SJØVANG AS

6390 VESTNES

Finances

Share Ownership

Return on Equity

20,14 %

Current Ratio

0,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	954 000	837 000	866 000	936 000
Net Income	197 000	−51 000	299 000	313 000
Total Assets	2 902 000	3 060 000	2 060 000	2 346 000
Total Equity	978 000	1 095 000	1 146 000	1 240 000

Income (NOK)	2022	2021	2020	2019
Revenue	954 000	837 000	866 000	936 000
Expenditure	650 000	883 000	477 000	524 000
Operating Profit	303 000	−46 000	390 000	411 000
Financial Income	8 000	2 000	5 000	8 000
Financial Costs	59 000	22 000	11 000	19 000
Financial Balance	−51 000	−20 000	−6 000	−11 000
Earnings Before Tax	253 000	−65 000	384 000	401 000
Tax	56 000	−14 000	84 000	88 000
Net Income	197 000	−51 000	299 000	313 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 694 000	2 927 000	1 628 000	1 796 000
Total Current Assets	208 000	133 000	432 000	550 000
Total Assets	2 902 000	3 060 000	2 060 000	2 346 000
Total Retained Equity	295 000	412 000	463 000	557 000
Total Equity	978 000	1 095 000	1 146 000	1 240 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 924 000	1 965 000	914 000	1 107 000
Total Equity and Debt	2 902 000	3 060 000	2 060 000	2 346 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	954 000	837 000	866 000	936 000
Other Income	0	0	0	0
Revenue	954 000	837 000	866 000	936 000
Cost of Goods Sold	47 000	62 000	57 000	77 000
Salary Costs	0	0	0	0
Depreciation	266 000	201 000	194 000	197 000
Impairment	0	0	0	0
Expenditure	650 000	883 000	477 000	524 000
Operating Profit	303 000	−46 000	390 000	411 000
Financial Income	8 000	2 000	5 000	8 000
Financial Costs	59 000	22 000	11 000	19 000
Financial Balance	−51 000	−20 000	−6 000	−11 000
Dividends	0	0	0	0
Net Income	197 000	−51 000	299 000	313 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	270 000	237 000	221 000	195 000
Real Eastate	2 424 000	2 690 000	1 407 000	1 595 000
Machinery and Plant Facilities	0	0	0	6 000
Fixtures	0	0	0	0
Total Tangible Assets	2 424 000	2 690 000	1 407 000	1 601 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 694 000	2 927 000	1 628 000	1 796 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	207 000	133 000	417 000	542 000
Total Current Assets	208 000	133 000	432 000	550 000
Total Assets	2 902 000	3 060 000	2 060 000	2 346 000
Total Equity	978 000	1 095 000	1 146 000	1 240 000
Short-Term Group Debt	1 745 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	135 000	133 000	115 000	116 000
Unpaid Taxes	0	1 000	0	0
Dividends	0	0	0	0
Other Current Debt	44 000	1 830 000	799 000	991 000
Total Current Debt	1 924 000	1 965 000	914 000	1 107 000
Total Equity and Debt	2 902 000	3 060 000	2 060 000	2 346 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,14 %	−4,66 %	26,09 %	25,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31,76 %	−5,5 %	45,03 %	43,91 %
Current Ratio	0,11	0,07	0,47	0,5
Quick Ratio	0,11	0,07	0,47	0,5
Equity Ratio	0,34	0,36	0,56	0,53
Gross Profit Margin	95,07 %	92,59 %	93,42 %	91,77 %