SKAGEN INVEST AS

8800 SANDNESSJØEN

Finances

Return on Equity

−2,05 %

Current Ratio

3,4

Debt-to-Equity Ratio

2,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 000	2 000	3 000	0
Net Income	−12 000	−31 000	−4 000	267 000
Total Assets	2 118 000	1 499 000	1 020 000	924 000
Total Equity	586 000	597 000	628 000	632 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 000	2 000	3 000	0
Expenditure	6 000	9 000	7 000	8 000
Operating Profit	−5 000	−8 000	−4 000	−8 000
Financial Income	36 000	23 000	38 000	277 000
Financial Costs	−36 000	56 000	42 000	4 000
Financial Balance	72 000	−33 000	−4 000	273 000
Earnings Before Tax	−5 000	−41 000	−8 000	265 000
Tax	6 000	−11 000	−4 000	−2 000
Net Income	−12 000	−31 000	−4 000	267 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 965 000	1 384 000	876 000	877 000
Total Current Assets	153 000	115 000	144 000	47 000
Total Assets	2 118 000	1 499 000	1 020 000	924 000
Total Retained Equity	216 000	227 000	258 000	262 000
Total Equity	586 000	597 000	628 000	632 000
Total Long-Term Debt	1 488 000	792 000	360 000	168 000
Total Current Debt	45 000	110 000	32 000	124 000
Total Equity and Debt	2 118 000	1 499 000	1 020 000	924 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000	2 000	3 000	0
Other Income	0	0	0	0
Revenue	1 000	2 000	3 000	0
Cost of Goods Sold	1 000	1 000	1 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 000	9 000	7 000	8 000
Operating Profit	−5 000	−8 000	−4 000	−8 000
Financial Income	36 000	23 000	38 000	277 000
Financial Costs	−36 000	56 000	42 000	4 000
Financial Balance	72 000	−33 000	−4 000	273 000
Dividends	0	0	0	0
Net Income	−12 000	−31 000	−4 000	267 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	26 000	15 000	11 000
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	1 945 000	1 358 000	860 000	865 000
Total Fixed Assets	1 965 000	1 384 000	876 000	877 000
Stock	0	0	0	0
Total Investments	27 000	95 000	114 000	18 000
Cash, Bank	125 000	16 000	15 000	1 000
Total Current Assets	153 000	115 000	144 000	47 000
Total Assets	2 118 000	1 499 000	1 020 000	924 000
Total Equity	586 000	597 000	628 000	632 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 488 000	792 000	360 000	168 000
Creditors	0	4 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	45 000	69 000	3 000	124 000
Total Current Debt	45 000	110 000	32 000	124 000
Total Equity and Debt	2 118 000	1 499 000	1 020 000	924 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,05 %	−5,19 %	−0,64 %	42,25 %
Debt-to-Equity Ratio	2,54	1,33	0,57	0,27
Operating Profit Margin	−500 %	−400 %	−133,33 %	-
Current Ratio	3,4	1,05	4,5	0,38
Quick Ratio	3,4	1,05	4,5	0,38
Equity Ratio	0,28	0,4	0,62	0,68
Gross Profit Margin	0 %	50 %	66,67 %	-