SKAGEN 40 AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

44,16 %

Current Ratio

2,44

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 490 000	944 000	1 058 000	1 380 000
Net Income	1 188 000	394 000	458 000	488 000
Total Assets	3 112 000	4 884 000	4 984 000	4 975 000
Total Equity	2 690 000	4 702 000	4 308 000	4 350 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 490 000	944 000	1 058 000	1 380 000
Expenditure	968 000	440 000	471 000	754 000
Operating Profit	1 522 000	504 000	587 000	625 000
Financial Income	0	1 000	1 000	0
Financial Costs	−1 000	0	0	0
Financial Balance	1 000	1 000	1 000	0
Earnings Before Tax	1 523 000	505 000	588 000	625 000
Tax	335 000	111 000	129 000	138 000
Net Income	1 188 000	394 000	458 000	488 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 719 000	4 370 000	4 447 000	4 524 000
Total Current Assets	393 000	514 000	537 000	450 000
Total Assets	3 112 000	4 884 000	4 984 000	4 975 000
Total Retained Equity	2 490 000	4 502 000	4 108 000	4 150 000
Total Equity	2 690 000	4 702 000	4 308 000	4 350 000
Total Long-Term Debt	260 000	52 000	54 000	55 000
Total Current Debt	161 000	131 000	622 000	570 000
Total Equity and Debt	3 112 000	4 884 000	4 984 000	4 975 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 288 000	0	0	0
Other Income	1 203 000	944 000	1 058 000	1 380 000
Revenue	2 490 000	944 000	1 058 000	1 380 000
Cost of Goods Sold	0	0	0	0
Salary Costs	171 000	128 000	100 000	114 000
Depreciation	77 000	77 000	77 000	77 000
Impairment	0	0	0	0
Expenditure	968 000	440 000	471 000	754 000
Operating Profit	1 522 000	504 000	587 000	625 000
Financial Income	0	1 000	1 000	0
Financial Costs	−1 000	0	0	0
Financial Balance	1 000	1 000	1 000	0
Dividends	3 200 000	0	500 000	400 000
Net Income	1 188 000	394 000	458 000	488 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 719 000	4 370 000	4 447 000	4 524 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 719 000	4 370 000	4 447 000	4 524 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 719 000	4 370 000	4 447 000	4 524 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	272 000	514 000	516 000	450 000
Total Current Assets	393 000	514 000	537 000	450 000
Total Assets	3 112 000	4 884 000	4 984 000	4 975 000
Total Equity	2 690 000	4 702 000	4 308 000	4 350 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	260 000	52 000	54 000	55 000
Creditors	34 000	17 000	4 000	35 000
Unpaid Taxes	0	0	−12 000	0
Dividends	3 200 000	0	500 000	400 000
Other Current Debt	1 000	0	0	0
Total Current Debt	161 000	131 000	622 000	570 000
Total Equity and Debt	3 112 000	4 884 000	4 984 000	4 975 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,16 %	8,38 %	10,63 %	11,22 %
Debt-to-Equity Ratio	0,1	0,01	0,01	0,01
Operating Profit Margin	61,12 %	53,39 %	55,48 %	45,29 %
Current Ratio	2,44	3,92	0,86	0,79
Quick Ratio	2,44	3,92	0,86	0,79
Equity Ratio	0,86	0,96	0,86	0,87
Gross Profit Margin	100 %	100 %	100 %	100 %