SKIPSMODELLER AS

4374 EGERSUND

Finances

Return on Equity

−37,91 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	615 000	404 000	174 000	147 000
Net Income	−608 000	−1 000	−479 000	−377 000
Total Assets	1 976 000	2 454 000	2 404 000	2 735 000
Total Equity	1 604 000	2 212 000	2 213 000	2 692 000

Income (NOK)	2021	2020	2019	2018
Revenue	615 000	404 000	174 000	147 000
Expenditure	934 000	421 000	805 000	655 000
Operating Profit	−318 000	−17 000	−631 000	−508 000
Financial Income	24 000	27 000	28 000	30 000
Financial Costs	7 000	11 000	11 000	1 000
Financial Balance	17 000	16 000	17 000	29 000
Earnings Before Tax	−301 000	−1 000	−614 000	−479 000
Tax	307 000	0	−135 000	−102 000
Net Income	−608 000	−1 000	−479 000	−377 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 613 000	2 064 000	2 211 000	2 224 000
Total Current Assets	363 000	391 000	193 000	511 000
Total Assets	1 976 000	2 454 000	2 404 000	2 735 000
Total Retained Equity	1 274 000	1 882 000	1 883 000	2 362 000
Total Equity	1 604 000	2 212 000	2 213 000	2 692 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	371 000	243 000	191 000	43 000
Total Equity and Debt	1 976 000	2 454 000	2 404 000	2 735 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	615 000	404 000	174 000	147 000
Other Income	0	0	0	0
Revenue	615 000	404 000	174 000	147 000
Cost of Goods Sold	336 000	6 000	196 000	216 000
Salary Costs	143 000	0	68 000	70 000
Depreciation	44 000	47 000	47 000	47 000
Impairment	0	0	0	0
Expenditure	934 000	421 000	805 000	655 000
Operating Profit	−318 000	−17 000	−631 000	−508 000
Financial Income	24 000	27 000	28 000	30 000
Financial Costs	7 000	11 000	11 000	1 000
Financial Balance	17 000	16 000	17 000	29 000
Dividends	0	0	0	0
Net Income	−608 000	−1 000	−479 000	−377 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	300 000	607 000	607 000	472 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	57 000	105 000	152 000
Total Tangible Assets	13 000	57 000	105 000	152 000
Total Fiancial Fixed Assets	1 300 000	1 400 000	1 500 000	1 600 000
Total Fixed Assets	1 613 000	2 064 000	2 211 000	2 224 000
Stock	315 000	326 000	143 000	250 000
Total Investments	0	0	0	0
Cash, Bank	36 000	30 000	25 000	12 000
Total Current Assets	363 000	391 000	193 000	511 000
Total Assets	1 976 000	2 454 000	2 404 000	2 735 000
Total Equity	1 604 000	2 212 000	2 213 000	2 692 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	71 000	113 000	171 000	27 000
Unpaid Taxes	39 000	6 000	0	2 000
Dividends	0	0	0	0
Other Current Debt	262 000	123 000	20 000	13 000
Total Current Debt	371 000	243 000	191 000	43 000
Total Equity and Debt	1 976 000	2 454 000	2 404 000	2 735 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−37,91 %	−0,05 %	−21,64 %	−14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−51,71 %	−4,21 %	−362,64 %	−345,58 %
Current Ratio	0,98	1,61	1,01	11,88
Quick Ratio	6,48	−4,71	4,02	−2,47
Equity Ratio	0,81	0,9	0,92	0,98
Gross Profit Margin	45,37 %	98,51 %	−12,64 %	−46,94 %