SKAVNES AS

6390 VESTNES

Finances

Share Ownership

Return on Equity

26,96 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 719 000	4 193 000	3 006 000	3 537 000
Net Income	182 000	73 000	−1 000	−41 000
Total Assets	1 991 000	1 616 000	1 102 000	1 545 000
Total Equity	675 000	493 000	420 000	421 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 719 000	4 193 000	3 006 000	3 537 000
Expenditure	4 466 000	4 078 000	2 932 000	3 572 000
Operating Profit	254 000	114 000	74 000	−35 000
Financial Income	6 000	5 000	0	4 000
Financial Costs	3 000	11 000	25 000	23 000
Financial Balance	3 000	−6 000	−25 000	−19 000
Earnings Before Tax	256 000	108 000	48 000	−53 000
Tax	74 000	35 000	49 000	−12 000
Net Income	182 000	73 000	−1 000	−41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	321 000	479 000	537 000	603 000
Total Current Assets	1 670 000	1 137 000	566 000	941 000
Total Assets	1 991 000	1 616 000	1 102 000	1 545 000
Total Retained Equity	645 000	463 000	390 000	391 000
Total Equity	675 000	493 000	420 000	421 000
Total Long-Term Debt	3 000	35 000	182 000	281 000
Total Current Debt	1 313 000	1 089 000	501 000	843 000
Total Equity and Debt	1 991 000	1 616 000	1 102 000	1 545 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 719 000	4 193 000	3 006 000	3 537 000
Other Income	0	0	0	0
Revenue	4 719 000	4 193 000	3 006 000	3 537 000
Cost of Goods Sold	2 486 000	2 246 000	1 426 000	2 199 000
Salary Costs	1 011 000	1 034 000	682 000	851 000
Depreciation	177 000	168 000	162 000	143 000
Impairment	0	0	0	0
Expenditure	4 466 000	4 078 000	2 932 000	3 572 000
Operating Profit	254 000	114 000	74 000	−35 000
Financial Income	6 000	5 000	0	4 000
Financial Costs	3 000	11 000	25 000	23 000
Financial Balance	3 000	−6 000	−25 000	−19 000
Dividends	0	0	0	0
Net Income	182 000	73 000	−1 000	−41 000

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	136 000	106 000	144 000	181 000
Fixtures	185 000	373 000	393 000	422 000
Total Tangible Assets	321 000	479 000	537 000	603 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	321 000	479 000	537 000	603 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	662 000	372 000	258 000	86 000
Total Current Assets	1 670 000	1 137 000	566 000	941 000
Total Assets	1 991 000	1 616 000	1 102 000	1 545 000
Total Equity	675 000	493 000	420 000	421 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	35 000	182 000	281 000
Creditors	988 000	713 000	229 000	603 000
Unpaid Taxes	159 000	245 000	141 000	161 000
Dividends	0	0	0	0
Other Current Debt	92 000	95 000	64 000	79 000
Total Current Debt	1 313 000	1 089 000	501 000	843 000
Total Equity and Debt	1 991 000	1 616 000	1 102 000	1 545 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,96 %	14,81 %	−0,24 %	−9,74 %
Debt-to-Equity Ratio	0	0,07	0,43	0,67
Operating Profit Margin	5,38 %	2,72 %	2,46 %	−0,99 %
Current Ratio	1,27	1,04	1,13	1,12
Quick Ratio	1,27	1,04	1,13	1,12
Equity Ratio	0,34	0,31	0,38	0,27
Gross Profit Margin	47,32 %	46,43 %	52,56 %	37,83 %