SVORKA FJERNVARME AS

6650 SURNADAL

Finances

Share Ownership

Return on Equity

16,59 %

Current Ratio

2,96

Debt-to-Equity Ratio

3,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 611 000	5 737 000	4 446 000	5 604 000
Net Income	688 000	335 000	87 000	344 000
Total Assets	19 562 000	20 460 000	20 980 000	21 432 000
Total Equity	4 148 000	3 461 000	3 126 000	3 039 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 611 000	5 737 000	4 446 000	5 604 000
Expenditure	5 320 000	5 033 000	4 022 000	4 713 000
Operating Profit	1 292 000	704 000	424 000	891 000
Financial Income	48 000	12 000	12 000	25 000
Financial Costs	458 000	287 000	326 000	475 000
Financial Balance	−410 000	−275 000	−314 000	−450 000
Earnings Before Tax	881 000	429 000	111 000	441 000
Tax	194 000	94 000	24 000	97 000
Net Income	688 000	335 000	87 000	344 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 661 000	16 626 000	18 226 000	18 159 000
Total Current Assets	3 901 000	3 834 000	2 754 000	3 273 000
Total Assets	19 562 000	20 460 000	20 980 000	21 432 000
Total Retained Equity	1 643 000	956 000	621 000	534 000
Total Equity	4 148 000	3 461 000	3 126 000	3 039 000
Total Long-Term Debt	14 093 000	16 278 000	16 950 000	17 693 000
Total Current Debt	1 320 000	721 000	903 000	700 000
Total Equity and Debt	19 562 000	20 460 000	20 980 000	21 432 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 582 000	5 710 000	4 419 000	5 576 000
Other Income	29 000	27 000	27 000	28 000
Revenue	6 611 000	5 737 000	4 446 000	5 604 000
Cost of Goods Sold	3 488 000	2 933 000	2 012 000	2 563 000
Salary Costs	0	0	0	0
Depreciation	965 000	994 000	958 000	955 000
Impairment	0	0	0	0
Expenditure	5 320 000	5 033 000	4 022 000	4 713 000
Operating Profit	1 292 000	704 000	424 000	891 000
Financial Income	48 000	12 000	12 000	25 000
Financial Costs	458 000	287 000	326 000	475 000
Financial Balance	−410 000	−275 000	−314 000	−450 000
Dividends	0	0	0	0
Net Income	688 000	335 000	87 000	344 000

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	15 661 000	16 619 000	18 206 000	18 127 000
Fixtures	0	6 000	19 000	32 000
Total Tangible Assets	15 661 000	16 626 000	18 226 000	18 159 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 661 000	16 626 000	18 226 000	18 159 000
Stock	176 000	220 000	173 000	112 000
Total Investments	0	0	0	0
Cash, Bank	0	1 197 000	716 000	753 000
Total Current Assets	3 901 000	3 834 000	2 754 000	3 273 000
Total Assets	19 562 000	20 460 000	20 980 000	21 432 000
Total Equity	4 148 000	3 461 000	3 126 000	3 039 000
Short-Term Group Debt	0	0	0	139 000
Total Long-Term Debt	14 093 000	16 278 000	16 950 000	17 693 000
Creditors	1 208 000	603 000	668 000	432 000
Unpaid Taxes	0	118 000	208 000	129 000
Dividends	0	0	0	0
Other Current Debt	0	0	28 000	0
Total Current Debt	1 320 000	721 000	903 000	700 000
Total Equity and Debt	19 562 000	20 460 000	20 980 000	21 432 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,59 %	9,68 %	2,78 %	11,32 %
Debt-to-Equity Ratio	3,4	4,7	5,42	5,82
Operating Profit Margin	19,54 %	12,27 %	9,54 %	15,9 %
Current Ratio	2,96	5,32	3,05	4,68
Quick Ratio	3,41	7,65	3,77	5,57
Equity Ratio	0,21	0,17	0,15	0,14
Gross Profit Margin	47,24 %	48,88 %	54,75 %	54,26 %