SKJØRTEN MASSEMOTTAK AS

1890 RAKKESTAD

Finances

Share Ownership

Return on Equity

−10,5 %

Current Ratio

10,21

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 213 000	21 759 000	32 707 000
Net Income	−386 000	−1 977 000	2 673 000	3 260 000
Total Assets	5 087 000	9 515 000	21 136 000	17 488 000
Total Equity	3 676 000	4 062 000	6 039 000	3 366 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 213 000	21 759 000	32 707 000
Expenditure	434 000	1 653 000	18 100 000	27 351 000
Operating Profit	−433 000	−439 000	3 659 000	5 356 000
Financial Income	47 000	38 000	76 000	51 000
Financial Costs	0	292 000	304 000	1 228 000
Financial Balance	47 000	−254 000	−228 000	−1 177 000
Earnings Before Tax	−386 000	−694 000	3 431 000	4 179 000
Tax	0	1 283 000	757 000	919 000
Net Income	−386 000	−1 977 000	2 673 000	3 260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	1 283 000	1 474 000
Total Current Assets	5 087 000	9 515 000	19 852 000	16 013 000
Total Assets	5 087 000	9 515 000	21 136 000	17 488 000
Total Retained Equity	1 401 000	1 787 000	3 764 000	1 091 000
Total Equity	3 676 000	4 062 000	6 039 000	3 366 000
Total Long-Term Debt	913 000	4 021 000	4 709 000	5 535 000
Total Current Debt	498 000	1 431 000	10 387 000	8 587 000
Total Equity and Debt	5 087 000	9 515 000	21 136 000	17 488 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 476 000	21 546 000	32 657 000
Other Income	0	−263 000	213 000	50 000
Revenue	0	1 213 000	21 759 000	32 707 000
Cost of Goods Sold	203 000	1 110 000	16 517 000	15 435 000
Salary Costs	0	0	0	2 000
Depreciation	0	0	195 000	389 000
Impairment	0	0	0	0
Expenditure	434 000	1 653 000	18 100 000	27 351 000
Operating Profit	−433 000	−439 000	3 659 000	5 356 000
Financial Income	47 000	38 000	76 000	51 000
Financial Costs	0	292 000	304 000	1 228 000
Financial Balance	47 000	−254 000	−228 000	−1 177 000
Dividends	0	0	0	0
Net Income	−386 000	−1 977 000	2 673 000	3 260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	195 000
Total Intangible Assets	0	0	1 283 000	1 474 000
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	0	0	0	0
Total Fixed Assets	0	0	1 283 000	1 474 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 062 000	9 435 000	19 077 000	7 717 000
Total Current Assets	5 087 000	9 515 000	19 852 000	16 013 000
Total Assets	5 087 000	9 515 000	21 136 000	17 488 000
Total Equity	3 676 000	4 062 000	6 039 000	3 366 000
Short-Term Group Debt	0	292 000	292 000	0
Total Long-Term Debt	913 000	4 021 000	4 709 000	5 535 000
Creditors	115 000	364 000	1 033 000	2 261 000
Unpaid Taxes	0	0	0	779 000
Dividends	0	0	0	0
Other Current Debt	383 000	775 000	8 301 000	3 959 000
Total Current Debt	498 000	1 431 000	10 387 000	8 587 000
Total Equity and Debt	5 087 000	9 515 000	21 136 000	17 488 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,5 %	−48,67 %	44,26 %	96,85 %
Debt-to-Equity Ratio	0,25	0,99	0,78	1,64
Operating Profit Margin	-	−36,19 %	16,82 %	16,38 %
Current Ratio	10,21	6,65	1,91	1,86
Quick Ratio	10,21	6,65	1,91	1,86
Equity Ratio	0,72	0,43	0,29	0,19
Gross Profit Margin	-	8,49 %	24,09 %	52,81 %