SKIEN ELEKTRO AS

3746 SKIEN

Finances

Return on Equity

37,61 %

Current Ratio

0,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	112 000
Net Income	510 000	192 000	439 000	890 000
Total Assets	1 876 000	1 886 000	1 957 000	2 021 000
Total Equity	1 356 000	1 196 000	1 354 000	915 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	112 000
Expenditure	10 000	8 000	10 000	121 000
Operating Profit	−10 000	−8 000	−10 000	−9 000
Financial Income	520 000	200 000	450 000	900 000
Financial Costs	0	0	0	0
Financial Balance	520 000	200 000	450 000	900 000
Earnings Before Tax	510 000	192 000	440 000	891 000
Tax	0	0	1 000	2 000
Net Income	510 000	192 000	439 000	890 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 870 000	1 870 000	1 950 000	500 000
Total Current Assets	6 000	16 000	7 000	1 521 000
Total Assets	1 876 000	1 886 000	1 957 000	2 021 000
Total Retained Equity	1 326 000	1 166 000	1 324 000	885 000
Total Equity	1 356 000	1 196 000	1 354 000	915 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	520 000	690 000	603 000	1 106 000
Total Equity and Debt	1 876 000	1 886 000	1 957 000	2 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	112 000
Other Income	0	0	0	0
Revenue	0	0	0	112 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 000	8 000	10 000	121 000
Operating Profit	−10 000	−8 000	−10 000	−9 000
Financial Income	520 000	200 000	450 000	900 000
Financial Costs	0	0	0	0
Financial Balance	520 000	200 000	450 000	900 000
Dividends	500 000	350 000	0	0
Net Income	510 000	192 000	439 000	890 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 870 000	1 870 000	1 950 000	500 000
Total Fixed Assets	1 870 000	1 870 000	1 950 000	500 000
Stock	0	0	0	0
Total Investments	0	0	0	1 500 000
Cash, Bank	6 000	16 000	6 000	19 000
Total Current Assets	6 000	16 000	7 000	1 521 000
Total Assets	1 876 000	1 886 000	1 957 000	2 021 000
Total Equity	1 356 000	1 196 000	1 354 000	915 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	0	1 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	500 000	350 000	0	0
Other Current Debt	518 000	690 000	600 000	1 100 000
Total Current Debt	520 000	690 000	603 000	1 106 000
Total Equity and Debt	1 876 000	1 886 000	1 957 000	2 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,61 %	16,05 %	32,42 %	97,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	−8,04 %
Current Ratio	0,01	0,02	0,01	1,38
Quick Ratio	0,01	0,02	0,01	1,38
Equity Ratio	0,72	0,63	0,69	0,45
Gross Profit Margin	-	-	-	100 %