SELVIG AS

3189 HORTEN

Finances

Share Ownership

Return on Equity

10,73 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 612 000	43 083 000	37 414 000	32 246 000
Net Income	810 000	2 611 000	1 709 000	643 000
Total Assets	17 858 000	14 872 000	12 847 000	8 383 000
Total Equity	7 546 000	6 736 000	4 125 000	2 416 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 612 000	43 083 000	37 414 000	32 246 000
Expenditure	48 868 000	39 538 000	36 170 000	31 408 000
Operating Profit	1 744 000	3 544 000	1 243 000	837 000
Financial Income	622 000	643 000	1 807 000	404 000
Financial Costs	1 325 000	876 000	852 000	418 000
Financial Balance	−703 000	−233 000	955 000	−14 000
Earnings Before Tax	1 040 000	3 311 000	2 198 000	824 000
Tax	230 000	700 000	489 000	181 000
Net Income	810 000	2 611 000	1 709 000	643 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 299 000	2 954 000	2 720 000	944 000
Total Current Assets	14 559 000	11 918 000	10 127 000	7 440 000
Total Assets	17 858 000	14 872 000	12 847 000	8 383 000
Total Retained Equity	7 146 000	6 336 000	3 725 000	2 016 000
Total Equity	7 546 000	6 736 000	4 125 000	2 416 000
Total Long-Term Debt	214 000	837 000	1 036 000	24 000
Total Current Debt	10 098 000	7 298 000	7 686 000	5 944 000
Total Equity and Debt	17 858 000	14 872 000	12 847 000	8 383 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 479 000	43 010 000	37 414 000	32 220 000
Other Income	134 000	73 000	0	25 000
Revenue	50 612 000	43 083 000	37 414 000	32 246 000
Cost of Goods Sold	40 173 000	32 704 000	30 144 000	25 607 000
Salary Costs	4 180 000	2 814 000	2 659 000	2 668 000
Depreciation	312 000	255 000	169 000	73 000
Impairment	0	0	0	0
Expenditure	48 868 000	39 538 000	36 170 000	31 408 000
Operating Profit	1 744 000	3 544 000	1 243 000	837 000
Financial Income	622 000	643 000	1 807 000	404 000
Financial Costs	1 325 000	876 000	852 000	418 000
Financial Balance	−703 000	−233 000	955 000	−14 000
Dividends	0	0	0	0
Net Income	810 000	2 611 000	1 709 000	643 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	126 000	126 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 299 000	2 954 000	2 594 000	799 000
Total Tangible Assets	3 299 000	2 954 000	2 720 000	925 000
Total Fiancial Fixed Assets	0	0	0	19 000
Total Fixed Assets	3 299 000	2 954 000	2 720 000	944 000
Stock	4 453 000	3 584 000	3 227 000	2 896 000
Total Investments	0	0	0	0
Cash, Bank	3 902 000	4 476 000	2 844 000	1 473 000
Total Current Assets	14 559 000	11 918 000	10 127 000	7 440 000
Total Assets	17 858 000	14 872 000	12 847 000	8 383 000
Total Equity	7 546 000	6 736 000	4 125 000	2 416 000
Short-Term Group Debt	2 088 000	0	0	0
Total Long-Term Debt	214 000	837 000	1 036 000	24 000
Creditors	2 452 000	2 691 000	3 018 000	2 960 000
Unpaid Taxes	912 000	687 000	798 000	593 000
Dividends	0	0	0	0
Other Current Debt	4 457 000	3 228 000	520 000	262 000
Total Current Debt	10 098 000	7 298 000	7 686 000	5 944 000
Total Equity and Debt	17 858 000	14 872 000	12 847 000	8 383 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,73 %	38,76 %	41,43 %	26,61 %
Debt-to-Equity Ratio	0,03	0,12	0,25	0,01
Operating Profit Margin	3,45 %	8,23 %	3,32 %	2,6 %
Current Ratio	1,44	1,63	1,32	1,25
Quick Ratio	2,58	3,21	2,27	2,44
Equity Ratio	0,42	0,45	0,32	0,29
Gross Profit Margin	20,63 %	24,09 %	19,43 %	20,59 %