SVEIN ARNE VATNEHOL AS

6016 ÅLESUND

Finances

Share Ownership

Return on Equity

43 %

Current Ratio

2,3

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 034 000	5 410 000	3 658 000	10 271 000
Net Income	731 000	411 000	814 000	1 357 000
Total Assets	3 331 000	2 848 000	2 465 000	3 121 000
Total Equity	1 700 000	1 061 000	1 484 000	706 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 034 000	5 410 000	3 658 000	10 271 000
Expenditure	6 081 000	4 880 000	2 621 000	8 540 000
Operating Profit	953 000	529 000	1 038 000	1 730 000
Financial Income	11 000	0	6 000	9 000
Financial Costs	14 000	14 000	1 000	0
Financial Balance	−3 000	−14 000	5 000	9 000
Earnings Before Tax	950 000	516 000	1 043 000	1 739 000
Tax	219 000	104 000	229 000	383 000
Net Income	731 000	411 000	814 000	1 357 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	479 000	629 000	0	43 000
Total Current Assets	2 852 000	2 219 000	2 465 000	3 078 000
Total Assets	3 331 000	2 848 000	2 465 000	3 121 000
Total Retained Equity	1 600 000	961 000	1 384 000	606 000
Total Equity	1 700 000	1 061 000	1 484 000	706 000
Total Long-Term Debt	392 000	452 000	0	0
Total Current Debt	1 238 000	1 335 000	981 000	2 415 000
Total Equity and Debt	3 331 000	2 848 000	2 465 000	3 121 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 975 000	5 331 000	3 658 000	10 271 000
Other Income	59 000	78 000	0	0
Revenue	7 034 000	5 410 000	3 658 000	10 271 000
Cost of Goods Sold	5 517 000	4 509 000	2 655 000	8 327 000
Salary Costs	246 000	81 000	61 000	61 000
Depreciation	154 000	141 000	0	0
Impairment	0	0	0	0
Expenditure	6 081 000	4 880 000	2 621 000	8 540 000
Operating Profit	953 000	529 000	1 038 000	1 730 000
Financial Income	11 000	0	6 000	9 000
Financial Costs	14 000	14 000	1 000	0
Financial Balance	−3 000	−14 000	5 000	9 000
Dividends	0	800 000	0	1 000 000
Net Income	731 000	411 000	814 000	1 357 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	0	0	43 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	475 000	629 000	0	0
Total Tangible Assets	475 000	629 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	479 000	629 000	0	43 000
Stock	398 000	44 000	127 000	116 000
Total Investments	0	0	0	0
Cash, Bank	2 031 000	761 000	1 289 000	1 244 000
Total Current Assets	2 852 000	2 219 000	2 465 000	3 078 000
Total Assets	3 331 000	2 848 000	2 465 000	3 121 000
Total Equity	1 700 000	1 061 000	1 484 000	706 000
Short-Term Group Debt	0	800 000	0	1 000 000
Total Long-Term Debt	392 000	452 000	0	0
Creditors	731 000	179 000	462 000	723 000
Unpaid Taxes	149 000	37 000	161 000	203 000
Dividends	0	800 000	0	1 000 000
Other Current Debt	168 000	227 000	183 000	136 000
Total Current Debt	1 238 000	1 335 000	981 000	2 415 000
Total Equity and Debt	3 331 000	2 848 000	2 465 000	3 121 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43 %	38,74 %	54,85 %	192,21 %
Debt-to-Equity Ratio	0,23	0,43	0	0
Operating Profit Margin	13,55 %	9,78 %	28,38 %	16,84 %
Current Ratio	2,3	1,66	2,51	1,27
Quick Ratio	3,4	1,72	2,89	1,34
Equity Ratio	0,51	0,37	0,6	0,23
Gross Profit Margin	21,57 %	16,65 %	27,42 %	18,93 %