SKIEN LIVE AS

3714 SKIEN

Finances

Share Ownership

Return on Equity

1 215,38 %

Current Ratio

0,94

Debt-to-Equity Ratio

−12,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 793 000	1 662 000	1 046 000	1 610 000
Net Income	−158 000	−162 000	189 000	−30 000
Total Assets	427 000	567 000	623 000	378 000
Total Equity	−13 000	145 000	306 000	117 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 793 000	1 662 000	1 046 000	1 610 000
Expenditure	2 941 000	1 812 000	818 000	1 639 000
Operating Profit	−148 000	−150 000	228 000	−29 000
Financial Income	0	0	0	0
Financial Costs	10 000	12 000	1 000	1 000
Financial Balance	−10 000	−12 000	−1 000	−1 000
Earnings Before Tax	−158 000	−162 000	228 000	−30 000
Tax	0	0	38 000	0
Net Income	−158 000	−162 000	189 000	−30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	161 000	204 000	0	0
Total Current Assets	265 000	363 000	623 000	378 000
Total Assets	427 000	567 000	623 000	378 000
Total Retained Equity	−63 000	95 000	256 000	67 000
Total Equity	−13 000	145 000	306 000	117 000
Total Long-Term Debt	158 000	188 000	0	0
Total Current Debt	282 000	235 000	316 000	261 000
Total Equity and Debt	427 000	567 000	623 000	378 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 940 000	1 019 000	619 000	1 246 000
Other Income	853 000	644 000	427 000	364 000
Revenue	2 793 000	1 662 000	1 046 000	1 610 000
Cost of Goods Sold	1 739 000	884 000	200 000	705 000
Salary Costs	440 000	412 000	149 000	110 000
Depreciation	42 000	8 000	0	0
Impairment	0	0	0	0
Expenditure	2 941 000	1 812 000	818 000	1 639 000
Operating Profit	−148 000	−150 000	228 000	−29 000
Financial Income	0	0	0	0
Financial Costs	10 000	12 000	1 000	1 000
Financial Balance	−10 000	−12 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−158 000	−162 000	189 000	−30 000

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	161 000	204 000	0	0
Total Tangible Assets	161 000	204 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	161 000	204 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	181 000	109 000	547 000	127 000
Total Current Assets	265 000	363 000	623 000	378 000
Total Assets	427 000	567 000	623 000	378 000
Total Equity	−13 000	145 000	306 000	117 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	158 000	188 000	0	0
Creditors	59 000	63 000	67 000	47 000
Unpaid Taxes	176 000	89 000	151 000	133 000
Dividends	0	0	0	0
Other Current Debt	48 000	82 000	61 000	81 000
Total Current Debt	282 000	235 000	316 000	261 000
Total Equity and Debt	427 000	567 000	623 000	378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 215,38 %	−111,72 %	61,76 %	−25,64 %
Debt-to-Equity Ratio	−12,15	1,3	0	0
Operating Profit Margin	−5,3 %	−9,03 %	21,8 %	−1,8 %
Current Ratio	0,94	1,54	1,97	1,45
Quick Ratio	0,94	1,54	1,97	1,45
Equity Ratio	−0,03	0,26	0,49	0,31
Gross Profit Margin	37,74 %	46,81 %	80,88 %	56,21 %