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8300 SVOLVÆR

Finances

Return on Equity

−27,48 %

Current Ratio

2,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 672 000	3 110 000	2 524 000	2 769 000
Net Income	−216 000	−58 000	255 000	217 000
Total Assets	1 196 000	1 469 000	1 521 000	1 318 000
Total Equity	786 000	1 002 000	1 060 000	805 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 672 000	3 110 000	2 524 000	2 769 000
Expenditure	3 079 000	3 182 000	2 198 000	2 493 000
Operating Profit	−407 000	−73 000	327 000	276 000
Financial Income	132 000	1 000	4 000	9 000
Financial Costs	2 000	3 000	3 000	6 000
Financial Balance	130 000	−2 000	1 000	3 000
Earnings Before Tax	−277 000	−75 000	327 000	279 000
Tax	−61 000	−16 000	72 000	61 000
Net Income	−216 000	−58 000	255 000	217 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	124 000	78 000	80 000	94 000
Total Current Assets	1 072 000	1 391 000	1 441 000	1 224 000
Total Assets	1 196 000	1 469 000	1 521 000	1 318 000
Total Retained Equity	606 000	822 000	880 000	625 000
Total Equity	786 000	1 002 000	1 060 000	805 000
Total Long-Term Debt	0	0	3 000	4 000
Total Current Debt	411 000	468 000	458 000	509 000
Total Equity and Debt	1 196 000	1 469 000	1 521 000	1 318 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 672 000	3 110 000	2 524 000	2 769 000
Other Income	0	0	0	0
Revenue	2 672 000	3 110 000	2 524 000	2 769 000
Cost of Goods Sold	662 000	593 000	463 000	449 000
Salary Costs	1 967 000	2 117 000	1 323 000	1 549 000
Depreciation	15 000	15 000	15 000	12 000
Impairment	0	0	0	0
Expenditure	3 079 000	3 182 000	2 198 000	2 493 000
Operating Profit	−407 000	−73 000	327 000	276 000
Financial Income	132 000	1 000	4 000	9 000
Financial Costs	2 000	3 000	3 000	6 000
Financial Balance	130 000	−2 000	1 000	3 000
Dividends	0	0	0	0
Net Income	−216 000	−58 000	255 000	217 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	74 000	13 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	35 000	50 000	64 000
Total Tangible Assets	20 000	35 000	50 000	64 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	124 000	78 000	80 000	94 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	603 000	1 134 000	1 339 000	839 000
Total Current Assets	1 072 000	1 391 000	1 441 000	1 224 000
Total Assets	1 196 000	1 469 000	1 521 000	1 318 000
Total Equity	786 000	1 002 000	1 060 000	805 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	4 000
Creditors	88 000	129 000	123 000	98 000
Unpaid Taxes	117 000	111 000	144 000	196 000
Dividends	0	0	0	0
Other Current Debt	206 000	228 000	118 000	156 000
Total Current Debt	411 000	468 000	458 000	509 000
Total Equity and Debt	1 196 000	1 469 000	1 521 000	1 318 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,48 %	−5,79 %	24,06 %	26,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−15,23 %	−2,35 %	12,96 %	9,97 %
Current Ratio	2,61	2,97	3,15	2,4
Quick Ratio	2,61	2,97	3,15	2,4
Equity Ratio	0,66	0,68	0,7	0,61
Gross Profit Margin	75,22 %	80,93 %	81,66 %	83,78 %