SEVERN NORGE AS

0988 OSLO

Finances

Share Ownership

Return on Equity

13,04 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 632 000	12 996 000	18 258 000	17 101 000
Net Income	15 000	719 000	716 000	1 531 000
Total Assets	7 007 000	10 000 000	9 942 000	9 000 000
Total Equity	115 000	100 000	100 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 632 000	12 996 000	18 258 000	17 101 000
Expenditure	8 343 000	11 956 000	16 905 000	14 993 000
Operating Profit	290 000	1 040 000	1 352 000	2 108 000
Financial Income	182 000	432 000	543 000	229 000
Financial Costs	451 000	548 000	977 000	371 000
Financial Balance	−269 000	−116 000	−434 000	−142 000
Earnings Before Tax	21 000	924 000	919 000	1 966 000
Tax	6 000	205 000	203 000	435 000
Net Income	15 000	719 000	716 000	1 531 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	132 000	0	0	0
Total Current Assets	6 875 000	10 000 000	9 942 000	9 000 000
Total Assets	7 007 000	10 000 000	9 942 000	9 000 000
Total Retained Equity	15 000	0	0	0
Total Equity	115 000	100 000	100 000	100 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 892 000	9 900 000	9 842 000	8 900 000
Total Equity and Debt	7 007 000	10 000 000	9 942 000	9 000 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 632 000	12 996 000	18 258 000	17 101 000
Other Income	0	0	0	0
Revenue	8 632 000	12 996 000	18 258 000	17 101 000
Cost of Goods Sold	7 183 000	10 389 000	15 018 000	12 410 000
Salary Costs	0	0	0	485 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 343 000	11 956 000	16 905 000	14 993 000
Operating Profit	290 000	1 040 000	1 352 000	2 108 000
Financial Income	182 000	432 000	543 000	229 000
Financial Costs	451 000	548 000	977 000	371 000
Financial Balance	−269 000	−116 000	−434 000	−142 000
Dividends	0	0	0	0
Net Income	15 000	719 000	716 000	1 531 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	132 000	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	0	0	0	0
Total Fixed Assets	132 000	0	0	0
Stock	186 000	735 000	693 000	567 000
Total Investments	0	0	0	0
Cash, Bank	35 000	35 000	35 000	3 359 000
Total Current Assets	6 875 000	10 000 000	9 942 000	9 000 000
Total Assets	7 007 000	10 000 000	9 942 000	9 000 000
Total Equity	115 000	100 000	100 000	100 000
Short-Term Group Debt	1 294 000	1 807 000	2 232 000	2 195 000
Total Long-Term Debt	0	0	0	0
Creditors	902 000	707 000	1 321 000	1 278 000
Unpaid Taxes	0	0	0	6 000
Dividends	0	0	0	0
Other Current Debt	4 508 000	7 333 000	6 238 000	5 166 000
Total Current Debt	6 892 000	9 900 000	9 842 000	8 900 000
Total Equity and Debt	7 007 000	10 000 000	9 942 000	9 000 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,04 %	719 %	716 %	1 531 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,36 %	8 %	7,4 %	12,33 %
Current Ratio	1	1,01	1,01	1,01
Quick Ratio	1,03	1,09	1,09	1,08
Equity Ratio	0,02	0,01	0,01	0,01
Gross Profit Margin	16,79 %	20,06 %	17,75 %	27,43 %