SVARSTAD TEKSTIL AS

2390 MOELV

Finances

Share Ownership

Return on Equity

27,9 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 578 000	5 927 000	5 235 000	6 691 000
Net Income	382 000	152 000	159 000	−376 000
Total Assets	4 428 000	3 736 000	3 176 000	2 272 000
Total Equity	1 369 000	987 000	702 000	395 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 578 000	5 927 000	5 235 000	6 691 000
Expenditure	6 065 000	5 715 000	5 017 000	7 067 000
Operating Profit	513 000	212 000	218 000	−376 000
Financial Income	1 000	1 000	1 000	62 000
Financial Costs	0	7 000	6 000	175 000
Financial Balance	1 000	−6 000	−5 000	−113 000
Earnings Before Tax	514 000	205 000	212 000	−489 000
Tax	132 000	53 000	54 000	−113 000
Net Income	382 000	152 000	159 000	−376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	103 000	133 000	224 000	319 000
Total Current Assets	4 325 000	3 603 000	2 953 000	1 953 000
Total Assets	4 428 000	3 736 000	3 176 000	2 272 000
Total Retained Equity	1 269 000	887 000	602 000	295 000
Total Equity	1 369 000	987 000	702 000	395 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 060 000	2 749 000	2 474 000	1 876 000
Total Equity and Debt	4 428 000	3 736 000	3 176 000	2 272 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 578 000	5 927 000	5 222 000	6 691 000
Other Income	0	0	13 000	0
Revenue	6 578 000	5 927 000	5 235 000	6 691 000
Cost of Goods Sold	2 785 000	2 569 000	2 211 000	3 475 000
Salary Costs	2 250 000	2 245 000	1 892 000	2 573 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 065 000	5 715 000	5 017 000	7 067 000
Operating Profit	513 000	212 000	218 000	−376 000
Financial Income	1 000	1 000	1 000	62 000
Financial Costs	0	7 000	6 000	175 000
Financial Balance	1 000	−6 000	−5 000	−113 000
Dividends	0	0	0	0
Net Income	382 000	152 000	159 000	−376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	103 000	133 000	224 000	319 000
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	0	0	0	0
Total Fixed Assets	103 000	133 000	224 000	319 000
Stock	1 066 000	859 000	834 000	751 000
Total Investments	0	0	0	0
Cash, Bank	1 236 000	1 049 000	936 000	528 000
Total Current Assets	4 325 000	3 603 000	2 953 000	1 953 000
Total Assets	4 428 000	3 736 000	3 176 000	2 272 000
Total Equity	1 369 000	987 000	702 000	395 000
Short-Term Group Debt	828 000	850 000	635 000	398 000
Total Long-Term Debt	0	0	0	0
Creditors	144 000	122 000	227 000	249 000
Unpaid Taxes	334 000	289 000	244 000	238 000
Dividends	0	0	0	0
Other Current Debt	1 651 000	1 488 000	1 369 000	991 000
Total Current Debt	3 060 000	2 749 000	2 474 000	1 876 000
Total Equity and Debt	4 428 000	3 736 000	3 176 000	2 272 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,9 %	15,4 %	22,65 %	−95,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,8 %	3,58 %	4,16 %	−5,62 %
Current Ratio	1,41	1,31	1,19	1,04
Quick Ratio	2,17	1,91	1,8	1,74
Equity Ratio	0,31	0,26	0,22	0,17
Gross Profit Margin	57,66 %	56,66 %	57,77 %	48,06 %