SKJELSUNDET UTVIKLING AS

5986 HOSTELAND

Finances

Share Ownership

Return on Equity

4,29 %

Current Ratio

125,83

Debt-to-Equity Ratio

1,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	916 000	383 000	2 641 000	217 000
Net Income	51 000	84 000	83 000	15 000
Total Assets	3 541 000	3 480 000	3 387 000	3 283 000
Total Equity	1 190 000	1 139 000	1 055 000	972 000

Income (NOK)	2022	2021	2020	2019
Revenue	916 000	383 000	2 641 000	217 000
Expenditure	747 000	201 000	2 441 000	95 000
Operating Profit	169 000	182 000	201 000	122 000
Financial Income	6 000	1 000	0	1 000
Financial Costs	95 000	89 000	95 000	103 000
Financial Balance	−89 000	−88 000	−95 000	−102 000
Earnings Before Tax	80 000	93 000	106 000	19 000
Tax	29 000	9 000	23 000	4 000
Net Income	51 000	84 000	83 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 276 000	494 000	540 000	286 000
Total Current Assets	2 265 000	2 985 000	2 847 000	2 997 000
Total Assets	3 541 000	3 480 000	3 387 000	3 283 000
Total Retained Equity	254 000	203 000	119 000	36 000
Total Equity	1 190 000	1 139 000	1 055 000	972 000
Total Long-Term Debt	2 333 000	2 328 000	2 328 000	2 304 000
Total Current Debt	18 000	13 000	5 000	7 000
Total Equity and Debt	3 541 000	3 480 000	3 387 000	3 283 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	917 000	383 000	669 000	4 000
Other Income	−1 000	0	1 972 000	213 000
Revenue	916 000	383 000	2 641 000	217 000
Cost of Goods Sold	500 000	50 000	2 239 000	50 000
Salary Costs	0	0	0	0
Depreciation	65 000	46 000	39 000	7 000
Impairment	0	0	0	0
Expenditure	747 000	201 000	2 441 000	95 000
Operating Profit	169 000	182 000	201 000	122 000
Financial Income	6 000	1 000	0	1 000
Financial Costs	95 000	89 000	95 000	103 000
Financial Balance	−89 000	−88 000	−95 000	−102 000
Dividends	0	0	0	0
Net Income	51 000	84 000	83 000	15 000

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	915 000	247 000	257 000	0
Fixtures	361 000	248 000	283 000	286 000
Total Tangible Assets	1 276 000	494 000	540 000	286 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 276 000	494 000	540 000	286 000
Stock	2 090 000	2 424 000	2 319 000	2 826 000
Total Investments	0	0	0	0
Cash, Bank	153 000	536 000	329 000	171 000
Total Current Assets	2 265 000	2 985 000	2 847 000	2 997 000
Total Assets	3 541 000	3 480 000	3 387 000	3 283 000
Total Equity	1 190 000	1 139 000	1 055 000	972 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 333 000	2 328 000	2 328 000	2 304 000
Creditors	16 000	3 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	5 000	7 000
Total Current Debt	18 000	13 000	5 000	7 000
Total Equity and Debt	3 541 000	3 480 000	3 387 000	3 283 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,29 %	7,37 %	7,87 %	1,54 %
Debt-to-Equity Ratio	1,96	2,04	2,21	2,37
Operating Profit Margin	18,45 %	47,52 %	7,61 %	56,22 %
Current Ratio	125,83	229,62	569,4	428,14
Quick Ratio	−1,09	−1,24	−1,23	−1,06
Equity Ratio	0,34	0,33	0,31	0,3
Gross Profit Margin	45,41 %	86,95 %	15,22 %	76,96 %