SKAGERAK-ENTREPRISE EIENDOM AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

144,27 %

Current Ratio

0,09

Debt-to-Equity Ratio

−3,81

Key figures (NOK)	2017	2016	2015	2014
Revenue	15 278 000	14 089 000	14 716 000	9 118 000
Net Income	−9 923 000	−3 644 000	156 000	798 000
Total Assets	29 979 000	27 722 000	37 302 000	32 233 000
Total Equity	−6 878 000	3 045 000	4 988 000	4 832 000

Income (NOK)	2017	2016	2015	2014
Revenue	15 278 000	14 089 000	14 716 000	9 118 000
Expenditure	23 874 000	16 882 000	13 330 000	6 770 000
Operating Profit	−8 596 000	−2 794 000	1 386 000	2 348 000
Financial Income	1 000	85 000	0	1 000
Financial Costs	1 329 000	983 000	1 178 000	1 256 000
Financial Balance	−1 328 000	−898 000	−1 178 000	−1 255 000
Earnings Before Tax	−9 923 000	−3 692 000	209 000	1 093 000
Tax	0	−48 000	53 000	295 000
Net Income	−9 923 000	−3 644 000	156 000	798 000

Balance (NOK)	2017	2016	2015	2014
Total Fixed Assets	29 046 000	18 155 000	30 673 000	28 067 000
Total Current Assets	933 000	9 567 000	6 628 000	4 166 000
Total Assets	29 979 000	27 722 000	37 302 000	32 233 000
Total Retained Equity	−12 619 000	−2 696 000	948 000	792 000
Total Equity	−6 878 000	3 045 000	4 988 000	4 832 000
Total Long-Term Debt	26 237 000	16 762 000	22 552 000	21 413 000
Total Current Debt	10 621 000	7 915 000	9 762 000	5 989 000
Total Equity and Debt	29 979 000	27 722 000	37 302 000	32 233 000

Cash flow (NOK)	2017	2016	2015	2014
Sales Income	14 328 000	11 658 000	12 376 000	7 024 000
Other Income	950 000	2 431 000	2 340 000	2 093 000
Revenue	15 278 000	14 089 000	14 716 000	9 118 000
Cost of Goods Sold	9 737 000	9 954 000	8 589 000	3 683 000
Salary Costs	1 679 000	394 000	336 000	−6 000
Depreciation	672 000	610 000	378 000	50 000
Impairment	0	0	0	0
Expenditure	23 874 000	16 882 000	13 330 000	6 770 000
Operating Profit	−8 596 000	−2 794 000	1 386 000	2 348 000
Financial Income	1 000	85 000	0	1 000
Financial Costs	1 329 000	983 000	1 178 000	1 256 000
Financial Balance	−1 328 000	−898 000	−1 178 000	−1 255 000
Dividends	0	0	0	0
Net Income	−9 923 000	−3 644 000	156 000	798 000

Balance details (NOK)	2017	2016	2015	2014
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
Real Eastate	22 571 000	15 650 000	27 067 000	26 847 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 214 000	2 074 000	2 684 000	322 000
Total Tangible Assets	24 785 000	17 723 000	29 750 000	27 169 000
Total Fiancial Fixed Assets	4 261 000	432 000	923 000	893 000
Total Fixed Assets	29 046 000	18 155 000	30 673 000	28 067 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	83 000	40 000	1 095 000	16 000
Total Current Assets	933 000	9 567 000	6 628 000	4 166 000
Total Assets	29 979 000	27 722 000	37 302 000	32 233 000
Total Equity	−6 878 000	3 045 000	4 988 000	4 832 000
Short-Term Group Debt	6 306 000	6 258 000	2 651 000	0
Total Long-Term Debt	26 237 000	16 762 000	22 552 000	21 413 000
Creditors	3 409 000	1 032 000	2 866 000	956 000
Unpaid Taxes	68 000	107 000	358 000	334 000
Dividends	0	0	0	0
Other Current Debt	837 000	385 000	3 655 000	4 417 000
Total Current Debt	10 621 000	7 915 000	9 762 000	5 989 000
Total Equity and Debt	29 979 000	27 722 000	37 302 000	32 233 000

Financial indicators	2017	2016	2015	2014
Return on Equity	144,27 %	−119,67 %	3,13 %	16,51 %
Debt-to-Equity Ratio	−3,81	5,5	4,52	4,43
Operating Profit Margin	−56,26 %	−19,83 %	9,42 %	25,75 %
Current Ratio	0,09	1,21	0,68	0,7
Quick Ratio	0,09	1,21	0,68	0,7
Equity Ratio	−0,23	0,11	0,13	0,15
Gross Profit Margin	36,27 %	29,35 %	41,63 %	59,61 %