 000	15 625 000	14 767 000	17 991 000
Depreciation	1 984 000	1 471 000	829 000	778 000
Impairment	0	0	0	0
Expenditure	127 875 000	112 450 000	101 499 000	115 480 000
Operating Profit	15 478 000	8 541 000	7 744 000	6 681 000
Financial Income	346 000	204 000	126 000	358 000
Financial Costs	384 000	244 000	517 000	519 000
Financial Balance	−38 000	−40 000	−391 000	−161 000
Dividends	0	0	0	0
Net Income	11 948 000	6 606 000	5 706 000	4 985 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	486 000	232 000	136 000	300 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 724 000	3 655 000	3 750 000	1 107 000
Total Tangible Assets	3 724 000	3 655 000	3 750 000	1 107 000
Total Fiancial Fixed Assets	1 340 000	1 339 000	1 339 000	1 000
Total Fixed Assets	5 551 000	5 226 000	5 224 000	1 408 000
Stock	1 038 000	831 000	891 000	652 000
Total Investments	0	0	0	0
Cash, Bank	30 259 000	21 119 000	16 891 000	16 319 000
Total Current Assets	47 097 000	38 862 000	32 524 000	30 953 000
Total Assets	52 648 000	44 088 000	37 748 000	32 360 000
Total Equity	32 029 000	20 081 000	13 475 000	7 769 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	477 000	1 168 000	1 753 000	3 002 000
Creditors	5 004 000	7 666 000	7 552 000	6 164 000
Unpaid Taxes	6 185 000	6 885 000	6 685 000	5 704 000
Dividends	0	0	0	0
Other Current Debt	5 327 000	6 313 000	6 756 000	8 147 000
Total Current Debt	20 142 000	22 838 000	22 521 000	21 589 000
Total Equity and Debt	52 648 000	44 088 000	37 748 000	32 360 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,3 %	32,9 %	42,35 %	64,17 %
Debt-to-Equity Ratio	0,01	0,06	0,13	0,39
Operating Profit Margin	10,8 %	7,06 %	7,09 %	5,47 %
Current Ratio	2,34	1,7	1,44	1,43
Quick Ratio	2,47	1,77	1,5	1,48
Equity Ratio	0,61	0,46	0,36	0,24
Gross Profit Margin	36 %	35,24 %	35,18 %	35,02 %