SVEISESERVICE AS

4055 SOLA

Finances

Share Ownership

Return on Equity

36,08 %

Current Ratio

0,78

Debt-to-Equity Ratio

−0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 750 000	9 952 000	10 819 000	19 529 000
Net Income	−333 000	3 000	−675 000	59 000
Total Assets	3 849 000	2 637 000	2 561 000	3 351 000
Total Equity	−923 000	−591 000	−1 567 000	−892 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 750 000	9 952 000	10 819 000	19 529 000
Expenditure	11 798 000	9 846 000	11 388 000	19 326 000
Operating Profit	−48 000	106 000	−569 000	204 000
Financial Income	0	2 000	2 000	3 000
Financial Costs	285 000	106 000	109 000	148 000
Financial Balance	−285 000	−104 000	−107 000	−145 000
Earnings Before Tax	−333 000	3 000	−675 000	59 000
Tax	0	0	0	0
Net Income	−333 000	3 000	−675 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	379 000	453 000	531 000	293 000
Total Current Assets	3 470 000	2 184 000	2 030 000	3 058 000
Total Assets	3 849 000	2 637 000	2 561 000	3 351 000
Total Retained Equity	−1 424 000	−1 091 000	−2 068 000	−1 393 000
Total Equity	−923 000	−591 000	−1 567 000	−892 000
Total Long-Term Debt	316 000	353 000	1 324 000	1 096 000
Total Current Debt	4 456 000	2 875 000	2 804 000	3 147 000
Total Equity and Debt	3 849 000	2 637 000	2 561 000	3 351 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 750 000	9 621 000	10 794 000	19 329 000
Other Income	0	332 000	25 000	200 000
Revenue	11 750 000	9 952 000	10 819 000	19 529 000
Cost of Goods Sold	3 542 000	2 430 000	3 280 000	7 717 000
Salary Costs	4 656 000	4 367 000	4 682 000	7 424 000
Depreciation	74 000	85 000	76 000	86 000
Impairment	0	0	0	0
Expenditure	11 798 000	9 846 000	11 388 000	19 326 000
Operating Profit	−48 000	106 000	−569 000	204 000
Financial Income	0	2 000	2 000	3 000
Financial Costs	285 000	106 000	109 000	148 000
Financial Balance	−285 000	−104 000	−107 000	−145 000
Dividends	0	0	0	0
Net Income	−333 000	3 000	−675 000	59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	122 000	163 000	209 000	256 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	257 000	290 000	321 000	37 000
Total Tangible Assets	257 000	290 000	321 000	37 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	379 000	453 000	531 000	293 000
Stock	577 000	735 000	766 000	558 000
Total Investments	0	0	0	0
Cash, Bank	119 000	58 000	147 000	246 000
Total Current Assets	3 470 000	2 184 000	2 030 000	3 058 000
Total Assets	3 849 000	2 637 000	2 561 000	3 351 000
Total Equity	−923 000	−591 000	−1 567 000	−892 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	316 000	353 000	1 324 000	1 096 000
Creditors	990 000	1 188 000	867 000	848 000
Unpaid Taxes	1 094 000	352 000	504 000	881 000
Dividends	0	0	0	0
Other Current Debt	1 445 000	394 000	470 000	1 087 000
Total Current Debt	4 456 000	2 875 000	2 804 000	3 147 000
Total Equity and Debt	3 849 000	2 637 000	2 561 000	3 351 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,08 %	−0,51 %	43,08 %	−6,61 %
Debt-to-Equity Ratio	−0,34	−0,6	−0,84	−1,23
Operating Profit Margin	−0,41 %	1,07 %	−5,26 %	1,04 %
Current Ratio	0,78	0,76	0,72	0,97
Quick Ratio	0,89	1,02	1	1,18
Equity Ratio	−0,24	−0,22	−0,61	−0,27
Gross Profit Margin	69,86 %	75,58 %	69,68 %	60,48 %