SKAGEN 14 AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

21,98 %

Current Ratio

1,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 138 000	2 027 000	1 983 000	1 510 000
Net Income	1 476 000	1 241 000	1 300 000	963 000
Total Assets	8 931 000	8 886 000	8 921 000	17 684 000
Total Equity	6 714 000	6 839 000	6 987 000	7 094 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 138 000	2 027 000	1 983 000	1 510 000
Expenditure	443 000	580 000	452 000	483 000
Operating Profit	1 695 000	1 447 000	1 531 000	1 028 000
Financial Income	198 000	184 000	176 000	578 000
Financial Costs	0	32 000	40 000	371 000
Financial Balance	198 000	152 000	136 000	207 000
Earnings Before Tax	1 893 000	1 600 000	1 667 000	1 235 000
Tax	416 000	359 000	366 000	272 000
Net Income	1 476 000	1 241 000	1 300 000	963 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 706 000	4 971 000	5 238 000	17 638 000
Total Current Assets	4 225 000	3 915 000	3 683 000	46 000
Total Assets	8 931 000	8 886 000	8 921 000	17 684 000
Total Retained Equity	6 429 000	6 553 000	6 702 000	6 809 000
Total Equity	6 714 000	6 839 000	6 987 000	7 094 000
Total Long-Term Debt	0	0	0	9 153 000
Total Current Debt	2 217 000	2 047 000	1 934 000	1 438 000
Total Equity and Debt	8 931 000	8 886 000	8 921 000	17 684 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 138 000	2 027 000	1 983 000	1 510 000
Revenue	2 138 000	2 027 000	1 983 000	1 510 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	300 000	300 000	300 000	313 000
Impairment	0	0	0	0
Expenditure	443 000	580 000	452 000	483 000
Operating Profit	1 695 000	1 447 000	1 531 000	1 028 000
Financial Income	198 000	184 000	176 000	578 000
Financial Costs	0	32 000	40 000	371 000
Financial Balance	198 000	152 000	136 000	207 000
Dividends	0	0	0	0
Net Income	1 476 000	1 241 000	1 300 000	963 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	206 000	171 000	138 000	108 000
Real Eastate	4 500 000	4 800 000	5 100 000	5 400 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 500 000	4 800 000	5 100 000	5 400 000
Total Fiancial Fixed Assets	0	0	0	12 130 000
Total Fixed Assets	4 706 000	4 971 000	5 238 000	17 638 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	73 000	1 000	11 000	0
Total Current Assets	4 225 000	3 915 000	3 683 000	46 000
Total Assets	8 931 000	8 886 000	8 921 000	17 684 000
Total Equity	6 714 000	6 839 000	6 987 000	7 094 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	9 153 000
Creditors	10 000	228 000	2 000	13 000
Unpaid Taxes	87 000	38 000	93 000	0
Dividends	0	0	0	0
Other Current Debt	2 120 000	1 781 000	1 839 000	1 425 000
Total Current Debt	2 217 000	2 047 000	1 934 000	1 438 000
Total Equity and Debt	8 931 000	8 886 000	8 921 000	17 684 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,98 %	18,15 %	18,61 %	13,57 %
Debt-to-Equity Ratio	0	0	0	1,29
Operating Profit Margin	79,28 %	71,39 %	77,21 %	68,08 %
Current Ratio	1,91	1,91	1,9	0,03
Quick Ratio	1,91	1,91	1,9	0,03
Equity Ratio	0,75	0,77	0,78	0,4
Gross Profit Margin	100 %	100 %	100 %	100 %