SKAGERAK CAPITAL III AS

4610 KRISTIANSAND S

Finances

Return on Equity

−30,68 %

Current Ratio

88,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	450 000	0
Net Income	−39 765 000	−31 168 000	−8 285 000	−8 981 000
Total Assets	129 806 000	138 881 000	128 109 000	88 416 000
Total Equity	129 624 000	138 535 000	127 702 000	87 988 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	450 000	0
Expenditure	8 015 000	8 084 000	8 820 000	9 120 000
Operating Profit	−8 015 000	−8 084 000	−8 370 000	−9 120 000
Financial Income	293 000	80 000	86 000	139 000
Financial Costs	32 043 000	23 164 000	1 000	0
Financial Balance	−31 750 000	−23 084 000	85 000	139 000
Earnings Before Tax	−39 765 000	−31 168 000	−8 285 000	−8 981 000
Tax	0	0	0	0
Net Income	−39 765 000	−31 168 000	−8 285 000	−8 981 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	113 742 000	121 008 000	115 491 000	82 334 000
Total Current Assets	16 064 000	17 873 000	12 618 000	6 082 000
Total Assets	129 806 000	138 881 000	128 109 000	88 416 000
Total Retained Equity	−108 218 000	−68 454 000	−37 286 000	−29 001 000
Total Equity	129 624 000	138 535 000	127 702 000	87 988 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	182 000	346 000	406 000	429 000
Total Equity and Debt	129 806 000	138 881 000	128 109 000	88 416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	450 000	0
Revenue	0	0	450 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	297 000	300 000	371 000	445 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 015 000	8 084 000	8 820 000	9 120 000
Operating Profit	−8 015 000	−8 084 000	−8 370 000	−9 120 000
Financial Income	293 000	80 000	86 000	139 000
Financial Costs	32 043 000	23 164 000	1 000	0
Financial Balance	−31 750 000	−23 084 000	85 000	139 000
Dividends	0	0	0	0
Net Income	−39 765 000	−31 168 000	−8 285 000	−8 981 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	113 742 000	121 008 000	115 491 000	82 334 000
Total Fixed Assets	113 742 000	121 008 000	115 491 000	82 334 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 223 000	10 561 000	9 230 000	4 537 000
Total Current Assets	16 064 000	17 873 000	12 618 000	6 082 000
Total Assets	129 806 000	138 881 000	128 109 000	88 416 000
Total Equity	129 624 000	138 535 000	127 702 000	87 988 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	33 000	8 000	4 000	26 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	148 000	338 000	402 000	402 000
Total Current Debt	182 000	346 000	406 000	429 000
Total Equity and Debt	129 806 000	138 881 000	128 109 000	88 416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,68 %	−22,5 %	−6,49 %	−10,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	−1 860 %	-
Current Ratio	88,26	51,66	31,08	14,18
Quick Ratio	88,26	51,66	31,08	14,18
Equity Ratio	1	1	1	1
Gross Profit Margin	-	-	100 %	-