SKF NORGE AS

0484 OSLO

Finances

Share Ownership

Return on Equity

42,52 %

Current Ratio

1,55

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	199 199 000	192 041 000	190 050 000	201 983 000
Net Income	8 774 000	5 217 000	4 194 000	8 703 000
Total Assets	58 002 000	54 988 000	58 284 000	52 680 000
Total Equity	20 636 000	11 721 000	11 504 000	17 311 000

Income (NOK)	2022	2021	2020	2019
Revenue	199 199 000	192 041 000	190 050 000	201 983 000
Expenditure	188 530 000	183 498 000	186 273 000	190 513 000
Operating Profit	10 703 000	8 543 000	3 777 000	11 470 000
Financial Income	1 299 000	−132 000	5 090 000	2 584 000
Financial Costs	831 000	1 718 000	3 458 000	2 896 000
Financial Balance	468 000	−1 850 000	1 632 000	−312 000
Earnings Before Tax	11 170 000	6 693 000	5 410 000	11 157 000
Tax	2 395 000	1 476 000	1 216 000	2 455 000
Net Income	8 774 000	5 217 000	4 194 000	8 703 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	285 000	195 000	212 000	207 000
Total Current Assets	57 717 000	54 792 000	58 072 000	52 472 000
Total Assets	58 002 000	54 988 000	58 284 000	52 680 000
Total Retained Equity	15 636 000	6 721 000	6 504 000	12 311 000
Total Equity	20 636 000	11 721 000	11 504 000	17 311 000
Total Long-Term Debt	115 000	313 000	313 000	313 000
Total Current Debt	37 252 000	42 953 000	46 466 000	35 056 000
Total Equity and Debt	58 002 000	54 988 000	58 284 000	52 680 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	197 173 000	191 273 000	190 050 000	201 983 000
Other Income	2 026 000	768 000	0	0
Revenue	199 199 000	192 041 000	190 050 000	201 983 000
Cost of Goods Sold	137 612 000	143 828 000	141 920 000	144 938 000
Salary Costs	30 214 000	26 052 000	28 403 000	28 372 000
Depreciation	7 000	0	0	97 000
Impairment	0	0	0	0
Expenditure	188 530 000	183 498 000	186 273 000	190 513 000
Operating Profit	10 703 000	8 543 000	3 777 000	11 470 000
Financial Income	1 299 000	−132 000	5 090 000	2 584 000
Financial Costs	831 000	1 718 000	3 458 000	2 896 000
Financial Balance	468 000	−1 850 000	1 632 000	−312 000
Dividends	0	5 000 000	10 000 000	0
Net Income	8 774 000	5 217 000	4 194 000	8 703 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	226 000	130 000	212 000	207 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	59 000	66 000	0	0
Total Tangible Assets	59 000	66 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	285 000	195 000	212 000	207 000
Stock	2 075 000	2 043 000	2 239 000	953 000
Total Investments	0	0	0	0
Cash, Bank	2 724 000	1 279 000	1 367 000	1 175 000
Total Current Assets	57 717 000	54 792 000	58 072 000	52 472 000
Total Assets	58 002 000	54 988 000	58 284 000	52 680 000
Total Equity	20 636 000	11 721 000	11 504 000	17 311 000
Short-Term Group Debt	11 711 000	15 741 000	11 224 000	10 715 000
Total Long-Term Debt	115 000	313 000	313 000	313 000
Creditors	1 536 000	798 000	3 185 000	2 104 000
Unpaid Taxes	10 117 000	10 450 000	8 804 000	9 391 000
Dividends	0	5 000 000	10 000 000	0
Other Current Debt	11 356 000	9 570 000	12 033 000	10 284 000
Total Current Debt	37 252 000	42 953 000	46 466 000	35 056 000
Total Equity and Debt	58 002 000	54 988 000	58 284 000	52 680 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,52 %	44,51 %	36,46 %	50,27 %
Debt-to-Equity Ratio	0,01	0,03	0,03	0,02
Operating Profit Margin	5,37 %	4,45 %	1,99 %	5,68 %
Current Ratio	1,55	1,28	1,25	1,5
Quick Ratio	1,64	1,34	1,31	1,54
Equity Ratio	0,36	0,21	0,2	0,33
Gross Profit Margin	30,92 %	25,11 %	25,32 %	28,24 %