SKARNES AUTOCENTER AS

2100 SKARNES

Finances

Share Ownership

Return on Equity

1 278,5 %

Current Ratio

1,19

Debt-to-Equity Ratio

2,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 734 000	13 648 000	13 317 000	14 086 000
Net Income	1 368 000	781 000	991 000	1 036 000
Total Assets	2 146 000	3 505 000	3 528 000	3 677 000
Total Equity	107 000	331 000	364 000	392 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 734 000	13 648 000	13 317 000	14 086 000
Expenditure	−17 000	12 635 000	12 041 000	12 759 000
Operating Profit	1 751 000	1 014 000	1 276 000	1 327 000
Financial Income	4 000	1 000	5 000	14 000
Financial Costs	0	14 000	11 000	12 000
Financial Balance	4 000	−13 000	−6 000	2 000
Earnings Before Tax	1 754 000	1 002 000	1 270 000	1 329 000
Tax	386 000	220 000	279 000	293 000
Net Income	1 368 000	781 000	991 000	1 036 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	156 000	260 000	329 000
Total Current Assets	2 146 000	3 349 000	3 268 000	3 348 000
Total Assets	2 146 000	3 505 000	3 528 000	3 677 000
Total Retained Equity	7 000	231 000	264 000	292 000
Total Equity	107 000	331 000	364 000	392 000
Total Long-Term Debt	239 000	0	0	0
Total Current Debt	1 800 000	3 174 000	3 163 000	3 284 000
Total Equity and Debt	2 146 000	3 505 000	3 528 000	3 677 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	172 000	12 904 000	12 615 000	13 282 000
Other Income	1 562 000	744 000	702 000	803 000
Revenue	1 734 000	13 648 000	13 317 000	14 086 000
Cost of Goods Sold	−36 000	6 101 000	6 268 000	6 369 000
Salary Costs	−88 000	3 052 000	2 713 000	3 020 000
Depreciation	29 000	114 000	128 000	125 000
Impairment	0	0	0	5 000
Expenditure	−17 000	12 635 000	12 041 000	12 759 000
Operating Profit	1 751 000	1 014 000	1 276 000	1 327 000
Financial Income	4 000	1 000	5 000	14 000
Financial Costs	0	14 000	11 000	12 000
Financial Balance	4 000	−13 000	−6 000	2 000
Dividends	0	0	0	0
Net Income	1 368 000	781 000	991 000	1 036 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	36 000	27 000	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	119 000	233 000	310 000
Total Tangible Assets	0	119 000	233 000	310 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	156 000	260 000	329 000
Stock	0	751 000	684 000	677 000
Total Investments	0	0	0	0
Cash, Bank	158 000	2 265 000	2 203 000	2 109 000
Total Current Assets	2 146 000	3 349 000	3 268 000	3 348 000
Total Assets	2 146 000	3 505 000	3 528 000	3 677 000
Total Equity	107 000	331 000	364 000	392 000
Short-Term Group Debt	1 702 000	1 044 000	1 306 000	1 362 000
Total Long-Term Debt	239 000	0	0	0
Creditors	0	1 045 000	863 000	958 000
Unpaid Taxes	0	242 000	282 000	238 000
Dividends	0	0	0	0
Other Current Debt	97 000	843 000	712 000	726 000
Total Current Debt	1 800 000	3 174 000	3 163 000	3 284 000
Total Equity and Debt	2 146 000	3 505 000	3 528 000	3 677 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 278,5 %	235,95 %	272,25 %	264,29 %
Debt-to-Equity Ratio	2,23	0	0	0
Operating Profit Margin	100,98 %	7,43 %	9,58 %	9,42 %
Current Ratio	1,19	1,06	1,03	1,02
Quick Ratio	1,19	1,38	1,32	1,28
Equity Ratio	0,05	0,09	0,1	0,11
Gross Profit Margin	102,08 %	55,3 %	52,93 %	54,78 %