VERKSTEDSERVICE SVOLVÆR AS

8300 SVOLVÆR

Finances

Return on Equity

0,44 %

Current Ratio

6,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 443 000	796 000	1 924 000	2 210 000
Net Income	48 000	937 000	556 000	97 000
Total Assets	11 349 000	11 101 000	10 347 000	9 827 000
Total Equity	10 927 000	10 879 000	9 942 000	9 386 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 443 000	796 000	1 924 000	2 210 000
Expenditure	1 288 000	756 000	1 763 000	2 085 000
Operating Profit	156 000	41 000	161 000	125 000
Financial Income	30 000	912 000	434 000	1 000
Financial Costs	97 000	0	0	1 000
Financial Balance	−67 000	912 000	434 000	0
Earnings Before Tax	89 000	953 000	596 000	125 000
Tax	41 000	15 000	40 000	28 000
Net Income	48 000	937 000	556 000	97 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 684 000	8 684 000	8 684 000	8 684 000
Total Current Assets	2 665 000	2 417 000	1 663 000	1 143 000
Total Assets	11 349 000	11 101 000	10 347 000	9 827 000
Total Retained Equity	2 143 000	2 095 000	1 158 000	602 000
Total Equity	10 927 000	10 879 000	9 942 000	9 386 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	422 000	222 000	405 000	441 000
Total Equity and Debt	11 349 000	11 101 000	10 347 000	9 827 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 443 000	796 000	1 924 000	2 210 000
Other Income	0	0	0	0
Revenue	1 443 000	796 000	1 924 000	2 210 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 193 000	685 000	1 655 000	1 947 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 288 000	756 000	1 763 000	2 085 000
Operating Profit	156 000	41 000	161 000	125 000
Financial Income	30 000	912 000	434 000	1 000
Financial Costs	97 000	0	0	1 000
Financial Balance	−67 000	912 000	434 000	0
Dividends	0	0	0	0
Net Income	48 000	937 000	556 000	97 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	8 684 000	8 684 000	8 684 000	8 684 000
Total Fixed Assets	8 684 000	8 684 000	8 684 000	8 684 000
Stock	0	0	0	0
Total Investments	0	1 041 000	0	0
Cash, Bank	2 452 000	1 295 000	1 487 000	945 000
Total Current Assets	2 665 000	2 417 000	1 663 000	1 143 000
Total Assets	11 349 000	11 101 000	10 347 000	9 827 000
Total Equity	10 927 000	10 879 000	9 942 000	9 386 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	2 000	2 000	−7 000
Unpaid Taxes	170 000	76 000	150 000	169 000
Dividends	0	0	0	0
Other Current Debt	204 000	129 000	213 000	251 000
Total Current Debt	422 000	222 000	405 000	441 000
Total Equity and Debt	11 349 000	11 101 000	10 347 000	9 827 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,44 %	8,61 %	5,59 %	1,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,81 %	5,15 %	8,37 %	5,66 %
Current Ratio	6,32	10,89	4,11	2,59
Quick Ratio	6,32	10,89	4,11	2,59
Equity Ratio	0,96	0,98	0,96	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %