SKARVENESVEIEN 6 AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

13,81 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 362 000	3 322 000	1 680 000	3 297 000
Net Income	1 821 000	1 697 000	512 000	1 789 000
Total Assets	19 180 000	19 125 000	19 333 000	19 403 000
Total Equity	13 185 000	12 924 000	12 727 000	14 184 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 362 000	3 322 000	1 680 000	3 297 000
Expenditure	978 000	1 033 000	919 000	873 000
Operating Profit	2 384 000	2 289 000	761 000	2 425 000
Financial Income	99 000	18 000	12 000	27 000
Financial Costs	149 000	131 000	117 000	158 000
Financial Balance	−50 000	−113 000	−105 000	−131 000
Earnings Before Tax	2 335 000	2 176 000	656 000	2 294 000
Tax	514 000	479 000	144 000	505 000
Net Income	1 821 000	1 697 000	512 000	1 789 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 318 000	16 900 000	17 498 000	18 016 000
Total Current Assets	2 862 000	2 226 000	1 835 000	1 387 000
Total Assets	19 180 000	19 125 000	19 333 000	19 403 000
Total Retained Equity	12 868 000	12 608 000	12 410 000	13 867 000
Total Equity	13 185 000	12 924 000	12 727 000	14 184 000
Total Long-Term Debt	3 735 000	4 083 000	4 421 000	4 480 000
Total Current Debt	2 259 000	2 118 000	2 184 000	739 000
Total Equity and Debt	19 180 000	19 125 000	19 333 000	19 403 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	275 000	235 000	229 000	210 000
Other Income	3 087 000	3 087 000	1 451 000	3 087 000
Revenue	3 362 000	3 322 000	1 680 000	3 297 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	600 000	598 000	590 000	588 000
Impairment	0	0	0	0
Expenditure	978 000	1 033 000	919 000	873 000
Operating Profit	2 384 000	2 289 000	761 000	2 425 000
Financial Income	99 000	18 000	12 000	27 000
Financial Costs	149 000	131 000	117 000	158 000
Financial Balance	−50 000	−113 000	−105 000	−131 000
Dividends	0	1 500 000	1 500 000	0
Net Income	1 821 000	1 697 000	512 000	1 789 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 228 000	16 819 000	17 410 000	17 964 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	90 000	81 000	88 000	52 000
Total Tangible Assets	16 318 000	16 900 000	17 498 000	18 016 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 318 000	16 900 000	17 498 000	18 016 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	457 000	584 000	1 835 000	1 316 000
Total Current Assets	2 862 000	2 226 000	1 835 000	1 387 000
Total Assets	19 180 000	19 125 000	19 333 000	19 403 000
Total Equity	13 185 000	12 924 000	12 727 000	14 184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 735 000	4 083 000	4 421 000	4 480 000
Creditors	40 000	2 000	9 000	75 000
Unpaid Taxes	119 000	118 000	25 000	124 000
Dividends	0	1 500 000	1 500 000	0
Other Current Debt	2 000 000	1 500 000	2 130 000	32 000
Total Current Debt	2 259 000	2 118 000	2 184 000	739 000
Total Equity and Debt	19 180 000	19 125 000	19 333 000	19 403 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,81 %	13,13 %	4,02 %	12,61 %
Debt-to-Equity Ratio	0,28	0,32	0,35	0,32
Operating Profit Margin	70,91 %	68,9 %	45,3 %	73,55 %
Current Ratio	1,27	1,05	0,84	1,88
Quick Ratio	1,27	1,05	0,84	1,88
Equity Ratio	0,69	0,68	0,66	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %