SKINTONIC SVOLVÆR AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

31,6 %

Current Ratio

3,03

Debt-to-Equity Ratio

2,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 357 000	4 429 000	3 916 000	3 060 000
Net Income	85 000	468 000	365 000	80 000
Total Assets	1 574 000	1 835 000	1 521 000	759 000
Total Equity	269 000	185 000	524 000	159 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 357 000	4 429 000	3 916 000	3 060 000
Expenditure	3 186 000	3 807 000	3 418 000	2 930 000
Operating Profit	171 000	623 000	499 000	128 000
Financial Income	0	0	0	0
Financial Costs	63 000	23 000	31 000	26 000
Financial Balance	−63 000	−23 000	−31 000	−26 000
Earnings Before Tax	108 000	600 000	468 000	103 000
Tax	24 000	132 000	103 000	23 000
Net Income	85 000	468 000	365 000	80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	51 000	29 000	35 000
Total Current Assets	1 536 000	1 784 000	1 491 000	724 000
Total Assets	1 574 000	1 835 000	1 521 000	759 000
Total Retained Equity	219 000	135 000	474 000	129 000
Total Equity	269 000	185 000	524 000	159 000
Total Long-Term Debt	797 000	223 000	299 000	370 000
Total Current Debt	507 000	1 427 000	697 000	230 000
Total Equity and Debt	1 574 000	1 835 000	1 521 000	759 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 357 000	4 429 000	3 911 000	3 060 000
Other Income	0	0	6 000	0
Revenue	3 357 000	4 429 000	3 916 000	3 060 000
Cost of Goods Sold	1 835 000	2 473 000	2 077 000	1 727 000
Salary Costs	632 000	634 000	666 000	634 000
Depreciation	12 000	9 000	6 000	1 000
Impairment	0	0	0	0
Expenditure	3 186 000	3 807 000	3 418 000	2 930 000
Operating Profit	171 000	623 000	499 000	128 000
Financial Income	0	0	0	0
Financial Costs	63 000	23 000	31 000	26 000
Financial Balance	−63 000	−23 000	−31 000	−26 000
Dividends	0	757 000	0	0
Net Income	85 000	468 000	365 000	80 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	5 000	7 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	33 000	46 000	22 000	28 000
Total Tangible Assets	33 000	46 000	22 000	28 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	38 000	51 000	29 000	35 000
Stock	1 042 000	1 460 000	945 000	523 000
Total Investments	0	0	0	0
Cash, Bank	472 000	299 000	529 000	79 000
Total Current Assets	1 536 000	1 784 000	1 491 000	724 000
Total Assets	1 574 000	1 835 000	1 521 000	759 000
Total Equity	269 000	185 000	524 000	159 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	797 000	223 000	299 000	370 000
Creditors	172 000	132 000	289 000	37 000
Unpaid Taxes	165 000	171 000	176 000	91 000
Dividends	0	757 000	0	0
Other Current Debt	147 000	237 000	129 000	81 000
Total Current Debt	507 000	1 427 000	697 000	230 000
Total Equity and Debt	1 574 000	1 835 000	1 521 000	759 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,6 %	252,97 %	69,66 %	50,31 %
Debt-to-Equity Ratio	2,96	1,21	0,57	2,33
Operating Profit Margin	5,09 %	14,07 %	12,74 %	4,18 %
Current Ratio	3,03	1,25	2,14	3,15
Quick Ratio	−2,87	−54,06	−6,01	−2,47
Equity Ratio	0,17	0,1	0,34	0,21
Gross Profit Margin	45,34 %	44,16 %	46,96 %	43,56 %