SKAGERRAK NAVIGATION AS

4514 MANDAL

Finances

Share Ownership

Return on Equity

71,45 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 340 000	6 931 000	6 841 000	6 697 000
Net Income	1 274 000	576 000	550 000	515 000
Total Assets	3 205 000	2 414 000	2 853 000	3 159 000
Total Equity	1 783 000	508 000	557 000	1 415 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 340 000	6 931 000	6 841 000	6 697 000
Expenditure	5 709 000	6 191 000	6 129 000	6 003 000
Operating Profit	1 630 000	740 000	713 000	694 000
Financial Income	3 000	3 000	4 000	4 000
Financial Costs	3 000	3 000	2 000	2 000
Financial Balance	0	0	2 000	2 000
Earnings Before Tax	1 631 000	740 000	715 000	696 000
Tax	356 000	164 000	165 000	181 000
Net Income	1 274 000	576 000	550 000	515 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	409 000	406 000	548 000	719 000
Total Current Assets	2 796 000	2 008 000	2 305 000	2 440 000
Total Assets	3 205 000	2 414 000	2 853 000	3 159 000
Total Retained Equity	1 278 000	3 000	52 000	910 000
Total Equity	1 783 000	508 000	557 000	1 415 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 422 000	1 906 000	2 296 000	1 745 000
Total Equity and Debt	3 205 000	2 414 000	2 853 000	3 159 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 056 000	6 926 000	6 841 000	6 697 000
Other Income	283 000	5 000	0	0
Revenue	7 340 000	6 931 000	6 841 000	6 697 000
Cost of Goods Sold	85 000	0	1 000	3 000
Salary Costs	3 743 000	4 160 000	4 712 000	3 946 000
Depreciation	104 000	109 000	138 000	254 000
Impairment	0	0	0	0
Expenditure	5 709 000	6 191 000	6 129 000	6 003 000
Operating Profit	1 630 000	740 000	713 000	694 000
Financial Income	3 000	3 000	4 000	4 000
Financial Costs	3 000	3 000	2 000	2 000
Financial Balance	0	0	2 000	2 000
Dividends	0	625 000	1 408 000	0
Net Income	1 274 000	576 000	550 000	515 000

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	89 000	0	4 000	11 000
Total Tangible Assets	409 000	400 000	509 000	647 000
Total Fiancial Fixed Assets	0	6 000	39 000	72 000
Total Fixed Assets	409 000	406 000	548 000	719 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 758 000	1 595 000	1 135 000	1 963 000
Total Current Assets	2 796 000	2 008 000	2 305 000	2 440 000
Total Assets	3 205 000	2 414 000	2 853 000	3 159 000
Total Equity	1 783 000	508 000	557 000	1 415 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	212 000	109 000	85 000	194 000
Unpaid Taxes	418 000	513 000	1 029 000	888 000
Dividends	0	625 000	1 408 000	0
Other Current Debt	437 000	544 000	516 000	480 000
Total Current Debt	1 422 000	1 906 000	2 296 000	1 745 000
Total Equity and Debt	3 205 000	2 414 000	2 853 000	3 159 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,45 %	113,39 %	98,74 %	36,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22,21 %	10,68 %	10,42 %	10,36 %
Current Ratio	1,97	1,05	1	1,4
Quick Ratio	1,97	1,05	1	1,4
Equity Ratio	0,56	0,21	0,2	0,45
Gross Profit Margin	98,84 %	100 %	99,99 %	99,96 %