SØLVTRANS MANAGEMENT AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

104,86 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	57 978 000	50 977 000	43 895 000	38 300 000
Net Income	2 678 000	2 499 000	2 079 000	1 897 000
Total Assets	18 137 000	19 308 000	17 266 000	24 790 000
Total Equity	2 554 000	3 229 000	3 466 000	4 019 000

Income (NOK)	2022	2021	2020	2019
Revenue	57 978 000	50 977 000	43 895 000	38 300 000
Expenditure	54 224 000	47 758 000	41 154 000	35 859 000
Operating Profit	3 754 000	3 219 000	2 740 000	2 440 000
Financial Income	169 000	19 000	35 000	54 000
Financial Costs	303 000	2 000	9 000	36 000
Financial Balance	−134 000	17 000	26 000	18 000
Earnings Before Tax	3 620 000	3 237 000	2 766 000	2 458 000
Tax	942 000	738 000	687 000	561 000
Net Income	2 678 000	2 499 000	2 079 000	1 897 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 877 000	1 727 000	551 000	782 000
Total Current Assets	16 260 000	17 581 000	16 714 000	24 008 000
Total Assets	18 137 000	19 308 000	17 266 000	24 790 000
Total Retained Equity	412 000	1 087 000	0	−846 000
Total Equity	2 554 000	3 229 000	3 466 000	4 019 000
Total Long-Term Debt	0	0	0	118 000
Total Current Debt	15 583 000	16 079 000	13 800 000	20 652 000
Total Equity and Debt	18 137 000	19 308 000	17 266 000	24 790 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 978 000	50 977 000	43 895 000	38 300 000
Other Income	0	0	0	0
Revenue	57 978 000	50 977 000	43 895 000	38 300 000
Cost of Goods Sold	0	0	0	0
Salary Costs	41 997 000	37 480 000	32 295 000	25 448 000
Depreciation	266 000	323 000	535 000	756 000
Impairment	0	0	0	0
Expenditure	54 224 000	47 758 000	41 154 000	35 859 000
Operating Profit	3 754 000	3 219 000	2 740 000	2 440 000
Financial Income	169 000	19 000	35 000	54 000
Financial Costs	303 000	2 000	9 000	36 000
Financial Balance	−134 000	17 000	26 000	18 000
Dividends	0	0	0	0
Net Income	2 678 000	2 499 000	2 079 000	1 897 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	107 000	132 000	214 000	274 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	584 000	285 000	337 000	508 000
Total Tangible Assets	584 000	285 000	337 000	508 000
Total Fiancial Fixed Assets	1 186 000	1 310 000	0	0
Total Fixed Assets	1 877 000	1 727 000	551 000	782 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 942 000	1 873 000	1 505 000	1 332 000
Total Current Assets	16 260 000	17 581 000	16 714 000	24 008 000
Total Assets	18 137 000	19 308 000	17 266 000	24 790 000
Total Equity	2 554 000	3 229 000	3 466 000	4 019 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	118 000
Creditors	1 979 000	858 000	1 293 000	448 000
Unpaid Taxes	3 707 000	3 455 000	2 808 000	2 383 000
Dividends	0	0	0	0
Other Current Debt	9 897 000	11 766 000	9 699 000	17 822 000
Total Current Debt	15 583 000	16 079 000	13 800 000	20 652 000
Total Equity and Debt	18 137 000	19 308 000	17 266 000	24 790 000

Financial indicators	2022	2021	2020	2019
Return on Equity	104,86 %	77,39 %	59,98 %	47,2 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	6,47 %	6,31 %	6,24 %	6,37 %
Current Ratio	1,04	1,09	1,21	1,16
Quick Ratio	1,04	1,09	1,21	1,16
Equity Ratio	0,14	0,17	0,2	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %