SKAGEN EIENDOMSFORVALTNING AS

4051 SOLA

Finances

Return on Equity

28,98 %

Current Ratio

2,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 191 000	33 944 000	28 663 000	27 966 000
Net Income	3 581 000	3 034 000	3 503 000	2 978 000
Total Assets	18 479 000	20 130 000	22 022 000	15 315 000
Total Equity	12 357 000	8 776 000	5 743 000	4 239 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 191 000	33 944 000	28 663 000	27 966 000
Expenditure	32 253 000	31 030 000	26 688 000	26 034 000
Operating Profit	1 938 000	2 913 000	1 974 000	1 932 000
Financial Income	2 123 000	790 000	2 016 000	1 519 000
Financial Costs	35 000	26 000	53 000	56 000
Financial Balance	2 088 000	764 000	1 963 000	1 463 000
Earnings Before Tax	4 026 000	3 678 000	3 937 000	3 396 000
Tax	445 000	644 000	434 000	418 000
Net Income	3 581 000	3 034 000	3 503 000	2 978 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 928 000	3 123 000	3 256 000	1 985 000
Total Current Assets	16 551 000	17 007 000	18 766 000	13 330 000
Total Assets	18 479 000	20 130 000	22 022 000	15 315 000
Total Retained Equity	4 875 000	2 094 000	1 120 000	1 120 000
Total Equity	12 357 000	8 776 000	5 743 000	4 239 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 122 000	11 354 000	16 280 000	11 076 000
Total Equity and Debt	18 479 000	20 130 000	22 022 000	15 315 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 191 000	33 944 000	28 500 000	27 966 000
Other Income	0	0	164 000	0
Revenue	34 191 000	33 944 000	28 663 000	27 966 000
Cost of Goods Sold	7 104 000	7 205 000	4 288 000	3 031 000
Salary Costs	20 294 000	19 363 000	17 834 000	17 861 000
Depreciation	705 000	648 000	368 000	1 176 000
Impairment	0	0	150 000	0
Expenditure	32 253 000	31 030 000	26 688 000	26 034 000
Operating Profit	1 938 000	2 913 000	1 974 000	1 932 000
Financial Income	2 123 000	790 000	2 016 000	1 519 000
Financial Costs	35 000	26 000	53 000	56 000
Financial Balance	2 088 000	764 000	1 963 000	1 463 000
Dividends	0	0	0	0
Net Income	3 581 000	3 034 000	3 503 000	2 978 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	276 000	947 000	1 010 000	406 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 422 000	1 976 000	2 046 000	1 379 000
Total Tangible Assets	1 422 000	1 976 000	2 046 000	1 379 000
Total Fiancial Fixed Assets	230 000	200 000	200 000	200 000
Total Fixed Assets	1 928 000	3 123 000	3 256 000	1 985 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 177 000	2 858 000	4 836 000	1 285 000
Total Current Assets	16 551 000	17 007 000	18 766 000	13 330 000
Total Assets	18 479 000	20 130 000	22 022 000	15 315 000
Total Equity	12 357 000	8 776 000	5 743 000	4 239 000
Short-Term Group Debt	849 000	2 641 000	6 715 000	2 381 000
Total Long-Term Debt	0	0	0	0
Creditors	1 554 000	1 187 000	1 859 000	957 000
Unpaid Taxes	2 044 000	2 711 000	2 538 000	2 312 000
Dividends	0	0	0	0
Other Current Debt	1 676 000	4 815 000	5 168 000	4 601 000
Total Current Debt	6 122 000	11 354 000	16 280 000	11 076 000
Total Equity and Debt	18 479 000	20 130 000	22 022 000	15 315 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,98 %	34,57 %	61 %	70,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,67 %	8,58 %	6,89 %	6,91 %
Current Ratio	2,7	1,5	1,15	1,2
Quick Ratio	2,7	1,5	1,15	1,2
Equity Ratio	0,67	0,44	0,26	0,28
Gross Profit Margin	79,22 %	78,77 %	85,04 %	89,16 %