SKAGET KVITANESET AS

5550 SVEIO

Finances

Share Ownership

Return on Equity

26,75 %

Current Ratio

13,09

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 172 000	2 829 000	400 000	500 000
Net Income	793 000	1 253 000	128 000	271 000
Total Assets	4 083 000	6 697 000	6 161 000	4 890 000
Total Equity	2 964 000	4 871 000	3 618 000	3 490 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 172 000	2 829 000	400 000	500 000
Expenditure	2 163 000	1 218 000	230 000	138 000
Operating Profit	1 010 000	1 611 000	170 000	362 000
Financial Income	11 000	0	0	0
Financial Costs	3 000	5 000	6 000	15 000
Financial Balance	8 000	−5 000	−6 000	−15 000
Earnings Before Tax	1 018 000	1 607 000	164 000	347 000
Tax	225 000	354 000	36 000	76 000
Net Income	793 000	1 253 000	128 000	271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 083 000	6 697 000	6 161 000	4 890 000
Total Assets	4 083 000	6 697 000	6 161 000	4 890 000
Total Retained Equity	2 220 000	1 427 000	174 000	46 000
Total Equity	2 964 000	4 871 000	3 618 000	3 490 000
Total Long-Term Debt	807 000	712 000	513 000	513 000
Total Current Debt	312 000	1 114 000	2 030 000	887 000
Total Equity and Debt	4 083 000	6 697 000	6 161 000	4 890 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 172 000	2 829 000	400 000	500 000
Other Income	0	0	0	0
Revenue	3 172 000	2 829 000	400 000	500 000
Cost of Goods Sold	1 947 000	1 167 000	198 000	138 000
Salary Costs	32 000	10 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 163 000	1 218 000	230 000	138 000
Operating Profit	1 010 000	1 611 000	170 000	362 000
Financial Income	11 000	0	0	0
Financial Costs	3 000	5 000	6 000	15 000
Financial Balance	8 000	−5 000	−6 000	−15 000
Dividends	0	0	0	0
Net Income	793 000	1 253 000	128 000	271 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	3 758 000	5 776 000	5 746 000	4 819 000
Total Investments	0	0	0	0
Cash, Bank	15 000	513 000	239 000	50 000
Total Current Assets	4 083 000	6 697 000	6 161 000	4 890 000
Total Assets	4 083 000	6 697 000	6 161 000	4 890 000
Total Equity	2 964 000	4 871 000	3 618 000	3 490 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	807 000	712 000	513 000	513 000
Creditors	37 000	43 000	456 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	49 000	717 000	1 537 000	876 000
Total Current Debt	312 000	1 114 000	2 030 000	887 000
Total Equity and Debt	4 083 000	6 697 000	6 161 000	4 890 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,75 %	25,72 %	3,54 %	7,77 %
Debt-to-Equity Ratio	0,27	0,15	0,14	0,15
Operating Profit Margin	31,84 %	56,95 %	42,5 %	72,4 %
Current Ratio	13,09	6,01	3,03	5,51
Quick Ratio	−1,18	−1,44	−1,66	−1,24
Equity Ratio	0,73	0,73	0,59	0,71
Gross Profit Margin	38,62 %	58,75 %	50,5 %	72,4 %