SKULSTAD AS

5073 BERGEN

Finances

Return on Equity

−2,92 %

Current Ratio

11,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 806 000	1 764 000	1 402 000	1 297 000
Net Income	−104 000	1 240 000	454 000	452 000
Total Assets	3 883 000	4 100 000	3 091 000	3 129 000
Total Equity	3 566 000	3 670 000	2 429 000	1 975 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 806 000	1 764 000	1 402 000	1 297 000
Expenditure	1 229 000	189 000	213 000	175 000
Operating Profit	577 000	1 575 000	1 188 000	1 122 000
Financial Income	−541 000	15 000	275 000	714 000
Financial Costs	16 000	0	754 000	1 139 000
Financial Balance	−557 000	15 000	−479 000	−425 000
Earnings Before Tax	20 000	1 590 000	709 000	697 000
Tax	124 000	349 000	255 000	245 000
Net Income	−104 000	1 240 000	454 000	452 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	262 000	253 000	0	3 000
Total Current Assets	3 621 000	3 847 000	3 091 000	3 127 000
Total Assets	3 883 000	4 100 000	3 091 000	3 129 000
Total Retained Equity	3 536 000	3 640 000	2 399 000	1 945 000
Total Equity	3 566 000	3 670 000	2 429 000	1 975 000
Total Long-Term Debt	0	1 000	1 000	0
Total Current Debt	317 000	430 000	661 000	1 154 000
Total Equity and Debt	3 883 000	4 100 000	3 091 000	3 129 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 806 000	1 764 000	1 402 000	1 297 000
Other Income	0	0	0	0
Revenue	1 806 000	1 764 000	1 402 000	1 297 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 035 000	26 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 229 000	189 000	213 000	175 000
Operating Profit	577 000	1 575 000	1 188 000	1 122 000
Financial Income	−541 000	15 000	275 000	714 000
Financial Costs	16 000	0	754 000	1 139 000
Financial Balance	−557 000	15 000	−479 000	−425 000
Dividends	0	0	0	0
Net Income	−104 000	1 240 000	454 000	452 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	262 000	253 000	0	3 000
Total Fixed Assets	262 000	253 000	0	3 000
Stock	0	0	0	0
Total Investments	2 177 000	2 562 000	2 280 000	2 480 000
Cash, Bank	1 320 000	1 106 000	686 000	505 000
Total Current Assets	3 621 000	3 847 000	3 091 000	3 127 000
Total Assets	3 883 000	4 100 000	3 091 000	3 129 000
Total Equity	3 566 000	3 670 000	2 429 000	1 975 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	1 000	0
Creditors	8 000	0	3 000	0
Unpaid Taxes	69 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	116 000	81 000	403 000	909 000
Total Current Debt	317 000	430 000	661 000	1 154 000
Total Equity and Debt	3 883 000	4 100 000	3 091 000	3 129 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,92 %	33,79 %	18,69 %	22,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31,95 %	89,29 %	84,74 %	86,51 %
Current Ratio	11,42	8,95	4,68	2,71
Quick Ratio	11,42	8,95	4,68	2,71
Equity Ratio	0,92	0,9	0,79	0,63
Gross Profit Margin	100 %	100 %	100 %	100 %