SKULSTAD ARMERINGSSERVICE AS

3614 KONGSBERG

Finances

Share Ownership

Return on Equity

49,04 %

Current Ratio

1,16

Debt-to-Equity Ratio

1,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 884 000	2 308 000	2 142 000	1 458 000
Net Income	128 000	561 000	443 000	287 000
Total Assets	1 116 000	1 902 000	1 794 000	1 341 000
Total Equity	261 000	883 000	772 000	530 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 884 000	2 308 000	2 142 000	1 458 000
Expenditure	1 678 000	1 552 000	1 538 000	1 136 000
Operating Profit	206 000	756 000	603 000	323 000
Financial Income	0	0	1 000	0
Financial Costs	43 000	31 000	36 000	22 000
Financial Balance	−43 000	−31 000	−35 000	−22 000
Earnings Before Tax	164 000	725 000	568 000	301 000
Tax	36 000	164 000	125 000	14 000
Net Income	128 000	561 000	443 000	287 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	550 000	345 000	461 000	571 000
Total Current Assets	566 000	1 557 000	1 333 000	771 000
Total Assets	1 116 000	1 902 000	1 794 000	1 341 000
Total Retained Equity	231 000	853 000	742 000	500 000
Total Equity	261 000	883 000	772 000	530 000
Total Long-Term Debt	369 000	495 000	577 000	650 000
Total Current Debt	486 000	524 000	445 000	161 000
Total Equity and Debt	1 116 000	1 902 000	1 794 000	1 341 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 669 000	2 308 000	2 142 000	1 458 000
Other Income	215 000	0	0	0
Revenue	1 884 000	2 308 000	2 142 000	1 458 000
Cost of Goods Sold	162 000	128 000	56 000	74 000
Salary Costs	1 077 000	1 020 000	1 106 000	701 000
Depreciation	157 000	170 000	155 000	74 000
Impairment	0	0	0	0
Expenditure	1 678 000	1 552 000	1 538 000	1 136 000
Operating Profit	206 000	756 000	603 000	323 000
Financial Income	0	0	1 000	0
Financial Costs	43 000	31 000	36 000	22 000
Financial Balance	−43 000	−31 000	−35 000	−22 000
Dividends	750 000	450 000	200 000	0
Net Income	128 000	561 000	443 000	287 000

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	550 000	342 000	461 000	571 000
Total Tangible Assets	550 000	342 000	461 000	571 000
Total Fiancial Fixed Assets	0	3 000	0	0
Total Fixed Assets	550 000	345 000	461 000	571 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	102 000	1 212 000	893 000	158 000
Total Current Assets	566 000	1 557 000	1 333 000	771 000
Total Assets	1 116 000	1 902 000	1 794 000	1 341 000
Total Equity	261 000	883 000	772 000	530 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	369 000	495 000	577 000	650 000
Creditors	23 000	20 000	0	0
Unpaid Taxes	252 000	248 000	190 000	98 000
Dividends	750 000	450 000	200 000	0
Other Current Debt	197 000	83 000	126 000	64 000
Total Current Debt	486 000	524 000	445 000	161 000
Total Equity and Debt	1 116 000	1 902 000	1 794 000	1 341 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,04 %	63,53 %	57,38 %	54,15 %
Debt-to-Equity Ratio	1,41	0,56	0,75	1,23
Operating Profit Margin	10,93 %	32,76 %	28,15 %	22,15 %
Current Ratio	1,16	2,97	3	4,79
Quick Ratio	1,16	2,97	3	4,79
Equity Ratio	0,23	0,46	0,43	0,4
Gross Profit Margin	91,4 %	94,45 %	97,39 %	94,92 %