SAVOCA AS

4020 STAVANGER

Finances

Return on Equity

46,61 %

Current Ratio

9,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	18 000	0	14 000
Net Income	48 285 000	45 813 000	161 000	−691 000
Total Assets	110 310 000	69 991 000	22 448 000	33 508 000
Total Equity	103 588 000	55 303 000	19 490 000	19 329 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	18 000	0	14 000
Expenditure	764 000	2 711 000	887 000	532 000
Operating Profit	−765 000	−2 694 000	−887 000	−519 000
Financial Income	57 759 000	49 608 000	1 184 000	1 395 000
Financial Costs	8 709 000	1 101 000	136 000	1 568 000
Financial Balance	49 050 000	48 507 000	1 048 000	−173 000
Earnings Before Tax	48 285 000	45 813 000	161 000	−691 000
Tax	0	0	0	0
Net Income	48 285 000	45 813 000	161 000	−691 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 168 000	9 939 000	8 657 000	22 614 000
Total Current Assets	62 142 000	60 052 000	13 791 000	10 893 000
Total Assets	110 310 000	69 991 000	22 448 000	33 508 000
Total Retained Equity	103 088 000	54 803 000	18 990 000	18 829 000
Total Equity	103 588 000	55 303 000	19 490 000	19 329 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 722 000	14 688 000	2 958 000	14 179 000
Total Equity and Debt	110 310 000	69 991 000	22 448 000	33 508 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	18 000	0	14 000
Other Income	0	0	0	0
Revenue	0	18 000	0	14 000
Cost of Goods Sold	0	0	0	7 000
Salary Costs	0	0	229 000	228 000
Depreciation	112 000	119 000	75 000	35 000
Impairment	0	0	0	0
Expenditure	764 000	2 711 000	887 000	532 000
Operating Profit	−765 000	−2 694 000	−887 000	−519 000
Financial Income	57 759 000	49 608 000	1 184 000	1 395 000
Financial Costs	8 709 000	1 101 000	136 000	1 568 000
Financial Balance	49 050 000	48 507 000	1 048 000	−173 000
Dividends	0	0	0	0
Net Income	48 285 000	45 813 000	161 000	−691 000

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	65 000	94 000	120 000	27 000
Fixtures	708 000	771 000	726 000	272 000
Total Tangible Assets	773 000	865 000	846 000	299 000
Total Fiancial Fixed Assets	47 395 000	9 074 000	7 811 000	22 315 000
Total Fixed Assets	48 168 000	9 939 000	8 657 000	22 614 000
Stock	5 864 000	5 755 000	5 497 000	3 347 000
Total Investments	22 920 000	19 610 000	7 139 000	7 263 000
Cash, Bank	33 334 000	32 506 000	1 076 000	240 000
Total Current Assets	62 142 000	60 052 000	13 791 000	10 893 000
Total Assets	110 310 000	69 991 000	22 448 000	33 508 000
Total Equity	103 588 000	55 303 000	19 490 000	19 329 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	39 000	16 000	91 000	730 000
Unpaid Taxes	0	0	91 000	0
Dividends	0	0	0	0
Other Current Debt	4 498 000	14 672 000	2 776 000	12 948 000
Total Current Debt	6 722 000	14 688 000	2 958 000	14 179 000
Total Equity and Debt	110 310 000	69 991 000	22 448 000	33 508 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,61 %	82,84 %	0,83 %	−3,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−14 966,67 %	-	−3 707,14 %
Current Ratio	9,24	4,09	4,66	0,77
Quick Ratio	72,43	6,72	−5,43	1,01
Equity Ratio	0,94	0,79	0,87	0,58
Gross Profit Margin	-	100 %	-	50 %