SARVES AS

9538 ALTA

Finances

Return on Equity

14,65 %

Current Ratio

5,09

Debt-to-Equity Ratio

0,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 300 000	1 703 000	2 323 000	964 000
Net Income	403 000	607 000	941 000	259 000
Total Assets	5 749 000	5 307 000	5 909 000	5 047 000
Total Equity	2 750 000	2 347 000	1 740 000	1 770 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 300 000	1 703 000	2 323 000	964 000
Expenditure	750 000	886 000	1 064 000	582 000
Operating Profit	551 000	816 000	1 259 000	382 000
Financial Income	0	0	5 000	0
Financial Costs	34 000	41 000	49 000	51 000
Financial Balance	−34 000	−41 000	−44 000	−51 000
Earnings Before Tax	517 000	775 000	1 215 000	331 000
Tax	114 000	168 000	274 000	72 000
Net Income	403 000	607 000	941 000	259 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 493 000	2 089 000	1 495 000	3 564 000
Total Current Assets	3 256 000	3 218 000	4 414 000	1 483 000
Total Assets	5 749 000	5 307 000	5 909 000	5 047 000
Total Retained Equity	530 000	127 000	−480 000	−450 000
Total Equity	2 750 000	2 347 000	1 740 000	1 770 000
Total Long-Term Debt	2 359 000	2 076 000	2 805 000	2 592 000
Total Current Debt	640 000	884 000	1 365 000	685 000
Total Equity and Debt	5 749 000	5 307 000	5 909 000	5 047 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	861 000	1 329 000	2 323 000	964 000
Other Income	439 000	373 000	0	0
Revenue	1 300 000	1 703 000	2 323 000	964 000
Cost of Goods Sold	174 000	197 000	296 000	99 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	750 000	886 000	1 064 000	582 000
Operating Profit	551 000	816 000	1 259 000	382 000
Financial Income	0	0	5 000	0
Financial Costs	34 000	41 000	49 000	51 000
Financial Balance	−34 000	−41 000	−44 000	−51 000
Dividends	0	0	0	0
Net Income	403 000	607 000	941 000	259 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 275 000	0
Real Eastate	1 275 000	1 275 000	0	3 344 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 275 000	1 275 000	0	3 344 000
Total Fiancial Fixed Assets	1 218 000	814 000	220 000	220 000
Total Fixed Assets	2 493 000	2 089 000	1 495 000	3 564 000
Stock	1 478 000	1 577 000	1 774 000	0
Total Investments	0	0	0	0
Cash, Bank	356 000	400 000	305 000	20 000
Total Current Assets	3 256 000	3 218 000	4 414 000	1 483 000
Total Assets	5 749 000	5 307 000	5 909 000	5 047 000
Total Equity	2 750 000	2 347 000	1 740 000	1 770 000
Short-Term Group Debt	517 000	762 000	0	0
Total Long-Term Debt	2 359 000	2 076 000	2 805 000	2 592 000
Creditors	122 000	122 000	120 000	359 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	1 245 000	326 000
Total Current Debt	640 000	884 000	1 365 000	685 000
Total Equity and Debt	5 749 000	5 307 000	5 909 000	5 047 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,65 %	25,86 %	54,08 %	14,63 %
Debt-to-Equity Ratio	0,86	0,88	1,61	1,46
Operating Profit Margin	42,38 %	47,92 %	54,2 %	39,63 %
Current Ratio	5,09	3,64	3,23	2,16
Quick Ratio	−3,89	−4,64	−10,79	2,16
Equity Ratio	0,48	0,44	0,29	0,35
Gross Profit Margin	86,62 %	88,43 %	87,26 %	89,73 %