SKÅTUN VVS AS

5641 FUSA

Finances

Return on Equity

181,98 %

Current Ratio

0,99

Debt-to-Equity Ratio

1,2

Key figures (NOK)	2021	2020	2019	2018
Revenue	26 040 000	14 405 000	16 282 000	3 595 000
Net Income	1 616 000	525 000	1 952 000	378 000
Total Assets	7 762 000	5 456 000	4 940 000	2 345 000
Total Equity	888 000	871 000	1 517 000	383 000

Income (NOK)	2021	2020	2019	2018
Revenue	26 040 000	14 405 000	16 282 000	3 595 000
Expenditure	23 865 000	13 619 000	14 024 000	4 685 000
Operating Profit	2 176 000	785 000	2 258 000	−1 090 000
Financial Income	11 000	5 000	2 000	1 493 000
Financial Costs	107 000	116 000	75 000	26 000
Financial Balance	−96 000	−111 000	−73 000	1 467 000
Earnings Before Tax	2 080 000	674 000	2 185 000	378 000
Tax	463 000	149 000	233 000	0
Net Income	1 616 000	525 000	1 952 000	378 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 033 000	2 533 000	2 798 000	1 110 000
Total Current Assets	5 729 000	2 922 000	2 142 000	1 235 000
Total Assets	7 762 000	5 456 000	4 940 000	2 345 000
Total Retained Equity	858 000	841 000	1 487 000	353 000
Total Equity	888 000	871 000	1 517 000	383 000
Total Long-Term Debt	1 066 000	1 285 000	670 000	833 000
Total Current Debt	5 808 000	3 300 000	2 752 000	1 129 000
Total Equity and Debt	7 762 000	5 456 000	4 940 000	2 345 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	25 940 000	14 405 000	16 282 000	3 445 000
Other Income	100 000	0	0	150 000
Revenue	26 040 000	14 405 000	16 282 000	3 595 000
Cost of Goods Sold	12 691 000	4 900 000	6 455 000	1 273 000
Salary Costs	8 503 000	6 731 000	5 710 000	2 664 000
Depreciation	199 000	167 000	52 000	28 000
Impairment	0	0	0	0
Expenditure	23 865 000	13 619 000	14 024 000	4 685 000
Operating Profit	2 176 000	785 000	2 258 000	−1 090 000
Financial Income	11 000	5 000	2 000	1 493 000
Financial Costs	107 000	116 000	75 000	26 000
Financial Balance	−96 000	−111 000	−73 000	1 467 000
Dividends	1 600 000	821 000	0	0
Net Income	1 616 000	525 000	1 952 000	378 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	5 000	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	615 000	576 000	298 000	225 000
Total Tangible Assets	615 000	576 000	298 000	225 000
Total Fiancial Fixed Assets	1 412 000	1 956 000	2 500 000	885 000
Total Fixed Assets	2 033 000	2 533 000	2 798 000	1 110 000
Stock	748 000	410 000	315 000	355 000
Total Investments	0	0	0	0
Cash, Bank	231 000	524 000	314 000	67 000
Total Current Assets	5 729 000	2 922 000	2 142 000	1 235 000
Total Assets	7 762 000	5 456 000	4 940 000	2 345 000
Total Equity	888 000	871 000	1 517 000	383 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 066 000	1 285 000	670 000	833 000
Creditors	605 000	254 000	283 000	325 000
Unpaid Taxes	1 469 000	1 022 000	817 000	528 000
Dividends	1 600 000	821 000	0	0
Other Current Debt	2 517 000	1 969 000	1 653 000	276 000
Total Current Debt	5 808 000	3 300 000	2 752 000	1 129 000
Total Equity and Debt	7 762 000	5 456 000	4 940 000	2 345 000

Financial indicators	2021	2020	2019	2018
Return on Equity	181,98 %	60,28 %	128,68 %	98,69 %
Debt-to-Equity Ratio	1,2	1,48	0,44	2,17
Operating Profit Margin	8,36 %	5,45 %	13,87 %	−30,32 %
Current Ratio	0,99	0,89	0,78	1,09
Quick Ratio	1,13	1,01	0,88	1,6
Equity Ratio	0,11	0,16	0,31	0,16
Gross Profit Margin	51,26 %	65,98 %	60,35 %	64,59 %