SVELA SOLUTIONS AS

1610 FREDRIKSTAD

Finances

Return on Equity

93,13 %

Current Ratio

2,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	828 000	1 308 000	573 000	575 000
Net Income	596 000	993 000	434 000	288 000
Total Assets	991 000	1 741 000	1 726 000	1 286 000
Total Equity	640 000	106 000	692 000	1 028 000

Income (NOK)	2022	2021	2020	2019
Revenue	828 000	1 308 000	573 000	575 000
Expenditure	64 000	35 000	16 000	206 000
Operating Profit	764 000	1 273 000	556 000	369 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	764 000	1 273 000	557 000	369 000
Tax	168 000	280 000	122 000	81 000
Net Income	596 000	993 000	434 000	288 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 000	108 000	108 000	108 000
Total Current Assets	883 000	1 633 000	1 618 000	1 178 000
Total Assets	991 000	1 741 000	1 726 000	1 286 000
Total Retained Equity	534 000	0	582 000	917 000
Total Equity	640 000	106 000	692 000	1 028 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	351 000	1 635 000	1 034 000	258 000
Total Equity and Debt	991 000	1 741 000	1 726 000	1 286 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	828 000	1 308 000	573 000	575 000
Other Income	0	0	0	0
Revenue	828 000	1 308 000	573 000	575 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	64 000	35 000	16 000	206 000
Operating Profit	764 000	1 273 000	556 000	369 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	1 410 000	500 000	0
Net Income	596 000	993 000	434 000	288 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	108 000	108 000	108 000	108 000
Total Fixed Assets	108 000	108 000	108 000	108 000
Stock	110 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	123 000	506 000	94 000
Total Current Assets	883 000	1 633 000	1 618 000	1 178 000
Total Assets	991 000	1 741 000	1 726 000	1 286 000
Total Equity	640 000	106 000	692 000	1 028 000
Short-Term Group Debt	79 000	217 000	346 000	64 000
Total Long-Term Debt	0	0	0	0
Creditors	2 000	5 000	0	2 000
Unpaid Taxes	117 000	321 000	141 000	112 000
Dividends	0	1 410 000	500 000	0
Other Current Debt	3 000	0	0	0
Total Current Debt	351 000	1 635 000	1 034 000	258 000
Total Equity and Debt	991 000	1 741 000	1 726 000	1 286 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,13 %	936,79 %	62,72 %	28,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	92,27 %	97,32 %	97,03 %	64,17 %
Current Ratio	2,52	1	1,56	4,57
Quick Ratio	3,66	1	1,56	4,57
Equity Ratio	0,65	0,06	0,4	0,8
Gross Profit Margin	100 %	100 %	100 %	100 %