SCHULSTADSVEEN AS

2413 ELVERUM

Finances

Share Ownership

Return on Equity

47,42 %

Current Ratio

1,9

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 245 000	5 727 000	4 722 000	7 517 000
Net Income	1 160 000	553 000	391 000	722 000
Total Assets	5 279 000	3 692 000	3 619 000	2 743 000
Total Equity	2 446 000	2 066 000	1 813 000	1 422 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 245 000	5 727 000	4 722 000	7 517 000
Expenditure	8 748 000	5 013 000	4 217 000	6 551 000
Operating Profit	1 496 000	713 000	505 000	966 000
Financial Income	19 000	14 000	5 000	11 000
Financial Costs	28 000	18 000	8 000	51 000
Financial Balance	−9 000	−4 000	−3 000	−40 000
Earnings Before Tax	1 487 000	708 000	502 000	926 000
Tax	327 000	156 000	111 000	204 000
Net Income	1 160 000	553 000	391 000	722 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	252 000	520 000	606 000	786 000
Total Current Assets	5 027 000	3 173 000	3 013 000	1 956 000
Total Assets	5 279 000	3 692 000	3 619 000	2 743 000
Total Retained Equity	2 196 000	1 816 000	1 563 000	1 172 000
Total Equity	2 446 000	2 066 000	1 813 000	1 422 000
Total Long-Term Debt	188 000	423 000	497 000	616 000
Total Current Debt	2 645 000	1 204 000	1 309 000	705 000
Total Equity and Debt	5 279 000	3 692 000	3 619 000	2 743 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 722 000	5 639 000	4 722 000	7 348 000
Other Income	523 000	88 000	0	169 000
Revenue	10 245 000	5 727 000	4 722 000	7 517 000
Cost of Goods Sold	7 312 000	3 651 000	2 585 000	4 957 000
Salary Costs	777 000	764 000	700 000	564 000
Depreciation	59 000	86 000	99 000	137 000
Impairment	0	0	0	0
Expenditure	8 748 000	5 013 000	4 217 000	6 551 000
Operating Profit	1 496 000	713 000	505 000	966 000
Financial Income	19 000	14 000	5 000	11 000
Financial Costs	28 000	18 000	8 000	51 000
Financial Balance	−9 000	−4 000	−3 000	−40 000
Dividends	0	300 000	0	0
Net Income	1 160 000	553 000	391 000	722 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	208 000	243 000	277 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	23 000	47 000	64 000	91 000
Fixtures	228 000	264 000	300 000	325 000
Total Tangible Assets	252 000	311 000	363 000	416 000
Total Fiancial Fixed Assets	0	0	0	93 000
Total Fixed Assets	252 000	520 000	606 000	786 000
Stock	1 132 000	800 000	771 000	756 000
Total Investments	0	0	0	0
Cash, Bank	2 982 000	1 570 000	1 135 000	328 000
Total Current Assets	5 027 000	3 173 000	3 013 000	1 956 000
Total Assets	5 279 000	3 692 000	3 619 000	2 743 000
Total Equity	2 446 000	2 066 000	1 813 000	1 422 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	188 000	423 000	497 000	616 000
Creditors	1 024 000	223 000	863 000	199 000
Unpaid Taxes	492 000	441 000	248 000	94 000
Dividends	0	300 000	0	0
Other Current Debt	107 000	99 000	88 000	200 000
Total Current Debt	2 645 000	1 204 000	1 309 000	705 000
Total Equity and Debt	5 279 000	3 692 000	3 619 000	2 743 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,42 %	26,77 %	21,57 %	50,77 %
Debt-to-Equity Ratio	0,08	0,2	0,27	0,43
Operating Profit Margin	14,6 %	12,45 %	10,69 %	12,85 %
Current Ratio	1,9	2,64	2,3	2,77
Quick Ratio	3,32	7,85	5,6	−38,35
Equity Ratio	0,46	0,56	0,5	0,52
Gross Profit Margin	28,63 %	36,25 %	45,26 %	34,06 %