SWIMEYE AS

4016 STAVANGER

Finances

Return on Equity

351,65 %

Current Ratio

3,84

Debt-to-Equity Ratio

5,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 306 000	4 926 000	4 338 000	4 970 000
Net Income	1 491 000	198 000	−768 000	−2 952 000
Total Assets	3 389 000	2 936 000	2 430 000	4 149 000
Total Equity	424 000	−1 067 000	−1 265 000	−497 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 306 000	4 926 000	4 338 000	4 970 000
Expenditure	7 774 000	4 685 000	4 979 000	7 853 000
Operating Profit	1 531 000	241 000	−641 000	−2 884 000
Financial Income	78 000	74 000	15 000	32 000
Financial Costs	118 000	117 000	142 000	101 000
Financial Balance	−40 000	−43 000	−127 000	−69 000
Earnings Before Tax	1 491 000	198 000	−768 000	−2 952 000
Tax	0	0	0	0
Net Income	1 491 000	198 000	−768 000	−2 952 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	301 000	1 011 000	1 838 000	2 644 000
Total Current Assets	3 088 000	1 925 000	592 000	1 505 000
Total Assets	3 389 000	2 936 000	2 430 000	4 149 000
Total Retained Equity	270 000	−1 221 000	−1 419 000	−651 000
Total Equity	424 000	−1 067 000	−1 265 000	−497 000
Total Long-Term Debt	2 161 000	2 918 000	3 423 000	3 300 000
Total Current Debt	804 000	1 086 000	271 000	1 346 000
Total Equity and Debt	3 389 000	2 936 000	2 430 000	4 149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 306 000	4 926 000	4 338 000	4 970 000
Other Income	0	0	0	0
Revenue	9 306 000	4 926 000	4 338 000	4 970 000
Cost of Goods Sold	2 953 000	1 546 000	1 395 000	1 895 000
Salary Costs	2 404 000	828 000	1 157 000	2 285 000
Depreciation	710 000	827 000	1 067 000	1 010 000
Impairment	0	0	0	0
Expenditure	7 774 000	4 685 000	4 979 000	7 853 000
Operating Profit	1 531 000	241 000	−641 000	−2 884 000
Financial Income	78 000	74 000	15 000	32 000
Financial Costs	118 000	117 000	142 000	101 000
Financial Balance	−40 000	−43 000	−127 000	−69 000
Dividends	0	0	0	0
Net Income	1 491 000	198 000	−768 000	−2 952 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	301 000	999 000	1 811 000	2 602 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	12 000	27 000	42 000
Total Tangible Assets	0	12 000	27 000	42 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	301 000	1 011 000	1 838 000	2 644 000
Stock	261 000	688 000	233 000	253 000
Total Investments	0	0	0	0
Cash, Bank	2 299 000	680 000	190 000	491 000
Total Current Assets	3 088 000	1 925 000	592 000	1 505 000
Total Assets	3 389 000	2 936 000	2 430 000	4 149 000
Total Equity	424 000	−1 067 000	−1 265 000	−497 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 161 000	2 918 000	3 423 000	3 300 000
Creditors	183 000	880 000	104 000	934 000
Unpaid Taxes	228 000	114 000	43 000	121 000
Dividends	0	0	0	0
Other Current Debt	393 000	91 000	123 000	290 000
Total Current Debt	804 000	1 086 000	271 000	1 346 000
Total Equity and Debt	3 389 000	2 936 000	2 430 000	4 149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	351,65 %	−18,56 %	60,71 %	593,96 %
Debt-to-Equity Ratio	5,1	−2,73	−2,71	−6,64
Operating Profit Margin	16,45 %	4,89 %	−14,78 %	−58,03 %
Current Ratio	3,84	1,77	2,18	1,12
Quick Ratio	5,69	4,84	15,58	1,38
Equity Ratio	0,13	−0,36	−0,52	−0,12
Gross Profit Margin	68,27 %	68,62 %	67,84 %	61,87 %