SKARSTEIN SERVICE AS

6030 LANGEVÅG

Finances

Share Ownership

Return on Equity

62,64 %

Current Ratio

2,07

Debt-to-Equity Ratio

13,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 797 000	5 586 000	3 482 000	318 000
Net Income	57 000	541 000	1 016 000	161 000
Total Assets	1 890 000	1 787 000	1 726 000	584 000
Total Equity	91 000	572 000	1 093 000	76 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 797 000	5 586 000	3 482 000	318 000
Expenditure	4 683 000	4 871 000	2 176 000	143 000
Operating Profit	115 000	713 000	1 306 000	174 000
Financial Income	0	0	0	0
Financial Costs	40 000	17 000	2 000	0
Financial Balance	−40 000	−17 000	−2 000	0
Earnings Before Tax	75 000	696 000	1 304 000	174 000
Tax	18 000	155 000	288 000	13 000
Net Income	57 000	541 000	1 016 000	161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	773 000	523 000	415 000	321 000
Total Current Assets	1 117 000	1 264 000	1 311 000	262 000
Total Assets	1 890 000	1 787 000	1 726 000	584 000
Total Retained Equity	61 000	542 000	1 063 000	46 000
Total Equity	91 000	572 000	1 093 000	76 000
Total Long-Term Debt	1 260 000	101 000	123 000	12 000
Total Current Debt	539 000	1 114 000	510 000	496 000
Total Equity and Debt	1 890 000	1 787 000	1 726 000	584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 777 000	5 578 000	3 348 000	281 000
Other Income	20 000	8 000	134 000	37 000
Revenue	4 797 000	5 586 000	3 482 000	318 000
Cost of Goods Sold	2 334 000	2 911 000	1 763 000	18 000
Salary Costs	1 096 000	1 059 000	0	1 000
Depreciation	194 000	122 000	108 000	51 000
Impairment	0	0	0	0
Expenditure	4 683 000	4 871 000	2 176 000	143 000
Operating Profit	115 000	713 000	1 306 000	174 000
Financial Income	0	0	0	0
Financial Costs	40 000	17 000	2 000	0
Financial Balance	−40 000	−17 000	−2 000	0
Dividends	538 000	1 062 000	0	0
Net Income	57 000	541 000	1 016 000	161 000

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	753 000	503 000	415 000	321 000
Total Tangible Assets	753 000	503 000	415 000	321 000
Total Fiancial Fixed Assets	20 000	20 000	0	0
Total Fixed Assets	773 000	523 000	415 000	321 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	51 000	268 000	659 000	1 000
Total Current Assets	1 117 000	1 264 000	1 311 000	262 000
Total Assets	1 890 000	1 787 000	1 726 000	584 000
Total Equity	91 000	572 000	1 093 000	76 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 260 000	101 000	123 000	12 000
Creditors	260 000	361 000	155 000	10 000
Unpaid Taxes	170 000	514 000	92 000	51 000
Dividends	538 000	1 062 000	0	0
Other Current Debt	91 000	81 000	0	434 000
Total Current Debt	539 000	1 114 000	510 000	496 000
Total Equity and Debt	1 890 000	1 787 000	1 726 000	584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,64 %	94,58 %	92,96 %	211,84 %
Debt-to-Equity Ratio	13,85	0,18	0,11	0,16
Operating Profit Margin	2,4 %	12,76 %	37,51 %	54,72 %
Current Ratio	2,07	1,13	2,57	0,53
Quick Ratio	2,07	1,13	2,57	0,53
Equity Ratio	0,05	0,32	0,63	0,13
Gross Profit Margin	51,34 %	47,89 %	49,37 %	94,34 %