SKAVHAUG IT CONSULTING AS

4022 STAVANGER

Finances

Return on Equity

28,08 %

Current Ratio

2,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 853 000	1 787 000	1 617 000	1 611 000
Net Income	526 000	262 000	−245 000	−333 000
Total Assets	2 314 000	1 896 000	1 365 000	1 628 000
Total Equity	1 873 000	1 347 000	1 085 000	1 330 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 853 000	1 787 000	1 617 000	1 611 000
Expenditure	1 356 000	1 274 000	1 290 000	1 331 000
Operating Profit	497 000	513 000	327 000	279 000
Financial Income	31 000	83 000	18 000	26 000
Financial Costs	31 000	22 000	590 000	669 000
Financial Balance	0	61 000	−572 000	−643 000
Earnings Before Tax	497 000	574 000	−245 000	−364 000
Tax	−29 000	313 000	0	−31 000
Net Income	526 000	262 000	−245 000	−333 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 343 000	1 143 000	859 000	142 000
Total Current Assets	971 000	753 000	505 000	1 486 000
Total Assets	2 314 000	1 896 000	1 365 000	1 628 000
Total Retained Equity	1 843 000	1 317 000	1 055 000	1 300 000
Total Equity	1 873 000	1 347 000	1 085 000	1 330 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	441 000	549 000	279 000	298 000
Total Equity and Debt	2 314 000	1 896 000	1 365 000	1 628 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 853 000	1 787 000	1 617 000	1 611 000
Other Income	0	0	0	0
Revenue	1 853 000	1 787 000	1 617 000	1 611 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 296 000	1 206 000	1 196 000	1 257 000
Depreciation	0	0	4 000	6 000
Impairment	0	0	0	0
Expenditure	1 356 000	1 274 000	1 290 000	1 331 000
Operating Profit	497 000	513 000	327 000	279 000
Financial Income	31 000	83 000	18 000	26 000
Financial Costs	31 000	22 000	590 000	669 000
Financial Balance	0	61 000	−572 000	−643 000
Dividends	0	0	0	0
Net Income	526 000	262 000	−245 000	−333 000

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	4 000
Total Tangible Assets	0	0	0	4 000
Total Fiancial Fixed Assets	1 343 000	1 143 000	859 000	138 000
Total Fixed Assets	1 343 000	1 143 000	859 000	142 000
Stock	0	0	0	0
Total Investments	358 000	358 000	117 000	687 000
Cash, Bank	405 000	189 000	218 000	616 000
Total Current Assets	971 000	753 000	505 000	1 486 000
Total Assets	2 314 000	1 896 000	1 365 000	1 628 000
Total Equity	1 873 000	1 347 000	1 085 000	1 330 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	2 000	0	2 000
Unpaid Taxes	186 000	158 000	149 000	161 000
Dividends	0	0	0	0
Other Current Debt	146 000	137 000	130 000	135 000
Total Current Debt	441 000	549 000	279 000	298 000
Total Equity and Debt	2 314 000	1 896 000	1 365 000	1 628 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,08 %	19,45 %	−22,58 %	−25,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,82 %	28,71 %	20,22 %	17,32 %
Current Ratio	2,2	1,37	1,81	4,99
Quick Ratio	2,2	1,37	1,81	4,99
Equity Ratio	0,81	0,71	0,79	0,82
Gross Profit Margin	100 %	100 %	100 %	100 %