REIDAR SKAGSETH AS

9024 TOMASJORD

Finances

Share Ownership

Return on Equity

18,6 %

Current Ratio

2,43

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 631 000	83 716 000	67 774 000	57 875 000
Net Income	4 188 000	6 268 000	4 041 000	−1 866 000
Total Assets	41 571 000	38 258 000	28 976 000	21 435 000
Total Equity	22 511 000	20 324 000	15 850 000	11 810 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 631 000	83 716 000	67 774 000	57 875 000
Expenditure	91 496 000	75 758 000	62 656 000	60 346 000
Operating Profit	5 133 000	7 957 000	5 117 000	−2 469 000
Financial Income	274 000	85 000	81 000	86 000
Financial Costs	35 000	5 000	11 000	2 000
Financial Balance	239 000	80 000	70 000	84 000
Earnings Before Tax	5 372 000	8 037 000	5 187 000	−2 385 000
Tax	1 185 000	1 769 000	1 146 000	−519 000
Net Income	4 188 000	6 268 000	4 041 000	−1 866 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	444 000	468 000	374 000	550 000
Total Current Assets	41 127 000	37 790 000	28 602 000	20 885 000
Total Assets	41 571 000	38 258 000	28 976 000	21 435 000
Total Retained Equity	21 404 000	19 217 000	14 744 000	10 703 000
Total Equity	22 511 000	20 324 000	15 850 000	11 810 000
Total Long-Term Debt	2 105 000	2 104 000	1 368 000	92 000
Total Current Debt	16 955 000	15 830 000	11 758 000	9 533 000
Total Equity and Debt	41 571 000	38 258 000	28 976 000	21 435 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	97 375 000	83 716 000	68 721 000	55 835 000
Other Income	−744 000	0	−948 000	2 041 000
Revenue	96 631 000	83 716 000	67 774 000	57 875 000
Cost of Goods Sold	56 002 000	38 915 000	31 740 000	33 800 000
Salary Costs	30 484 000	31 093 000	25 762 000	21 086 000
Depreciation	138 000	136 000	166 000	160 000
Impairment	0	0	0	0
Expenditure	91 496 000	75 758 000	62 656 000	60 346 000
Operating Profit	5 133 000	7 957 000	5 117 000	−2 469 000
Financial Income	274 000	85 000	81 000	86 000
Financial Costs	35 000	5 000	11 000	2 000
Financial Balance	239 000	80 000	70 000	84 000
Dividends	2 000 000	1 500 000	0	0
Net Income	4 188 000	6 268 000	4 041 000	−1 866 000

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	444 000	468 000	362 000	528 000
Total Tangible Assets	444 000	468 000	362 000	528 000
Total Fiancial Fixed Assets	0	0	12 000	22 000
Total Fixed Assets	444 000	468 000	374 000	550 000
Stock	209 000	296 000	270 000	253 000
Total Investments	0	0	0	0
Cash, Bank	18 648 000	22 620 000	13 052 000	5 395 000
Total Current Assets	41 127 000	37 790 000	28 602 000	20 885 000
Total Assets	41 571 000	38 258 000	28 976 000	21 435 000
Total Equity	22 511 000	20 324 000	15 850 000	11 810 000
Short-Term Group Debt	378 000	378 000	0	0
Total Long-Term Debt	2 105 000	2 104 000	1 368 000	92 000
Creditors	5 248 000	2 324 000	3 728 000	3 368 000
Unpaid Taxes	3 947 000	3 643 000	3 360 000	2 555 000
Dividends	2 000 000	1 500 000	0	0
Other Current Debt	6 198 000	7 036 000	4 670 000	3 272 000
Total Current Debt	16 955 000	15 830 000	11 758 000	9 533 000
Total Equity and Debt	41 571 000	38 258 000	28 976 000	21 435 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,6 %	30,84 %	25,5 %	−15,8 %
Debt-to-Equity Ratio	0,09	0,1	0,09	0,01
Operating Profit Margin	5,31 %	9,5 %	7,55 %	−4,27 %
Current Ratio	2,43	2,39	2,43	2,19
Quick Ratio	2,46	2,43	2,49	2,25
Equity Ratio	0,54	0,53	0,55	0,55
Gross Profit Margin	42,05 %	53,52 %	53,17 %	41,6 %