SKARSVÅG INVEST AS

7263 HAMARVIK

Finances

Return on Equity

−26,57 %

Current Ratio

0,04

Debt-to-Equity Ratio

3,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	237 000	967 000	540 000	585 000
Net Income	−178 000	447 000	−31 000	147 000
Total Assets	5 268 000	5 583 000	3 592 000	3 714 000
Total Equity	670 000	848 000	400 000	431 000

Income (NOK)	2022	2021	2020	2019
Revenue	237 000	967 000	540 000	585 000
Expenditure	320 000	318 000	460 000	278 000
Operating Profit	−83 000	649 000	80 000	306 000
Financial Income	1 000	0	1 000	3 000
Financial Costs	143 000	107 000	108 000	110 000
Financial Balance	−142 000	−107 000	−107 000	−107 000
Earnings Before Tax	−226 000	542 000	−28 000	199 000
Tax	−49 000	95 000	3 000	52 000
Net Income	−178 000	447 000	−31 000	147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 186 000	5 342 000	3 321 000	3 322 000
Total Current Assets	82 000	242 000	272 000	392 000
Total Assets	5 268 000	5 583 000	3 592 000	3 714 000
Total Retained Equity	640 000	818 000	370 000	401 000
Total Equity	670 000	848 000	400 000	431 000
Total Long-Term Debt	2 523 000	2 573 000	2 943 000	3 021 000
Total Current Debt	2 075 000	2 162 000	250 000	262 000
Total Equity and Debt	5 268 000	5 583 000	3 592 000	3 714 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	237 000	949 000	0	585 000
Other Income	0	18 000	540 000	0
Revenue	237 000	967 000	540 000	585 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	204 000	200 000	177 000	175 000
Impairment	0	0	0	0
Expenditure	320 000	318 000	460 000	278 000
Operating Profit	−83 000	649 000	80 000	306 000
Financial Income	1 000	0	1 000	3 000
Financial Costs	143 000	107 000	108 000	110 000
Financial Balance	−142 000	−107 000	−107 000	−107 000
Dividends	0	0	0	0
Net Income	−178 000	447 000	−31 000	147 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	84 000	36 000	0	0
Real Eastate	2 404 000	2 549 000	2 695 000	2 658 000
Machinery and Plant Facilities	124 000	183 000	0	174 000
Fixtures	0	0	136 000	0
Total Tangible Assets	2 528 000	2 732 000	2 831 000	2 832 000
Total Fiancial Fixed Assets	2 573 000	2 573 000	490 000	490 000
Total Fixed Assets	5 186 000	5 342 000	3 321 000	3 322 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	156 000	221 000	392 000
Total Current Assets	82 000	242 000	272 000	392 000
Total Assets	5 268 000	5 583 000	3 592 000	3 714 000
Total Equity	670 000	848 000	400 000	431 000
Short-Term Group Debt	944 000	594 000	0	0
Total Long-Term Debt	2 523 000	2 573 000	2 943 000	3 021 000
Creditors	8 000	0	70 000	14 000
Unpaid Taxes	39 000	191 000	7 000	18 000
Dividends	0	0	0	0
Other Current Debt	1 085 000	1 248 000	170 000	178 000
Total Current Debt	2 075 000	2 162 000	250 000	262 000
Total Equity and Debt	5 268 000	5 583 000	3 592 000	3 714 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,57 %	52,71 %	−7,75 %	34,11 %
Debt-to-Equity Ratio	3,77	3,03	7,36	7,01
Operating Profit Margin	−35,02 %	67,11 %	14,81 %	52,31 %
Current Ratio	0,04	0,11	1,09	1,5
Quick Ratio	0,04	0,11	1,09	1,5
Equity Ratio	0,13	0,15	0,11	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %