SVAVIK HOLDING AS

3179 ÅSGÅRDSTRAND

Finances

Return on Equity

−24,54 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	416 000	1 298 000	355 000	360 000
Net Income	−295 000	432 000	788 000	−216 000
Total Assets	1 951 000	2 554 000	3 007 000	2 421 000
Total Equity	1 202 000	1 496 000	1 065 000	776 000

Income (NOK)	2022	2021	2020	2019
Revenue	416 000	1 298 000	355 000	360 000
Expenditure	615 000	1 832 000	520 000	532 000
Operating Profit	−199 000	−534 000	−165 000	−173 000
Financial Income	119 000	1 025 000	1 176 000	356 000
Financial Costs	254 000	0	0	357 000
Financial Balance	−135 000	1 025 000	1 176 000	−1 000
Earnings Before Tax	−334 000	491 000	1 011 000	−175 000
Tax	−39 000	59 000	222 000	41 000
Net Income	−295 000	432 000	788 000	−216 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 190 000	1 434 000	1 535 000	1 821 000
Total Current Assets	761 000	1 120 000	1 472 000	600 000
Total Assets	1 951 000	2 554 000	3 007 000	2 421 000
Total Retained Equity	917 000	1 211 000	780 000	491 000
Total Equity	1 202 000	1 496 000	1 065 000	776 000
Total Long-Term Debt	38 000	77 000	93 000	116 000
Total Current Debt	711 000	981 000	1 849 000	1 529 000
Total Equity and Debt	1 951 000	2 554 000	3 007 000	2 421 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	416 000	1 298 000	355 000	360 000
Other Income	0	0	0	0
Revenue	416 000	1 298 000	355 000	360 000
Cost of Goods Sold	353 000	1 296 000	0	0
Salary Costs	118 000	247 000	151 000	100 000
Depreciation	44 000	28 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	615 000	1 832 000	520 000	532 000
Operating Profit	−199 000	−534 000	−165 000	−173 000
Financial Income	119 000	1 025 000	1 176 000	356 000
Financial Costs	254 000	0	0	357 000
Financial Balance	−135 000	1 025 000	1 176 000	−1 000
Dividends	0	0	500 000	0
Net Income	−295 000	432 000	788 000	−216 000

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	146 000	190 000	22 000	0
Total Tangible Assets	146 000	190 000	22 000	0
Total Fiancial Fixed Assets	1 044 000	1 244 000	1 513 000	1 821 000
Total Fixed Assets	1 190 000	1 434 000	1 535 000	1 821 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	120 000	107 000	46 000	108 000
Total Current Assets	761 000	1 120 000	1 472 000	600 000
Total Assets	1 951 000	2 554 000	3 007 000	2 421 000
Total Equity	1 202 000	1 496 000	1 065 000	776 000
Short-Term Group Debt	551 000	691 000	995 000	1 427 000
Total Long-Term Debt	38 000	77 000	93 000	116 000
Creditors	23 000	74 000	32 000	59 000
Unpaid Taxes	33 000	33 000	23 000	25 000
Dividends	0	0	500 000	0
Other Current Debt	104 000	148 000	0	10 000
Total Current Debt	711 000	981 000	1 849 000	1 529 000
Total Equity and Debt	1 951 000	2 554 000	3 007 000	2 421 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,54 %	28,88 %	73,99 %	−27,84 %
Debt-to-Equity Ratio	0,03	0,05	0,09	0,15
Operating Profit Margin	−47,84 %	−41,14 %	−46,48 %	−48,06 %
Current Ratio	1,07	1,14	0,8	0,39
Quick Ratio	1,07	1,14	0,8	0,39
Equity Ratio	0,62	0,59	0,35	0,32
Gross Profit Margin	15,14 %	0,15 %	100 %	100 %